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Hamilton Lane HLNE Business Segments

Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Total revenues by Product
Advisory$4.75M-13.5%$4.81M-15.3%$5.43M-5.2%$5.49M-7.2%$5.49M-6.0%
Customized separate accounts$35.08M+8.7%$36.11M+6.4%$35.77M+2.9%$34.58M+3.4%$32.26M+0.4%
Distribution management$288K-59.0%$455K-54.6%$452K+8.7%$975K+95.8%$702K-34.7%
Fund reimbursement revenue$2.43M+20.2%$3.95M+40.6%$1.97M+36.8%$1.52M-54.1%$2.02M-8.9%
Reporting, monitoring, data and analytics$9.4M+17.2%$9.33M+31.3%$8.64M+21.3%$8.39M+20.0%$8.02M+25.0%
Specialized funds$103.27M+30.2%$98.53M+30.0%$89.86M+27.8%$82.75M-7.8%$79.35M+4.4%
Revenue by Product
Customized separate accounts$1.23M+28.6%$5.93M-6.5%$13.07M+212%$4.05M-14.0%$956K-84.5%
Specialized funds$37.16M-46.3%$39.45M+13.2%$31.48M+21.0%$38.21M-26.6%$69.18M+47.9%
Total revenues by Geography
Non-US$112.16M+12.6%$112.16M+12.6%$112.16M+12.6%$112.16M+12.6%$99.59M+21.0%
United States$77.59M-1.4%$77.59M-1.4%$77.59M-1.4%$77.59M-1.4%$78.65M+40.0%

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Questions, answered.

How does Hamilton Lane break its business down?
Hamilton Lane (HLNE) reports total revenues by product across 6 parts — Advisory, Customized separate accounts, Distribution management, Fund reimbursement revenue and Reporting, monitoring, data and analytics. Each is extracted from the segment footnotes and tracked over time.
Where does Hamilton Lane's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Hamilton Lane's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.