Hamilton Lane Inc (HLNE)
NASDAQ:HLNE
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
1.43Last Year’s EPS
1.31Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized broad growth across product suites, strong fee and earnings expansion, meaningful fundraising and distribution traction (notably in Evergreens and direct equity), robust exit realizations and active capital deployment. Challenges included a notable drop in retro fees, higher operating expenses, monthly volatility in evergreen flows (March redemptions), modest overall AUM growth, and increased reliance on variable performance‑linked revenues. Management highlighted discipline in secondary underwriting and successful liquidity management for evergreen products.Company Guidance
Total Asset Footprint and AUA Growth
Total asset footprint reached $1.0 trillion, up 9% year‑over‑year. Assets under advisement (AUA) totaled $905 billion, increasing by $86 billion or 10% year‑over‑year.
AUM and Fee‑Earning AUM Expansion
Assets under management (AUM) ended fiscal year at $142 billion, up $4 billion or 3% year‑over‑year. Fee‑earning AUM grew to $82 billion, up $9 billion or 13% year‑over‑year, with quarter‑over‑quarter growth of $2 billion (3%).
Strong Fee Revenue and Earnings Growth
Management and advisory fees were $584 million, up 14% year‑over‑year. Total fee‑related revenue was $687 million, up 20% year‑over‑year. Fee‑related earnings (FRE) were $345 million, up 25% year‑over‑year, with FRE margin improving to 50% from 48%.
Evergreen and Specialized Fund Momentum
Specialized fund fee‑earning AUM was $41 billion, up $8 billion or 24% year‑over‑year. Total evergreen AUM exceeded $17.5 billion, up 64% year‑over‑year. The evergreen platform produced over $1 billion of aggregate net inflows in the quarter; monthly breakdown: Jan +$471M, Feb +$591M, Mar -$17M; April expected +$265M.
Direct Equity & Closed‑End Fundraising Strength
Direct equity fund has raised approximately $2.8 billion (about 35% larger than prior vintage of $2.1B). Launched fundraising for a GP‑led secondary fund and expects initial closes for new secondary and venture funds in coming months.
Strong Exit and Realization Performance
Direct equity platform: 8 exits in calendar 2026 (6 closed, 2 announced) generating over $1.2 billion gross proceeds and a 3.6x multiple on Hamilton Lane invested capital; aggregate values ~34% above GP marks two quarters prior. Sixth secondary fund: >340 company exits (2023–2025) realized on average ~9% higher than marks two quarters earlier.
Balance Sheet and Capital Actions
GAAP net income for fiscal year was $249 million (GAAP EPS $5.92); adjusted net income $321 million (non‑GAAP EPS $5.90). Board approved an 11% dividend increase to $2.40 per share annually. Repurchased 199k shares for ~$20 million and increased repurchase authorization to $100 million (approx. $80M remaining). Unrealized carry balance rose ~23% to ~$1.5 billion.
Innovation and Distribution Wins
Made strategic investments in Cornerstone and Republic to enhance digital/private market infrastructure and broaden distribution/tokenization opportunities. Secured seed and institutional commitments including ~ $325M of initial commitments for the new Credit Income Fund (SIF) and a $250M allocation from Guardian parent.
Revenue Diversification and Product Traction
Revenue from reporting, monitoring, data and analytics grew approximately $7 million or 22% year‑over‑year. Customized separate accounts fee‑earning AUM reached $41 billion, up $1.6 billion or 4% year‑over‑year, and institutional allocations to evergreen products rose to >25% of inflows.
HLNE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HLNE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $85.11 | $88.59 | +4.09% |
Feb 03, 2026 | $140.62 | $135.36 | -3.74% |
Nov 04, 2025 | $113.85 | $121.13 | +6.39% |
Aug 05, 2025 | $148.95 | $154.75 | +3.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hamilton Lane Inc (HLNE) report earnings?
Hamilton Lane Inc (HLNE) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Hamilton Lane Inc (HLNE) earnings time?
Hamilton Lane Inc (HLNE) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HLNE EPS forecast?
HLNE EPS forecast for the fiscal quarter 2027 (Q1) is 1.43.