We are pivoting towards quality over quantity in our investments, believing this strategy will yield better returns in the long run.
— CEO
03Detailed Report
HLNE
Hamilton Lane Incorporated
Period
Q1 2026
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 10, 2026
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Executive Summary
Hamilton Lane Incorporated (HLNE) reported solid results for the first quarter of 2026, showcasing resilience in a challenging asset management market. With a revenue of $175.96 million, the company experienced a year-over-year decline of 10.56% and a quarter-over-quarter decline of 11.12%. Fortunately, net income settled at $53.74 million, reflecting a slight increase of 6.43% from the previous quarter, which underscores effective cost management and operational efficiency amidst decreasing revenues.
Management highlighted strategic adaptations and maintained a focus on high-value areas within investment management, including targeted private equity investments that continue to fuel investor interest. The emphasis on maintaining a lean operational framework enabled Hamilton Lane to sustain its profitability even as revenue pressures persisted.
Key Performance Indicators
Revenue
Decreasing
175.96M
QoQ: -11.12% | YoY: -10.56%
Gross Profit
Decreasing
106.40M
60.47% margin
QoQ: -46.25% | YoY: -21.60%
Operating Income
Decreasing
77.46M
QoQ: N/A | YoY: -13.56%
Net Income
Decreasing
53.75M
QoQ: 6.43% | YoY: -8.85%
EPS
Decreasing
1.30
QoQ: 4.84% | YoY: -12.75%
Revenue Trend
Margin Analysis
Financial Highlights
### Key Financial Metrics
- Revenue: $175.96 million, down 10.56% YoY and 11.12% QoQ
- Gross Profit: $106.40 million, with a gross profit margin of 60.47%, a significant decline of 21.60% YoY and 46.25% QoQ.
- Operating Income: $77.46 million, representing a 13.56% decrease YoY.
- Net Income: $53.74 million, showing an 8.85% decrease YoY but up 6.43% from the previous quarter.
- Earnings Per Share (EPS): $1.30, down 12.75% YoY, with a 4.84% increase QoQ.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
175.96M
-10.56%
-11.12%
Gross Profit
106.40M
-21.60%
-46.25%
Operating Income
77.46M
-13.56%
N/A
Net Income
53.75M
-8.85%
6.43%
EPS
1.30
-12.75%
4.84%
Key Financial Ratios
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