v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Revenues      
Total revenues $ 758,993 $ 712,963 $ 553,842
Expenses      
Compensation and benefits 299,575 274,497 204,004
Total expenses 434,050 396,411 308,024
Other income (expense)      
Equity in income of investees 51,923 29,016 34,893
Non-operating gain (loss), net 2,466 8,434 (2,515)
Consolidated Funds and Partnerships:      
Total other income (expense) 137,980 45,725 35,843
Income before income taxes 462,923 362,277 281,661
Income tax expense 75,203 48,509 54,454
Net income 387,720 313,768 227,207
Net income attributable to Hamilton Lane Incorporated 249,180 217,417 140,858
Class A Common Stock      
Consolidated Funds and Partnerships:      
Net income attributable to Hamilton Lane Incorporated $ 249,180 $ 217,417 $ 140,858
Basic earnings per share of Class A common stock (in dollars per share) $ 5.99 $ 5.45 $ 3.72
Diluted earnings per share of Class A common stock (in dollars per share) 5.92 5.41 3.69
Dividends declared per share of Class A common stock (in dollars per share) $ 2.16 $ 1.96 $ 1.78
Consolidated entity, excluding VIE      
Expenses      
General, administrative and other $ 132,078 $ 120,929 $ 103,403
Other income (expense)      
Interest expense (14,952) (13,332) (11,169)
Interest income 11,083 7,874 5,427
Consolidated Funds and Partnerships      
Expenses      
General, administrative and other 2,397 985 617
Other income (expense)      
Interest expense 0 0 (6)
Interest income 2,201 205 4,581
Consolidated Funds and Partnerships:      
Equity in income of investees 1,509 1,613 1,598
Net gain on investments 83,750 11,915 3,034
Less: Income attributable to non-controlling interests 44,166 3,508 5,514
Hamilton Lane Advisors, L.L.C.      
Consolidated Funds and Partnerships:      
Less: Income attributable to non-controlling interests 94,374 92,843 80,835
Management and advisory fees      
Revenues      
Total revenues 584,216 513,864 451,936
Incentive fees | Consolidated entity, excluding VIE      
Revenues      
Total revenues 170,575 198,296 101,906
Incentive fees | Consolidated Funds and Partnerships      
Revenues      
Total revenues $ 4,202 $ 803 $ 0