v3.26.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Revenues    
Total revenues $ 275,331 $ 175,958
Expenses    
Compensation and benefits 107,664 69,556
Total expenses 148,860 98,983
Other income (expense)    
Equity in income of investees 3,035 9,439
Non-operating (loss) gain, net (595) 447
Consolidated Funds and Partnerships:    
Total other income (expense) 23,496 18,474
Income before income taxes 149,967 95,449
Income tax expense 25,083 18,379
Net income 124,884 77,070
Net income attributable to Hamilton Lane Incorporated $ 80,461 $ 53,745
Class A Common Stock    
Consolidated Funds and Partnerships:    
Basic earnings per share of Class A common stock (in dollars per share) $ 1.94 $ 1.30
Diluted earnings per share of Class A common stock (in dollars per share) 1.93 1.28
Dividends declared per share of Class A common stock (in dollars per share) $ 0.60 $ 0.54
Consolidated entity, excluding VIE    
Expenses    
General, administrative and other $ 38,207 $ 28,943
Other income (expense)    
Interest expense (3,497) (3,856)
Interest income 3,180 2,794
Non-Controlling Interests in Consolidated Funds and Partnerships    
Expenses    
General, administrative and other 2,989 484
Other income (expense)    
Interest income 930 240
Consolidated Funds and Partnerships:    
Equity in (loss) income of investees (369) 871
Net gain on investments 20,812 8,539
Less: Income attributable to non-controlling interests 13,635 1,604
Hamilton Lane Advisors, L.L.C.    
Consolidated Funds and Partnerships:    
Less: Income attributable to non-controlling interests 30,788 21,721
Management and advisory fees    
Revenues    
Total revenues 161,367 133,696
Incentive fees | Consolidated entity, excluding VIE    
Revenues    
Total revenues $ 113,964 $ 42,262