HLNE
Hamilton Lane Inc
NASDAQ: HLNE · FINANCIAL SERVICES · ASSET MANAGEMENT
$88.62
-2.35% today
Updated 2026-04-29
Market cap
$4.94B
P/E ratio
15.80
P/S ratio
6.47x
EPS (TTM)
$5.61
Dividend yield
2.33%
52W range
$86 – $176
Volume
0.9M
Hamilton Lane Inc (HLNE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $139.76M | $155.38M | $180.80M | $179.82M | $244.03M | $252.18M | $274.05M | $341.63M | $367.92M | $528.75M | $553.84M | $712.96M |
| Revenue growth (YoY) | — | +11.2% | +16.4% | -0.5% | +35.7% | +3.3% | +8.7% | +24.7% | +7.7% | +43.7% | +4.7% | +28.7% |
| Cost of revenue | $55.95M | $60.16M | $92.06M | $72.12M | $82.87M | $99.00M | $85.76M | $136.32M | $108.39M | $149.32M | $166.39M | $208.22M |
| Gross profit | $83.81M | $95.23M | $88.73M | $107.70M | $161.16M | $153.18M | $188.28M | $205.32M | $259.52M | $379.44M | $387.45M | $504.74M |
| Gross margin | 60.0% | 61.3% | 49.1% | 59.9% | 66.0% | 60.7% | 68.7% | 60.1% | 70.5% | 71.8% | 70.0% | 70.8% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| SG&A | $24.76M | $26.86M | $26.90M | $31.59M | $38.21M | $48.96M | $71.86M | $49.59M | $89.96M | $139.40M | $141.63M | $188.19M |
| Operating income | $59.05M | $68.36M | $61.83M | $76.11M | $122.95M | $104.22M | $116.43M | $155.73M | $169.56M | $240.04M | $245.82M | $316.55M |
| Operating margin | 42.3% | 44.0% | 34.2% | 42.3% | 50.4% | 41.3% | 42.5% | 45.6% | 46.1% | 45.4% | 44.4% | 44.4% |
| EBITDA | $77.25M | $79.73M | $71.39M | $91.23M | $147.51M | $135.57M | $146.85M | $159.86M | $323.81M | $258.67M | $301.02M | $384.89M |
| EBITDA margin | 55.3% | 51.3% | 39.5% | 50.7% | 60.4% | 53.8% | 53.6% | 46.8% | 88.0% | 48.9% | 54.4% | 54.0% |
| EBIT | $75.40M | $77.87M | $69.36M | $89.32M | $145.62M | $132.60M | $143.56M | $155.73M | $318.31M | $251.23M | $292.84M | $375.61M |
| Interest expense | $8.50M | $5.88M | $12.64M | $14.56M | $5.99M | $3.04M | $2.82M | $2.50M | $4.63M | $8.62M | $11.18M | $13.33M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $62.46M | $71.50M | $57.11M | $612000.00 | $17.34M | $33.57M | $60.83M | $98.02M | $145.99M | $109.12M | $140.86M | $217.42M |
| Net income growth (YoY) | — | +14.5% | -20.1% | -98.9% | +2733.5% | +93.6% | +81.2% | +61.2% | +48.9% | -25.3% | +29.1% | +54.4% |
| Profit margin | 44.7% | 46.0% | 31.6% | 0.3% | 7.1% | 13.3% | 22.2% | 28.7% | 39.7% | 20.6% | 25.4% | 30.5% |