Jun 2026 (Q1 FY27) — Aug 4, 2026
Hamilton Lane Q1 FY27 — Strong Fee-Related Earnings Growth and Strategic Investment Realizations
Read the full callHamilton Lane earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 275 | +56.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 80.5 | +49.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $118.04 on 17 Oct 2025 → $82.26. High $153.84 (15 Jan 2026), low $73.79 (24 Jun 2026).
Overview
Call summaries
Hamilton Lane Q1 FY27 — Strong Fee-Related Earnings Growth and Strategic Investment Realizations
Read the full callHamilton Lane Q4 FY26 — Strong Fee-Related Earnings and Evergreen Inflows
Read the full callEvery analysed call
Financials
Net profit, year on year: +50% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 150 | 168 | 198 | 176 | 191 | 199 | 194 | 275 |
| Other income | 10 | 14 | 4 | 18 | 38 | 34 | 48 | 23 |
| Profit before tax | 77 | 90 | 88 | 95 | 118 | 120 | 130 | 150 |
| Tax rate | 1.5% | 14.1% | 16.9% | 19.3% | 11.9% | 22.7% | 12.0% | 16.7% |
| Net profit | 55 | 53 | 50 | 54 | 71 | 58 | 66 | 80 |
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 18 | — | — | — | — | — | — | 615 |
| Total liabilities | 191 | 236 | 546 | 557 | 566 | 595 | 766 | 838 |
| Fixed assets | 8 | 7 | 23 | 29 | 28 | 33 | 38 | 35 |
| Total assets | 361 | 474 | 1,137 | 1,295 | 1,141 | 1,271 | 1,690 | 2,305 |
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 112 | 116 | 188 | 170 | 227 | 121 | 301 | 425 |
| Cash from investing | -19 | -50 | -422 | -70 | 178 | -122 | -118 | -495 |
| Cash from financing | -90 | -65 | 271 | -113 | -364 | 4 | -19 | 156 |
| Net cash flow | 2 | 2 | 37 | -14 | 40 | 3 | 164 | 88 |
| Capital expenditure | -5 | -2 | -19 | -9 | -5 | -11 | -12 | -6 |
| Free cash flow | 106 | 114 | 170 | 161 | 222 | 110 | 289 | 419 |
| Segment | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Revenue From Funds | — | — | — | — | — | — | — | 90% | — |
| Incentive Fee Revenue | 20% | 48% | 15% | 47% | 50% | 44% | 39% | 82% | +172.3% |
| Management and Advisory Fee Revenue | 80% | 75% | 65% | 76% | 74% | 77% | 80% | 59% | +20.7% |
| Incentive Fee Revenue Including Consolidated VI Es | — | 25% | — | 24% | 26% | 23% | 20% | 41% | +169.7% |
| Management and Advisory Fee Revenue Specialized Funds | 47% | 45% | 40% | 47% | 47% | 50% | 53% | 40% | +31.5% |
| Incentive Fee Revenue Specialized Funds | 17% | 21% | 35% | 22% | 16% | 20% | 19% | 39% | +181.5% |
| Management and Advisory Fee Revenue Customized Separate Accounts | 23% | 20% | 16% | 20% | 19% | 18% | 18% | 13% | +0.3% |
| Management and Advisory Fee Revenue Reporting and Other | 5% | 4% | 4% | 5% | 5% | 5% | 5% | 4% | +18.0% |
| Incentive Fee Revenue Customized Separate Accounts | 3% | 4% | <1% | 2% | 7% | 3% | 1% | 2% | +58.1% |
| Management and Advisory Fee Revenue Advisory | 4% | 3% | 3% | 3% | 3% | 2% | 2% | 2% | -17.0% |
| Management and Advisory Fee Revenue Fund Reimbursement Revenue | 1% | 2% | 1% | 1% | 1% | 2% | 1% | 1% | +106.3% |
| Management and Advisory Fee Revenue Distribution Management | <1% | 1% | <1% | 1% | <1% | <1% | <1% | <1% | -73.6% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Mar 2026 Q4 FY26 | Jun 2026 Q1 FY27 | Change vs prior quarter |
|---|---|---|---|
| Assets under management (AUM) | $142BAUM stood at $142 billion at year-end and grew $4 billion or 3% compared to the prior year.Source: earnings call transcript | $146BAUM stood at $146 billion and grew $5 billion or 4% compared to the prior year period.Source: earnings call transcript | +2.8% |
| Assets under management (AUM) Evergreen platform | $17.5B+In addition, total Evergreen AUM ended the quarter at over $17.5 billion which represents a 64% growth year-over-year.Source: earnings call transcript | $19B+For the quarter that ended in June, we generated nearly $640 million of net inflows across all strategies and ended the period with over $19 billion of AUM.Source: earnings call transcript | — |
| Net new assets Evergreen platform | $1B+For the quarter, our Evergreen suite generated over $1 billion of net inflows in aggregate and no individual fund finished the quarter in a net outflow position.Source: earnings call transcript | <$640MFor the quarter that ended in June, we generated nearly $640 million of net inflows across all strategies and ended the period with over $19 billion of AUM.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
43 filings between Nov 7, 2025 and Sep 16, 2026.
Purchases
$19.51M
18 purchases by 6 insiders
Sales
None
No insider sold shares.
Also filed: 4 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Rogers Hartley R. | $13.00M | — | Jun 11, 2026 |
| BERKMAN DAVID J | $2.15M | — | Jun 11, 2026 |
| Delgado-Moreira Juan | $2.03M | — | Feb 20, 2026 |
| Giannini Mario L | $990.0K | — | Feb 20, 2026 |
| Hirsch Erik R. | $988.3K | — | Feb 20, 2026 |
| Kramer Andrea Anigati | $349.4K | — | Jun 11, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 16, 2026 | SEXTON O GRIFFITH Director | Award | 1,953 | $0 |
| Sep 16, 2026 | SCHMERTZLER MICHAEL Director | Award | 977 | $0 |
| Sep 16, 2026 | Armbrister Jeffrey Brian Chief Financial Officer | Tax withheld | 393 | $36.6K |
| Sep 16, 2026 | VARON LESLIE F Director | Award | 977 | $0 |
| Sep 16, 2026 | Kramer Andrea Anigati Chief Operating Officer | Tax withheld | 736 | $68.5K |
| Sep 10, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Gift | 50,000 | $0 |
| Sep 10, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Gift | 50,000 | $0 |
| Jun 30, 2026 | Kramer Andrea Anigati Chief Operating Officer | Award | 27 | $1.8K |
| Jun 30, 2026 | Carl Drew Thomas Chief Accounting Officer | Award | 78 | $5.2K |
| Jun 11, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 27,678 | $2.18M |
| Jun 11, 2026 | Kramer Andrea Anigati Chief Operating Officer | Purchase | 1,283 | $99.4K |
| Jun 11, 2026 | BERKMAN DAVID J Director | Purchase | 15,000 | $1.14M |
| Jun 11, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 10,612 | $826.3K |
| May 29, 2026 | Hirsch Erik R. Co-Chief Executive Officer | Award | 42,145 | $0 |
| May 29, 2026 | Kramer Andrea Anigati Chief Operating Officer | Award | 3,543 | $0 |
| May 29, 2026 | Carl Drew Thomas Chief Accounting Officer | Award | 675 | $0 |
| May 29, 2026 | Armbrister Jeffrey Brian Chief Financial Officer | Award | 2,109 | $0 |
| May 29, 2026 | Gavalis Lydia General Counsel & Secretary | Award | 1,139 | $0 |
| May 29, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Award | 38,087 | $0 |
| May 27, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 466 | $43.2K |
| May 27, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 466 | $43.2K |
| May 26, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 7,975 | $721.2K |
| May 26, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 47,025 | $4.23M |
| May 26, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 47,025 | $4.23M |
| May 26, 2026 | Rogers Hartley R. Executive Co-Chairman | Purchase | 7,975 | $721.2K |
| Mar 31, 2026 | Kramer Andrea Anigati Chief Operating Officer | Award | 62 | $5.3K |
| Mar 14, 2026 | Hirsch Erik R. Co-Chief Executive Officer | Tax withheld | 6,912 | $669.4K |
| Mar 14, 2026 | Gavalis Lydia General Counsel & Secretary | Tax withheld | 549 | $53.2K |
| Mar 14, 2026 | Kramer Andrea Anigati Chief Operating Officer | Tax withheld | 1,212 | $117.4K |
| Mar 14, 2026 | Armbrister Jeffrey Brian Chief Financial Officer | Tax withheld | 590 | $57.1K |
| Mar 14, 2026 | Carl Drew Thomas Chief Accounting Officer | Tax withheld | 85 | $8.2K |
| Feb 24, 2026 | BERKMAN DAVID J Director | Purchase | 10,000 | $1.01M |
| Feb 20, 2026 | Giannini Mario L Executive Co-Chairman | Purchase | 9,225 | $990.0K |
| Feb 20, 2026 | Hirsch Erik R. Co-Chief Executive Officer | Purchase | 9,225 | $988.3K |
| Feb 20, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Purchase | 6,520 | $698.3K |
| Feb 20, 2026 | Kramer Andrea Anigati Chief Operating Officer | Purchase | 2,325 | $250.0K |
| Feb 20, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Purchase | 2,705 | $291.0K |
| Feb 6, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Gift | 14,375 | $0 |
| Feb 6, 2026 | Delgado-Moreira Juan Co-Chief Executive Officer | Gift | 14,375 | $0 |
| Dec 31, 2025 | Carl Drew Thomas Chief Accounting Officer | Award | 46 | $5.3K |
| Dec 31, 2025 | Kramer Andrea Anigati Chief Operating Officer | Award | 46 | $5.3K |
| Nov 7, 2025 | Delgado-Moreira Juan Co-Chief Executive Officer | Purchase | 3,992 | $522.4K |
| Nov 7, 2025 | Delgado-Moreira Juan Co-Chief Executive Officer | Purchase | 4,008 | $520.4K |
| Sep 30, 2025 | Kramer Andrea Anigati Chief Operating Officer | Award | 46 | $5.3K |
| Sep 16, 2025 | Armbrister Jeffrey Brian Chief Financial Officer | Tax withheld | 393 | $57.6K |
| Sep 16, 2025 | Graves Reynoldo Vann Director | Award | 333 | $0 |
| Sep 16, 2025 | Kramer Andrea Anigati Chief Operating Officer | Tax withheld | 736 | $107.8K |
| Sep 16, 2025 | SEXTON O GRIFFITH Director | Award | 1,331 | $0 |
| Sep 16, 2025 | VARON LESLIE F Director | Award | 666 | $0 |
| Sep 4, 2025 | Whittemore Laurence 10% owner | Other | 35,000 | $35 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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