Hamilton Lane Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Transaction-Based Revenues	561.08	513.86	451.94	371.87	314.23	289.44
Other Revenues	202.32	199.1	101.91	156.88	53.69	52.19
Revenue	763.4	712.96	553.84	528.75	367.92	341.64
Revenue Growth (YoY)	10.37%	28.73%	4.75%	43.71%	7.69%	24.66%
Cost of Revenue	303.57	274.5	204	198.41	129.17	136.32
Gross Profit	459.83	438.47	349.84	330.34	238.75	205.32
Selling, General & Admin	132.32	121.91	104.02	90.3	69.19	49.59
Operating Income	327.51	316.55	245.82	240.04	169.56	155.73
Interest Income	59.1	38.71	46.5	11.66	79.8	31.94
Interest Expense	-15.19	-13.33	-11.18	-8.62	-4.64	-2.5
Other Non-Operating Income (Expense)	45.97	8.43	-2.52	-5.24	64.47	5.89
Total Non-Operating Income (Expense)	89.88	33.81	32.81	-2.2	139.63	35.33
Pretax Income	421.34	362.28	281.66	242.61	313.68	193.2
Provision for Income Taxes	74.56	48.51	54.45	55.43	66.42	24.42
Net Income	233.51	217.42	140.86	109.12	145.99	98.02
Minority Interest in Earnings	113.36	96.35	86.35	78.07	101.27	70.76
Net Income to Common	233.51	217.42	140.86	109.12	145.99	98.02
Net Income Growth	8.47%	54.35%	29.09%	-25.25%	48.93%	61.15%
Shares Outstanding (Basic)	45	40	54	54	54	35
Shares Outstanding (Diluted)	54	40	54	54	54	35
Shares Change (YoY)	0.65%	-25.22%	0.38%	0.04%	53.87%	22.66%
EPS (Basic)	5.65	5.45	3.72	3.05	4.02	2.82
EPS (Diluted)	5.57	5.41	3.69	3.01	3.98	2.81
EPS Growth	2.77%	46.61%	22.59%	-24.37%	41.64%	30.70%
Free Cash Flow	353.68	288.66	109.78	221.84	161	169.52
Free Cash Flow Growth	22.52%	162.95%	-50.52%	37.79%	-5.03%	48.19%
Free Cash Flow Per Share	6.49	7.16	2.04	4.13	3.00	-
Dividends Per Share	2.110	1.960	1.780	1.600	1.400	1.250
Dividend Growth	7.65%	10.11%	11.25%	14.29%	12.00%	13.64%
Gross Margin	60.23%	61.50%	63.17%	62.48%	64.89%	60.10%
Operating Margin	42.80%	44.40%	44.38%	45.40%	46.09%	45.58%
Profit Margin	45.43%	44.01%	41.02%	35.40%	67.20%	49.41%
FCF Margin	46.33%	40.49%	19.82%	41.96%	43.76%	49.62%
EBITDA	336.42	325.84	254	247.48	175.06	159.86
EBITDA Margin	44.07%	45.70%	45.86%	46.81%	47.58%	46.79%
EBIT	327.51	316.55	245.82	240.04	169.56	155.73
EBIT Margin	42.80%	44.40%	44.38%	45.40%	46.09%	45.58%
Effective Tax Rate	17.70%	13.39%	19.33%	22.85%	21.18%	12.64%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q