Hamilton Lane FY profit rises 15% on strong management fees

Hamilton Lane (NASDAQ:HLNE) reported solid growth for its fourth fiscal quarter and full fiscal year ended March 31, 2026, driven by an expansion in its recurring management and advisory fee streams.

The Conshohocken, Pennsylvania-based private markets investment firm posted full-year fiscal 2026 total revenue of $759 million, representing a 6% increase compared to the prior fiscal year.

The primary catalyst for the revenue growth was a 14% increase in management and advisory fees, which reached $584.2 million.

Underlying profitability metrics outpaced total revenue expansion due to a favorable shift toward higher-margin business segments.

Hamilton Lane reported that its Fee Related Earnings jumped 25% year-over-year to $344.5 million.

Concurrently, ajusted EBITDA grew 11% to finish the fiscal year at $407.6 million.

Net income attributable to the company rose 15% to $249.2 million for the full fiscal year.

On a per-share basis, the firm reported GAAP diluted earnings per share of $5.92 and non-GAAP adjusted earnings per share of $5.90, reflecting high single to mid-teens percentage gains across both metrics.

Supported by the strong cash generation from fee-earning assets under management, Hamilton Lane's board declared an increase to its quarterly dividend, setting it at $0.60 per share.

The company also expanded its authorized share repurchase program by $100 million to continue returning capital to shareholders.