Hamilton Lane reported second-quarter 2026 results with revenue rising to $275.3M and diluted EPS of $1.93, reflecting higher management and incentive fees and stronger client inflows compared with the year-ago quarter.
Financial Highlights
- Revenue was $275.3M, compared with $176M in the prior-year quarter; YoY change 56.5%.
- Net income was $80.5M, compared with $53.7M in the prior-year quarter; YoY change 49.9%.
- Diluted EPS was $1.93, compared with $1.28 in the prior-year quarter; YoY change 50.8%.
Business Highlights
- Total revenues rose $99.4M year over year, driven by higher management and advisory fees and a $71.7M increase in incentive fees.
- Growth was led by specialized funds including evergreen, direct equity, infrastructure and venture, alongside steady customized separate account flows.
- Fee-earning AUM grew by $2.2B during the quarter, supported by Cobalt LP subscriptions and increased evergreen fund inflows.
- The company repurchased approximately 558.6K Class A shares under its repurchase program and expanded evergreen offerings to support strategic capital deployment.
Original SEC Filing:
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