NASDAQ$HLNE

Hamilton Lane Incorporated · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Hamilton Lane reported Q2 2022 results, with management and advisory fees increasing and assets under management growing.

Hamilton Lane Incorporated reported strong second quarter fiscal 2022 results, marked by a 32% year-over-year growth in total assets under management, reaching $96 billion, and a 14% increase in fee-earning assets under management, totaling $45 billion. Management and advisory fees grew by 14% compared to the prior year period, amounting to $75.9 million. GAAP EPS was $1.41, with GAAP net income at $52.1 million.

  • Total assets under management grew 32% year-over-year to $96 billion.
  • Fee-earning assets under management increased 14% year-over-year to $45 billion.
  • Management and advisory fees increased 14% year-over-year to $75.9 million.
  • GAAP EPS was $1.41, with GAAP net income at $52.1 million.

Headline financials

Total Revenue

$96.3M

Previous: $84.4M+14.1%
EPS (adj)

$1.38

Previous: $0.78+76.9%
Fee-Earning AUM

45.0B

No prior period
Assets Under Management

96.0B

Previous: 73.0B+31.5%
Capital Expenditures

-$6.68M

Previous: -$2.15M-211.2%
Free Cash Flow

$45.5M

Previous: $19.7M+131.2%
Net Income

$52.1M

Previous: $21.8M+139.1%
Operating Income

-$49.8M

Previous: -$46.1M-8.0%
Total Assets

$1.23B

Previous: $608M+102.9%

Revenue & EPS history

Hamilton Lane · Revenue · Quarterly

$96.3M

Q2 2022+14.1%vs Q2 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Hamilton Lane · $97.3M total across 2 segments · Q2 2022

  • Management and Advisory Fees
    $75.9M+14.4%
  • Incentive Fees
    $21.4M+18.3%

Forward guidance

Values appearing in this presentation that are whole numbers are rounded approximations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+1.2%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+1.3%

Avg return

30 days after

62%

23 / 37 earnings

Positive

+12.4%

Q2 2018

Best reaction

-11.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+4.0%+6.0%-3.4%
Q3 2026+0.3%-6.8%-22.2%
Q2 2026+6.5%+14.0%+7.3%
Q1 2026+3.8%+2.4%-2.6%
Q4 2025-11.0%-14.8%-17.9%
Q3 2025+2.2%+5.8%-6.6%
Q2 2025+5.1%+11.9%+0.7%
Q1 2025+4.3%+8.6%+17.5%
Q4 2024+6.5%+9.1%-1.4%
Q3 2024-4.1%-2.7%-8.6%
Q2 2024+1.1%+1.1%+13.7%
Q1 2024+2.4%+3.5%+4.9%
Q4 2023-0.7%+0.7%+13.5%
Q3 2023-0.6%-1.8%-6.8%
Q2 2023+6.8%+9.1%+21.8%
Q1 2023-2.5%-2.9%-9.5%
Q4 2022+5.1%+4.0%+5.7%
Q3 2022-1.1%-5.8%-13.2%
Q2 2022+4.6%+5.2%+0.3%
Q1 2022-7.9%-0.8%-6.5%
Q4 2021-3.7%-5.0%-3.6%
Q3 2021+0.2%+6.6%+8.2%
Q2 2021-2.5%-2.6%-2.7%
Q1 2021-0.2%-0.0%-6.1%
Q4 2020+1.1%+1.5%-12.2%
Q3 2020+2.4%+5.7%-4.5%
Q2 2020-8.9%-8.4%-4.7%
Q1 2020-3.0%-1.0%+12.3%
Q4 2019-1.6%+1.6%+15.8%
Q3 2019+12.0%+14.5%+21.8%
Q2 2019+8.1%+5.1%+0.1%
Q1 2019-2.9%-3.8%+0.6%
Q4 2018+0.4%-2.9%+1.2%
Q3 2018+3.3%-2.6%-0.2%
Q2 2018+12.4%+13.3%+24.3%
Q1 2018+1.8%+1.6%+3.2%
Q4 2017+0.9%+2.6%+6.7%
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2015
Q2 2015
Q1 2015

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