NASDAQ$HLNE

Hamilton Lane Incorporated · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Hamilton Lane reported second quarter fiscal year 2025 results, highlighted by growth in management and advisory fees and assets under management.

Hamilton Lane reported a successful second quarter in fiscal year 2025, marked by steady growth in its core business. Total assets under management reached $131.4 billion, a 10% increase year-over-year, and management and advisory fees grew by 10% compared to the prior year period. The company's GAAP EPS was $1.37, with a GAAP net income of $55.0 million.

  • Total assets under management reached $131.4 billion, growing by $12.2 billion year-over-year.
  • Management and advisory fees for the quarter were $119.8 million, representing a 10% increase year-over-year.
  • GAAP EPS was reported at $1.37, based on a GAAP net income of $55.0 million for the quarter.
  • A quarterly dividend of $0.49 per share of Class A common stock was declared.

Headline financials

Total Revenue

$150M

Previous: $127M+18.2%
EPS (adj)

$1.07

Previous: $0.89+20.2%
Capital Expenditures

-$3.08M

Previous: -$6.28M+50.9%
Free Cash Flow

$51.9M

Previous: $35.7M+45.3%
Net Income

$55M

Previous: $42M+30.9%
Operating Income

-$82.8M

Previous: -$71.3M-16.2%
Total Assets

$1.42B

Previous: $1.36B+4.8%

Revenue & EPS history

Hamilton Lane · Revenue · Quarterly

$150M

Q2 2025+18.2%vs Q2 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Hamilton Lane · $127M total across 2 segments · Q2 2024

  • Management and Advisory Fees
    $109M+17.6%
  • Incentive Fees
    $17.7M-70.1%

Forward guidance

The document does not contain specific forward guidance for the next quarter or fiscal year. Therefore, no positives or negatives can be extracted.

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 2025

Historical avgQ2 2025

+1.2%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+1.4%

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+3.1%
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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