Hamilton Lane (HLNE) Q1 EPS Falls 13%
Hamilton Lane (NASDAQ:HLNE), a leading private markets investment manager with both discretionary and advisory assets, released its fiscal first quarter 2026 results on August 5, 2025. The main headlines: Non-GAAP EPS was $1.31 in Q1 FY2026 (below the $1.34 non-GAAP consensus estimate), while Reported GAAP revenue fell short of expectations, landing at $175.958 million versus the $186.65 million analysts had projected. The company reported a 13% year-over-year drop in GAAP EPS. Management flagged continued growth in key asset metrics and strong Fee Related Earnings as bright spots. Overall, the quarter saw mixed signals: steady long-term progress on assets under management, but unpredictable incentive fee flows and softer topline (GAAP revenue) compared to estimates.
Source: Analyst estimates for the quarter provided by FactSet.
Hamilton Lane is an investment manager and adviser with a specialty in private markets. It serves over 2,300 institutions and intermediaries, including pension funds, sovereign wealth funds, and high-net-worth individuals. Its business centers on managing discretionary assets (it makes investment decisions for the client) and providing advice on non-discretionary assets (the client retains investment control).
Source Fool.com