← Hamilton Lane INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $32.3m | $47.6m | $49.4m | $50.1m | $87.0m | $72.2m | $111.7m | $114.6m | $277.3m | $363.9m | |
| Fees receivable | $12.1m | $14.9m | $20.3m | $30.4m | $29.2m | $51.9m | $47.1m | $108.3m | $181.4m | $151.8m | |
| Prepaid expenses | $2.6m | $2.3m | $4.7m | $7.0m | $6.1m | $6.9m | $9.8m | $11.1m | $11.3m | $13.8m | |
| Payable to related parties pursuant to tax receivable agreement | $10.7m | $34.1m | $69.6m | $99.0m | $194.8m | $180.5m | $174.7m | $201.4m | $240.6m | $235.4m | |
| Lease right-of-use assets, net | — | — | — | $9.6m | $64.4m | $65.6m | $62.3m | $62.4m | $61.4m | $61.4m | |
| Other assets | $3.0m | $8.5m | $11.0m | $17.7m | $17.8m | $28.8m | $47.2m | $34.5m | $29.3m | $63.0m | |
| Restricted cash | $1.8m | $1.8m | $2.2m | $3.1m | $3.0m | $280.0m | $4.8m | $5.0m | $6.3m | $8.0m | |
| Due from related parties | $3.3m | $3.2m | $2.6m | $2.6m | $2.5m | $1.9m | $7.2m | $8.2m | $16.2m | $23.8m | |
| Furniture, fixtures and equipment, net | $4.1m | $4.8m | $8.1m | $7.4m | $23.3m | $28.8m | $28.4m | $33.0m | $37.6m | $35.0m | |
| Investments | $120.1m | $137.3m | $154.5m | $207.7m | $368.8m | $513.8m | $530.9m | $603.7m | $664.4m | $774.4m | |
| Deferred income taxes | $61.2m | $73.4m | $107.7m | $137.9m | $251.9m | $245.0m | $233.9m | $261.9m | $308.5m | $293.1m | |
| Debt | $84.3m | $84.2m | $71.0m | $74.5m | $163.2m | $171.3m | $213.5m | $196.2m | $290.3m | $278.4m | |
| Lease liabilities | — | — | — | $10.2m | $75.3m | $82.2m | $78.8m | $79.0m | $78.0m | $78.1m | |
| Other liabilities (includes $0 and $12,190 at fair value) | $6.6m | $7.7m | $9.0m | $22.1m | $36.1m | $73.0m | $39.8m | $36.7m | $56.4m | $64.4m | |
| Subscriptions in advance | — | — | — | — | — | — | — | — | $0 | $111.1m | |
| Non-controlling interests | $26.6m | $57.6m | $59.5m | $82.6m | $76.1m | $114.6m | $158.7m | $150.8m | $206.6m | $551.3m | |
| Total Hamilton Lane Incorporated stockholders’ equity | $60.0m | $78.4m | $110.2m | $154.8m | $238.1m | $346.9m | $415.4m | $525.2m | $717.3m | $915.2m | |
| Total equity | $86.6m | $136.1m | $169.7m | $237.4m | $314.2m | $461.5m | $574.2m | $676.0m | $923.9m | $1.5b | |
| Total assets | $240.6m | $293.8m | $360.6m | $473.5m | $1.1b | $1.3b | $1.1b | $1.3b | $1.7b | $2.3b | |
| Accounts payable | $1.4m | $1.7m | $2.6m | $2.0m | $2.2m | $2.8m | $4.6m | $4.5m | $5.5m | $5.7m | |
| Accrued compensation and benefits | $3.4m | $8.1m | $12.2m | $10.8m | $29.4m | $20.1m | $24.2m | $36.0m | $48.6m | $84.2m | |
| Accrued members’ distributions | $2.4m | $11.8m | $17.1m | $5.8m | $16.9m | $27.1m | $15.7m | $23.8m | $26.8m | $27.1m | |
| Accrued dividend | $0 | $3.9m | $5.7m | $8.0m | $11.2m | $12.9m | $15.0m | $17.6m | $20.2m | $22.5m | |
| Total liabilities | $154.0m | $157.7m | $190.9m | $236.1m | $546.3m | $557.5m | $566.4m | $595.2m | $766.5m | $838.4m | |
| Common stock | $47k | $48k | $51k | $52k | $53k | $53k | $54k | $55k | $55k | $56k | |
| Additional paid-in-capital | $61.8m | $73.8m | $92.5m | $107.7m | $150.6m | $161.7m | $171.6m | $208.4m | $261.9m | $299.3m | |
| Accumulated other comprehensive income (loss) | ($311k) | $0 | $7k | ($78k) | $0 | — | — | $0 | ($141k) | $1.2m | |
| Retained earnings | $612k | $4.5m | $17.7m | $47.1m | $87.5m | $185.1m | $243.8m | $316.7m | $455.5m | $614.7m | |
| Total liabilities and equity | $240.6m | $293.8m | $360.6m | $473.5m | $1.1b | $1.3b | $1.1b | $1.3b | $1.7b | $2.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.