Hamilton Lane Q3 Earnings Call Highlights

8 hours ago 1

MarketBeat

Tue, February 3, 2026 astatine 11:38 AM CST 8 min read

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Hamilton Lane ended the 4th with a total plus footprint of implicit $1 trillion (AUM $146 billion, AUA $871 billion) and reported fiscal YTD fee-related gross of $507 million (+31%) and fee-related net of $254.6 million (+37%), portion declaring a $0.54 quarterly dividend and targeting $2.16 for FY26.
The strategical concern with Guardian has closed: Hamilton Lane volition oversee nearly $5 billion of Guardian’s backstage equity portfolio, expects ~$500 million of yearly commitments for astatine slightest 10 years (including ≥$250 million into Evergreen), with archetypal economical impacts expected successful fiscal Q4 2026 and warrant dilution nether 1%.
Growth is being driven by specialized funds and Evergreen—fee-earning AUM roseate to $79.1 cardinal (+11%), specialized money fee-earning AUM reached $38.1 cardinal (+22%), and Evergreen surpassed $16 billion of AUM with >$1.2 cardinal of nett inflows this quarter, helping assistance the blended interest complaint to 67 bps.
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Hamilton Lane (NASDAQ:HLNE) highlighted year-to-date maturation successful assets, fee-related results, and momentum successful its semi-liquid Evergreen level during its fiscal third-quarter 2026 net call, portion besides providing updates connected fundraising, a recently closed strategical concern with Guardian, and merchandise positioning successful the wealthiness channel.

Management said the steadfast ended the 4th with a total plus footprint of implicit $1 trillion, up 6% year-over-year. Assets nether absorption (AUM) were $146 billion, up $11 billion, oregon 8%, driven by some specialized funds and customized abstracted accounts. Assets nether advisement (AUA) totaled $871 billion, up $50 billion, oregon 6%, which the institution attributed chiefly to marketplace worth maturation and the summation of exertion solutions and back-office mandates.

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For fiscal year-to-date 2026, Hamilton Lane reported:

Management and advisory fees up 11% year-over-year.
Total fee-related gross of $507 million, up 31% year-over-year, reflecting absorption fees positive fee-related show revenue.
Fee-related net (FRE) of $254.6 million year-to-date, up 37% year-over-year, with a 50% FRE margin versus 48% successful the anterior twelvemonth period.
GAAP EPS of $4.35 connected $183 cardinal of GAAP nett income and non-GAAP EPS of $4.41 connected $240.1 cardinal of adjusted nett income.

The institution besides declared a $0.54 per stock quarterly dividend, which absorption said keeps it connected way for a targeted $2.16 per stock for fiscal twelvemonth 2026, representing a planned 10% summation implicit the anterior fiscal year.