Alternative investment management firm Hamilton Lane (NASDAQ: HLNE) fell short of the market’s revenue expectations in calendar Q3 2026 (fiscal Q2 2027), but revenue rose 7.1% year on year to $204.4 million. Its non-GAAP profit of $1.98 per share was 18.2% above analysts’ consensus estimates.
For more on Hamilton Lane, read our free full research report.
Hamilton Lane (HLNE) Q3 CY2026 highlights:
- Assets under management $150.8 billion (4% year-on-year growth)
- Management fees $148.9 million (4.8% year-on-year growth)
- Revenue $204.4 million vs S&P analysts’ consensus estimates of $215.9 million (7.1% year-on-year growth, 5.3% miss)
- Pre-tax profit $178.6 million (87.4% margin)
- Adjusted EPS $1.98 vs S&P analysts’ consensus estimates of $1.67 (18.2% beat)
- Market capitalization $3.76 billion
Revenue growth
A company’s long-term revenue performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones sustain growth for years. Hamilton Lane’s revenue grew at a strong 19.2% compounded annual growth rate over the last five years. Its growth surpassed the average financials company and shows its offerings resonate with customers.
Long-term growth matters most, but within financials, a half-decade historical view may miss recent interest rate changes, market returns and industry trends. Hamilton Lane’s annualized revenue growth of 15.9% over the last two years is below its five-year trend, but the results still suggest healthy demand.
Note: Quarters not shown were determined to be outliers because they were impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, Hamilton Lane’s revenue grew by 7.1% year on year to $204.4 million, missing Wall Street’s consensus estimates.
Key takeaways from Hamilton Lane’s Q3 results
Hamilton Lane delivered EPS that topped Wall Street’s consensus. But revenue missed expectations, making this a mixed quarter overall. Shares remained flat at $87.83 immediately after the results.
Is Hamilton Lane a buy? The latest quarter matters, but not as much as longer-term business quality and valuation when deciding whether to invest in the stock. For more on Hamilton Lane, read our full research report here (it’s free).
