Hamilton Lane Incorporated (NASDAQ:HLNE) reported a stronger-than-expected third quarter for fiscal 2026, with both earnings and revenue coming in ahead of market forecasts.
The private markets investment manager’s shares were marginally higher in premarket trading, rising 0.23% after the results were released.
For the quarter ended December 31, 2025, Hamilton Lane delivered adjusted earnings per share of $1.55, exceeding analyst expectations of $1.30 by a wide margin. Quarterly revenue reached $198.59 million, surpassing the consensus estimate of $195.39 million and representing a 7.3% year-on-year increase.
Assets under management and supervision totaled $1.0 trillion as of the quarter-end, including $146.1 billion in discretionary assets and $871.5 billion in non-discretionary assets.
“Our third quarter results demonstrate the continued strength of our business model and our ability to deliver value for clients across the private markets landscape,” said Mario Giannini, CEO of Hamilton Lane. “The growth in both our discretionary and non-discretionary platforms reflects the trust institutional and private wealth investors place in our specialized approach.”
Alongside the results, the company announced a quarterly dividend of $0.54 per Class A common share, payable on April 6, 2026, to shareholders on record as of March 20, 2026. The targeted full-year dividend of $2.16 represents a 10% increase compared with the prior fiscal year.
Hamilton Lane employs roughly 780 professionals across offices in North America, Europe, Asia Pacific and the Middle East, and has focused exclusively on private markets investing for more than three decades.