Hamilton Lane HLNE
NASDAQ HLNE
$98.88 -2.29 (-2.26%)
As of: Sep 9, 2026 · 3:59 PM EDT

Hamilton Lane (HLNE) Operating Expenses (2016 - 2026)

Hamilton Lane (HLNE) posted Operating Expenses of $148.9 million for Q2 2026, up 33.72% on a QoQ basis from $111.3 million in Q1 2026, and up 50.39% year-over-year from $99.0 million in Q2 2025.

Analysis

Hamilton Lane (HLNE) Operating Expenses (2016 - 2026) Analysis & Trends

Hamilton Lane has reported Operating Expenses for 11 years, with the latest figure at $148.9 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 50.39% year-over-year to $148.9 million in Q2 2026; TTM through Jun 2026 was $483.9 million, a 24.64% increase from a year earlier, with the FY2026 full-year figure at $434.0 million, up 9.49% from the prior year.
  • Operating Expenses was $148.9 million for Q2 2026 at Hamilton Lane, up from $111.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $148.9 million in Q2 2026, with the low at $54.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $90.6 million, with a median of $88.0 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 68.77% in 2022, then slipped 14.69% in 2023.
  • Over 5 years, Operating Expenses stood at $68.7 million in 2022, then increased by 7.52% to $73.9 million in 2023, then advanced by 25.27% to $92.5 million in 2024, then climbed by 21.66% to $112.6 million in 2025, then jumped by 32.22% to $148.9 million in 2026.
  • The last three Operating Expenses figures came in at $148.9 million (Q2 2026), $111.3 million (Q1 2026), and $112.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Blackstone 103.57 Bn 101.06 Bn - 2.38 Bn
2 Kkr 93.46 Bn -183.61 Bn - 5.41 Bn
3 Apollo Global Management 77.60 Bn 52.22 Bn 10.54 Bn 8.74 Bn
4 Brookfield Asset Management 76.45 Bn 74.94 Bn - 659.00 Mn
5 Wheaton Precious Metals 71.34 Bn 71.24 Bn 687.86 Mn 133.83 Mn
6 Franco Nevada 51.21 Bn 49.67 Bn 451.00 Mn 5.30 Mn
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn -14.94 Bn
8 Ares Management 30.49 Bn 30.49 Bn - 1.18 Bn
9 Carlyle 15.82 Bn 14.57 Bn - 875.90 Mn
10 Hamilton Lane 4.12 Bn 3.78 Bn - 148.86 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 148.86 Mn
Mar 31, 2026 111.32 Mn
Dec 31, 2025 112.58 Mn
Sep 30, 2025 111.17 Mn
Jun 30, 2025 98.98 Mn
Mar 31, 2025 113.94 Mn
Dec 31, 2024 92.54 Mn
Sep 30, 2024 82.81 Mn
Jun 30, 2024 107.12 Mn
Mar 31, 2024 92.78 Mn
Dec 31, 2023 73.87 Mn
Sep 30, 2023 71.28 Mn
Jun 30, 2023 70.10 Mn
Mar 31, 2023 63.47 Mn
Dec 31, 2022 68.70 Mn
Sep 30, 2022 83.56 Mn
Jun 30, 2022 72.98 Mn
Mar 31, 2022 54.63 Mn
Dec 31, 2021 50.66 Mn
Sep 30, 2021 49.82 Mn