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

Hamilton Lane has reported Operating Expenses for 11 years, with the latest figure at $111.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 2.3% year-over-year to $111.3 million; the trailing twelve-month figure through Mar 2026 stood at $434.0 million (up 9.5% YoY), and the FY2026 full-year result was $434.0 million, up 9.49% from the prior year.
• Operating Expenses for Q1 2026 stood at $111.3 million, down from $112.6 million in the prior quarter.
• The five-year high for Operating Expenses was $113.9 million in Q1 2025, with the low at $54.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $87.2 million across 5 years, with a median of $83.6 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 68.77% — and 2023, when it decreased 14.69%.
• Hamilton Lane's Operating Expenses stood at $68.7 million in 2022, then climbed by 7.52% to $73.9 million in 2023, then rose by 25.27% to $92.5 million in 2024, then gained by 21.66% to $112.6 million in 2025, then retreated by 1.12% to $111.3 million in 2026.
• The last three Operating Expenses figures came in at $111.3 million (Q1 2026), $112.6 million (Q4 2025), and $111.2 million (Q3 2025), per Business Quant data.