Hamilton Lane (HLNE) Operating Expenses (2016 - 2026)
Hamilton Lane (HLNE) posted quarterly Operating Expenses of $111.3 million for Q1 2026, down 2.3% year-over-year from $113.9 million in Q1 2025, and down 1.12% quarter-over-quarter from $112.6 million in Q4 2025.
Hamilton Lane (HLNE) Operating Expenses (2016 - 2026) Analysis & Trends
Hamilton Lane's Operating Expenses history runs 11 years deep, the most recent figure standing at $111.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 2.3% year-over-year to $111.3 million; the TTM figure through Mar 2026 stood at $434.0 million (up 9.5% YoY), while the FY2026 annual figure 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.
- The 5-year median for Operating Expenses is $83.6 million (2022), against an average of $87.2 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 68.77% in 2022, then retreated 14.69% in 2023.
- 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.
- Business Quant data shows HLNE's Operating Expenses at $111.3 million in Q1 2026, $112.6 million in Q4 2025, and $111.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Hamilton Lane | 4.33 Bn | 3.99 Bn | - | 148.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |