Hamilton Lane Cash Flow Statement
NASDAQ: HLNEFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hamilton Lane free cash flow
In fiscal 2026, Hamilton Lane generated $424.9 million of operating cash flow and spent $5.8 million on capital expenditures. That left free cash flow of $419.1 million, a free-cash-flow margin of 55.2% of revenue. Free cash flow was up 45.2% from the prior year's $288.7 million.
Hamilton Lane returned $87.7 million to shareholders through dividends, equal to 21% of free cash flow. Free cash flow covered dividend payments 4.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Hamilton Lane cash flow statement (annual)
| Fiscal year (USD) | FY 20262026-03-31 | FY 20252025-03-31 | FY 20242024-03-31 | FY 20232023-03-31 | FY 20222022-03-31 | FY 20212021-03-31 | FY 20202020-03-31 | FY 20192019-03-31 | FY 20182018-03-31 | FY 20172017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 387.72M | 313.77M | 227.21M | 187.19M | 247.25M | 168.78M | 126.78M | 99.00M | 106.30M | 74.44M |
| Net Income growth (YoY) | +23.57% | +38.10% | +21.38% | -24.29% | +46.49% | +33.14% | +28.06% | -6.87% | +42.80% | +33.28% |
| Depreciation & Amortization | 9.88M | 9.29M | 8.19M | 7.44M | 5.50M | 4.13M | 3.29M | 2.98M | 1.89M | 1.92M |
| Stock-Based Compensation | 50.87M | 31.41M | 12.13M | 9.95M | 7.40M | 7.08M | 7.18M | 6.38M | 5.54M | 4.68M |
| Change in Working Capital | -7.67M | 20.02M | 17.79M | -18.20M | 12.98M | 9.66M | -1.67M | -1.91M | -37.73M | 692.00K |
| Operating Cash Flow | 424.92M | 300.82M | 120.85M | 226.59M | 169.52M | 188.16M | 116.37M | 111.62M | 96.69M | 81.68M |
| Capital Expenditures | -5.84M | -12.16M | -11.07M | -4.75M | -8.53M | -18.64M | -1.98M | -5.37M | -2.25M | -1.27M |
| Investing Cash Flow | -494.82M | -117.58M | -122.18M | 177.91M | -70.49M | -421.78M | -49.90M | -19.21M | -21.77M | -16.71M |
| Dividends Paid | -87.71M | -76.00M | -65.41M | -72.41M | -49.63M | -39.68M | -29.07M | -18.68M | -9.51M | 0 |
| Share Repurchases | — | -2.00K | -2.00K | 0 | -1.00K | -5.00K | -2.00K | -2.00K | -2.00K | — |
| Debt Issued | — | — | 0 | 31.68M | 24.93M | 75.00M | 74.77M | 0 | 74.62M | 0 |
| Debt Repaid | -12.50M | -3.75M | -2.50M | -4.50M | -1.84M | -1.41M | -71.25M | -2.81M | -87.04M | -162.60M |
| Financing Cash Flow | 155.78M | -19.16M | 4.40M | -364.15M | -113.22M | 270.66M | -64.71M | -90.21M | -59.67M | -101.21M |
| Net Change in Cash | 88.30M | 163.99M | 3.07M | 40.35M | -14.18M | 37.17M | 1.62M | 2.21M | 15.25M | -36.25M |
| Free Cash Flow | 419.07M | 288.66M | 109.78M | 221.84M | 161.00M | 169.52M | 114.39M | 106.26M | 94.44M | 80.40M |
This table shows 10 annual periods of Hamilton Lane's cash flow statement, from FY 2026 back to FY 2017, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow HLNE's reporting calendar. What is a cash flow statement?