Hamilton Lane Inc. reported its financial results for the third quarter (Q3) and nine months (9M) ended December 31, 2025. For Q3, management and advisory fees totaled USD 153.18 million. Net income attributable to shareholders for Q3 was USD 58.37 million, with diluted earnings per share of Class A common stock at USD 1.37, representing a 4 percent increase. Adjusted net income for Q3 reached USD 84.5 million and non-GAAP earnings per share were USD 1.55. For the nine months ended December 31, 2025, management and advisory fees were USD 429.00 million, reflecting an 11 percent increase. Net income attributable to shareholders for the period was USD 183.01 million, increasing by 10 percent. Diluted earnings per share of Class A common stock for the nine months was USD 4.35, up 5 percent. Adjusted net income for the nine-month period was USD 240.1 million, with non-GAAP earnings per share at USD 4.41, an increase of 15 percent. Fee Related Earnings for the nine months rose 37 percent to USD 254.6 million, and Adjusted EBITDA was USD 304.1 million, a 15 percent increase. Hamilton Lane declared a quarterly dividend of USD 0.54 per share of Class A common stock, payable to shareholders of record as of March 20, 2026. The company reported that Fee Related Earnings increased 37 percent compared to the nine months ended December 31, 2024.
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