For the year ending 2026-03-31, HLNE had $88,300K increase in cash & cash equivalents over the period. $419,073K in free cash flow.
| Cash Flow | 2026-03-31 |
|---|---|
| Net income | 387,720 |
| Depreciation and amortization | 9,878 |
| Change in deferred income taxes | -28,424 |
| Change in payable to related parties pursuant to tax receivable agreement | -3,503 |
| Equity-based compensation | 50,867 |
| Equitybased consideration payable to customer | 281 |
| Equity in income of investees | 51,923 |
| Net realized (gain) loss on sale of investments | 0 |
| Net gain on investments | 413 |
| Proceeds received from funds | 35,102 |
| Non-cash lease expense | 9,570 |
| Other | 2,866 |
| Fees receivable | -29,587 |
| Prepaid expenses | 2,525 |
| Due from related parties | 7,614 |
| Other assets | 608 |
| Accounts payable | 190 |
| Accrued compensation and benefits | 35,598 |
| Lease liability | -9,518 |
| Other liabilities | -7,254 |
| Cash relinquished from deconsolidation of fund-Variable Interest Entity Primary Beneficiary | 0 |
| Net gain on investments-Consolidated Funds And Partnerships | 84,758 |
| Equity in income of investees-Consolidated Funds And Partnerships | 1,509 |
| Change in other assets and liabilities-Consolidated Funds And Partnerships | -4,459 |
| Net cash provided by operating activities | 424,917 |
| Purchase of furniture, fixtures and equipment | 5,844 |
| Purchase of investments | 15,000 |
| Proceeds from sale of investments | 0 |
| Net proceeds from sale of consolidated fund | 22,135 |
| Proceeds from sale of intangible assets | 0 |
| Distributions received from funds | 12,014 |
| Contributions to funds | 96,739 |
| Purchase of investments | 434,835 |
| Distributions received from investments | 23,447 |
| Cash from consolidating funds | 0 |
| Net cash used in investing activities | -494,822 |
| Proceeds from offering | 55,484 |
| Purchase of membership interests | 55,484 |
| Borrowings of debt, net of deferred financing costs | 0 |
| Repayments of long term debt | 12,500 |
| Draw-down of revolver | 0 |
| Repayment of revolver | 0 |
| Repurchase of class b common stock-Common Class A | 19,986 |
| Repurchase of class b common stock-Common Class B | 0 |
| Repurchase of class a common stock for employee tax withholding | 4,613 |
| Proceeds received from issuance of shares under employee share purchase plan | 3,124 |
| Payments to related parties pursuant to the tax receivable agreement | 12,000 |
| Dividends paid | 87,711 |
| Members distributions paid | 54,125 |
| Contributions from non-controlling interests in consolidated funds and partnerships-Consolidated Funds And Partnerships | 344,176 |
| Distributions to non-controlling interests in consolidated funds and partnerships-Consolidated Funds And Partnerships | 588 |
| Net cash provided by (used in) financing activities | 155,777 |
| Effect of exchange rate changes on cash and cash equivalents | 2,428 |
| Increase in cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated funds and partnerships | 88,300 |
| Cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated funds and partnerships at beginning of the year | 283,604 |
| Cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated funds and partnerships at end of the year | 371,904 |
Hamilton Lane INC (HLNE)
Hamilton Lane INC (HLNE)