)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Hamilton Lane
Hamilton Lane (HLNE) investor relations material
Hamilton Lane Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary3 Nov, 2026
Executive summary
Q2 FY27 revenue was $204.4M, up 7% YoY; H1 revenue reached $479.8M, up 31%.
H1 Fee Related Earnings (FRE) rose 34% to $215.2M; adjusted net income increased 35% to $210.7M and Adjusted EBITDA rose 35% to $265.9M.
At September 30, 2026, AUM was $150.8B, AUA was $929.1B and fee-earning AUM was $85.9B, up 12% YoY.
Hartley Rogers became Co-CEO alongside Juan Delgado-Moreira, Erik Hirsch became Executive Co-Chair, and Mario Giannini is retiring effective March 31, 2027.
Financial highlights
H1 management and advisory fees rose 18% to $325.4M; incentive fees increased 70% to $154.4M, led by evergreen-related performance fees.
H1 GAAP net income was $273.8M; net income attributable to shareholders was $157.9M, up 27%. GAAP diluted EPS was $3.80 and non-GAAP EPS was $3.91.
Q2 FRE was $90.8M, up 18%; adjusted net income was $106.1M, up 26%, and Adjusted EBITDA was $111.7M, up 11%.
Q2 operating expenses were $118.1M versus $111.2M; H1 expenses were $267.0M versus $210.1M, reflecting higher compensation and administrative costs.
Unrealized carried interest was $1.59B across 127 vehicles at September 30, 2026, up from $1.43B across 122 vehicles a year earlier.
Outlook and guidance
Annual FRE margin is expected to remain in the low 50s; quarterly margins may fluctuate with fee-related performance revenue.
FY27 dividend target is $2.40 per share, an 11% increase over FY26; the quarterly dividend declared was $0.60 per share.
Several flagship funds are in market or expected to return near term; growth areas include real estate, expanded credit, secondaries and equity co-investments.
Seeded vehicles are expected to be deconsolidated over the next several quarters as outside capital scales alongside seed capital.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Hamilton Lane
- $1.1T assets, 56% revenue growth, and 11% dividend increase highlight strong performance.HLNE
Q1 2027 - Shareholders will vote on director elections, executive pay, and auditor ratification at the 2026 annual meeting.HLNEProxy filing
- Virtual annual meeting to elect directors, approve pay, and ratify auditor, with online voting.HLNEProxy filing
- Asset footprint hits $1T, AUM grows, earnings and dividend rise, and buyback expands.HLNEQ4 2026
- Asset footprint exceeded $1T, with double-digit growth in AUM, revenue, and earnings.HLNEQ3 2026
- Net income surged 90% on 33% fee growth, record AUM, and a 10% dividend guidance increase.HLNEQ1 2025
- AUM up 10% to $131.4B, revenue up 38%, and dividend target raised 10%.HLNEQ2 2025
- Rapid AUM growth, product innovation, and technology investment drive strong margins and expansion.HLNEShareholder Day 2024
- AUM up 11% to $138B, revenues up 29%, net income up 54%, and dividend up 10%.HLNEQ4 2025
Next Hamilton Lane earnings date
Q3 20272 Feb, 2027
Hamilton Lane
Next Hamilton Lane earnings date
Q3 20272 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Hamilton Lane is a leading private markets investment management firm providing innovative solutions and striving to be the premier source of intelligence, insight and expertise for our clients. We invest in private equity, real estate, credit/debt and infrastructure across the globe on behalf of our clients – including large public pensions, corporate and sovereign wealth funds, insurance companies, foundations and endowments, as well as family offices and high-net-worth individuals.