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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Revenues    
Total revenues $ 175,958 $ 196,731
Expenses    
Compensation and benefits 69,556 78,435
Total expenses 98,983 107,120
Other income (expense)    
Equity in income of investees 9,439 7,389
Non-operating gain, net 447 9,814
Consolidated Funds and Partnerships:    
Total other income (expense) 18,474 17,163
Income before income taxes 95,449 106,774
Income tax expense 18,379 19,687
Net income 77,070 87,087
Net income attributable to Hamilton Lane Incorporated 53,745 58,964
Class A Common Stock    
Consolidated Funds and Partnerships:    
Net income attributable to Hamilton Lane Incorporated $ 53,745 $ 58,964
Basic earnings per share of Class A common stock (in dollars per share) $ 1.30 $ 1.49
Diluted earnings per share of Class A common stock (in dollars per share) 1.28 1.47
Dividends declared per share of Class A common stock (in dollars per share) $ 0.54 $ 0.49
Consolidated entity, excluding VIE    
Expenses    
General, administrative and other $ 28,943 $ 28,373
Other income (expense)    
Interest expense (3,856) (2,947)
Interest income 2,794 765
Consolidated Funds and Partnerships    
Expenses    
General, administrative and other 484 312
Other income (expense)    
Interest income 240 17
Consolidated Funds and Partnerships:    
Equity in income of investees 871 928
Net gain 8,539 1,197
General Partnerships    
Consolidated Funds and Partnerships:    
Less: Income attributable to non-controlling interests 142 346
Hamilton Lane Advisors, L.L.C.    
Consolidated Funds and Partnerships:    
Less: Income attributable to non-controlling interests 21,721 27,645
Consolidated Funds    
Consolidated Funds and Partnerships:    
Less: Income attributable to non-controlling interests 1,462 132
Management and advisory fees    
Revenues    
Total revenues 133,696 139,962
Incentive fees | Consolidated entity, excluding VIE    
Revenues    
Total revenues $ 42,262 $ 56,769