HLNE — what changed in the latest 10-Q
A section-by-section comparison of HLNE's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-11-03 vs the prior 10-Q · 2026-08-04
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +60 | −37 | ~38 | 73 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~5 | 7 |
| Controls & procedures | Text added/removed | 0 | 0 | ~5 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +4 | −1 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-11-03
On October 8, 2026, we sold our interests in a technology investment for $30.8 million in cash, recognizing a realized gain of $17.1 million.
by us, have commitments as well as interest income, net gain on investments and interest expense on consolidated funds.
The following table shows our total revenues (excluding consolidated funds (“Consolidated Funds”) and general partner entities that are not wholly-owned (“Partnerships”)):
Three months ended September 30, 2026 compared to three months ended September 30, 2025
Total revenues increased $17.8 million for the three months ended September 30, 2026 compared to the three months ended September 30, 2025, due to an increase in management and advisory fees, partially offset by a decrease in incentive fees.
Text removed vs the prior filing · source: 10-Q · 2026-08-04
During the three months ended June 30, 2026, we repurchased 558,591 shares of our Class A common stock under the Stock Repurchase Program (as defined below) at a weighted-average price of $89.51 per share, for an aggregate purchase price of approximately $50.0 million under the Stock Repurchase Prog…
customized separate accounts to the extent that assets in the accounts are invested in our specialized funds so that our clients do not pay duplicate fees.
this amount would be included as deferred incentive fee revenue on our Condensed Consolidated Balance Sheets and recognized as income in accordance with our revenue recognition policy.
Net income attributable to Hamilton Lane Incorporated$80,461 $53,745
Diluted earnings per share of Class A common stock$1.93 $1.28
Other information
Text added vs the prior filing · source: 10-Q · 2026-11-03
As previously disclosed, on October 12, 2026, our board of directors appointed Hartley R. Rogers as the Company’s Co-Chief Executive Officer (“Co-CEO”) to serve alongside Juan Delgado-Moreira. Mr. Rogers will also continue to serve as Chairman of the Board, but will no longer serve as an Executive C…
In connection with the foregoing leadership transition, the Company entered into a side letter (the “Side Letter”) with Mr. Hirsch on October 28, 2026, reflecting the following changes to Mr. Hirsch’s compensation arrangements, as approved by our board of directors: (1) in the event of Mr. Hirsch’s …
The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Side Letter, which is filed as Exhibit 10.1 to this Form 10-Q and is incorporated herein by reference.
During the three months ended September 30, 2026, none of our directors or officers adopted, terminated or modified any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange A…
Text removed vs the prior filing · source: 10-Q · 2026-08-04
During the three months ended June 30, 2026, none of our directors or officers adopted, terminated or modified any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice