HLNE Revenue Flow Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.
2026-06-30: Revenue $275.33M ; Operating expenses $148.86M ; Income tax $25.08M ; Net income $80.46M . 2026-03-31: Revenue $193.57M* ; Operating expenses $111.32M* ; Income tax $15.59M* ; Net income $66.17M* . 2025-12-31: Revenue $198.59M ; Operating expenses $112.58M ; Income tax $27.25M ; Net income $58.37M . 2025-09-30: Revenue $190.88M ; Operating expenses $111.17M ; Income tax $13.98M ; Net income $70.89M . Product or service Separate filed amounts; connecting flows are not established. Components and totals may overlap.
HLNE revenue flow Filed amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow. Incentive Fee Revenue Customized Separate Accounts $6.41M Incentive Fee Revenue Including Consolidated VI Es $113.96M Incentive Fee Revenue Specialized Funds $107.56M Management And Advisory Fee Revenue Advisory $4.56M Management And Advisory Fee Revenue Customized Separate Accounts $34.69M Management And Advisory Fee Revenue Distribution Management $257.00K Management And Advisory Fee Revenue Fund Reimbursement Revenue $3.14M Management And Advisory Fee Revenue $161.37M Management And Advisory Fee Revenue Reporting And Other $9.91M Management And Advisory Fee Revenue Specialized Funds $108.82M Revenue $275.33M Operating expenses $148.86M Other income, net -$595.00K Pre-tax income $149.97M Income tax $25.08M
Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.
Historical revenue and expense breakdown Revenue and expense 3 month Period end Revenue Operating expenses Income tax Net income 2026-06-30 $275.33M $148.86M $25.08M $80.46M 2026-03-31 $193.57M* $111.32M* $15.59M* $66.17M* 2025-12-31 $198.59M $112.58M $27.25M $58.37M 2025-09-30 $190.88M $111.17M $13.98M $70.89M 2025-06-30 $175.96M $98.98M $18.38M $53.74M 2024-12-31 $168.26M $92.54M $12.70M $52.97M 2024-09-30 $150.00M $82.81M $1.17M $54.98M 2024-06-30 $196.73M $107.12M $19.69M $58.96M 2023-12-31 $125.26M $73.87M $15.80M $19.51M 2023-09-30 $126.88M $71.28M $1.86M $41.99M 2023-06-30 $125.04M $70.10M $16.40M $31.00M 2022-12-31 $127.07M $68.70M $11.79M $9.67M 2022-09-30 $153.38M $83.56M $15.49M $34.88M 2022-06-30 $135.51M $72.98M $11.49M $33.48M 2021-12-31 $91.70M $50.66M $11.52M $51.85M 2021-09-30 $96.32M $49.82M $14.03M $52.15M 2021-06-30 $79.00M $43.24M $11.96M $28.17M 2021-03-31 $102.88M $57.02M (m) $39.76M 2020-12-31 $84.58M $41.86M $6.43M $33.20M 2020-09-30 $84.43M $46.12M $12.17M $21.81M 2020-06-30 $69.74M $40.91M $1.92M $3.25M 2020-03-31 $76.93M $43.31M (m) $20.65M 2019-12-31 $68.14M $39.25M $4.55M $13.50M 2019-09-30 $64.29M $37.37M $2.68M $15.30M 2019-06-30 $64.69M $37.69M $4.34M $11.38M 2019-03-31 $66.99M $38.06M (m) $8.05M 2018-12-31 $66.00M $37.76M $18.46M $5.46M 2018-09-30 $55.83M $34.47M $5.58M $11.22M 2018-06-30 $63.36M $37.67M $1.62M $8.85M 2018-03-31 $77.61M $33.25M (m) $13.50M 2017-12-31 $65.01M $30.71M $22.96M -$6.31M 2017-09-30 $48.71M $28.70M $2.69M $4.69M 2017-06-30 $52.70M $28.42M $3.69M $5.46M 2017-03-31 (m) $27.62M (m) $612.00K 2016-12-31 (m) $25.58M $111.00K $0.00 2016-09-30 (m) $27.80M $26.00K $0.00 2016-06-30 (m) $22.71M -$401.00K $0.00
Revenue and expense 6 month Period end Revenue Operating expenses Income tax Net income 2025-09-30 $366.84M $210.15M $32.36M $124.63M 2024-09-30 $346.73M $189.93M $20.86M $113.95M 2023-09-30 $251.91M $141.38M $18.26M $72.99M 2022-09-30 $288.89M $156.54M $26.98M $68.36M 2021-09-30 $175.31M $93.06M $26.00M $80.31M 2020-09-30 $154.18M $87.03M $14.09M $25.06M 2019-09-30 $128.98M $75.06M $7.01M $26.68M 2018-09-30 $119.19M $72.14M $7.20M $20.07M 2017-09-30 $101.41M $57.12M $6.38M $10.15M 2016-09-30 (m) $50.51M -$375.00K $0.00
Revenue and expense 9 month Period end Revenue Operating expenses Income tax Net income 2025-12-31 $565.43M $322.73M $59.61M $183.01M 2024-12-31 $514.99M $282.47M $33.55M $166.92M 2023-12-31 $377.18M $215.25M $34.05M $92.50M 2022-12-31 $415.96M $225.24M $38.77M $78.03M 2021-12-31 $267.02M $143.72M $37.52M $132.16M 2020-12-31 $238.76M $128.89M $20.52M $58.26M 2019-12-31 $197.12M $114.31M $11.56M $40.18M 2018-12-31 $185.19M $109.89M $25.66M $25.52M 2017-12-31 $166.42M $87.83M $29.34M $3.84M 2016-12-31 (m) $76.09M -$264.00K $0.00
Revenue and expense 12 month Period end Revenue Operating expenses Income tax Net income 2026-03-31 $758.99M $434.05M $75.20M $249.18M 2025-03-31 $712.96M $396.41M $48.51M $217.42M 2024-03-31 $553.84M $308.02M $54.45M $140.86M 2023-03-31 $528.75M $288.71M $55.42M $109.12M 2022-03-31 $367.92M $198.35M $66.42M $145.99M 2021-03-31 $341.63M $185.91M $24.42M $98.02M 2020-03-31 $274.05M $157.62M $13.97M $60.83M 2019-03-31 $252.18M $147.96M $30.56M $33.57M 2018-03-31 $244.03M $121.08M $33.33M $17.34M 2017-03-31 $179.82M $103.70M $316.00K $612.00K 2016-03-31 (m) $118.96M $869.00K $0.00