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Side-by-side financial comparison of Hamilton Lane INC (HLNE) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $198.6M, roughly 1.0× Hamilton Lane INC). Hamilton Lane INC runs the higher net margin — 29.4% vs 2.2%, a 27.1% gap on every dollar of revenue. On growth, Hamilton Lane INC posted the faster year-over-year revenue change (18.0% vs 5.2%). Hamilton Lane INC produced more free cash flow last quarter ($72.4M vs $1.1M). Over the past eight quarters, Hamilton Lane INC's revenue compounded faster (6.0% CAGR vs -3.3%).
Hamilton Lane Incorporated is an American alternative investment management and advisory company headquartered in Conshohocken, Pennsylvania. The company provides private markets investments to its clients.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
HLNE vs ROG — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $198.6M | $200.5M |
| Net Profit | $58.4M | $4.5M |
| Gross Margin | — | 32.2% |
| Operating Margin | 60.5% | — |
| Net Margin | 29.4% | 2.2% |
| Revenue YoY | 18.0% | 5.2% |
| Net Profit YoY | 10.2% | 421.4% |
| EPS (diluted) | — | $0.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $198.6M | $201.5M | ||
| Q3 25 | $190.9M | $216.0M | ||
| Q2 25 | $176.0M | $202.8M | ||
| Q1 25 | $198.0M | $190.5M | ||
| Q4 24 | $168.3M | $192.2M | ||
| Q3 24 | $150.0M | $210.3M | ||
| Q2 24 | $196.7M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $58.4M | $4.6M | ||
| Q3 25 | $70.9M | $8.6M | ||
| Q2 25 | $53.7M | $-73.6M | ||
| Q1 25 | $50.5M | $-1.4M | ||
| Q4 24 | $53.0M | $-500.0K | ||
| Q3 24 | $55.0M | $10.7M | ||
| Q2 24 | $59.0M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | — | 31.6% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 32.1% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 60.5% | 3.5% | ||
| Q3 25 | 61.6% | 7.3% | ||
| Q2 25 | 54.2% | -33.3% | ||
| Q1 25 | 44.6% | -0.2% | ||
| Q4 24 | 53.6% | -6.6% | ||
| Q3 24 | 51.4% | 6.9% | ||
| Q2 24 | 54.3% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 29.4% | 2.3% | ||
| Q3 25 | 37.1% | 4.0% | ||
| Q2 25 | 30.5% | -36.3% | ||
| Q1 25 | 25.5% | -0.7% | ||
| Q4 24 | 31.5% | -0.3% | ||
| Q3 24 | 36.7% | 5.1% | ||
| Q2 24 | 30.0% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | — | $0.20 | ||
| Q3 25 | — | $0.48 | ||
| Q2 25 | — | $-4.00 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | — | $0.58 | ||
| Q2 24 | — | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $195.8M |
| Total DebtLower is stronger | $279.5M | — |
| Stockholders' EquityBook value | $877.4M | $1.2B |
| Total Assets | $2.2B | $1.4B |
| Debt / EquityLower = less leverage | 0.32× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | — | $197.0M | ||
| Q3 25 | — | $167.8M | ||
| Q2 25 | — | $157.2M | ||
| Q1 25 | — | $175.6M | ||
| Q4 24 | — | $159.8M | ||
| Q3 24 | — | $146.4M | ||
| Q2 24 | — | $119.9M |
| Q1 26 | — | — | ||
| Q4 25 | $279.5M | — | ||
| Q3 25 | $285.6M | — | ||
| Q2 25 | $288.6M | — | ||
| Q1 25 | $290.3M | — | ||
| Q4 24 | $292.0M | — | ||
| Q3 24 | $195.0M | — | ||
| Q2 24 | $195.6M | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $877.4M | $1.2B | ||
| Q3 25 | $825.8M | $1.2B | ||
| Q2 25 | $758.8M | $1.2B | ||
| Q1 25 | $717.3M | $1.3B | ||
| Q4 24 | $649.3M | $1.3B | ||
| Q3 24 | $606.6M | $1.3B | ||
| Q2 24 | $566.4M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.32× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.38× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.35× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $74.1M | $5.8M |
| Free Cash FlowOCF − Capex | $72.4M | $1.1M |
| FCF MarginFCF / Revenue | 36.5% | 0.5% |
| Capex IntensityCapex / Revenue | 0.8% | 2.3% |
| Cash ConversionOCF / Net Profit | 1.27× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $606.5M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $74.1M | $46.9M | ||
| Q3 25 | $118.9M | $28.9M | ||
| Q2 25 | $128.9M | $13.7M | ||
| Q1 25 | $300.8M | $11.7M | ||
| Q4 24 | $64.4M | $33.7M | ||
| Q3 24 | $117.4M | $42.4M | ||
| Q2 24 | $79.7M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $72.4M | $42.2M | ||
| Q3 25 | $117.8M | $21.2M | ||
| Q2 25 | $127.6M | $5.6M | ||
| Q1 25 | $288.7M | $2.1M | ||
| Q4 24 | $58.8M | $18.3M | ||
| Q3 24 | $115.8M | $25.2M | ||
| Q2 24 | $78.2M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 36.5% | 20.9% | ||
| Q3 25 | 61.7% | 9.8% | ||
| Q2 25 | 72.5% | 2.8% | ||
| Q1 25 | 145.8% | 1.1% | ||
| Q4 24 | 34.9% | 9.5% | ||
| Q3 24 | 77.2% | 12.0% | ||
| Q2 24 | 39.8% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 0.8% | 2.3% | ||
| Q3 25 | 0.6% | 3.6% | ||
| Q2 25 | 0.8% | 4.0% | ||
| Q1 25 | 6.1% | 5.0% | ||
| Q4 24 | 3.3% | 8.0% | ||
| Q3 24 | 1.0% | 8.2% | ||
| Q2 24 | 0.8% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 1.27× | 10.20× | ||
| Q3 25 | 1.68× | 3.36× | ||
| Q2 25 | 2.40× | — | ||
| Q1 25 | 5.96× | — | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 2.14× | 3.96× | ||
| Q2 24 | 1.35× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HLNE
| Management And Advisory Fee Revenue Specialized Funds | $98.5M | 50% |
| Incentive Fee Revenue Specialized Funds | $39.4M | 20% |
| Management And Advisory Fee Revenue Customized Separate Accounts | $36.1M | 18% |
| Management And Advisory Fee Revenue Reporting And Other | $9.3M | 5% |
| Incentive Fee Revenue Customized Separate Accounts | $5.9M | 3% |
| Management And Advisory Fee Revenue Advisory | $4.8M | 2% |
| Management And Advisory Fee Revenue Fund Reimbursement Revenue | $3.9M | 2% |
ROG
Segment breakdown not available.
