Growth Metrics

Houlihan Lokey (HLI) Accumulated Expenses (2016 - 2025)

Houlihan Lokey (HLI) has 11 years of Accumulated Expenses data on record, last reported at $881.1 million in Q4 2025.

  • For Q4 2025, Accumulated Expenses rose 22.5% year-over-year to $881.1 million; the TTM value through Dec 2025 reached $881.1 million, up 22.5%, while the annual FY2025 figure was $936.6 million, 29.01% up from the prior year.
  • Accumulated Expenses reached $881.1 million in Q4 2025 per HLI's latest filing, up from $822.8 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $986.0 million in Q4 2021 and bottomed at $390.9 million in Q2 2021.
  • Average Accumulated Expenses over 5 years is $684.0 million, with a median of $644.9 million recorded in 2021.
  • Peak YoY movement for Accumulated Expenses: skyrocketed 125.93% in 2021, then crashed 35.23% in 2022.
  • A 5-year view of Accumulated Expenses shows it stood at $986.0 million in 2021, then plummeted by 35.23% to $638.6 million in 2022, then dropped by 9.95% to $575.1 million in 2023, then grew by 25.08% to $719.3 million in 2024, then rose by 22.5% to $881.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for Accumulated Expenses were $881.1 million in Q4 2025, $822.8 million in Q3 2025, and $640.5 million in Q2 2025.