Houlihan Lokey (HLI) Accumulated Expenses (2015 - 2026)

Houlihan Lokey has reported Accumulated Expenses for 12 years, with the latest figure at $1.1 billion in Q1 2026.

• Accumulated Expenses for Q1 2026 came in at $1.1 billion, up 14.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 14.99% YoY), and the FY2026 annual result was $1.1 billion, up 14.99% from the prior year.
• Accumulated Expenses rose to $1.1 billion in Q1 2026, from $881.1 million in the prior quarter.
• Over five years, Accumulated Expenses peaked at $1.1 billion in Q1 2026 and troughed at $473.5 million in Q2 2023.
• A 5-year average of $714.9 million and a median of $685.6 million in 2022 frame the typical range for Accumulated Expenses.
• The largest YoY upside for Accumulated Expenses was 47.07% in 2022 against a maximum downside of 35.23% in 2022.
• A 5-year view of Accumulated Expenses shows it stood at $638.6 million in 2022, then slipped by 9.95% to $575.1 million in 2023, then rose by 25.08% to $719.3 million in 2024, then increased by 22.5% to $881.1 million in 2025, then rose by 22.23% to $1.1 billion in 2026.
• Per Business Quant data, the three most recent Accumulated Expenses figures were $1.1 billion in Q1 2026, $881.1 million in Q4 2025, and $822.8 million in Q3 2025.