Houlihan Lokey (HLI) Amortizatization of Intangibles (2020 - 2025)

Houlihan Lokey (HLI) posted quarterly Amortizatization of Intangibles of $11.2 million for Q4 2025, down 8.26% year-over-year from $12.2 million in Q4 2024, and up 66.31% on a QoQ basis from $6.7 million in Q3 2025.

Houlihan Lokey (HLI) Amortizatization of Intangibles (2020 - 2025) Analysis & Trends

Houlihan Lokey (HLI) has reported Amortizatization of Intangibles for 6 consecutive years, with $11.2 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Amortizatization of Intangibles fell 8.26% year-over-year to $11.2 million; the TTM figure through Dec 2025 stood at $36.2 million (up 7.0% YoY), while the FY2025 annual figure was $37.3 million, up 13.36% from the prior year.
  • Amortizatization of Intangibles came in at $11.2 million for Q4 2025 at Houlihan Lokey, up from $6.7 million in the prior quarter.
  • The five-year high for Amortizatization of Intangibles was $13.2 million in Q4 2021, with the low at $3.4 million in Q4 2022.
  • Average Amortizatization of Intangibles over 5 years is $8.0 million, with a median of $7.6 million recorded in 2022.
  • Across the five-year window, Amortizatization of Intangibles plunged 74.04% in 2022 and surged 186.46% in 2023, its largest moves.
  • Year by year, Amortizatization of Intangibles stood at $13.2 million in 2021, then slumped by 74.04% to $3.4 million in 2022, then soared by 186.46% to $9.8 million in 2023, then gained by 24.06% to $12.2 million in 2024, then decreased by 8.26% to $11.2 million in 2025.
  • According to Business Quant data, Amortizatization of Intangibles over the past three periods registered $11.2 million, $6.7 million, and $8.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amort. of Intangibles (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - 132.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 67.23 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 Houlihan Lokey 9.19 Bn 8.14 Bn 697.95 Mn 11.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 11.20 Mn
Dec 31, 2025 11.20 Mn
Sep 30, 2025 6.73 Mn
Sep 30, 2025 6.73 Mn
Jun 30, 2025 8.37 Mn
Jun 30, 2025 8.37 Mn
Mar 31, 2025 9.88 Mn
Mar 31, 2025 9.88 Mn
Dec 31, 2024 12.20 Mn
Dec 31, 2024 12.20 Mn
Sep 30, 2024 5.84 Mn
Sep 30, 2024 5.84 Mn
Jun 30, 2024 9.38 Mn
Jun 30, 2024 9.38 Mn
Mar 31, 2024 6.38 Mn
Mar 31, 2024 6.38 Mn
Dec 31, 2023 9.84 Mn
Dec 31, 2023 9.84 Mn
Sep 30, 2023 9.00 Mn
Sep 30, 2023 9.00 Mn