Houlihan Lokey (HLI) Cash & Equivalents (2014 - 2025)

Houlihan Lokey's Cash & Equivalents history runs 12 years deep, the most recent figure standing at $1.1 billion for Q4 2025.

• In Q4 2025, Cash & Equivalents rose 32.17% year-over-year to $1.1 billion; the TTM figure through Dec 2025 stood at $1.1 billion (up 32.17% YoY), while the FY2025 annual figure was $971.0 million, up 34.63% from the prior year.
• Cash & Equivalents was $1.1 billion for Q4 2025 at Houlihan Lokey, up from $923.6 million in the prior quarter.
• In the past five years, Cash & Equivalents ranged from a high of $1.1 billion in Q4 2021 to a low of $449.7 million in Q2 2024.
• Historically, Cash & Equivalents has averaged $730.7 million across 5 years, with a median of $751.7 million in 2021.
• The sharpest annual moves came in 2021 and 2022: Cash & Equivalents jumped 122.64% in 2021, then plunged 48.1% in 2022.
• A 5-year view of Cash & Equivalents shows it stood at $1.1 billion in 2021, then tumbled by 48.1% to $549.4 million in 2022, then rose by 1.11% to $555.5 million in 2023, then surged by 43.89% to $799.3 million in 2024, then jumped by 32.17% to $1.1 billion in 2025.
• The last three Cash & Equivalents figures came in at $1.1 billion (Q4 2025), $923.6 million (Q3 2025), and $793.8 million (Q2 2025), per Business Quant data.