Houlihan Lokey (HLI) Cash from Financing Activities (2014 - 2025)

Houlihan Lokey (HLI) has reported Cash from Financing Activities for 12 consecutive years, with -$131.4 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Cash from Financing Activities fell 251.71% year-over-year to -$131.4 million; the TTM figure through Dec 2025 stood at -$491.2 million (down 79.2% YoY), while the FY2025 annual figure was -$329.1 million, down 31.32% from the prior year.
• Cash from Financing Activities came in at -$131.4 million for Q4 2025 at Houlihan Lokey, down from -$72.1 million in the prior quarter.
• The five-year high for Cash from Financing Activities was -$32.6 million in Q1 2023, with the low at -$196.6 million in Q2 2025.
• Average Cash from Financing Activities over 5 years is -$88.2 million, with a median of -$78.9 million recorded in 2021.
• Across the five-year window, Cash from Financing Activities slumped 302.41% in 2021 and jumped 78.12% in 2023, its largest moves.
• Year by year, Cash from Financing Activities stood at -$102.5 million in 2021, then soared by 62.04% to -$38.9 million in 2022, then rose by 8.48% to -$35.6 million in 2023, then dropped by 4.93% to -$37.4 million in 2024, then tumbled by 251.71% to -$131.4 million in 2025.
• According to Business Quant data, Cash from Financing Activities over the past three periods registered -$131.4 million, -$72.1 million, and -$196.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.