Houlihan Lokey (HLI) Change in Accured Expenses (2014 - 2025)

Houlihan Lokey (HLI) has reported Change in Accured Expenses for 12 consecutive years, with $76.0 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Change in Accured Expenses rose 661.03% year-over-year to $76.0 million; the TTM figure through Dec 2025 stood at $193.2 million (up 1950.7% YoY), while the FY2025 annual figure was $210.3 million, up 1006.58% from the prior year.
• Change in Accured Expenses came in at $76.0 million for Q4 2025 at Houlihan Lokey, up from -$87.5 million in the prior quarter.
• The five-year high for Change in Accured Expenses was $280.9 million in Q1 2023, with the low at -$375.6 million in Q2 2022.
• Average Change in Accured Expenses over 5 years is $4.6 million, with a median of $942500.0 recorded in 2021.
• Across the five-year window, Change in Accured Expenses slumped 12547.04% in 2022 and soared 2695.65% in 2025, its largest moves.
• Year by year, Change in Accured Expenses stood at $27.7 million in 2021, then plunged by 274.1% to -$48.2 million in 2022, then surged by 110.08% to $4.9 million in 2023, then jumped by 105.83% to $10.0 million in 2024, then soared by 661.03% to $76.0 million in 2025.
• According to Business Quant data, Change in Accured Expenses over the past three periods registered $76.0 million, -$87.5 million, and -$24.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.