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

Houlihan Lokey has reported Change in Accured Expenses for 12 years, with the latest figure at $58.1 million in Q4 2025.

• On a quarterly basis, Change in Accured Expenses fell 11.46% year-over-year to $58.1 million in Q4 2025; TTM through Dec 2025 was $175.2 million, a 33.83% increase from a year earlier, with the FY2025 full-year figure at $210.3 million, up 597.42% from the prior year.
• Change in Accured Expenses was $58.1 million for Q4 2025 at Houlihan Lokey, down from $182.3 million in the prior quarter.
• The five-year high for Change in Accured Expenses was $254.6 million in Q4 2021, with the low at -$375.6 million in Q2 2022.
• Average Change in Accured Expenses over 5 years is $14.3 million, with a median of $71.8 million recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Change in Accured Expenses plunged 118.92% in 2022, then soared 459.17% in 2023.
• Over 5 years, Change in Accured Expenses stood at $254.6 million in 2021, then slumped by 118.92% to -$48.2 million in 2022, then soared by 140.31% to $19.4 million in 2023, then surged by 237.82% to $65.6 million in 2024, then declined by 11.46% to $58.1 million in 2025.
• The last three Change in Accured Expenses figures came in at $58.1 million (Q4 2025), $182.3 million (Q3 2025), and -$294.0 million (Q2 2025), per Business Quant data.