Houlihan Lokey (HLI) Change in Receivables (2014 - 2025)

Houlihan Lokey has reported Change in Receivables for 12 years, with the latest figure at -$36.3 million in Q4 2025.

• On a quarterly basis, Change in Receivables rose 41.58% year-over-year to -$36.3 million in Q4 2025; TTM through Dec 2025 was $62.8 million, a 1931.03% increase from a year earlier, with the FY2025 full-year figure at $55.7 million, up 133.75% from the prior year.
• Change in Receivables was -$36.3 million for Q4 2025 at Houlihan Lokey, down from $36.4 million in the prior quarter.
• The five-year high for Change in Receivables was $102.8 million in Q1 2025, with the low at -$62.2 million in Q4 2024.
• Average Change in Receivables over 5 years is $4.8 million, with a median of $5.4 million recorded in 2022.
• The sharpest annual moves came in 2023 and 2024: Change in Receivables surged 200.34% in 2023, then sank 26222.27% in 2024.
• Over 5 years, Change in Receivables stood at $14.3 million in 2021, then slumped by 60.62% to $5.6 million in 2022, then plunged by 95.77% to $238000.0 in 2023, then tumbled by 26222.27% to -$62.2 million in 2024, then soared by 41.58% to -$36.3 million in 2025.
• The last three Change in Receivables figures came in at -$36.3 million (Q4 2025), $36.4 million (Q3 2025), and -$40.0 million (Q2 2025), per Business Quant data.