Houlihan Lokey (HLI) Change in Receivables (2014 - 2025)
Houlihan Lokey's Change in Receivables came in at -$36.32 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), compared with -$62.17 million a year earlier.
Houlihan Lokey (HLI) Change in Receivables (2014 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 31, 2025, Houlihan Lokey reported Change in Receivables of $62.84 million; for FY2025 (ended Mar 31, 2025), it was $55.7 million, up 133.8% from FY2024.
- Change in Receivables carries a five-year compound annual growth rate of 33.0% (FY2020 to FY2025).
- Going back by fiscal year, Change in Receivables was $23.83 million in FY2024 (-36.9%), $37.74 million in FY2023, -$14.13 million in FY2022 and $32.97 million in FY2021 (+146.2%).
- The five-year range for quarterly Change in Receivables is -$62.17 million (fiscal Q3 2025) to $102.76 million (fiscal Q4 2025).
- The fastest year-over-year change in Change in Receivables over five years came in fiscal Q2 2024 (growth of 200.3%), and the weakest in fiscal Q3 2024 (a decline of 95.8%).
- Business Quant data shows HLI's Change in Receivables at $36.4 million (Q2 2026), -$40 million (Q1 2026) and $102.76 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - | -182.90 Mn |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - | 4.43 Bn |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - | -511.00 Mn |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn | 199.00 Mn |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - | 22.40 Bn |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn | 66.00 Mn |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - | - |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - | -42.13 Mn |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn | 11.88 Mn |
| 10 | Houlihan Lokey | 8.59 Bn | 4.63 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -36.32 Mn |
| Sep 30, 2025 | 36.40 Mn |
| Jun 30, 2025 | -40.00 Mn |
| Mar 31, 2025 | 102.76 Mn |
| Dec 31, 2024 | -62.17 Mn |
| Sep 30, 2024 | 30.66 Mn |
| Jun 30, 2024 | -15.55 Mn |
| Mar 31, 2024 | 50.16 Mn |
| Dec 31, 2023 | 238,000.00 |
| Sep 30, 2023 | 15.79 Mn |
| Jun 30, 2023 | -42.36 Mn |
| Mar 31, 2023 | 37.51 Mn |
| Dec 31, 2022 | 5.62 Mn |
| Sep 30, 2022 | 5.26 Mn |
| Jun 30, 2022 | -10.65 Mn |
| Mar 31, 2022 | -52.79 Mn |
| Dec 31, 2021 | 14.28 Mn |
| Sep 30, 2021 | 41.63 Mn |
| Jun 30, 2021 | -17.24 Mn |
| Mar 31, 2021 | 31.90 Mn |
Houlihan Lokey Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();