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

Houlihan Lokey has reported Change in Taxes for 12 years, with the latest figure at -$9.3 million in Q2 2025.

• Change in Taxes for Q2 2025 came in at -$9.3 million, up 39.39% year-over-year; the trailing twelve-month figure through Jun 2025 was $45.3 million (up 238.72% YoY), and the FY2025 annual result was $39.2 million, up 356.62% from the prior year.
• Change in Taxes declined to -$9.3 million in Q2 2025, from $815000.0 in the prior quarter.
• Over five years, Change in Taxes peaked at $48.8 million in Q1 2021 and troughed at -$66.6 million in Q3 2022.
• A 5-year average of -$1.5 million and a median of -$2.9 million in 2023 frame the typical range for Change in Taxes.
• The widest annual swing landed in 2021, when Change in Taxes surged 706.92%; it then plunged 850.74% in 2024.
• A 5-year view of Change in Taxes shows it stood at $27.3 million in 2021, then sank by 165.46% to -$17.9 million in 2022, then soared by 35.96% to -$11.4 million in 2023, then surged by 334.67% to $26.8 million in 2024, then slumped by 134.56% to -$9.3 million in 2025.
• Per Business Quant data, the three most recent Change in Taxes figures were -$9.3 million in Q2 2025, $815000.0 in Q1 2025, and $26.8 million in Q4 2024.