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

Houlihan Lokey (HLI) has reported Change in Taxes for 12 consecutive years, with -$9.3 million the latest figure, recorded in Q2 2025.

• In Q2 2025, Change in Taxes rose 39.39% year-over-year to -$9.3 million; the TTM figure through Jun 2025 stood at $45.3 million (up 238.72% YoY), while the FY2025 annual figure was $39.2 million, up 356.62% from the prior year.
• Change in Taxes came in at -$9.3 million for Q2 2025 at Houlihan Lokey, down from $815000.0 in the prior quarter.
• The five-year high for Change in Taxes was $48.8 million in Q1 2021, with the low at -$66.6 million in Q3 2022.
• Average Change in Taxes over 5 years is -$1.5 million, with a median of -$2.9 million recorded in 2023.
• Across the five-year window, Change in Taxes surged 706.92% in 2021 and slumped 850.74% in 2024, its largest moves.
• Year by year, Change in Taxes stood at $27.3 million in 2021, then sank by 165.46% to -$17.9 million in 2022, then jumped by 35.96% to -$11.4 million in 2023, then soared by 334.67% to $26.8 million in 2024, then slumped by 134.56% to -$9.3 million in 2025.
• According to Business Quant data, Change in Taxes over the past three periods registered -$9.3 million, $815000.0, and $26.8 million for Q2 2025, Q1 2025, and Q4 2024 respectively.