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Houlihan Lokey (HLI) Cost of Revenue: 2014-2025

Historic Cost of Revenue for Houlihan Lokey (HLI) over the last 12 years, with Mar 2025 value amounting to $68.9 million.

  • Houlihan Lokey's Cost of Revenue fell 26.80% to $14.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $68.1 million, marking a year-over-year increase of 5.13%. This contributed to the annual value of $68.9 million for FY2025, which is 17.24% up from last year.
  • Houlihan Lokey's Cost of Revenue amounted to $68.9 million in FY2025, which was up 17.24% from $58.8 million recorded in FY2024.
  • In the past 5 years, Houlihan Lokey's Cost of Revenue registered a high of $68.9 million during FY2025, and its lowest value of $28.8 million during FY2021.
  • For the 3-year period, Houlihan Lokey's Cost of Revenue averaged around $65.1 million, with its median value being $67.6 million (2023).
  • As far as peak fluctuations go, Houlihan Lokey's Cost of Revenue decreased by 27.07% in 2021, and later skyrocketed by 72.48% in 2022.
  • Over the past 5 years, Houlihan Lokey's Cost of Revenue (Yearly) stood at $28.8 million in 2021, then surged by 72.48% to $49.6 million in 2022, then spiked by 36.21% to $67.6 million in 2023, then decreased by 13.05% to $58.8 million in 2024, then increased by 17.24% to $68.9 million in 2025.