Houlihan Lokey (HLI) Gains from Investment Securities (2016 - 2025)

Houlihan Lokey (HLI) has reported Gains from Investment Securities for 10 consecutive years, with $85.8 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Gains from Investment Securities rose 32.58% year-over-year to $85.8 million; the TTM figure through Dec 2025 stood at $141.6 million (up 3.42% YoY), while the FY2025 annual figure was $102.3 million, down 2.58% from the prior year.
• Gains from Investment Securities came in at $85.8 million for Q4 2025 at Houlihan Lokey, up from $37.5 million in the prior quarter.
• The five-year high for Gains from Investment Securities was $208.3 million in Q1 2022, with the low at -$33.7 million in Q3 2021.
• Average Gains from Investment Securities over 5 years is $40.7 million, with a median of $33.7 million recorded in 2021.
• The largest YoY upside for Gains from Investment Securities was 329800.0% in 2021 against a maximum downside of 792.13% in 2021.
• Year by year, Gains from Investment Securities stood at $33.7 million in 2021, then soared by 294.81% to $133.0 million in 2022, then sank by 83.68% to $21.7 million in 2023, then surged by 198.26% to $64.8 million in 2024, then surged by 32.58% to $85.8 million in 2025.
• According to Business Quant data, Gains from Investment Securities over the past three periods registered $85.8 million, $37.5 million, and $17.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.