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

Houlihan Lokey (HLI) recorded quarterly Gains from Investment Securities of $85.8 million in Q4 2025, up 129.18% quarter-over-quarter from $37.5 million in Q3 2025, and up 32.58% on a YoY basis from $64.8 million in Q4 2024.

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

Houlihan Lokey's Gains from Investment Securities history runs 10 years deep, the most recent figure standing at $85.8 million for 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 was $85.8 million for Q4 2025 at Houlihan Lokey, up from $37.5 million in the prior quarter.
  • In the past five years, Gains from Investment Securities ranged from a high of $208.3 million in Q1 2022 to a low of -$33.7 million in Q3 2021.
  • Historically, Gains from Investment Securities has averaged $40.7 million across 5 years, with a median of $33.7 million in 2021.
  • Biggest YoY gain for Gains from Investment Securities was 329800.0% in 2021; the steepest drop was 792.13% in 2021.
  • A 5-year view of Gains from Investment Securities shows it stood at $33.7 million in 2021, then soared by 294.81% to $133.0 million in 2022, then plunged 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.
  • The last three Gains from Investment Securities figures came in at $85.8 million (Q4 2025), $37.5 million (Q3 2025), and $17.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 95,219.34 Bn 95,219.34 Bn -
2 Morgan Stanley 323.01 Bn 189.48 Bn -
3 Goldman Sachs 303.95 Bn -633.60 Bn -
4 Schwab Charles 155.80 Bn 110.82 Bn -
5 Robinhood Markets 77.67 Bn 73.03 Bn 960.00 Mn
6 Interactive Brokers 38.08 Bn 48.67 Bn -
7 LPL Financial Holdings 23.19 Bn 22.17 Bn -
8 Tradeweb Markets 21.40 Bn 20.15 Bn -
9 Circle Internet 19.36 Bn 17.84 Bn 35.01 Mn
10 Houlihan Lokey 9.08 Bn 8.02 Bn 697.95 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 85.85 Mn
Dec 31, 2025 85.85 Mn
Sep 30, 2025 37.46 Mn
Sep 30, 2025 37.46 Mn
Jun 30, 2025 17.90 Mn
Jun 30, 2025 17.90 Mn
Mar 31, 2025 380,000.00
Mar 31, 2025 380,000.00
Dec 31, 2024 64.75 Mn
Dec 31, 2024 64.75 Mn
Sep 30, 2024 36.41 Mn
Sep 30, 2024 36.41 Mn
Jun 30, 2024 804,000.00
Jun 30, 2024 804,000.00
Mar 31, 2024 34.94 Mn
Mar 31, 2024 34.94 Mn
Dec 31, 2023 21.71 Mn
Dec 31, 2023 21.71 Mn
Sep 30, 2023 48.41 Mn
Sep 30, 2023 48.41 Mn