Houlihan Lokey (HLI) Gross Profit (2014 - 2025)

Houlihan Lokey's Gross Profit history runs 12 years deep, the most recent figure standing at $698.0 million for Q4 2025.

• In Q4 2025, Gross Profit rose 13.02% year-over-year to $698.0 million; the TTM figure through Dec 2025 stood at $2.6 billion (up 18.31% YoY), while the FY2025 annual figure was $2.3 billion, up 25.05% from the prior year.
• Gross Profit was $698.0 million for Q4 2025 at Houlihan Lokey, up from $644.8 million in the prior quarter.
• In the past five years, Gross Profit ranged from a high of $870.9 million in Q4 2021 to a low of $245.2 million in Q1 2022.
• Historically, Gross Profit has averaged $517.3 million across 5 years, with a median of $495.4 million in 2023.
• The sharpest annual moves came in 2021 and 2022: Gross Profit surged 93.45% in 2021, then plunged 49.97% in 2022.
• A 5-year view of Gross Profit shows it stood at $870.9 million in 2021, then slumped by 49.89% to $436.4 million in 2022, then climbed by 13.15% to $493.9 million in 2023, then rose by 25.04% to $617.5 million in 2024, then gained by 13.02% to $698.0 million in 2025.
• The last three Gross Profit figures came in at $698.0 million (Q4 2025), $644.8 million (Q3 2025), and $584.2 million (Q2 2025), per Business Quant data.