Houlihan Lokey (HLI) Intangibles (2021 - 2026)
Houlihan Lokey (HLI) posted Intangibles of $204.0 million for Q1 2026, up 2.21% on a QoQ basis from $199.6 million in Q4 2025, and down 4.08% year-over-year from $212.7 million in Q1 2025.
Analysis
Houlihan Lokey (HLI) Intangibles (2021 - 2026) Analysis & Trends
Houlihan Lokey has reported Intangibles for 6 years, with the latest figure at $204.0 million in Q1 2026.
- On a quarterly basis, Intangibles fell 4.08% year-over-year to $204.0 million in Q1 2026; TTM through Mar 2026 was $204.0 million, a 4.08% decrease from a year earlier, with the FY2026 full-year figure at $204.0 million, down 4.08% from the prior year.
- Intangibles was $204.0 million for Q1 2026 at Houlihan Lokey, up from $199.6 million in the prior quarter.
- The five-year high for Intangibles was $247.3 million in Q1 2022, with the low at $196.6 million in Q3 2024.
- Average Intangibles over 5 years is $207.9 million, with a median of $203.4 million recorded in 2023.
- The largest YoY upside for Intangibles was 26.74% in 2022 against a maximum downside of 22.26% in 2022.
- Over 5 years, Intangibles stood at $204.8 million in 2022, then retreated by 2.39% to $199.9 million in 2023, then grew by 11.09% to $222.1 million in 2024, then declined by 10.14% to $199.6 million in 2025, then increased by 2.21% to $204.0 million in 2026.
- The last three Intangibles figures came in at $204.0 million (Q1 2026), $199.6 million (Q4 2025), and $200.9 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 22.28 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | - |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | 204.00 Mn |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 76.28 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 96.62 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | - |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 8.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 204.00 Mn |
| Dec 31, 2025 | 199.60 Mn |
| Sep 30, 2025 | 200.88 Mn |
| Jun 30, 2025 | 203.62 Mn |
| Mar 31, 2025 | 212.67 Mn |
| Dec 31, 2024 | 222.11 Mn |
| Sep 30, 2024 | 196.64 Mn |
| Jun 30, 2024 | 198.71 Mn |
| Mar 31, 2024 | 197.44 Mn |
| Dec 31, 2023 | 199.94 Mn |
| Sep 30, 2023 | 196.65 Mn |
| Jun 30, 2023 | 200.15 Mn |
| Mar 31, 2023 | 203.37 Mn |
| Dec 31, 2022 | 204.85 Mn |
| Sep 30, 2022 | 214.60 Mn |
| Jun 30, 2022 | 230.94 Mn |
| Mar 31, 2022 | 247.33 Mn |
| Dec 31, 2021 | 263.49 Mn |
| Mar 31, 2021 | 195.16 Mn |