Houlihan Lokey (HLI) Intangibles (2021 - 2026)
Houlihan Lokey (HLI) posted Intangibles of $204 million for fiscal Q4 2026 (quarter ended Mar 31, 2026), down 4.1% from $212.67 million a year earlier but up 2.2% from the prior quarter.
Houlihan Lokey (HLI) Intangibles (2021 - 2026) Analysis & Trends
Since fiscal Q4 2021, Houlihan Lokey has reported Intangibles for 19 quarters.
- Annual Intangibles shows a five-year compound annual growth rate of 0.9% (FY2021 to FY2026).
- In prior fiscal years, Houlihan Lokey's Intangibles was $212.67 million in FY2025 (+7.7%), $197.44 million in FY2024 (-2.9%), $203.37 million in FY2023 (-17.8%) and $247.33 million in FY2022 (+26.7%).
- Quarterly Intangibles has run from a low of $196.64 million in fiscal Q2 2025 to a high of $263.49 million in fiscal Q3 2022 over five years.
- On a year-over-year basis, Intangibles increased in four of the last eight quarters, with growth averaging 1.1%.
- The strongest year-over-year quarter for Intangibles in the past five years was fiscal Q4 2022, with growth of 26.7%; the weakest was fiscal Q3 2023, with a decline of 22.3%.
- According to Business Quant data, Intangibles for the three prior fiscal quarters was $199.6 million (Q3 2026), $200.88 million (Q2 2026) and $203.62 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.49 Bn | 94.59 Bn | - | 2.49 Bn |
| 2 | Robinhood Markets | 88.74 Bn | 69.77 Bn | - | 246.00 Mn |
| 3 | Intercontinental Exchange | 88.55 Bn | 82.29 Bn | - | 14.87 Bn |
| 4 | Nasdaq | 53.31 Bn | 50.74 Bn | 1.50 Bn | 6.22 Bn |
| 5 | Interactive Brokers | 36.89 Bn | 14.01 Bn | - | - |
| 6 | Cboe Global Markets | 32.92 Bn | 24.57 Bn | 731.60 Mn | 1.18 Bn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 3.43 Bn |
| 8 | Tradeweb Markets | 25.22 Bn | 17.23 Bn | - | 1.09 Bn |
| 9 | Circle Internet | 21.37 Bn | 15.25 Bn | 288.85 Mn | 446.58 Mn |
| 10 | Houlihan Lokey | 8.70 Bn | 4.73 Bn | - | 204.00 Mn |
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 |
Houlihan Lokey Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();