Houlihan Lokey (HLI) Intangibles (2021 - 2026)
Houlihan Lokey (HLI) posted quarterly Intangibles of $204.0 million for Q1 2026, down 4.08% year-over-year from $212.7 million in Q1 2025, and up 2.21% on a QoQ basis from $199.6 million in Q4 2025.
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.
- Intangibles for Q1 2026 came in at $204.0 million, down 4.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $204.0 million (down 4.08% YoY), and the FY2026 annual result was $204.0 million, down 4.08% from the prior year.
- Intangibles advanced to $204.0 million in Q1 2026, from $199.6 million in the prior quarter.
- Over five years, Intangibles peaked at $247.3 million in Q1 2022 and troughed at $196.6 million in Q3 2024.
- A 5-year average of $207.9 million and a median of $203.4 million in 2023 frame the typical range for Intangibles.
- The largest YoY upside for Intangibles was 26.74% in 2022 against a maximum downside of 22.26% in 2022.
- A 5-year view of Intangibles shows it stood at $204.8 million in 2022, then declined by 2.39% to $199.9 million in 2023, then advanced by 11.09% to $222.1 million in 2024, then slipped by 10.14% to $199.6 million in 2025, then climbed by 2.21% to $204.0 million in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $204.0 million in Q1 2026, $199.6 million in Q4 2025, and $200.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 5.87 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 7.28 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 246.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 3.43 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 1.09 Bn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 446.58 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 14.12 Mn |
| 10 | Houlihan Lokey | 8.58 Bn | 7.39 Bn | - | 204.00 Mn |
Historic Data
Download 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 |