Houlihan Lokey (HLI) Net Cash Flow (2014 - 2025)

Houlihan Lokey's Net Cash Flow history runs 12 years deep, the most recent figure standing at $142.7 million for Q4 2025.

• In Q4 2025, Net Cash Flow rose 1.38% year-over-year to $142.7 million; the TTM figure through Dec 2025 stood at $223.7 million (down 16.54% YoY), while the FY2025 annual figure was $254.5 million, up 3308.08% from the prior year.
• Net Cash Flow was $142.7 million for Q4 2025 at Houlihan Lokey, up from $138.6 million in the prior quarter.
• In the past five years, Net Cash Flow ranged from a high of $219.2 million in Q3 2024 to a low of -$333.5 million in Q2 2022.
• Historically, Net Cash Flow has averaged $21.6 million across 5 years, with a median of $93.0 million in 2021.
• The sharpest annual moves came in 2021 and 2022: Net Cash Flow jumped 7249.2% in 2021, then tumbled 414.33% in 2022.
• A 5-year view of Net Cash Flow shows it stood at $138.4 million in 2021, then tumbled by 74.61% to $35.1 million in 2022, then gained by 21.1% to $42.5 million in 2023, then jumped by 230.83% to $140.8 million in 2024, then advanced by 1.38% to $142.7 million in 2025.
• The last three Net Cash Flow figures came in at $142.7 million (Q4 2025), $138.6 million (Q3 2025), and -$218.6 million (Q2 2025), per Business Quant data.