Houlihan Lokey (HLI) Net Income (2014 - 2025)

Houlihan Lokey has reported Net Income for 12 years, with the latest figure at $116.5 million in Q4 2025.

• Net Income for Q4 2025 came in at $116.5 million, up 22.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $326.3 million (down 18.36% YoY), and the FY2025 annual result was $399.7 million, up 42.6% from the prior year.
• Net Income rose to $116.5 million in Q4 2025, from $111.8 million in the prior quarter.
• Over five years, Net Income peaked at $174.3 million in Q4 2021 and troughed at $59.7 million in Q1 2023.
• A 5-year average of $89.9 million and a median of $87.4 million in 2021 frame the typical range for Net Income.
• The widest annual swing landed in 2021, when Net Income soared 131.37%; it then plunged 63.83% in 2022.
• A 5-year view of Net Income shows it stood at $174.3 million in 2021, then plunged by 63.83% to $63.1 million in 2022, then climbed by 12.29% to $70.8 million in 2023, then jumped by 34.6% to $95.3 million in 2024, then gained by 22.29% to $116.5 million in 2025.
• Per Business Quant data, the three most recent Net Income figures were $116.5 million in Q4 2025, $111.8 million in Q3 2025, and $98.0 million in Q2 2025.