Houlihan Lokey (HLI) Non Operating Income (2015 - 2025)
Houlihan Lokey's Non Operating Income was $8.92 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 1.1% from $9.02 million a year earlier but up 2.4% from the prior quarter.
Houlihan Lokey (HLI) Non Operating Income (2015 - 2025) Analysis & Trends
On a trailing twelve-month basis, Houlihan Lokey's Non Operating Income was $35.85 million through Dec 31, 2025, up 2.7% year-over-year; for FY2025 (ended Mar 31, 2025), it came in at $29.79 million, up 7.6% from FY2024.
- Non Operating Income shows a five-year compound annual growth rate of 37.6% (FY2020 to FY2025).
- In earlier fiscal years, Non Operating Income was $27.68 million in FY2024, -$17.74 million in FY2023, -$8.93 million in FY2022 and $1.07 million in FY2021 (-82.3%).
- Quarterly Non Operating Income has moved between -$10.32 million (fiscal Q4 2023) and $15.34 million (fiscal Q4 2024) over five years.
- Compared with a year earlier, Non Operating Income was higher in five of the last seven quarters, with growth averaging 38.1%.
- The best year-over-year quarter for Non Operating Income over five years was fiscal Q1 2025 (growth of 70.8%); the worst was fiscal Q1 2022 (a decline of 91.3%).
- Per Business Quant data, HLI's Non Operating Income in the three fiscal quarters before Q3 2026 was $8.71 million (Q2 2026), $8 million (Q1 2026) and $10.22 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.93 Bn | 98.03 Bn | - | 220.60 Mn |
| 2 | Intercontinental Exchange | 91.85 Bn | 85.66 Bn | - | -104.00 Mn |
| 3 | Robinhood Markets | 86.83 Bn | 67.92 Bn | - | - |
| 4 | Nasdaq | 57.69 Bn | 55.13 Bn | 1.48 Bn | - |
| 5 | Interactive Brokers | 37.07 Bn | 30.53 Bn | - | - |
| 6 | Cboe Global Markets | 34.37 Bn | 26.02 Bn | 731.60 Mn | - |
| 7 | Tradeweb Markets | 28.54 Bn | 21.25 Bn | - | - |
| 8 | LPL Financial Holdings | 25.11 Bn | 20.43 Bn | - | - |
| 9 | Circle Internet | 20.23 Bn | 14.11 Bn | 288.85 Mn | 17.95 Mn |
| 10 | Houlihan Lokey | 9.26 Bn | 5.41 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.92 Mn |
| Sep 30, 2025 | 8.71 Mn |
| Jun 30, 2025 | 8.00 Mn |
| Mar 31, 2025 | 10.22 Mn |
| Dec 31, 2024 | 9.02 Mn |
| Sep 30, 2024 | 5.42 Mn |
| Jun 30, 2024 | 5.13 Mn |
| Mar 31, 2024 | 15.34 Mn |
| Dec 31, 2023 | 6.04 Mn |
| Sep 30, 2023 | 3.30 Mn |
| Jun 30, 2023 | 3.01 Mn |
| Mar 31, 2023 | -10.32 Mn |
| Dec 31, 2022 | -563,000.00 |
| Sep 30, 2022 | -5.10 Mn |
| Jun 30, 2022 | -1.75 Mn |
| Mar 31, 2022 | -7.92 Mn |
| Dec 31, 2021 | -253,000.00 |
| Sep 30, 2021 | -853,000.00 |
| Jun 30, 2021 | 101,000.00 |
| Mar 31, 2021 | -473,000.00 |
Houlihan Lokey Non Operating Income 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=non-operating-income&ticker=HLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-income", "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=non-operating-income&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();