Houlihan Lokey (HLI) Non Operating Income (2014 - 2025)

Houlihan Lokey (HLI) posted quarterly Non Operating Income of $8.9 million for Q4 2025, down 1.09% year-over-year from $9.0 million in Q4 2024, and up 2.36% on a QoQ basis from $8.7 million in Q3 2025.

Houlihan Lokey (HLI) Non Operating Income (2014 - 2025) Analysis & Trends

Houlihan Lokey has reported Non Operating Income for 12 years, with the latest figure at $8.9 million in Q4 2025.

  • Non Operating Income for Q4 2025 came in at $8.9 million, down 1.09% year-over-year; the trailing twelve-month figure through Dec 2025 was $35.9 million (up 2.7% YoY), and the FY2025 annual result was $29.8 million, up 7.63% from the prior year.
  • Non Operating Income improved to $8.9 million in Q4 2025, from $8.7 million in the prior quarter.
  • Over five years, Non Operating Income peaked at $15.3 million in Q1 2024 and troughed at -$10.3 million in Q1 2023.
  • A 5-year average of $2.8 million and a median of $3.2 million in 2023 frame the typical range for Non Operating Income.
  • The widest annual swing landed in 2022, when Non Operating Income plunged 1831.68%; it then soared 1171.94% in 2023.
  • A 5-year view of Non Operating Income shows it stood at -$253000.0 in 2021, then sank by 122.53% to -$563000.0 in 2022, then soared by 1171.94% to $6.0 million in 2023, then surged by 49.4% to $9.0 million in 2024, then slipped by 1.09% to $8.9 million in 2025.
  • Per Business Quant data, the three most recent Non Operating Income figures were $8.9 million in Q4 2025, $8.7 million in Q3 2025, and $8.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -20.56 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 66.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Houlihan Lokey 6.95 Bn 5.88 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 8.92 Mn
Sep 30, 2025 8.71 Mn
Jun 30, 2025 8.25 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