Houlihan Lokey (HLI) Non Operating Income (2015 - 2025)
Houlihan Lokey (HLI) recorded quarterly Non Operating Income of $8.9 million in Q4 2025, up 2.36% quarter-over-quarter from $8.7 million in Q3 2025, and down 1.09% on a YoY basis from $9.0 million in Q4 2024.
Houlihan Lokey (HLI) Non Operating Income (2015 - 2025) Analysis & Trends
Houlihan Lokey's Non Operating Income history runs 11 years deep, the most recent figure standing at $8.9 million for Q4 2025.
- In Q4 2025, Non Operating Income fell 1.09% year-over-year to $8.9 million; the TTM figure through Dec 2025 stood at $36.1 million (up 3.41% YoY), while the FY2025 annual figure was $29.8 million, up 7.63% from the prior year.
- Non Operating Income was $8.9 million for Q4 2025 at Houlihan Lokey, up from $8.7 million in the prior quarter.
- In the past five years, Non Operating Income ranged from a high of $15.3 million in Q1 2024 to a low of -$10.3 million in Q1 2023.
- Historically, Non Operating Income has averaged $2.8 million across 5 years, with a median of $3.2 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Non Operating Income sank 1831.68% in 2022, then soared 1171.94% in 2023.
- A 5-year view of Non Operating Income shows it stood at -$253000.0 in 2021, then plunged by 122.53% to -$563000.0 in 2022, then jumped by 1171.94% to $6.0 million in 2023, then soared by 49.4% to $9.0 million in 2024, then dropped by 1.09% to $8.9 million in 2025.
- The last three Non Operating Income figures came in at $8.9 million (Q4 2025), $8.7 million (Q3 2025), and $8.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 222.00 Mn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 66.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 64.38 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | -1.16 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 11.68 Mn |
| 10 | Houlihan Lokey | 9.13 Bn | 8.07 Bn | 697.95 Mn | 8.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |