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| 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 |