Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRestructuring CostsRevenueShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

Houlihan Lokey (HLI) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Houlihan Lokey (HLI) over the last 12 years, with Q4 2025 value amounting to $556.3 million.

  • Houlihan Lokey's Operating Expenses rose 1164.22% to $556.3 million in Q4 2025 from the same period last year, while for Dec 2025 it was $2.1 billion, marking a year-over-year increase of 1838.7%. This contributed to the annual value of $1.9 billion for FY2025, which is 2167.71% up from last year.
  • Per Houlihan Lokey's latest filing, its Operating Expenses stood at $556.3 million for Q4 2025, which was up 1164.22% from $508.1 million recorded in Q3 2025.
  • Over the past 5 years, Houlihan Lokey's Operating Expenses peaked at $639.5 million during Q4 2021, and registered a low of $265.0 million during Q2 2021.
  • Moreover, its 5-year median value for Operating Expenses was $407.4 million (2022), whereas its average is $425.2 million.
  • Per our database at Business Quant, Houlihan Lokey's Operating Expenses surged by 8191.67% in 2021 and then crashed by 4178.2% in 2022.
  • Houlihan Lokey's Operating Expenses (Quarter) stood at $639.5 million in 2021, then tumbled by 41.78% to $372.3 million in 2022, then grew by 11.35% to $414.6 million in 2023, then increased by 20.2% to $498.3 million in 2024, then grew by 11.64% to $556.3 million in 2025.
  • Its last three reported values are $556.3 million in Q4 2025, $508.1 million for Q3 2025, and $515.5 million during Q2 2025.