Houlihan Lokey (HLI) Operating Income (2014 - 2026)
Houlihan Lokey (HLI) reported Operating Income of $154 million for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 2.0% from $151 million a year earlier and up 97.4% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Operating Income (2014 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Houlihan Lokey's Operating Income came in at $517.88 million, down 0.1% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $527.02 million, up 4.9% from FY2025.
- Operating Income has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 5.2% (FY2021 to FY2026).
- By fiscal year, Operating Income came in at $502.57 million in FY2025 (+34.7%), $373.23 million in FY2024 (+9.2%), $341.74 million in FY2023 (-44.2%) and $612.86 million in FY2022 (+50.2%).
- Five-year quarterly Operating Income spans a low of $73.35 million in fiscal Q1 2024 and a high of $249.26 million in fiscal Q3 2022.
- Year over year, Operating Income gained in five of the last eight quarters, with growth averaging 9.0%.
- The high point for year-over-year Operating Income in five years was fiscal Q3 2022 (growth of 57.3%); the low point was fiscal Q3 2023 (a decline of 66.2%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $78 million (Q1 2027), $125.15 million (Q4 2026) and $160.73 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - | 1.14 Bn |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - | - |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - | 1.41 Bn |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - | - |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn | 732.00 Mn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn | 534.30 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - | - |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | - |
| 10 | Houlihan Lokey | 9.82 Bn | 5.99 Bn | - | 154.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 154.00 Mn |
| Jun 30, 2026 | 78.00 Mn |
| Mar 31, 2026 | 125.15 Mn |
| Dec 31, 2025 | 160.73 Mn |
| Sep 30, 2025 | 151.00 Mn |
| Jun 30, 2025 | 90.00 Mn |
| Mar 31, 2025 | 140.03 Mn |
| Dec 31, 2024 | 136.10 Mn |
| Sep 30, 2024 | 130.67 Mn |
| Jun 30, 2024 | 94.74 Mn |
| Mar 31, 2024 | 102.70 Mn |
| Dec 31, 2023 | 96.54 Mn |
| Sep 30, 2023 | 90.28 Mn |
| Jun 30, 2023 | 73.35 Mn |
| Mar 31, 2023 | 90.62 Mn |
| Dec 31, 2022 | 84.17 Mn |
| Sep 30, 2022 | 89.37 Mn |
| Jun 30, 2022 | 77.57 Mn |
| Mar 31, 2022 | 98.61 Mn |
| Dec 31, 2021 | 249.26 Mn |
API Access
Houlihan Lokey 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=operating-income&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=operating-income&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();