Houlihan Lokey (HLI) Operating Leases (2019 - 2026)

Houlihan Lokey has reported Operating Leases for 8 years, with the latest figure at $492.0 million in Q1 2026.

• Operating Leases for Q1 2026 came in at $492.0 million, up 12.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $492.0 million (up 12.28% YoY), and the FY2026 annual result was $492.0 million, up 12.28% from the prior year.
• Operating Leases declined to $492.0 million in Q1 2026, from $497.1 million in the prior quarter.
• Over five years, Operating Leases peaked at $497.1 million in Q4 2025 and troughed at $188.0 million in Q2 2022.
• A 5-year average of $383.3 million and a median of $429.1 million in 2023 frame the typical range for Operating Leases.
• The widest annual swing landed in 2023, when Operating Leases soared 128.19%; it then climbed 0.39% in 2025.
• A 5-year view of Operating Leases shows it stood at $283.7 million in 2022, then soared by 48.07% to $420.1 million in 2023, then grew by 3.08% to $433.0 million in 2024, then climbed by 14.8% to $497.1 million in 2025, then dropped by 1.03% to $492.0 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $492.0 million in Q1 2026, $497.1 million in Q4 2025, and $432.9 million in Q3 2025.