Houlihan Lokey (HLI) Other Operating Expenses (2014 - 2025)

Houlihan Lokey has reported Other Operating Expenses for 12 years, with the latest figure at $498.9 million in Q4 2025.

• Other Operating Expenses for Q4 2025 came in at $498.9 million, up 12.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 16.14% YoY), and the FY2025 annual result was $1.7 billion, up 22.7% from the prior year.
• Other Operating Expenses grew to $498.9 million in Q4 2025, from $456.0 million in the prior quarter.
• Over five years, Other Operating Expenses peaked at $612.8 million in Q4 2021 and troughed at $247.9 million in Q2 2021.
• A 5-year average of $387.1 million and a median of $367.7 million in 2023 frame the typical range for Other Operating Expenses.
• The widest annual swing landed in 2021, when Other Operating Expenses soared 88.87%; it then slumped 43.75% in 2022.
• A 5-year view of Other Operating Expenses shows it stood at $612.8 million in 2021, then slumped by 43.75% to $344.7 million in 2022, then advanced by 6.92% to $368.6 million in 2023, then gained by 20.83% to $445.3 million in 2024, then grew by 12.03% to $498.9 million in 2025.
• Per Business Quant data, the three most recent Other Operating Expenses figures were $498.9 million in Q4 2025, $456.0 million in Q3 2025, and $456.0 million in Q2 2025.