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

Houlihan Lokey has reported Other Operating Expenses for 12 years, with the latest figure at $491.9 million in Q4 2025.

• On a quarterly basis, Other Operating Expenses rose 11.84% year-over-year to $491.9 million in Q4 2025; TTM through Dec 2025 was $1.8 billion, a 18.23% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 22.69% from the prior year.
• Other Operating Expenses was $491.9 million for Q4 2025 at Houlihan Lokey, up from $448.3 million in the prior quarter.
• The five-year high for Other Operating Expenses was $608.2 million in Q4 2021, with the low at $244.8 million in Q2 2021.
• Average Other Operating Expenses over 5 years is $382.5 million, with a median of $362.5 million recorded in 2023.
• The sharpest annual moves came in 2021 and 2022: Other Operating Expenses soared 90.2% in 2021, then plunged 43.79% in 2022.
• Over 5 years, Other Operating Expenses stood at $608.2 million in 2021, then slumped by 43.79% to $341.8 million in 2022, then gained by 6.33% to $363.5 million in 2023, then gained by 21.01% to $439.8 million in 2024, then rose by 11.84% to $491.9 million in 2025.
• The last three Other Operating Expenses figures came in at $491.9 million (Q4 2025), $448.3 million (Q3 2025), and $449.0 million (Q2 2025), per Business Quant data.