Houlihan Lokey (HLI) Profit After Tax (2014 - 2025)

Houlihan Lokey (HLI) posted quarterly Profit After Tax of $116.5 million for Q4 2025, up 22.29% year-over-year from $95.3 million in Q4 2024, and up 4.26% on a QoQ basis from $111.8 million in Q3 2025.

Houlihan Lokey (HLI) Profit After Tax (2014 - 2025) Analysis & Trends

Houlihan Lokey has reported Profit After Tax for 12 years, with the latest figure at $116.5 million in Q4 2025.

  • Profit After Tax for Q4 2025 came in at $116.5 million, up 22.29% year-over-year; the trailing twelve-month figure through Dec 2025 was $451.6 million (up 18.35% YoY), and the FY2025 annual result was $403.0 million, up 43.79% from the prior year.
  • Profit After Tax rose to $116.5 million in Q4 2025, from $111.8 million in the prior quarter.
  • Over five years, Profit After Tax peaked at $174.3 million in Q4 2021 and troughed at $59.7 million in Q1 2023.
  • A 5-year average of $95.7 million and a median of $95.8 million in 2023 frame the typical range for Profit After Tax.
  • The widest annual swing landed in 2021, when Profit After Tax jumped 108.14%; it then slumped 49.94% in 2022.
  • A 5-year view of Profit After Tax shows it stood at $174.3 million in 2021, then slumped by 49.94% to $87.3 million in 2022, then rose by 10.45% to $96.4 million in 2023, then decreased by 1.12% to $95.3 million in 2024, then gained by 22.29% to $116.5 million in 2025.
  • Per Business Quant data, the three most recent Profit After Tax figures were $116.5 million in Q4 2025, $111.8 million in Q3 2025, and $98.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 5.65 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 6.63 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 2.48 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 432.91 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 573.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -254.94 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 1.09 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 379.26 Mn
10 Houlihan Lokey 6.95 Bn 5.88 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 116.10 Mn
Sep 30, 2025 111.78 Mn
Jun 30, 2025 97.53 Mn
Mar 31, 2025 125.25 Mn
Dec 31, 2024 95.30 Mn
Sep 30, 2024 124.91 Mn
Jun 30, 2024 88.94 Mn
Mar 31, 2024 68.62 Mn
Dec 31, 2023 70.80 Mn
Sep 30, 2023 47.15 Mn
Jun 30, 2023 64.36 Mn
Mar 31, 2023 86.32 Mn
Dec 31, 2022 87.26 Mn
Sep 30, 2022 32.18 Mn
Jun 30, 2022 70.78 Mn
Mar 31, 2022 100.20 Mn
Dec 31, 2021 171.91 Mn
Sep 30, 2021 112.88 Mn
Jun 30, 2021 85.96 Mn
Mar 31, 2021 76.96 Mn