Houlihan Lokey (HLI) Receivables (2015 - 2025)

Houlihan Lokey (HLI) has reported Receivables for 11 consecutive years, with $220.6 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Receivables rose 26.7% year-over-year to $220.6 million; the TTM figure through Dec 2025 stood at $220.6 million (up 26.7% YoY), while the FY2025 annual figure was $267.0 million, up 29.43% from the prior year.
• Receivables came in at $220.6 million for Q4 2025 at Houlihan Lokey, down from $260.4 million in the prior quarter.
• The five-year high for Receivables was $267.0 million in Q1 2025, with the low at $106.8 million in Q2 2021.
• Average Receivables over 5 years is $179.0 million, with a median of $167.2 million recorded in 2023.
• Across the five-year window, Receivables jumped 143.93% in 2021 and plunged 31.36% in 2022, its largest moves.
• Year by year, Receivables stood at $210.7 million in 2021, then plunged by 31.36% to $144.6 million in 2022, then gained by 10.88% to $160.3 million in 2023, then climbed by 8.59% to $174.1 million in 2024, then climbed by 26.7% to $220.6 million in 2025.
• According to Business Quant data, Receivables over the past three periods registered $220.6 million, $260.4 million, and $228.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.