Houlihan Lokey (HLI) Receivables - Net (2015 - 2025)

Houlihan Lokey (HLI) has reported Receivables - Net for 11 consecutive years, with $210.9 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Receivables - Net rose 26.51% year-over-year to $210.9 million; the TTM figure through Dec 2025 stood at $210.9 million (up 26.51% YoY), while the FY2025 annual figure was $257.3 million, up 28.9% from the prior year.
• Receivables - Net came in at $210.9 million for Q4 2025 at Houlihan Lokey, down from $251.2 million in the prior quarter.
• The five-year high for Receivables - Net was $257.3 million in Q1 2025, with the low at $90.8 million in Q2 2021.
• Average Receivables - Net over 5 years is $170.6 million, with a median of $159.7 million recorded in 2023.
• Across the five-year window, Receivables - Net jumped 148.09% in 2021 and retreated 29.55% in 2022, its largest moves.
• Year by year, Receivables - Net stood at $195.9 million in 2021, then retreated by 29.55% to $138.0 million in 2022, then grew by 10.67% to $152.8 million in 2023, then grew by 9.12% to $166.7 million in 2024, then advanced by 26.51% to $210.9 million in 2025.
• According to Business Quant data, Receivables - Net over the past three periods registered $210.9 million, $251.2 million, and $218.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.