Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025)
Houlihan Lokey (HLI) posted quarterly Restructuring Costs of $17.6 million for Q4 2025, up 37.29% year-over-year from $12.8 million in Q4 2024, and little changed on a QoQ basis from $17.6 million in Q3 2025.
Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025) Analysis & Trends
Houlihan Lokey has reported Restructuring Costs for 3 years, with the latest figure at $17.6 million in Q4 2025.
- Restructuring Costs for Q4 2025 came in at $17.6 million, up 37.29% year-over-year; the trailing twelve-month figure through Dec 2025 was $76.9 million (up 76.66% YoY), and the FY2025 annual result was $54.8 million, up 51.18% from the prior year.
- Restructuring Costs held at $17.6 million in Q4 2025, from $17.6 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $21.0 million in Q2 2025 and troughed at $7.0 million in Q3 2024.
- A 3-year average of $13.9 million and a median of $13.5 million in 2024 frame the typical range for Restructuring Costs.
- The widest annual swing landed in 2024, when Restructuring Costs declined 24.66%; it then jumped 150.64% in 2025.
- A 3-year view of Restructuring Costs shows it stood at $9.7 million in 2023, then soared by 32.02% to $12.8 million in 2024, then surged by 37.29% to $17.6 million in 2025.
- Per Business Quant data, the three most recent Restructuring Costs figures were $17.6 million in Q4 2025, $17.6 million in Q3 2025, and $21.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | Houlihan Lokey | 8.58 Bn | 7.39 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.57 Mn |
| Sep 30, 2025 | 17.64 Mn |
| Jun 30, 2025 | 20.55 Mn |
| Mar 31, 2025 | 20.69 Mn |
| Dec 31, 2024 | 12.80 Mn |
| Sep 30, 2024 | 7.04 Mn |
| Jun 30, 2024 | 14.25 Mn |
| Mar 31, 2024 | 9.45 Mn |
| Dec 31, 2023 | 9.69 Mn |
| Sep 30, 2023 | 9.34 Mn |