Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025)

Houlihan Lokey (HLI) has reported Restructuring Costs for 3 consecutive years, with $17.6 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Restructuring Costs rose 37.29% year-over-year to $17.6 million; the TTM figure through Dec 2025 stood at $76.5 million (up 75.63% YoY), while the FY2025 annual figure was $54.8 million, up 51.18% from the prior year.
• Restructuring Costs came in at $17.6 million for Q4 2025 at Houlihan Lokey, roughly flat from $17.6 million in the prior quarter.
• The five-year high for Restructuring Costs was $20.7 million in Q1 2025, with the low at $7.0 million in Q3 2024.
• Average Restructuring Costs over 3 years is $13.9 million, with a median of $13.5 million recorded in 2024.
• Across the five-year window, Restructuring Costs declined 24.66% in 2024 and jumped 150.64% in 2025, its largest moves.
• Year by year, Restructuring Costs stood at $9.7 million in 2023, then jumped by 32.02% to $12.8 million in 2024, then soared by 37.29% to $17.6 million in 2025.
• According to Business Quant data, Restructuring Costs over the past three periods registered $17.6 million, $17.6 million, and $20.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.