Houlihan Lokey (HLI) Restructuring Costs (2023 - 2026)
Houlihan Lokey (HLI) recorded Restructuring Costs of $15 million in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 11.8% from $17 million a year earlier but up 7.1% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Restructuring Costs (2023 - 2026) Analysis & Trends
On a TTM basis, Houlihan Lokey's Restructuring Costs came in at $64.43 million as of Sep 30, 2026, down 9.9% year-over-year; for FY2026 (ended Mar 31, 2026), it was $73.62 million, up 34.4% from FY2025.
- Annual Restructuring Costs has increased for three straight fiscal years, with a three-year compound annual growth rate of 28.0% (FY2023 to FY2026).
- Across earlier fiscal years, Restructuring Costs came in at $54.78 million in FY2025 (+51.2%), $36.23 million in FY2024 (+3.3%) and $35.07 million in FY2023.
- Quarterly Restructuring Costs has ranged from $7.04 million in fiscal Q2 2025 to $21 million in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Restructuring Costs has declined for three consecutive quarters, with growth averaging 39.8% over the last eight quarters.
- Peak year-over-year performance for Restructuring Costs in the last five years was growth of 141.5% in fiscal Q2 2026, against a decline of 33.3% in fiscal Q1 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $14 million (Q1 2027), $17.86 million (Q4 2026) and $17.57 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - |
| 10 | Houlihan Lokey | 9.82 Bn | 5.99 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.00 Mn |
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | 17.86 Mn |
| Dec 31, 2025 | 17.57 Mn |
| Sep 30, 2025 | 17.00 Mn |
| Jun 30, 2025 | 21.00 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 |
API Access
Houlihan Lokey Restructuring Costs API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=restructuring-costs&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "ticker": "HLI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=restructuring-costs&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();