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

Houlihan Lokey's Restructuring Costs history runs 3 years deep, the most recent figure standing at $17.6 million for 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 was $17.6 million for Q4 2025 at Houlihan Lokey, roughly flat from $17.6 million in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $20.7 million in Q1 2025 to a low of $7.0 million in Q3 2024.
• Historically, Restructuring Costs has averaged $13.9 million across 3 years, with a median of $13.5 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Restructuring Costs decreased 24.66% in 2024, then jumped 150.64% in 2025.
• A 3-year view of Restructuring Costs shows it 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.
• The last three Restructuring Costs figures came in at $17.6 million (Q4 2025), $17.6 million (Q3 2025), and $20.5 million (Q2 2025), per Business Quant data.