Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025)
Houlihan Lokey (HLI) recorded Restructuring Costs of $17.57 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 37.3% from $12.8 million a year earlier but down 0.4% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Restructuring Costs (2023 - 2025) Analysis & Trends
On a TTM basis, Houlihan Lokey's Restructuring Costs came in at $76.9 million as of Dec 31, 2025, up 76.7% year-over-year; for FY2025 (ended Mar 31, 2025), it was $54.78 million, up 51.2% from FY2024.
- Across earlier fiscal years, Restructuring Costs came in at $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 increased for five consecutive quarters, with growth averaging 60.3% over the last six quarters.
- Per Business Quant, the preceding three fiscal quarters came in at $17.64 million (Q2 2026), $21 million (Q1 2026) and $20.69 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.39 Bn | 94.48 Bn | - |
| 2 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - |
| 3 | Robinhood Markets | 88.39 Bn | 69.42 Bn | - |
| 4 | Nasdaq | 53.41 Bn | 50.83 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.99 Bn | 14.10 Bn | - |
| 6 | Cboe Global Markets | 32.94 Bn | 24.60 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.72 Bn | 21.04 Bn | - |
| 8 | Tradeweb Markets | 25.29 Bn | 17.31 Bn | - |
| 9 | Circle Internet | 21.31 Bn | 15.19 Bn | 288.85 Mn |
| 10 | Houlihan Lokey | 8.70 Bn | 4.74 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 17.57 Mn |
| Sep 30, 2025 | 17.64 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();