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 | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | Houlihan Lokey | 6.95 Bn | 5.88 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 |