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
DateValue
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