Houlihan Lokey (HLI) Revenue (2014 - 2025)
Houlihan Lokey (HLI) recorded Revenue of $717.07 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 13.0% from $634.43 million a year earlier and up 8.7% from the prior quarter.
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Analysis
Houlihan Lokey (HLI) Revenue (2014 - 2025) Analysis & Trends
On a TTM basis, Houlihan Lokey's Revenue came in at $2.65 billion as of Dec 31, 2025, up 18.0% year-over-year; for FY2025 (ended Mar 31, 2025), it was $2.39 billion, up 24.8% from FY2024.
- Annual Revenue has a five-year compound annual growth rate of 15.6% (FY2020 to FY2025).
- Across earlier fiscal years, Revenue came in at $1.91 billion in FY2024 (+5.8%), $1.81 billion in FY2023 (-20.3%), $2.27 billion in FY2022 (+48.8%) and $1.53 billion in FY2021 (+31.6%).
- The fiscal Q3 2026 figure is the highest quarterly Revenue since fiscal Q3 2022.
- On a year-over-year basis, Revenue has increased for nine consecutive quarters, with growth averaging 20.2% over the last eight quarters.
- Peak year-over-year performance for Revenue in the last five years was growth of 94.9% in fiscal Q2 2022, against a decline of 48.6% in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $659.45 million (Q2 2026), $605 million (Q1 2026) and $666.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 107.16 Bn | 95.26 Bn | - | 1.71 Bn |
| 2 | Intercontinental Exchange | 89.14 Bn | 82.88 Bn | - | 3.61 Bn |
| 3 | Robinhood Markets | 89.00 Bn | 70.04 Bn | - | 1.31 Bn |
| 4 | Nasdaq | 53.31 Bn | 50.74 Bn | 1.50 Bn | 2.53 Bn |
| 5 | Interactive Brokers | 36.97 Bn | 14.08 Bn | - | 1.90 Bn |
| 6 | Cboe Global Markets | 32.88 Bn | 24.54 Bn | 731.60 Mn | 1.44 Bn |
| 7 | LPL Financial Holdings | 25.65 Bn | 20.97 Bn | - | 5.19 Bn |
| 8 | Tradeweb Markets | 25.05 Bn | 17.07 Bn | - | 558.95 Mn |
| 9 | Circle Internet | 21.09 Bn | 14.97 Bn | 288.85 Mn | 701.32 Mn |
| 10 | Houlihan Lokey | 8.71 Bn | 4.75 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 717.07 Mn |
| Sep 30, 2025 | 659.45 Mn |
| Jun 30, 2025 | 605.00 Mn |
| Mar 31, 2025 | 666.42 Mn |
| Dec 31, 2024 | 634.43 Mn |
| Sep 30, 2024 | 574.96 Mn |
| Jun 30, 2024 | 513.61 Mn |
| Mar 31, 2024 | 520.46 Mn |
| Dec 31, 2023 | 511.13 Mn |
| Sep 30, 2023 | 466.99 Mn |
| Jun 30, 2023 | 415.83 Mn |
| Mar 31, 2023 | 444.77 Mn |
| Dec 31, 2022 | 456.50 Mn |
| Sep 30, 2022 | 489.54 Mn |
| Jun 30, 2022 | 418.64 Mn |
| Mar 31, 2022 | 471.17 Mn |
| Dec 31, 2021 | 888.80 Mn |
| Sep 30, 2021 | 537.27 Mn |
| Jun 30, 2021 | 372.72 Mn |
| Mar 31, 2021 | 500.70 Mn |
API Access
Houlihan Lokey Revenue 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=revenue&ticker=HLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=HLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();