Houlihan Lokey (HLI) Revenue (2014 - 2025)

Houlihan Lokey has reported Revenue for 12 years, with the latest figure at $717.1 million in Q4 2025.

• On a quarterly basis, Revenue rose 13.03% year-over-year to $717.1 million in Q4 2025; TTM through Dec 2025 was $2.6 billion, a 18.03% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, up 24.81% from the prior year.
• Revenue was $717.1 million for Q4 2025 at Houlihan Lokey, up from $659.5 million in the prior quarter.
• The five-year high for Revenue was $888.8 million in Q4 2021, with the low at $261.2 million in Q1 2022.
• Average Revenue over 5 years is $532.8 million, with a median of $512.4 million recorded in 2023.
• The sharpest annual moves came in 2021 and 2022: Revenue surged 94.85% in 2021, then tumbled 48.64% in 2022.
• Over 5 years, Revenue stood at $888.8 million in 2021, then sank by 48.64% to $456.5 million in 2022, then climbed by 11.97% to $511.1 million in 2023, then advanced by 24.12% to $634.4 million in 2024, then gained by 13.03% to $717.1 million in 2025.
• The last three Revenue figures came in at $717.1 million (Q4 2025), $659.5 million (Q3 2025), and $605.0 million (Q2 2025), per Business Quant data.