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.

• Revenue for Q4 2025 came in at $717.1 million, up 13.03% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.6 billion (up 18.03% YoY), and the FY2025 annual result was $2.4 billion, up 24.81% from the prior year.
• Revenue improved to $717.1 million in Q4 2025, from $659.5 million in the prior quarter.
• Over five years, Revenue peaked at $888.8 million in Q4 2021 and troughed at $261.2 million in Q1 2022.
• A 5-year average of $532.8 million and a median of $512.4 million in 2023 frame the typical range for Revenue.
• The widest annual swing landed in 2021, when Revenue jumped 94.85%; it then tumbled 48.64% in 2022.
• A 5-year view of Revenue shows it stood at $888.8 million in 2021, then tumbled by 48.64% to $456.5 million in 2022, then gained by 11.97% to $511.1 million in 2023, then rose by 24.12% to $634.4 million in 2024, then increased by 13.03% to $717.1 million in 2025.
• Per Business Quant data, the three most recent Revenue figures were $717.1 million in Q4 2025, $659.5 million in Q3 2025, and $605.0 million in Q2 2025.