Houlihan Lokey (HLI) Revenue (2014 - 2025)

Houlihan Lokey (HLI) has reported Revenue for 12 consecutive years, with $717.1 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Revenue rose 13.03% year-over-year to $717.1 million; the TTM figure through Dec 2025 stood at $2.6 billion (up 18.05% YoY), while the FY2025 annual figure was $2.4 billion, up 24.81% from the prior year.
• Revenue came in at $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.
• Across the five-year window, Revenue jumped 94.85% in 2021 and sank 48.64% in 2022, its largest moves.
• Year by year, Revenue stood at $888.8 million in 2021, then tumbled by 48.64% to $456.5 million in 2022, then increased by 11.97% to $511.1 million in 2023, then grew by 24.12% to $634.4 million in 2024, then climbed by 13.03% to $717.1 million in 2025.
• According to Business Quant data, Revenue over the past three periods registered $717.1 million, $659.5 million, and $605.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.