Houlihan Lokey (HLI) Tax Provisions (2014 - 2025)

Houlihan Lokey has reported Tax Provisions for 12 years, with the latest figure at $53.1 million in Q4 2025.

• Tax Provisions for Q4 2025 came in at $53.1 million, up 6.59% year-over-year; the trailing twelve-month figure through Dec 2025 was $129.7 million (down 7.52% YoY), and the FY2025 annual result was $131.6 million, up 19.4% from the prior year.
• Tax Provisions climbed to $53.1 million in Q4 2025, from $48.3 million in the prior quarter.
• Over five years, Tax Provisions peaked at $74.7 million in Q4 2021 and troughed at $5.0 million in Q2 2022.
• A 5-year average of $32.6 million and a median of $28.3 million in 2025 frame the typical range for Tax Provisions.
• The widest annual swing landed in 2021, when Tax Provisions jumped 1028.78%; it then plunged 76.9% in 2022.
• A 5-year view of Tax Provisions shows it stood at $74.7 million in 2021, then tumbled by 72.48% to $20.6 million in 2022, then jumped by 54.54% to $31.8 million in 2023, then surged by 56.79% to $49.8 million in 2024, then grew by 6.59% to $53.1 million in 2025.
• Per Business Quant data, the three most recent Tax Provisions figures were $53.1 million in Q4 2025, $48.3 million in Q3 2025, and $28.3 million in Q1 2025.