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

Houlihan Lokey's Tax Provisions history runs 12 years deep, the most recent figure standing at $53.1 million for Q4 2025.

• In Q4 2025, Tax Provisions rose 6.59% year-over-year to $53.1 million; the TTM figure through Dec 2025 stood at $130.2 million (down 7.15% YoY), while the FY2025 annual figure was $131.6 million, up 19.4% from the prior year.
• Tax Provisions was $53.1 million for Q4 2025 at Houlihan Lokey, up from $48.3 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $74.7 million in Q4 2021 to a low of $517000.0 in Q2 2025.
• Historically, Tax Provisions has averaged $31.0 million across 5 years, with a median of $27.4 million in 2023.
• The sharpest annual moves came in 2021 and 2025: Tax Provisions jumped 1028.78% in 2021, then tumbled 95.27% in 2025.
• A 5-year view of Tax Provisions shows it stood at $74.7 million in 2021, then slumped by 72.48% to $20.6 million in 2022, then surged by 54.54% to $31.8 million in 2023, then soared by 56.79% to $49.8 million in 2024, then increased by 6.59% to $53.1 million in 2025.
• The last three Tax Provisions figures came in at $53.1 million (Q4 2025), $48.3 million (Q3 2025), and $517000.0 (Q2 2025), per Business Quant data.