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

Houlihan Lokey (HLI) has reported Tax Provisions for 12 consecutive years, with $53.1 million the latest figure, recorded in 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 came in at $53.1 million for Q4 2025 at Houlihan Lokey, up from $48.3 million in the prior quarter.
• The five-year high for Tax Provisions was $74.7 million in Q4 2021, with the low at $517000.0 in Q2 2025.
• Average Tax Provisions over 5 years is $31.0 million, with a median of $27.4 million recorded in 2023.
• Across the five-year window, Tax Provisions jumped 1028.78% in 2021 and plunged 95.27% in 2025, its largest moves.
• Year by year, Tax Provisions stood at $74.7 million in 2021, then tumbled 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 advanced by 6.59% to $53.1 million in 2025.
• According to Business Quant data, Tax Provisions over the past three periods registered $53.1 million, $48.3 million, and $517000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.