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Houlihan Lokey Inc

HLI

NYSE

Financial Services

$129.05

USD

+0.99 (+0.77%)

At close: Aug 21, 2026, 4:00 PM EDT

Market Cap $8.75B

Volume 797.6K

Revenue

$2.62B

TTM

+9.5%

YoY

Gross Margin

100%

TTM

0.0%

YoY

Net Income

$424.64M

TTM

+6.2%

YoY

Operating Cash Flow

$703.76M

TTM

-17.1%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q4 2025

Q1 2026

Q2 2026

Q3 2026

Q4 2026

Revenue

666.4

605.0

659.5

717.1

635.6

YoY Growth

+28.0%

+17.8%

+14.7%

+13.0%

-4.6%

Cost of Revenue

0.0

0.0

0.0

0.0

0.0

Gross Profit

666.4

605.0

659.5

717.1

635.6

Selling, General & Administrative

454.6

422.0

447.8

491.8

442.2

Other Operating Expenses

55.4

77.0

50.1

56.2

60.3

Total Operating Expenses

525.4

515.0

508.1

556.3

510.5

Operating Income

141.1

90.0

151.3

160.7

125.1

EBITDA

177.2

127.0

179.3

186.6

151.1

Other Income / Expense

9.2

8.0

8.7

8.9

9.4

Total Other Income / Expense

9.2

8.0

8.7

8.9

9.4

Income Before Income Taxes

150.3

98.0

160.1

169.6

134.5

Income Taxes

28.3

0.0

48.3

53.1

36.2

Net Income

121.9

98.0

111.8

116.5

98.3

Consolidated Net Income / Loss

121.9

98.0

111.8

116.5

98.3

Net Income Attributable to Common Shareholders

121.9

98.0

111.8

116.5

99.8

Basic EPS

$1.84

$1.47

$1.67

$1.75

$1.50

Diluted EPS

$1.77

$1.42

$1.63

$1.70

$1.47

Basic Shares Outstanding

66.2M

66.2M

67.0M

66.6M

66.4M

Diluted Shares Outstanding

68.9M

68.9M

68.6M

68.4M

67.8M