Houlihan Lokey Inc. (HLI) Financials
Income statement, balance sheet, and financial data
Annual Financials
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 2.6B | 2.4B | 1.9B | 1.8B | 2.3B |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | 772.3M | 571.1M | 557.1M | 795.3M |
| Operating Income | 527M | 501.5M | 362.9M | 341.7M | 612.9M |
| Net Income | 425.7M | 399.7M | 280.3M | 254.2M | 437.8M |
| EPS (Basic) | $6.40 | $6.08 | $4.36 | $4.01 | $6.74 |
| EPS (Diluted) | $6.22 | $5.82 | $4.11 | $3.76 | $6.41 |
| Balance Sheet | |||||
| Total Assets | 4.3B | 3.8B | 3.2B | 3B | 2.9B |
| Total Liabilities | 1.9B | 1.6B | 1.3B | 1.4B | 1.4B |
| Stockholders' Equity | — | — | — | — | — |
| Cash & Equivalents | 1.2B | 971M | 721.2M | 714.4M | 833.7M |
| Total Debt | — | — | — | — | — |
Quarterly Financials
| Metric | Q1 2027 | Q1 2027 | Q3 2026 | Q2 2026 | Q1 2026 | Q1 2026 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 511M | — | 2B | 1.3B | 605.3M | — | 1.7B | 1.1B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | 154M | — | 641.3M | 410.6M | 187.8M | — | 546.3M | 347.2M |
| Operating Income | 78M | — | 401.9M | 241.1M | 89.8M | — | 362.3M | 226.2M |
| Net Income | 78M | — | 325.9M | 209.3M | 97.5M | — | 277.8M | 182.5M |
| EPS (Basic) | $1.17 | — | $4.89 | $3.14 | $1.47 | — | $4.24 | $2.79 |
| EPS (Diluted) | $1.15 | — | $4.74 | $3.04 | $1.42 | — | $4.05 | $2.67 |
| Balance Sheet | ||||||||
| Total Assets | 3.7B | 4.3B | 3.9B | 3.8B | 3.5B | 3.8B | 3.5B | 3.2B |
| Total Liabilities | 1.4B | 1.9B | 1.6B | 1.5B | 1.3B | 1.6B | 1.4B | 1.3B |
| Stockholders' Equity | 2.3B | 2.3B | — | — | 2.2B | 2.2B | — | — |
| Cash & Equivalents | 745M | 1.2B | 1.1B | 923.6M | 793.8M | 971M | 799.3M | 691.4M |
| Total Debt | — | — | — | — | — | — | — | — |