Houlihan Lokey (HLI) reported $2.6B in revenue for fiscal 2025, +9.5% year on year. That ranks #1187 by revenue among 2853 SEC filers and #134 in Financials. Net income was $424M, a net margin of 16.2%. Revenue has grown 13.0% a year on average since 2016 ($872M then). The fiscal 2025 balance sheet shows $3.9B in total assets, $1.1B in cash and $134M in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $2.6B | +9.5% | FY20252026-03-31 |
| Gross profitGrossProfit | $772M | +35.2% | FY20242025-03-31 |
| Operating incomeOperatingIncomeLoss | $527M | +4.9% | FY20252026-03-31 |
| Net incomeNetIncomeLoss | $424M | +6.0% | FY20252026-03-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $704M | −17.0% | FY20252026-03-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $22.3M | −43.8% | FY20252026-03-31 |
| Total assetsAssets | $3.9B | +13.3% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | $2.3B | +10.2% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $1.1B | +32.2% | FY20252025-12-31 |
| Long-term debtLongTermDebt | $134M | +174.8% | FY20212021-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q2 20262026-06-30 | $511M | $78.0M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 82 of 191 companies compared | 16.2% | |
| Operating marginRank 81 of 174 companies compared | 20.1% | |
| Cash as share of revenueRank 64 of 186 companies compared | 40.4% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Houlihan Lokey, Inc.
- Ticker
- HLI
- Exchange
- NYSE
- SIC classification
- Investment Advice (6282)
- Fiscal year end
- 03-31
- CIK
- 0001302215
Filings
- 10-QJul 31, 2026Open filing →
- 10-KMay 22, 2026Open filing →
- 10-QFeb 3, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Blue Owl CapitalOWL | $2.9B | $305M |
| Circle InternetCRCL | $2.7B | −$69.5M |
| Qfin HoldingsQFIN | $2.7B | $855M |
| Houlihan LokeyHLI | $2.6B | $424M |
| Pelagos Insurance CapitalPLGO | $2.5B | $226M |
| MorningstarMORN | $2.4B | $374M |
| Interactive BrokersIBKR | $2.4B | $4.4B |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Houlihan Lokey — Key figures |url=https://companiesranked.com/en/company/houlihan-lokey |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Houlihan Lokey — Key figures. CompaniesRanked. https://companiesranked.com/en/company/houlihan-lokeyBibTeX
@misc{companiesranked-en-company-houlihan-lokey-2026,
author = {{CompaniesRanked}},
title = {{Houlihan Lokey — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/houlihan-lokey}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001302215-26-000053 · May 22, 2026
{{cite web |title=Houlihan Lokey — Key figures — 10-K (0001302215-26-000053) |url=https://www.sec.gov/Archives/edgar/data/1302215/000130221526000053/hli-20260331.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-05-22}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.