When did Houlihan Lokey report Q2 2026 earnings?

Houlihan Lokey (HLI) reported Q2 2026 earnings on October 30, 2025 after market close.

What were Houlihan Lokey's Q2 2026 revenue and EPS?

Houlihan Lokey reported revenue of $659.5M and diluted EPS of $1.84 for Q2 2026.

Did Houlihan Lokey beat estimates in Q2 2026?

Revenue beat the consensus estimate of $651.8M by $7.7M. EPS beat the consensus estimate of $1.68 by $0.16.

How did Houlihan Lokey's Q2 2026 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 14.7% from $575.0M a year earlier and diluted EPS grew 26.0% from $1.46.

Where can I find Houlihan Lokey's Q2 2026 SEC filings?

You can read the 10-Q periodic report (0001302215-25-000111) directly on SEC EDGAR. The filing index links above go to sec.gov.

Houlihan Lokey HLI Q2 2026 earnings

Reported October 30, 2025 · After market close

Revenue$659.5MBeat by $7.7M Diluted EPS$1.84Beat by $0.16

Revenue estimate$651.8M

EPS estimate$1.68

Next report

Aug 4, 2026 (in a month)

Revenue estimate$632.3M

EPS estimate$1.83

Financials

Q2 2026

Income statement

See full

Revenue$659.5M+14.7%

Gross profit$222.8M+17.3%

Operating income$151.3M+15.8%

Net income$111.8M+19.5%

EPS (diluted)$1.63+19.0%

Balance sheet

See full

Cash & equivalents$923.6M+33.6%

Total debt$432.9M+0.4%

Total assets$3.8B+18.1%

Cash flow

See full

Operating cash flow$325.0M+12.4%

CapEx$2.2M-78.7%

Free cash flow$322.8M+15.8%

Valuation & ratios

Q2 2026

Valuation

See full

Market cap$14.44B+31.4%

Enterprise value$13.95B+30.1%

P/E33.8×+1.0×

P/S5.6×+0.4×

Profitability

See full

Gross margin32.6%+1.7pp

Operating margin20.2%-0.3pp

Net margin16.6%+0.9pp

FCF margin30.5%+6.9pp

Segments

By segment

See full

Corporate Finance$436.2M+14.3%

Financial Restructuring$132.2M-2.9%

Financial Advisory Services$87.0M+9.6%

Versus estimates

Revenue

Q4 2026$635.6MMiss by $43.6M Q3 2026$717.1MBeat by $19.9M

Q2 2026$659.5MBeat by $7.7M

Q1 2026$605.3MBeat by $25.3M Q4 2025$666.4MBeat by $38.2M Q3 2025$634.4MBeat by $8.7M

Diluted EPS

Q4 2026$1.63Miss by $0.16 Q3 2026$1.94Beat by $0.09

Q2 2026$1.84Beat by $0.16

Q1 2026$2.14Beat by $0.46 Q4 2025$1.96Beat by $0.34 Q3 2025$1.64Beat by $0.14

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Questions, answered.

When did Houlihan Lokey report Q2 2026 earnings?: Houlihan Lokey (HLI) reported Q2 2026 earnings on October 30, 2025 after market close.
What were Houlihan Lokey's Q2 2026 revenue and EPS?: Houlihan Lokey reported revenue of $659.5M and diluted EPS of $1.84 for Q2 2026.
Did Houlihan Lokey beat estimates in Q2 2026?: Revenue beat the consensus estimate of $651.8M by $7.7M. EPS beat the consensus estimate of $1.68 by $0.16.
How did Houlihan Lokey's Q2 2026 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 14.7% from $575.0M a year earlier and diluted EPS grew 26.0% from $1.46.
Where can I find Houlihan Lokey's Q2 2026 SEC filings?: You can read the 10-Q periodic report (0001302215-25-000111) directly on SEC EDGAR. The filing index links above go to sec.gov.