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Houlihan Lokey HLI Gross Profit

Gross Profit at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
$2.18B+36.7%
FTI Consulting logo
FTI ConsultingFCN
$316.27M+4.5%

Segments

By segment

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Corporate Finance$156.4M+17.8%
Financial and Valuation Advisory$93.58M
Financial Restructuring$27.79M-57.3%
Financial Advisory Services$22.42M-3.9%

Other financials

Income statement

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Revenue$635.6M-4.6%
Operating income$125.1M-11.3%
Net income$99.8M-18.1%
EPS (diluted)$1.48-16.4%

Balance sheet

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Cash & equivalents$1.2B+22.5%
Total debt$492.1M+12.3%
Total assets$4.3B+12.8%

Cash flow

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Operating cash flow$293.0M-18.2%
CapEx$6.3M-56.8%
Free cash flow$286.8M-16.6%

Valuation

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Market cap$8.96B-33.6%
Enterprise value$8.26B-37.2%
P/E21×-12.0×
P/S3.4×-2.0×

Profitability

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Gross margin32.8%+1.4pp
Operating margin20.1%-0.9pp
Net margin16.3%-0.5pp
FCF margin26%-7.8pp

Returns & leverage

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Return on equity9.5%

Where this comes from

Reported directly by Houlihan Lokey in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Houlihan Lokey’s 10-Q, filed February 3, 2026.

Filed
Feb 3, 2026, 4:38 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0001302215-26-000007
Line itemThree Months Ended December 31, 2025Three Months Ended December 31, 2024Nine Months Ended December 31, 2025Nine Months Ended December 31, 2024
Segment profit
Corporate Finance150,728131,552424,839341,629
Financial Restructuring57,56444,212151,308144,280
Financial and Valuation Advisory22,42023,33765,15860,367
Total segment profit230,712199,101641,305546,276
Corporate expenses (2)69,98262,999239,434184,765
Other (income) expense, net(8,918)(9,016)(25,880)(19,569)
Income before provision for income taxes$169,648$145,118$427,751$381,080

Item 1. Financial Statements

FAQ

What is Houlihan Lokey's gross profit?
Houlihan Lokey (HLI) reported gross profit of $230.71M in Q4 2025.
How has Houlihan Lokey's gross profit changed year-over-year?
Houlihan Lokey's gross profit increased by 15.9% year-over-year, from $199.1M to $230.71M.
What is the long-term trend for Houlihan Lokey's gross profit?
Over 3 years (2022 to 2025), Houlihan Lokey's gross profit has grown at a -1.0% compound annual growth rate (CAGR), from $795.29M to $772.31M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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