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Houlihan Lokey HLI Intangibles (Net)

Intangibles (Net) at other companies

Lazard logo
LazardLAZ
$12.62M
Evercore logo
EvercoreEVR
$22.28M
PJT Partners logo
PJT PartnersPJT
$6.18M-46.7%
Perella Weinberg Partners logo
Perella Weinberg PartnersPWP
$10.27M-6.4%
Jefferies Financial Group logo
Jefferies Financial GroupJEF
$111.03M-49.0%
FTI Consulting logo
FTI ConsultingFCN
$6.75M-27.5%

Other financials

Income statement

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Revenue$635.6M-4.6%
Gross profit$230.7M+15.9%
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:OtherIntangibleAssetsNet.

The source filing: Houlihan Lokey’s 10-K, filed May 22, 2026.

Filed
May 22, 2026, 4:43 PM EDT
Fiscal year
FY2026
Accession
0001302215-26-000053
(In thousands, except share data and par value)March 31, 2026March 31, 2025
Property and equipment, net142,876149,350
Operating lease right-of-use assets407,454362,669
Goodwill1,395,8571,284,589
Other intangible assets, net204,202212,670
Other assets299,291228,713
Total assets$4,308,955$3,819,708
Liabilities, temporary equity and stockholders' equity
Liabilities:

Item 8. Financial Statements and Supplementary Data

FAQ

What is Houlihan Lokey's intangibles (net)?
Houlihan Lokey (HLI) reported intangibles (net) of $204.2M in Q1 2026.
How has Houlihan Lokey's intangibles (net) changed year-over-year?
Houlihan Lokey's intangibles (net) decreased by 4.0% year-over-year, from $212.67M to $204.2M.
What is the long-term trend for Houlihan Lokey's intangibles (net)?
Over 5 years (2021 to 2026), Houlihan Lokey's intangibles (net) has grown at a 0.9% compound annual growth rate (CAGR), from $195.16M to $204.2M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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