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Houlihan Lokey HLI Unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively

Unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively at other companies

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BWX TechnologiesBWXT
$668.61M+4.5%
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MarshMRSH
$7.78B
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IQVIAIQV
$3.35B+2.4%
Accenture logo
AccentureACN
$16.04B+6.2%
Veeva Systems logo
Veeva SystemsVEEV
$45M+12.5%
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Moog Inc.MOG.B
$79.39M+109%

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$9.72B-11.5%
Enterprise value$9.02B-13.6%
P/E22.8×-4.7×
P/S3.7×-0.9×

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 hli:UnbilledReceivablesWorkInProcess.

The official record: Houlihan Lokey’s 10-K, filed May 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Houlihan Lokey's unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively?
Houlihan Lokey (HLI) reported unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively of $271.24M in Q1 2026.
How has Houlihan Lokey's unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively changed year-over-year?
Houlihan Lokey's unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively increased by 71.9% year-over-year, from $157.76M to $271.24M.
What is the long-term trend for Houlihan Lokey's unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively?
Over 5 years (2021 to 2026), Houlihan Lokey's unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively has grown at a 18.1% compound annual growth rate (CAGR), from $118.12M to $271.24M.
What does unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively mean?
Revenue earned from client projects that has not yet been invoiced.
How do you interpret unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively?
An increase often signals strong project activity, while a decrease may indicate faster billing cycles or a slowdown in project progress.
How does unbilled work in progress, net of allowance for credit losses of $8,430 and $6,764, respectively compare across companies?
Standard for professional services and advisory firms; peers track this to monitor revenue recognition versus cash collection.