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Houlihan Lokey HLI Operating Income

Operating Income at other companies

CBRE Group logo
CBRE GroupCBRE
$511M+85.1%
Jones Lang LaSalle logo
Jones Lang LaSalleJLL
$204.6M+70.5%
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
$423M+21.9%

Other financials

Income statement

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Revenue$635.6M-4.6%
Gross profit$230.7M+15.9%
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 us-gaap:OperatingIncomeLoss.

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 operating income?
Houlihan Lokey (HLI) reported operating income of $125.15M in Q1 2026.
How has Houlihan Lokey's operating income changed year-over-year?
Houlihan Lokey's operating income decreased by 11.3% year-over-year, from $141.06M to $125.15M.
What is the long-term trend for Houlihan Lokey's operating income?
Over 4 years (2022 to 2026), Houlihan Lokey's operating income has grown at a -3.7% compound annual growth rate (CAGR), from $612.86M to $527.02M.
What does operating income mean?
The profit earned from core business activities before interest and taxes.
How do you interpret operating income?
Higher values indicate stronger operational profitability and better management of core business costs.
How does operating income compare across companies?
Commonly compared across investment banking peers to assess relative operational margins.