The financials
Houlihan Lokey, Inc. by the numbers
Houlihan Lokey, Inc. (HLI) reported revenue of $636M in Q4 2026 (quarter ended Mar 31, 2026), down 4.6% from the same quarter a year earlier. That came with net income of $100M (16% of revenue). For the full year FY2026, revenue was $2.62B (+9.5% year on year) and net income $426M. Its largest segment in Jun 2026 was Corporate Finance at $303M, 59% of the disclosed total, well ahead of Financial Restructuring at 23%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $636M | $666M | −4.6% |
| Gross profit | n/a | $226M | n/a |
| Operating income | $125M | $141M | −11% |
| Net income | $100M | $122M | −18% |
| Diluted EPS | $1.48 | $1.77 | −16% |
| Operating | Revenue | Share |
|---|---|---|
| Corporate Finance | $303M | 59% |
| Financial Restructuring | $119M | 23% |
| Financial Advisory Services | $89M | 17% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $511.0M (-6.2%)
Financial Advisory Services grew +13% year on yearCorporate Finance -24% year on year
Segment Latestquarter on quarteryear on year
- Corporate Finance$303.0M$303.0MQoQ -30%year on year -24%-30%-24%
- Financial Restructuring$119.0M$119.0MQoQ +7.6%year on year -7.0%+7.6%-7.0%
- Financial Advisory Services$89.0M$89.0MQoQ -year on year +13%-+13%
Capital Markets
Ranks #29 of 33 by Smart Score