About Houlihan Lokey, Inc.
https://www.hl.comHoulihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.

CEO
Scott Joseph Adelson
Compensation Summary
(Year 2025)
ETFs Holding This Stock
Summary
Showing Top 3 of 232
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

UBS
Buy

Keefe, Bruyette & Woods
Outperform

Morgan Stanley
Overweight

Wells Fargo
Overweight

JMP Securities
Market Perform

JP Morgan
Neutral
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:5.51M
Value:$1.01B

VANGUARD GROUP INC
Shares:5.31M
Value:$968.73M

BLACKROCK INC.
Shares:5M
Value:$912.54M
Summary
Showing Top 3 of 654
About Houlihan Lokey, Inc.
https://www.hl.comHoulihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2026 | $659.45M ▲ | $69.63M ▼ | $111.78M ▲ | 16.95% ▲ | $1.67 ▲ | $179.28M ▲ |
| Q1-2026 | $605.35M ▼ | $143.26M ▲ | $97.53M ▼ | 16.11% ▼ | $1.47 ▼ | $144.23M ▼ |
| Q4-2025 | $666.42M ▲ | $117.37M ▲ | $121.92M ▲ | 18.29% ▲ | $1.84 ▲ | $175.31M ▲ |
| Q3-2025 | $634.43M ▲ | $108.15M ▲ | $95.3M ▲ | 15.02% ▼ | $1.45 ▲ | $158.46M ▲ |
| Q2-2025 | $574.96M | $90.69M | $93.55M | 16.27% | $1.42 | $145.15M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2026 | $1.08B ▲ | $3.79B ▲ | $1.55B ▲ | $2.25B ▲ |
| Q1-2026 | $837.13M ▼ | $3.52B ▼ | $1.34B ▼ | $2.18B ▲ |
| Q4-2025 | $1.14B ▲ | $3.82B ▲ | $1.64B ▲ | $2.17B ▲ |
| Q3-2025 | $874.8M ▲ | $3.48B ▲ | $1.4B ▲ | $2.08B ▲ |
| Q2-2025 | $721.84M | $3.21B | $1.26B | $1.96B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2026 | $111.78M ▲ | $325.05M ▲ | $-114.28M ▼ | $-72.14M ▲ | $130M ▲ | $322.81M ▲ |
| Q1-2026 | $97.53M ▼ | $-131.63M ▼ | $109.65M ▲ | $-196.63M ▼ | $-177.18M ▼ | $-144.81M ▼ |
| Q4-2025 | $121.92M ▲ | $358.38M ▲ | $-106.35M ▼ | $-91.08M ▼ | $174.79M ▲ | $343.9M ▲ |
| Q3-2025 | $95.3M ▲ | $265.51M ▼ | $-87.4M ▼ | $-37.36M ▲ | $107.93M ▼ | $261.66M ▼ |
| Q2-2025 | $93.55M | $289.22M | $-30.88M | $-39.13M | $242.55M | $278.73M |
Revenue by Products
| Product | Q3-2025 | Q4-2025 | Q1-2026 | Q2-2026 |
|---|---|---|---|---|
Corporate Finance | $420.00M ▲ | $410.00M ▼ | $400.00M ▼ | $440.00M ▲ |
Financial Advisory Services | $80.00M ▲ | $90.00M ▲ | $80.00M ▼ | $90.00M ▲ |
Financial Restructuring | $130.00M ▲ | $160.00M ▲ | $130.00M ▼ | $130.00M ▲ |
Revenue by Geography
| Region | Q3-2025 | Q4-2025 | Q1-2026 | Q2-2026 |
|---|---|---|---|---|
NonUS | $200.00M ▲ | $200.00M ▲ | $180.00M ▼ | $220.00M ▲ |
UNITED STATES | $430.00M ▲ | $470.00M ▲ | $420.00M ▼ | $440.00M ▲ |

CEO
Scott Joseph Adelson
Compensation Summary
(Year 2025)
ETFs Holding This Stock
Summary
Showing Top 3 of 232
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades

UBS
Buy

Keefe, Bruyette & Woods
Outperform

Morgan Stanley
Overweight

Wells Fargo
Overweight

JMP Securities
Market Perform

JP Morgan
Neutral
Grade Summary
Showing Top 6 of 6
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:5.51M
Value:$1.01B

VANGUARD GROUP INC
Shares:5.31M
Value:$968.73M

BLACKROCK INC.
Shares:5M
Value:$912.54M
Summary
Showing Top 3 of 654




