Houlihan Lokey (HLI) Revenue & Revenue Breakdown
Houlihan Lokey Revenue Highlights
Latest Revenue (Y)
$2.39B
Latest Revenue (Q)
$634.43M
Main Segment (Y)
Corporate Finance
Main Geography (Y)
UNITED STATES
Houlihan Lokey Revenue by Period
Houlihan Lokey Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-03-31 | $2.39B | 24.81% |
| 2024-03-31 | $1.91B | 5.80% |
| 2023-03-31 | $1.81B | -20.29% |
| 2022-03-31 | $2.27B | 48.81% |
| 2021-03-31 | $1.53B | 31.58% |
| 2020-03-31 | $1.16B | 6.91% |
| 2019-03-31 | $1.08B | 12.56% |
| 2018-03-31 | $963.36M | 10.47% |
| 2017-03-31 | $872.09M | 25.70% |
| 2016-03-31 | $693.76M | 1.89% |
| 2015-03-31 | $680.87M | 14.92% |
| 2014-03-31 | $592.45M | 13.87% |
| 2013-03-31 | $520.28M | - |
Houlihan Lokey generated $2.39B in revenue during NA 2025, up 24.81% compared to the previous quarter, and up 206.10% compared to the same period a year ago.
Houlihan Lokey Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $634.43M | 10.34% |
| 2024-09-30 | $574.96M | 11.85% |
| 2024-06-30 | $514.03M | -1.23% |
| 2024-03-31 | $520.46M | 1.82% |
| 2023-12-31 | $511.13M | 9.45% |
| 2023-09-30 | $466.99M | 12.30% |
| 2023-06-30 | $415.83M | -6.51% |
| 2023-03-31 | $444.77M | -2.57% |
| 2022-12-31 | $456.50M | -6.75% |
| 2022-09-30 | $489.54M | 16.93% |
| 2022-06-30 | $418.64M | -11.15% |
| 2022-03-31 | $471.17M | -46.99% |
| 2021-12-31 | $888.80M | 65.43% |
| 2021-09-30 | $537.27M | 44.15% |
| 2021-06-30 | $372.72M | -25.56% |
| 2021-03-31 | $500.70M | -6.91% |
| 2020-12-31 | $537.88M | 95.07% |
| 2020-09-30 | $275.74M | 30.60% |
| 2020-06-30 | $211.14M | -30.25% |
| 2020-03-31 | $302.69M | -9.24% |
| 2019-12-31 | $333.51M | 22.25% |
| 2019-09-30 | $272.81M | 8.97% |
| 2019-06-30 | $250.35M | -14.08% |
| 2019-03-31 | $291.38M | -2.23% |
| 2018-12-31 | $298.01M | 8.37% |
| 2018-09-30 | $274.99M | 25.00% |
| 2018-06-30 | $220.00M | -10.11% |
| 2018-03-31 | $244.75M | -5.48% |
| 2017-12-31 | $258.94M | 6.92% |
| 2017-09-30 | $242.18M | 11.35% |
| 2017-06-30 | $217.49M | -15.41% |
| 2017-03-31 | $257.10M | 3.80% |
| 2016-12-31 | $247.68M | 32.78% |
| 2016-09-30 | $186.54M | 3.19% |
| 2016-06-30 | $180.77M | -1.54% |
| 2016-03-31 | $183.60M | -10.67% |
| 2015-12-31 | $205.52M | 29.77% |
| 2015-09-30 | $158.38M | 8.28% |
| 2015-06-30 | $146.27M | -21.56% |
| 2015-03-31 | $186.47M | -5.16% |
| 2014-12-31 | $196.61M | 25.79% |
| 2014-09-30 | $156.29M | 10.45% |
| 2014-06-30 | $141.50M | - |
Houlihan Lokey generated $634.43M in revenue during Q3 2025, up 10.34% compared to the previous quarter, and up 135.86% compared to the same period a year ago.
Houlihan Lokey Revenue Breakdown
Houlihan Lokey Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| Financial Restructuring | $544.48M | $521.98M | $395.73M | $392.82M | $534.75M |
| Corporate Finance | $1.53B | $1.11B | $1.13B | $1.59B | $802.85M |
| Financial Advisory Services | $318.18M | $285.59M | $286.59M | $284.06M | $187.85M |
Houlihan Lokey's latest annual revenue breakdown by segment (product or service), as of Mar 25: Corporate Finance (63.90%), Financial Restructuring (22.79%), and Financial Advisory Services (13.32%).
Quarterly Revenue by Product
| Product/Service | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Finance | $412.71M | $421.60M | $364.03M | $287.58M | $310.51M | $281.68M | $227.05M | $291.73M | $315.02M | $263.95M | $715.66M | $388.41M | $209.99M | $300.66M | $306.17M | $108.05M | $87.97M | $156.08M | $201.14M | $155.98M |
| Financial Advisory Services | $89.17M | $81.88M | $79.36M | $77.50M | $72.05M | $70.64M | $65.41M | $65.95M | $76.83M | $75.86M | $83.86M | $65.68M | $63.96M | $57.30M | $53.71M | $42.30M | $34.55M | $43.53M | $39.57M | $39.55M |
| Financial Restructuring | $164.55M | $130.94M | $131.57M | $155.38M | $128.56M | $114.67M | $123.37M | $98.82M | $97.69M | $78.84M | $89.27M | $83.18M | $98.78M | $142.74M | $178.00M | $125.39M | $88.62M | $103.08M | $92.81M | $77.28M |
Houlihan Lokey's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Corporate Finance (61.93%), Financial Restructuring (24.69%), and Financial Advisory Services (13.38%).
Houlihan Lokey Revenue Breakdown by Country
Annual Revenue by Country
| Country | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| UNITED STATES | $1.70B | $1.34B | $1.29B | $1.69B | $1.19B |
| Non-US | $687.25M | $570.10M | $520.08M | $579.25M | $332.73M |
| Financial Restructuring | - | - | - | $392.82M | - |
| Financial Advisory Services | - | - | - | $284.06M | - |
| Corporate Finance | - | - | - | $1.59B | - |
Houlihan Lokey's latest annual revenue breakdown by geography, as of Mar 25: UNITED STATES (71.24%), and Non-US (28.76%).
Quarterly Revenue by Country
| Country | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | $195.76M | $204.81M | $139.63M | $189.41M | $154.56M | $138.03M | $88.09M | $133.96M | $111.93M | $115.19M | $242.50M | $104.55M | $60.99M | $123.89M | $122.98M | $51.67M | $34.19M | $68.14M | $39.43M | $34.88M |
| UNITED STATES | $470.66M | $429.62M | $435.32M | $331.04M | $356.57M | $328.96M | $327.74M | $322.54M | $377.61M | $303.45M | $646.30M | $432.73M | $311.73M | $376.82M | $414.89M | $224.07M | $176.94M | $234.56M | $294.08M | $237.93M |
Houlihan Lokey's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (70.63%), and Non-US (29.37%).
Houlihan Lokey Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SF | Stifel Financial | $5.95B | $1.47B |
| LAZ | Lazard | $3.14B | $669.16M |
| EVR | Evercore | $3.00B | $699.02M |
| HLI | Houlihan Lokey | $2.39B | $634.43M |
| PIPR | Piper Sandler Companies | $1.53B | $384.59M |
| PJT | PJT Partners | $1.49B | $324.53M |
| OPY | Oppenheimer | $1.43B | $367.82M |
| MC | Moelis | $1.19B | $273.75M |
| PWP | Perella Weinberg Partners | $878.04M | $211.83M |