Houlihan Lokey FY26 net income rises 7% to $425.7 million; revenue climbs 10% to $2.62 billion

Houlihan Lokey, Inc. Class A

Houlihan Lokey, Inc. Class A

HLI

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  • Houlihan Lokey posted fiscal 2026 net income of USD 424.17 million, up 6%, as revenue rose 10% to USD 2.62 billion.
  • Operating income climbed 5% to USD 527.02 million, while total operating expenses increased 11% to USD 2.09 billion.
  • Corporate Finance revenue grew 14% to USD 1.74 billion, supported by a 14% rise in closed transactions to 644.
  • Financial Restructuring revenue fell 3% to USD 528.66 million as closed transactions slipped to 143, while Financial and Valuation Advisory revenue increased 8% to USD 344.23 million.
  • Cash and cash equivalents totaled USD 1.19 billion at March 31, 2026, and the board declared a quarterly dividend of USD 0.70 per share payable June 15, 2026.


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