HLIHoulihan Lokey, Inc.

$130.17-37% 1Y

The financials

Houlihan Lokey, Inc. by the numbers

Houlihan Lokey, Inc. (HLI) reported revenue of $511M in Q1 2027 (quarter ended Jun 30, 2026), down 16% from the same quarter a year earlier. That came with a gross margin of 30% and net income of $78M (15% of revenue). For the full year FY2026, revenue was $2.62B (+9.5% year on year) and net income $426M. Its largest segment in Q1 2027 was Corporate Finance at $303M, 59% of the disclosed total, well ahead of Financial Restructuring at 23%. The next results filing is expected around Oct 30, 2026, the same week as a year ago.

Houlihan Lokey, Inc. income statement, Q1 2027 against the same quarter a year earlier
Income statementQ1 2027Q1 2026Change
Revenue$511M$605M−16%
Gross profit$154M$188M−18%
Operating income$78M$90M−13%
Net income$78M$98M−20%
Diluted EPS$1.15$1.42−19%
Revenue by segment, Q1 2027, as reported to the SEC
OperatingRevenueShare
Corporate Finance$303M59%
Financial Restructuring$119M23%
Financial Advisory Services$89M17%

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
  • Corporate Finance$303.0Mquarter on quarter -30%year on year -24%
  • Financial Restructuring$119.0Mquarter on quarter +7.6%year on year -7.0%
  • Financial Advisory Services$89.0Mquarter on quarter n/ayear on year +13%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Jul 31, 2026, SEC EDGAR