FY2026 · ended Mar 31, 2026 · Revenue $2.62B, +9.5% YoY · Filed May 22, 2026
Houlihan Lokey, Inc. (HLI) files with the SEC under industry code 6282, Investment Advice. In fiscal 2026, which ended Mar 31, 2026, it reported revenue of $2.6 billion and net income of $425.7 million. Free cash flow was $681.8 million. As of Sep 30, 2026 it held $888.0 million in cash and investments and $494.0 million in total debt.
Revenue (TTM)
$2.56B
-0.4% vs year-ago TTM
Net income (TTM)
$403.70M
-5.3% vs year-ago TTM
Operating cash flow (TTM)
$427.13M
-47.7% vs year-ago TTM
Free cash flow (TTM)
$401.82M
-48.7% vs year-ago TTM
EPS (TTM)
$5.96
-3.7% vs year-ago TTM
Dividend per share
$0.30
Shares outstanding
587,866
Net cash
$394.00M
as of Sep 30, 2026
Operating margin
20.3%
FY 2027
Company profile
- Industry
- Investment Advice (SIC 6282)
- Listed as
- HLI (NYSE)
- Fiscal year ends
- March 31
- Headquarters
- Los Angeles, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1302215
- Former names
- HOULIHAN LOKEY HOWARD & ZUKIN INC (until May 8, 2015)
Other Investment Advice companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2026 Mar 31, 2026 |
FY 2025 Mar 31, 2025 |
FY 2024 Mar 31, 2024 |
FY 2023 Mar 31, 2023 |
FY 2022 Mar 31, 2022 |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.4B | $1.9B | $1.8B | $2.3B |
| Operating income | $527.0M | $502.6M | $373.2M | $341.7M | $612.9M |
| Net income | $425.7M | $399.7M | $280.3M | $254.2M | $437.8M |
| Diluted EPS | $6.22 | $5.82 | $4.11 | $3.76 | $6.41 |
| Operating cash flow | $704.1M | $848.6M | $328.5M | $136.3M | $736.6M |
| Free cash flow | $681.8M | $808.9M | $261.7M | $85.5M | $727.9M |
| Total assets | $4.3B | $3.8B | $3.2B | $3.0B | $2.9B |
| Total liabilities | $1.9B | $1.6B | $1.3B | $1.4B | $1.4B |
| Stockholders' equity | $2.3B | $2.2B | $1.8B | $1.6B | $1.4B |
| Cash and investments | $1.4B | $1.2B | $759.2M | $751.7M | $942.8M |
| Total debt | $492.1M | $438.2M | $415.4M | $374.9M | $197.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 5, 2026 | Oct 2, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results, Regulation FD disclosure
|
Sep 22, 2026 | Sep 16, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 8, 2026 | Sep 3, 2026 |
| 8-K |
Current report
Other events
|
Aug 13, 2026 | Aug 13, 2026 |
All 855 Houlihan Lokey, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.