Houlihan Lokey, Inc.

HLI · NYSE
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$659$605$666$634
% Growth8.9%-9.2%5%
Cost of Goods Sold$438$372$410$390
Gross Profit$221$233$257$244
% Margin33.5%38.5%38.5%38.5%
R&D Expenses$0$0$0$0
G&A Expenses$10$48$51$51
SG&A Expenses$10$48$51$51
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$59$96$66$57
Operating Expenses$70$143$117$108
Operating Income$151$90$139$136
% Margin22.9%14.8%20.9%21.5%
Other Income/Exp. Net$9$8$11$9
Pre-Tax Income$160$98$150$145
Tax Expense$48$1$28$50
Net Income$112$98$122$95
% Margin17%16.1%18.3%15%
EPS1.671.471.841.45
% Growth13.6%-20.1%26.9%
EPS Diluted1.631.421.761.39
Weighted Avg Shares Out67666666
Weighted Avg Shares Out Dil69696969
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$0$0$0$0
Depreciation & Amortization$10$16$15$10
EBITDA$179$144$175$158
% Margin27.2%23.8%26.3%25%