HLI · Houlihan Lokey, Inc. · Earnings Call Transcripts & Audio
$128.26
+1.92 (+1.52%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$9.02B
Shares
69.89M
Volume · Oct 1
352.74K
Avg daily vol (3M)
903.65K
Houlihan Lokey, Inc. Earnings Call Transcripts
Quarterly earnings calls for Houlihan Lokey, Inc. (HLI), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▼8.9%
$489.54M
$60.73M
'23 Q2
22-10-27
▼48.6%
$456.50M
$63.05M
'23 Q3
23-01-31
▼5.6%
$444.77M
$59.66M
'23 Q4
23-05-09
▼0.7%
$415.83M
$61.39M
'24 Q1
23-07-27
▼4.6%
$466.99M
$67.03M
'24 Q2
23-10-26
▲12%
$511.13M
$70.80M
'24 Q3
24-02-01
▲17%
$520.46M
$81.08M
'24 Q4
24-05-08
▲23.5%
$513.61M
$88.94M
'25 Q1
24-07-30
▲23.1%
$574.96M
$93.55M
'25 Q2
24-10-30
▲24.1%
$634.43M
$95.30M
'25 Q3
25-01-28
▲28%
$666.42M
$121.92M
'25 Q4
25-05-07
▲17.8%
$605.00M
$98.00M
'26 Q1
25-07-29
▲14.7%
$659.45M
$111.78M
'26 Q2
25-10-30
▲13%
$717.07M
$116.55M
'26 Q3
26-01-28
▼4.6%
$635.99M
$99.37M
'26 Q4
26-05-06
LATEST
▼15.5%
$511.00M
$78.00M
'27 Q1
26-07-29
Earnings call
FY27 · Q1
2026-07-29
Houlihan Lokey, Inc. (HLI) Q1 2027 Earnings Call Transcript
Balanced tone
Corporate finance (CF) slowdown and deal delays
Financial and Valuation Advisory (FVA) growth
Financial Restructuring business performance
Revenue
$511.00M
▼ 15.5% YoY Diluted EPS
$1.15
▼ 19% YoY Gross margin
30.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q4
2026-05-06
Houlihan Lokey, Inc. (HLI) Q4 2026 Earnings Call
Revenue
$635.99M*
▼ 4.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY26 · Q3
2026-01-28
Houlihan Lokey, Inc. (HLI) Q3 2026 Earnings Call Transcript
Confident tone
Corporate Finance performance
Capital Solutions build-out
M&A cycle and pent-up demand
Revenue
$717.07M
▲ 13% YoY Diluted EPS
$1.70
▲ 22.3% YoY Gross margin
32.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q2
2025-10-30
Houlihan Lokey, Inc. (HLI) Q2 2026 Earnings Call Transcript
Confident tone
Corporate Finance / M&A Momentum
Financial Restructuring
Capital Solutions Business
Revenue
$659.45M
▲ 14.7% YoY Diluted EPS
$1.63
▲ 19% YoY Gross margin
33.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2025-07-29
Houlihan Lokey, Inc. (HLI) Q1 2026 Earnings Call Transcript
Positive tone
Regional dynamics US vs EMEA
Macroeconomic volatility and tariffs
Corporate Finance growth
Revenue
$605.00M
▲ 17.8% YoY Diluted EPS
$1.42
▲ 9.2% YoY Gross margin
31.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2025-05-07
Houlihan Lokey, Inc. (HLI) Q4 2025 Earnings Call Transcript
Confident tone
Financial Restructuring outlook amid volatility
Acquisitions as growth driver
Expense management and fiscal 2026 guidance
Revenue
$666.42M*
▲ 28% YoY Gross margin
33.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-01-28
Houlihan Lokey, Inc. (HLI) Q3 2025 Earnings Call Transcript
Revenue
$634.43M
▲ 24.1% YoY Diluted EPS
$1.39
▲ 33.7% YoY Gross margin
31.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2024-10-30
Houlihan Lokey, Inc. (HLI) Q2 2025 Earnings Call Transcript
Confident tone
M&A and Corporate Finance momentum
Acquisitions and talent additions
Private capital and capital markets
Revenue
$574.96M
▲ 23.1% YoY Diluted EPS
$1.37
▲ 38.4% YoY Gross margin
33.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2024-07-30
Houlihan Lokey, Inc. (HLI) Q1 2025 Earnings Call Transcript
Confident tone
Corporate Finance Growth
Non-Comp Expenses and Operating Leverage
Financial Restructuring
Revenue
$513.61M
▲ 23.5% YoY Diluted EPS
$1.30
▲ 44.4% YoY Gross margin
30.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2024-05-08
Houlihan Lokey, Inc. (HLI) Q4 2024 Earnings Call Transcript
Positive tone
M&A market recovery
CEO succession
Financial and Valuation Advisory
Revenue
$520.46M*
▲ 17% YoY Gross margin
30.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-02-01
Houlihan Lokey, Inc. (HLI) Q3 2024 Earnings Call Transcript
Confident tone
Corporate Finance / M&A recovery
Acquisitions and hiring
Financial Restructuring strength
Revenue
$511.13M
▲ 12% YoY Diluted EPS
$1.04
▲ 15.6% YoY Gross margin
29.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2023-10-26
Houlihan Lokey, Inc. (HLI) Q2 2024 Earnings Call Transcript
Revenue
$466.99M
▼ 4.6% YoY Diluted EPS
$0.99
▲ 13.8% YoY Gross margin
30.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2023-07-27
Houlihan Lokey, Inc. (HLI) Q1 2024 Earnings Call Transcript
Revenue
$415.83M
▼ 0.7% YoY Diluted EPS
$0.90
▼ 12.6% YoY Gross margin
28.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2023-05-09
Houlihan Lokey, Inc. (HLI) Q4 2023 Earnings Call Transcript
Revenue
$444.77M*
▼ 5.6% YoY Gross margin
32.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-01-31
Houlihan Lokey, Inc. (HLI) Q3 2023 Earnings Call Transcript
Revenue
$456.50M
▼ 48.6% YoY Diluted EPS
$0.90
▼ 64.6% YoY Gross margin
29.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2022-10-27
Houlihan Lokey, Inc. (HLI) Q2 2023 Earnings Call Transcript
Revenue
$489.54M
▼ 8.9% YoY Diluted EPS
$0.87
▼ 47.3% YoY Gross margin
28.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2022-07-28
Houlihan Lokey, Inc. (HLI) Q1 2023 Earnings Call Transcript
Revenue
$418.64M
▲ 12.3% YoY Diluted EPS
$1.03
▼ 17.6% YoY Gross margin
32.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2022-05-12
Houlihan Lokey, Inc. (HLI) Q4 2022 Earnings Call Transcript
Revenue
$471.17M*
▼ 5.9% YoY Gross margin
32.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-02-08
Houlihan Lokey, Inc. (HLI) Q3 2022 Earnings Call Transcript
Revenue
$888.80M
▲ 65.2% YoY Diluted EPS
$2.54
▲ 48.5% YoY Gross margin
36.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2021-10-28
Houlihan Lokey, Inc. (HLI) Q2 2022 Earnings Call Transcript
Revenue
$537.27M
▲ 94.9% YoY Diluted EPS
$1.65
▲ 135.7% YoY Gross margin
35.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2021-08-03
Houlihan Lokey, Inc. (HLI) Q1 2022 Earnings Call Transcript
Revenue
$372.72M
▲ 76.5% YoY Diluted EPS
$1.25
▲ 81.2% YoY Gross margin
35.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2021-05-12
Houlihan Lokey, Inc. (HLI) Q4 2021 Earnings Call Transcript
Revenue
$500.70M*
▲ 65.4% YoY Gross margin
35.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-01-29
Houlihan Lokey, Inc. (HLI) Q3 2021 Earnings Call Transcript
Revenue
$537.88M
▲ 61.3% YoY Diluted EPS
$1.71
▲ 128% YoY Gross margin
35.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2020-10-30
Houlihan Lokey, Inc. (HLI) Q2 2021 Earnings Call Transcript
Revenue
$275.74M
▲ 1.1% YoY Diluted EPS
$0.70
▲ 40% YoY Gross margin
32.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2020-07-29
Houlihan Lokey, Inc. (HLI) Q1 2021 Earnings Call Transcript
Revenue
$211.14M
▼ 15.7% YoY Diluted EPS
$0.69
▲ 6.2% YoY Gross margin
31.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2020-05-13
Houlihan Lokey, Inc. (HLI) Q4 2020 Earnings Call Transcript
Revenue
$302.69M
▲ 3.9% YoY Diluted EPS
$0.90
▲ 30.4% YoY Gross margin
27.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-02-04
Houlihan Lokey, Inc. (HLI) Q3 2020 Earnings Call Transcript
Revenue
$333.51M
▲ 11.9% YoY Diluted EPS
$0.75
▲ 11.9% YoY Gross margin
28.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Showing 1–27 of 27 earnings calls
Key facts
CIK
1302215
CUSIP
441593100
13F (30d)
11 filings
11 filers
Visit website
Investor relations