HLI is the ticker symbol for HOULIHAN LOKEY, INC., a publicly traded Financials sector company listed on NYSE. 13F Pro tracks HLI with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is HLI a good stock to buy?

13F Pro's AI ranking engine scores HLI at 67.8/100, ranked #342 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for HLI is available at https://13fpro.ai/company/HLI. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source HLI data?

All HOULIHAN LOKEY, INC. fundamentals and ownership data come directly from SEC EDGAR. HOULIHAN LOKEY, INC. files with the SEC under CIK 1302215. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

HOULIHAN LOKEY, INC. HLI

NYSEMid CapFinancials

13F Pro quality score

Rank #342 of 2,925TOP 25%

Why it scores 68 Financials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$511.00M

Quarter to Jun 30

Net income

$78.00M

Quarter to Jun 30

Free cash flow

$-342.00M

Quarter to Jun 30

Operating margin

15.3%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$7.42B total

BlackRock, Inc.

$702.90M-0.8%

VANGUARD PORTFOLIO MANAGEMENT LLC

$372.09M-0.2%

VANGUARD CAPITAL MANAGEMENT LLC

$327.24M+0.8%

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC

$325.48M-8.2%

$291.43M-2.5%

$267.20M+13.7%

$234.65M+3.3%

$226.71M+6.2%

GEODE CAPITAL MANAGEMENT, LLC

$185.66M+2.4%

BANK OF MONTREAL /CAN/

$174.46M+13.1%

CITADEL ADVISORS LLC

$164.65M+151.5%

Neuberger Berman Group LLC

$133.16M+62.5%

FIDUCIARY MANAGEMENT INC /WI/

$125.87M+16.8%

WELLINGTON MANAGEMENT GROUP LLP

$124.71M-31.7%

BANK OF AMERICA CORP /DE/

$119.46M-6.3%

BAMCO INC /NY/

$116.63M-18.1%

GOLDMAN SACHS GROUP INC

$110.71M+32.3%

Qube Research & Technologies Ltd

$94.63M+176.5%

DIMENSIONAL FUND ADVISORS LP

$92.94M+12.4%

FMR LLC

$92.66M-19.3%

NORGES BANK

$88.05M--

SEI INVESTMENTS CO

$87.73M-5.1%

Clearbridge Investments, LLC

$85.21M+1.6%

LPL Financial LLC

$83.20M+665.5%

Invesco Ltd.

$75.28M+18.2%

See all 523 institutional holders →

What's Driving HLI's Business? Latest 10-Q Breakdown

40/40 datapoints verified

AI-extracted from the 10-Q filed 2026-07-31 — Q1 FY2027 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenues fell 16% to $511 million as Corporate Finance dropped 24% on lower average transaction fees, cutting net income to $78 million from $98 million.

Biggest Revenue Drivers

United States$364M

Revenues by geography; U.S. down from $422M a year ago

Biggest Revenue Drivers

Total revenue: $511M-16% YoY

United States$364M

Revenues by geography; U.S. down from $422M a year ago

Largest Expense Items

Compensation$328M-16% YoY

Primarily a result of the decrease in revenues versus the same quarter last year

Non-compensation$105M-15% YoY

Lower revaluation of acquisition contingent consideration and depreciation/amortization, partly offset by higher professional fees

Corporate expenses$76M-22% YoY

Decrease in revaluation of acquisition contingent consideration and in depreciation and amortization

Professional fees$17M

Increased from $12 million in the prior-year quarter

Margins: Compensation Ratio improved slightly to 64.3% from 64.9%, but operating income fell 13% to $78 million as revenue declined faster than costs could adjust.

Watch Items from the Filing

Corporate Finance revenue fell 24% to $303 million and segment profit fell 30% to $89 million, despite Managing Directors rising 7% to 260.
Financial Restructuring closed transactions fell 34% to 23 from 35; management attributes the reduction to timing of transaction closings.
International revenues fell to $147 million from $183 million; $546 million of cash and equivalents sits in foreign subsidiaries.
Effective tax rate rose to 10% from 1% on decreased stock-based compensation deductions; excess tax benefits fell to $14 million from $31 million.
Unrecognized compensation cost of $497 million on unvested awards, up from $436 million, to be recognized over approximately 2.0 years.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q1 2027

EDGAR

Net Income

Q1 2027

EDGAR

EPS (Diluted)

Q1 2027

EDGAR

Operating Margin

Q1 2027

EDGAR

ROIC

Q1 2027

EDGAR

Free Cash Flow

Q1 2027

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/HLI

Earnings Per Share

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HOULIHAN LOKEY, INC. reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2026	10-K	$2.6B	$425.7M	20.1%
FY 2025	10-K	$2.4B	$399.7M	21.0%
FY 2024	10-K	$1.9B	$280.3M	19.5%
FY 2023	10-K	$1.8B	$254.2M	18.9%
FY 2022	10-K	$2.3B	$437.8M	27.0%
FY 2021	10-K	$1.5B	$312.8M	26.8%

About HOULIHAN LOKEY, INC. (HLI): stock profile, AI score and financials

HOULIHAN LOKEY, INC. (HLI) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores HLI at 67.8/100 on a composite quality score built from its SEC filings, placing it at rank #342 of 2,925 stocks — the top 25% of the AI-ranked universe. HLI scores in the top quartile across balance sheet strength (87.8). Shareholder dilution risk is elevated at 18.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2027), HOULIHAN LOKEY, INC. reports quarterly revenue of $511.0M, net income of $78.0M, an operating margin of 15.3%. Top institutional holders of HLI by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. HLI trades on the NYSE exchange and files with the SEC under CIK 1302215. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HLI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HOULIHAN LOKEY, INC. directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 1302215 →

HOULIHAN LOKEY, INC. HLI

Top Institutional Holders

What's Driving HLI's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

HLI key financials by period

HLI insiders

Congress trading in HLI

About HOULIHAN LOKEY, INC. (HLI): stock profile, AI score and financials

HOULIHAN LOKEY, INC. HLI

Top Institutional Holders

What's Driving HLI's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

HLI key financials by period

Companies similar to HLI

HLI insiders

Congress trading in HLI

About HOULIHAN LOKEY, INC. (HLI): stock profile, AI score and financials