Houlihan Lokey Inc (HLI) Q1 2026 Earnings Report

During the first quarter of fiscal year 2026, Houlihan Lokey Inc (HLI) achieved a remarkable revenue of $605 million, representing an 18% increase year-over-year. The adjusted earnings per share surged 75% to $2.14, reflecting the firm’s robust performance across its segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.

Management expressed cautious optimism regarding market conditions, attributing the strong results to a diversified business model that has adapted well to the current macroeconomic challenges. Despite the volatility in global markets, HLI has capitalized on increasing demand for financial advisory services, particularly in areas like financial restructuring, where revenues have remained elevated due to high interest rates and market uncertainties. Overall, the firm’s strong performance positions it favorably within the competitive landscape of investment banking and financial services.