Houlihan Lokey Inc. ( (HLI) ) has released its Q1 earnings. Here is a breakdown of the information Houlihan Lokey Inc. presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Houlihan Lokey, Inc. is a global investment bank specializing in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory services, with a strong presence across the Americas, Europe, the Middle East, and Asia Pacific.
In its first quarter of fiscal 2026, Houlihan Lokey reported robust financial results, with revenues reaching $605 million, marking a significant increase from the previous year’s $514 million. The company also declared a dividend of $0.60 per share for the second quarter of fiscal 2026.
Key financial metrics for the quarter included a net income of $98 million, translating to $1.42 per diluted share, compared to $89 million or $1.30 per diluted share in the same quarter last year. Adjusted net income was notably higher at $148 million or $2.14 per diluted share. The company’s revenue growth was driven by a 21% increase in Corporate Finance, a 9% rise in Financial Restructuring, and a 16% growth in Financial and Valuation Advisory.
Operating expenses saw an increase, with employee compensation and benefits rising to $393 million and non-compensation expenses reaching $123 million. The effective tax rate decreased significantly due to increased stock-based compensation deductions, contributing to the overall improved financial performance.
Looking ahead, Houlihan Lokey’s management remains cautiously optimistic about building on the current momentum, despite the challenging economic environment. The company’s diversified business model and global reach are expected to continue supporting its growth in fiscal 2026.