Houlihan Lokey, Inc. (HLI) Revenue by Segment
Houlihan Lokey revenue by segment at a glance
In Q1 fiscal 2027 (the quarter ended June 30, 2026), Houlihan Lokey's largest business segment was Corporate Finance, with $303.00 million or 59% of revenue, down 23.9% from a year earlier. Next: Financial Restructuring (23%) and Financial Advisory Services (17%).
By region, United States brought in 71% and Non-US brought in 29% of revenue in Q1 fiscal 2027.
By country, UNITED STATES brought in 71% and Non-US brought in 29% of revenue in Q1 fiscal 2027.
The fastest-growing business segment from a year earlier was Financial Advisory Services (+12.7%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q2 fiscal 2018.
Houlihan Lokey, Inc.
Revenue breakdown
Fiscal quarters, from company filings
Houlihan Lokey revenue by business segment, last 4 quarters
| Business segment | Q1 FY27 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Share |
|---|---|---|---|---|---|
| Corporate Finance | $303.0M | $473.7M | $438.7M | $398.0M | 59% |
| Financial Restructuring | $119.0M | $156.3M | $133.8M | $128.0M | 23% |
| Financial Advisory Services | $89.0M | $87.1M | $87.0M | $79.0M | 17% |
In USD, fiscal quarters as reported; share = part of Q1 FY27 revenue.
Houlihan Lokey revenue by region, last 4 quarters
| Region | Q1 FY27 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Share |
|---|---|---|---|---|---|
| United States | $364.0M | $484.6M | $435.7M | $422.0M | 71% |
| Non-US | $147.0M | $232.4M | $223.8M | $183.0M | 29% |
In USD, fiscal quarters as reported; share = part of Q1 FY27 revenue.
Houlihan Lokey revenue by country, last 4 quarters
| Country | Q1 FY27 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Share |
|---|---|---|---|---|---|
| UNITED STATES | $364.0M | $484.6M | $435.7M | $422.0M | 71% |
| Non-US | $147.0M | $232.4M | $223.8M | $183.0M | 29% |
In USD, fiscal quarters as reported; share = part of Q1 FY27 revenue.
Questions and answers
What are Houlihan Lokey's business segments?
Corporate Finance, Financial Restructuring and Financial Advisory Services (as reported for Q1 fiscal 2027).
Which business segment makes the most money for Houlihan Lokey?
Corporate Finance: $303.00 million, or 59% of revenue, in Q1 fiscal 2027.
Where does Houlihan Lokey make its money?
By region in Q1 fiscal 2027: United States (71%) and Non-US (29%).
