Houlihan Lokey Reports Strong Q3 FY26 Results with Double-Digit Revenue and EPS Growth
Summary
Houlihan Lokey announced strong third-quarter fiscal 2026 financial results, with revenues increasing 13.1% and diluted EPS rising 22.3% year-over-year, alongside a declared dividend and share repurchases.
Key Events
-
Strong Revenue Growth
Third-quarter fiscal 2026 revenues increased to $717 million, up 13.1% from $634 million in the prior year's quarter.
-
Significant EPS Increase
Diluted earnings per share (GAAP) rose to $1.70, a 22.3% increase from $1.39 in the same quarter last year. Adjusted diluted EPS also grew to $1.94 from $1.64.
-
Broad Segment Performance
All segments showed growth, with Corporate Finance revenues up 12%, Financial Restructuring revenues up 19%, and Financial and Valuation Advisory revenues up 6%.
-
Capital Allocation
The company declared a regular quarterly cash dividend of $0.60 per share and repurchased approximately 418,000 shares during the quarter.
Analysis
Houlihan Lokey reported robust financial results for its third fiscal quarter, demonstrating significant year-over-year growth in both revenue and earnings per share. All three primary segments contributed to the revenue increase, indicating broad strength in its advisory services. The company's continued capital allocation through a regular dividend and share repurchases signals confidence in its financial health and future outlook. These results suggest a positive operational trajectory, supported by improving market conditions in private equity.
At the time of this filing, HLI was trading at $180.53 on NYSE in the Finance sector, with a market capitalization of approximately $12.7B. The 52-week trading range was $137.99 to $211.78. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.