Houlihan Lokey, Inc. Earnings Recaps
Q3 2026
Jan 30, 2026
Houlihan Lokey reported strong third-quarter fiscal 2026 results, with revenues of $717 million (up 13%) and adjusted earnings per share rising to $1.94 (up 18%), driven by robust corporate finance performance and increased investor sentiment.
Key takeaways
- Corporate Finance revenues reached $474 million, marking a 12% increase, with a rise in average fees and transaction activity.
- Financial Restructuring revenues surged 19% to $156 million, aided by accelerated transactions, defying typical seasonal trends.
- The firm remains the top M&A and financial restructuring investment bank globally, reinforcing its market leadership.
- Recent strategic acquisitions, including a controlling interest in O'Dare Partners, enhance Houlihan Lokey's European presence and capabilities.
- Continued positive outlook for fiscal 2027 driven by improving market conditions and strategic growth initiatives.