HLI Expense Breakdown
HLI Expense Breakdown summary
HOULIHAN LOKEY, INC. (HLI). Quarter ended 2026-06-30 · every identified expense is compared with declared total expense. Share-based compensation is disclosed as a non-additive memo item because it is already allocated within functional expenses.
| Date | Component | Amount | Accounting treatment |
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| 2026-06-30 | Cost of revenue | Not separately disclosed | Counted expense |
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| 2026-06-30 | Depreciation, depletion and amortization | $8M (1.57%) | Counted operating expense |
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| 2026-06-30 | Income tax | $8M (1.57%) | Counted expense |
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| 2026-06-30 | Share-based compensation | Not separately disclosed | Included in reported functional expense categories; shown as a non-additive memo item. |
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| 2026-06-30 | Expenses unaccounted for | $417M (81.60%) | Signed difference between declared total expense and every additive identified expense; always shown |
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| 2026-06-30 | Total identified expense | $16M (3.13%) | Sum of additive identified expenses; excludes non-additive share-based compensation memo |
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| 2026-06-30 | Declared total expense | $433M (84.74%) | Declared revenue less declared net income |
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Complete retained expense history
| Date | Cost of revenue | Depreciation, depletion and amortization | Income tax | Share-based compensation | Expenses unaccounted for | Total identified expense | Declared total expense |
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| 2026-06-30 | — | $8M (1.57%) | $8M (1.57%) | — | $417M (81.60%) | $16M (3.13%) | $433M (84.74%) |
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| 2025-12-31 | — | — | $53.1M (7.41%) | — | $547.42M (76.34%) | $53.1M (7.41%) | $600.52M (83.75%) |
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| 2025-09-30 | — | — | $48.27M (7.32%) | — | $499.4M (75.73%) | $48.27M (7.32%) | $547.67M (83.05%) |
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| 2025-06-30 | — | $16M (2.64%) | $0.00 (0%) | — | $491M (81.16%) | $16M (2.64%) | $507M (83.80%) |
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| 2024-12-31 | — | — | $49.82M (7.85%) | — | $489.31M (77.13%) | $49.82M (7.85%) | $539.13M (84.98%) |
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| 2024-09-30 | — | — | $42.54M (7.40%) | — | $438.87M (76.33%) | $42.54M (7.40%) | $481.41M (83.73%) |
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| 2024-06-30 | — | $8.86M (1.72%) | $10.93M (2.13%) | — | $404.88M (78.83%) | $19.79M (3.85%) | $424.67M (82.68%) |
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| 2023-12-31 | — | — | $31.77M (6.22%) | — | $408.56M (79.93%) | $31.77M (6.22%) | $440.33M (86.15%) |
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| 2023-09-30 | — | — | $26.54M (5.68%) | — | $373.42M (79.96%) | $26.54M (5.68%) | $399.96M (85.65%) |
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| 2023-06-30 | — | $6.53M (1.57%) | $14.96M (3.60%) | — | $332.95M (80.07%) | $21.49M (5.17%) | $354.44M (85.24%) |
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| 2022-12-31 | — | — | $20.56M (4.50%) | — | $372.89M (81.68%) | $20.56M (4.50%) | $393.45M (86.19%) |
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| 2022-09-30 | — | — | $23.54M (4.81%) | — | $405.27M (82.79%) | $23.54M (4.81%) | $428.81M (87.59%) |
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| 2022-06-30 | — | $19.14M (4.57%) | $5.04M (1.20%) | — | $323.68M (77.32%) | $24.18M (5.78%) | $347.86M (83.09%) |
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| 2021-12-31 | — | — | $74.7M (8.40%) | — | $640.36M (72.05%) | $74.7M (8.40%) | $715.06M (80.45%) |
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| 2021-09-30 | — | — | $43.58M (8.11%) | — | $380.81M (70.88%) | $43.58M (8.11%) | $424.39M (78.99%) |
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| 2021-06-30 | — | $4.17M (1.12%) | $21.82M (5.85%) | — | $260.77M (69.96%) | $25.99M (6.97%) | $286.76M (76.94%) |
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| 2020-12-31 | — | — | $40.09M (7.45%) | — | $379.27M (70.51%) | $40.09M (7.45%) | $419.36M (77.97%) |
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| 2019-12-31 | — | — | $20.16M (6.05%) | — | $264.46M (79.29%) | $20.16M (6.05%) | $284.62M (85.34%) |
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| 2019-09-30 | — | — | $13.14M (4.82%) | — | $226.56M (83.05%) | $13.14M (4.82%) | $239.7M (87.86%) |
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| 2019-06-30 | — | $3.96M (1.58%) | $6.65M (2.66%) | $12.76M (5.10%) | $196.96M (78.67%) | $10.61M (4.24%) | $207.57M (82.91%) |
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| 2018-12-31 | — | — | $18.97M (6.37%) | — | $235.08M (78.88%) | $18.97M (6.37%) | $254.06M (85.25%) |
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| 2018-09-30 | — | — | $17.06M (6.20%) | — | $217.81M (79.21%) | $17.06M (6.20%) | $234.87M (85.41%) |
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| 2018-06-30 | — | $3.47M (1.58%) | $12.05M (5.48%) | $17.19M (7.81%) | $174.8M (79.45%) | $15.52M (7.05%) | $190.32M (86.51%) |
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| 2017-12-31 | — | — | -$6.47M (-2.50%) | — | $221.45M (85.52%) | -$6.47M (-2.50%) | $214.98M (83.02%) |
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| 2017-09-30 | — | — | $20.17M (8.33%) | — | $181.9M (75.11%) | $20.17M (8.33%) | $202.06M (83.43%) |
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