HOULIHAN LOKEY, INC. (HLI) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value (m); Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | (m) | Share-based compensation / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 2.52B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | (m) | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 515.02M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $2.52B | (m) | $515.02M | (m) | (m) | (m) | (m) | (m) |
| 2026-03-31 | (m) | $2.62B | (m) | $527.02M | (m) | (m) | (m) | (m) | (m) |
| 2025-12-31 | (m) | $2.65B | (m) | $541.90M | (m) | (m) | (m) | (m) | (m) |
| 2025-09-30 | (m) | $2.57B | (m) | $517.28M | (m) | (m) | (m) | (m) | (m) |
| 2025-06-30 | (m) | $2.48B | (m) | $496.60M | (m) | (m) | (m) | (m) | (m) |
| 2025-03-31 | (m) | $2.39B | (m) | $501.54M | (m) | (m) | (m) | (m) | (m) |
| 2024-12-31 | (m) | $2.24B | (m) | $465.04M | (m) | (m) | (m) | (m) | (m) |
| 2024-09-30 | (m) | $2.12B | (m) | $425.47M | (m) | (m) | (m) | (m) | (m) |
| 2024-06-30 | (m) | $2.01B | (m) | $385.08M | (m) | (m) | (m) | (m) | (m) |
| 2024-03-31 | (m) | $1.91B | (m) | $362.86M | (m) | (m) | (m) | (m) | (m) |
| 2023-12-31 | (m) | $1.84B | (m) | $350.79M | (m) | (m) | (m) | (m) | (m) |
| 2023-09-30 | (m) | $1.78B | (m) | $338.42M | (m) | (m) | (m) | (m) | (m) |
| 2023-06-30 | (m) | $1.81B | (m) | $337.51M | (m) | (m) | (m) | (m) | (m) |
| 2023-03-31 | (m) | $1.81B | (m) | $341.74M | (m) | (m) | (m) | (m) | (m) |
| 2022-12-31 | (m) | $1.84B | (m) | $349.72M | (m) | (m) | (m) | (m) | (m) |
| 2022-09-30 | (m) | $2.27B | (m) | $514.81M | (m) | (m) | (m) | (m) | (m) |
| 2022-06-30 | (m) | $2.32B | (m) | $582.76M | (m) | (m) | (m) | (m) | (m) |
| 2022-03-31 | (m) | $2.27B | (m) | $612.86M | (m) | (m) | (m) | (m) | (m) |
| 2021-12-31 | (m) | $2.30B | (m) | $654.53M | (m) | (m) | (m) | (m) | (m) |
| 2021-09-30 | (m) | $1.95B | (m) | $563.69M | (m) | (m) | (m) | (m) | (m) |
| 2021-06-30 | (m) | $1.69B | (m) | $473.24M | (m) | (m) | (m) | (m) | (m) |
| 2021-03-31 | (m) | $1.53B | (m) | $408.16M | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | $1.33B | (m) | $336.54M | (m) | (m) | (m) | (m) | (m) |
| 2020-09-30 | (m) | $1.12B | (m) | $246.14M | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | $1.12B | (m) | $224.42M | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | $1.16B | (m) | $229.60M | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | $1.15B | (m) | $221.93M | (m) | (m) | (m) | (m) | (m) |
| 2019-09-30 | (m) | $1.11B | (m) | $216.15M | (m) | (m) | (m) | (m) | (m) |
| 2019-06-30 | (m) | $1.11B | $52.13M | $227.34M | (m) | (m) | 4.68% | (m) | (m) |
| 2019-03-31 | (m) | $1.08B | $56.56M | $219.53M | (m) | (m) | 5.22% | (m) | (m) |
| 2018-12-31 | (m) | (m) | $45.73M | $218.32M | (m) | (m) | (m) | (m) | (m) |
| 2018-09-30 | (m) | (m) | $54.31M | $210.55M | (m) | (m) | (m) | (m) | (m) |
| 2018-06-30 | (m) | (m) | $53.74M | $207.70M | (m) | (m) | (m) | (m) | (m) |
| 2018-03-31 | (m) | (m) | $47.11M | $214.45M | (m) | (m) | (m) | (m) | (m) |
| 2017-12-31 | (m) | (m) | $52.43M | $212.02M | (m) | (m) | (m) | (m) | (m) |
| 2017-09-30 | (m) | (m) | $40.94M | $214.36M | (m) | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | (m) | $38.57M | $196.01M | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | (m) | $39.36M | $182.00M | (m) | (m) | (m) | (m) | (m) |
| 2016-12-31 | (m) | (m) | $42.54M | $166.16M | (m) | (m) | (m) | (m) | (m) |
| 2016-09-30 | (m) | (m) | $41.72M | $153.02M | (m) | (m) | (m) | (m) | (m) |
| 2016-06-30 | (m) | (m) | $39.17M | $135.48M | (m) | (m) | (m) | (m) | (m) |
| 2016-03-31 | (m) | (m) | $35.06M | $126.40M | (m) | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-06-30 | (m) | (m) | (m) | $128.38M | (m) | (m) | (m) | (m) | (m) |
| 2015-03-31 | (m) | (m) | $23.20M | $128.65M | (m) | (m) | (m) | (m) | (m) |
| 2014-12-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2014-03-31 | (m) | (m) | $22.48M | $102.85M | (m) | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.