HOULIHAN LOKEY, INC. HLI

Houlihan Lokey's strongest current fact is simple and filed: revenue reached $2.62 billion for the fiscal year ended March 31, 2026, up 10% from $2.39 billion in fiscal 2025, according to the company's 10-K filed on SEC EDGAR on May 22, 2026.

This is an equity story tied to an operating advisory business, not a product launch or a commodity shelf. The supplied rail does not give a new service announcement, customer win or segment table. It does, however, show that international operations contributed $842 million of revenue in fiscal 2026, after $687 million in fiscal 2025 and $570 million in fiscal 2024, so the business evidence points to a broader fee base outside the domestic line rather than a single one-off headline.

The filed financials put net income attributable to parent at $425.7 million, operating income at $527.0 million, diluted EPS at $6.22 and diluted weighted average shares at 68.4 million for the period ending March 31, 2026. The balance sheet shows $4.31 billion of assets, $1.86 billion of liabilities and $1.19 billion of cash and cash equivalents. Cash generation also matters here: net cash provided by operating activities was $704.1 million, while payments to acquire property, plant and equipment were $22.3 million.

No TradingView route or chart source is supplied in this evidence pack, so the market mechanism has to be described through filings rather than invented levels or candle patterns. The public source rail is SEC EDGAR: the 10-K, the May 6 results 8-K, the filing index, the submissions JSON and companyfacts JSON. That is enough to frame the latest company evidence, but not enough to claim intraday price behaviour, support, resistance or valuation movement.

The named public development before the annual report was the May 7, 2026 SEC EDGAR 8-K, which says Houlihan Lokey issued a press release on May 6 announcing financial results for the fiscal year and fourth fiscal quarter ended March 31, 2026. Several Form 4 filings then appeared on May 21 and May 22. The evidence names those insider reporting forms, but does not supply their transaction quantities, prices or direction, so they should be treated as filing activity rather than a parsed management signal.

The clean tension is between a high-cash, low-capex advisory model and the source limits of the current rail. The numbers support a profitable fiscal year with rising revenue, meaningful operating cash flow and international revenue growth. What the pack does not prove is deal pipeline quality, segment pressure, forward guidance, valuation, dividend policy, client concentration or any current share-price reaction.