---
title: "Houlihan Lokey 1Q 2027: Revenue $511M, EPS $1.15— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294554780.md"
description: "Houlihan Lokey reported Q1 2027 revenue of $511M and diluted EPS of $1.15, both down significantly from the prior year. The 16% revenue decline was driven by lower Corporate Finance fees, though Financial & Valuation Advisory fees rose 13%. Net income fell to $78M, and segment profits dropped overall due to weaker corporate finance activity despite growth in advisory services."
datetime: "2026-07-31T20:51:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294554780.md)
  - [en](https://longbridge.com/en/news/294554780.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294554780.md)
generator: "portal-rs"
---

# Houlihan Lokey 1Q 2027: Revenue $511M, EPS $1.15— 10-Q Summary

Houlihan Lokey reported first-quarter 2027 results (three months ended June 30, 2026) with revenue of $511M and diluted EPS of $1.15, down from $605M and $1.42 a year earlier as net income attributable to the company fell to $78M.

**Financial Highlights**

-   Revenue was $511M for the quarter, compared with $605M in the year-ago quarter; YoY change (16.0%).
-   Net income attributable to Houlihan Lokey, Inc. was $78M, compared with $98M in the year-ago quarter; YoY change (20.4%).
-   Diluted earnings per share was $1.15 for the quarter, compared with $1.42 in the year-ago quarter; YoY change (19.0%).

**Business Highlights**

-   Revenue decline of 16% was driven primarily by lower Corporate Finance fees and changes in fee mix.
-   Corporate Finance volumes fell while Financial & Valuation Advisory (FVA) fee events rose 13%, indicating a shift toward advisory and valuation services.
-   Segment profit was down about 18% overall; FVA segment profit grew 34% while Corporate Finance profit declined roughly 30% due to lower fees.
-   Compensation ratio remained near 64% despite the revenue drop; managing director headcount increased in both Corporate Finance and FVA to support future deal capacity.
-   Operating cash outflow widened, attributed to seasonal bonus payouts and higher working capital requirements.

Original SEC Filing: HOULIHAN LOKEY, INC. \[ HLI \] - 10-Q - Jul. 31, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [HLI.US](https://longbridge.com/en/quote/HLI.US.md)

## Related News & Research

- [Houlihan Lokey, Inc. $HLI Shares Sold by NewEdge Advisors LLC](https://longbridge.com/en/news/296200313.md)
- [HOULIHAN LOKEY, INC. FY 2026: Revenue $2.62B, EPS $6.22— 10-K Summary](https://longbridge.com/en/news/287404207.md)
- [3 Next-Gen AI Stocks That 3G Capital Bought in Q2](https://longbridge.com/en/news/296496173.md)
- [Forrester Introduces AI Disruption Model To Assess AI’s Impact On Technology And Service Markets | FORR Stock News](https://longbridge.com/en/news/296329518.md)
- [Valor, Point72 back General Intuition at $6B valuation as AI startup pushes into robotics](https://longbridge.com/en/news/296807529.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**