Houlihan Lokey, the global investment bank, reported its fiscal fourth-quarter earnings for the period ending March 31, 2026. Revenue reached $1.2 billion, a 12% increase year-over-year, driven by strong performance in corporate finance (M&A advisory) and financial restructuring segments.
The company's net income for the quarter was $180 million, up 8% from the prior year, with diluted earnings per share of $2.45. Adjusted EBITDA margin improved to 28%, reflecting operational efficiency gains.
Management highlighted a robust pipeline for M&A deals, particularly in the middle market, and noted increased activity in restructuring as interest rates remain elevated. The board declared a quarterly dividend of $0.55 per share, payable on June 15, 2026.
