Company: HLI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001302215-25-000092
Chunk: 30

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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207,162 Total segment assets1,689,673 1,698,951 Corporate assets1,828,130 2,120,757 Total assets$3,517,803 $3,819,708 Three Months Ended June 30,20252024Income before provision for income taxes by geographyUnited States$61,793 $61,058 International36,257 38,816 Income before provision for income taxes$98,050 $99,874 Three Months Ended June 30,20252024Revenues by geographyUnited States$422,420 $366,559 International182,929 147,050 Revenues$605,349 $513,609 June 30, 2025March 31, 2025Assets by geographyUnited States$2,153,146 $2,439,032 International1,364,6571,380,676Total assets$3,517,803 $3,819,708 

Note 19 — Subsequent Events

On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was signed into law in the U.S. The legislation has multiple effective dates, and the Company is currently evaluating the potential impact of OBBBA. On July 24, 2025, the Company's board of directors declared a quarterly cash dividend of $0.60 per share of Class A and Class B common stock, payable on September 15, 2025, to shareholders of record on September 2, 2025.

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Table of Contents

Item 2.    Management’s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Statements

The following discussion should be read together with our consolidated financial statements and the related notes that appear elsewhere in this Quarterly Report on Form 10-Q. We make statements in this discussion that are forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “intends,” “predicts,” “potential” or “continue,” the negative of these terms or other similar expressions. These forward-looking statements, which are subject to risks, uncertainties, and assumptions about us, may include projections of our future financial