Every material Form 8-K Houlihan Lokey filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Houlihan Lokey reported fiscal second-quarter 2027 revenue of $692 million, up from $660 million a year earlier, and GAAP diluted EPS of $1.64 versus $1.63. Net income attributable to the company was $109 million, down from $111 million, and six-month diluted EPS fell to $2.78 from $3.04. The board declared a regular quarterly dividend of $0.70 per share.
Q2 revenue was $692 million, up from $660 million; Corporate Finance rose 10% and Financial Restructuring fell 12%.
Adjusted diluted EPS was $1.85, versus $1.84 a year earlier (non-GAAP).
Quarterly dividend of $0.70 per share is payable December 15, 2026, to holders of record on December 1, 2026.
As of September 30, 2026, the company had $888 million of cash and cash equivalents and investment securities.
Houlihan Lokey disclosed that director Todd J. Carter resigned from its board on October 2, 2026, effective immediately. The filing states the resignation was not due to any disagreement with the company on its operations, policies or practices.
Todd J. Carter resigned from the board of directors on October 2, 2026, effective immediately
The company states the resignation was not the result of any disagreement on operations, policies or practices
The 8-K was signed by Prabha S. Bhandari, Chief Legal Officer and Secretary, on October 5, 2026
Houlihan Lokey stockholders approved a second amended and restated 2016 Incentive Award Plan at the September 16, 2026 annual meeting, reserving 12 million shares and reducing the automatic annual share increase from 6% to 1%. The board also elected Thomas Reichert as an independent director effective October 1, 2026, and named Prabha Sipi Bhandari Chief Legal Officer after General Counsel Christopher Crain retired.
Proposal 4 (incentive plan) passed with 161,991,591 votes for and 42,486,557 against
Thomas Reichert joins the board effective October 1, 2026, with a $120,000 restricted stock award
Prabha Sipi Bhandari appointed Chief Legal Officer and Secretary on September 16, 2026; Christopher Crain, General Counsel since 2004, became Corporate Senior Advisor
All three director nominees were elected to terms ending at the 2029 annual meeting
Houlihan Lokey director Gillian B. Zucker told the board on September 3, 2026 that she does not intend to stand for reelection when her term expires at the 2026 Annual Meeting of Stockholders. The filing states her decision was not the result of any disagreement with the company on its operations, policies or practices.
Gillian B. Zucker informed the board on September 3, 2026 of her decision
Her term expires at the Company's 2026 Annual Meeting of Stockholders
The filing states the decision involved no disagreement with the company
Houlihan Lokey reported first quarter fiscal 2027 revenue of $511 million, down from $605 million a year earlier, and GAAP diluted EPS of $1.15, down from $1.42. Adjusted diluted EPS was $1.35, versus $2.14 a year earlier. CEO Scott Adelson attributed the decline to Corporate Finance headwinds, including instability in the Middle East and disruption in the software sector, and said management believes these headwinds are temporary.
Revenues were $511 million versus $605 million for the first quarter ended June 30, 2025; Corporate Finance revenue fell 24% to $303 million.
GAAP diluted EPS was $1.15 versus $1.42; adjusted diluted EPS was $1.35 versus $2.14.
The Board declared a quarterly dividend of $0.70 per share, payable September 15, 2026, to holders of record as of September 1, 2026.
As of June 30, 2026, the company had $797 million of cash, cash equivalents and investment securities and repurchased 348 thousand shares in the quarter.
Houlihan Lokey reported record revenue of $2.62 billion for the fiscal year ended March 31, 2026, up from $2.39 billion, and GAAP diluted EPS of $6.22, up from $5.82. Fourth-quarter revenue fell to $636 million from $666 million, and GAAP diluted EPS fell to $1.47 from $1.76, so shareholders see a strong full year but a weaker final quarter. The board also raised the quarterly dividend 16.7% to $0.70 per share.
Fiscal 2026 revenue was $2.62 billion versus $2.39 billion; GAAP diluted EPS was $6.22 versus $5.82.
Fourth-quarter revenue was $636 million versus $666 million; GAAP diluted EPS was $1.47 versus $1.76.
Adjusted diluted EPS was $7.56 for the fiscal year (versus $6.29) and $1.63 for the quarter (versus $1.96), per the company's non-GAAP measures.
Quarterly dividend increased 16.7% to $0.70 per share, payable June 15, 2026 to holders of record June 1, 2026.
Houlihan Lokey director Robert A. Schriesheim informed the company on January 24, 2026 that he does not intend to stand for reelection when his term expires at the 2027 Annual Meeting of Shareholders. He has served on the board since July 2015. The filing discloses no financial results, replacement director, or other changes.
Director Robert A. Schriesheim notified the company on January 24, 2026.
He has served as a director since July 2015.
He does not intend to stand for reelection at the 2027 Annual Meeting of Shareholders.
The filing was signed by CFO J. Lindsey Alley on January 29, 2026.
Houlihan Lokey reported third-quarter fiscal 2026 revenues of $717 million, up from $634 million a year earlier, and GAAP diluted EPS of $1.70, up from $1.39. The company also declared a $0.60 quarterly dividend per share, payable March 15, 2026, which matters to shareholders because higher earnings were paired with a continued cash dividend.
Revenue by segment: Corporate Finance $474 million (up 12%), Financial Restructuring $156 million (up 19%), Financial and Valuation Advisory $87 million (up 6%)
Adjusted diluted EPS (non-GAAP) was $1.94, compared with $1.64 a year earlier
Dividend of $0.60 per share, record date March 2, 2026, payable March 15, 2026
Unrestricted cash and investment securities totaled $1.18 billion as of December 31, 2025
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Houlihan Lokey filing is on SEC EDGAR ↗. 8-K briefs of other companies →