# HOULIHAN LOKEY, INC. (HLI) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from HOULIHAN LOKEY, INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2026 MD&A](/company/HLI/mda/fy2026/): filed 2026-05-22; accession 0001302215-26-000053 (https://www.sec.gov/Archives/edgar/data/1302215/000130221526000053/hli-20260331.htm); latest 10-K
- [FY 2025 MD&A](/company/HLI/mda/fy2025/): filed 2025-05-15; accession 0001302215-25-000024 (https://www.sec.gov/Archives/edgar/data/1302215/000130221525000024/hli-20250331.htm)
- [FY 2024 MD&A](/company/HLI/mda/fy2024/): filed 2024-05-21; accession 0001302215-24-000028 (https://www.sec.gov/Archives/edgar/data/1302215/000130221524000028/hli-20240331.htm)
- [FY 2023 MD&A](/company/HLI/mda/fy2023/): filed 2023-05-25; accession 0001302215-23-000031 (https://www.sec.gov/Archives/edgar/data/1302215/000130221523000031/hli-20230331.htm)
- [FY 2022 MD&A](/company/HLI/mda/fy2022/): filed 2022-05-27; accession 0001302215-22-000029 (https://www.sec.gov/Archives/edgar/data/1302215/000130221522000029/hli-20220331.htm)

Back to /company/HLI/