v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS
 12 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill and Other Intangible Assets
The following table provides a reconciliation of Goodwill and Other intangible assets, net reported on the Consolidated Balance Sheets.
Useful LivesMarch 31, 2026March 31, 2025
GoodwillIndefinite$1,395,857 $1,284,589 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries140,677 133,785 
Total cost1,728,744 1,610,584 
Less: accumulated amortization(128,685)(113,325)
Goodwill and other intangible assets, net$1,600,059 $1,497,259 
The following table provides a reconciliation of goodwill attributable to the Company’s business segments:
April 1, 2025ChangeMarch 31, 2026
Corporate Finance (1)
$1,017,983 $110,015 $1,127,998 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory (2)
103,791 1,253 105,044 
Goodwill$1,284,589 $111,268 $1,395,857 
(1)Change is primarily attributable to a business combination.
(2)Change is primarily attributable to foreign currency translation adjustments.
Amortization expense of approximately $15,080, $19,328, and $10,754 was recognized for the years ended March 31, 2026, 2025, and 2024, respectively.
The estimated future amortization for finite-lived intangible assets for each of the next five years and thereafter are as follows:
Year Ended March 31,
2027$5,556 
20281,380 
2029671 
2030671 
2031 and thereafter3,411