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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]      
Revenues $ 2,389,416 $ 1,914,404 $ 1,809,447
Operating expenses:      
Employee compensation and benefits 1,469,491 1,177,355 1,112,809
Acquisition related compensation and benefits 54,777 36,234 35,070
Travel, meals, and entertainment 64,917 65,298 51,082
Rent 77,882 76,079 55,838
Depreciation and amortization 41,270 28,536 58,221
Information technology and communications 69,400 60,168 54,125
Professional fees 41,202 49,077 32,940
Other operating expenses 68,933 58,796 67,624
Total operating expenses 1,887,872 1,551,543 1,467,709
Operating income 501,544 362,861 341,738
Other income, net (29,791) (27,678) 17,738
Income before provision for income taxes 531,335 390,539 324,000
Provision for income taxes 131,624 110,238 69,777
Net income attributable to Houlihan Lokey, Inc. 399,711 280,301 254,223
Other comprehensive income, net of tax:      
Foreign currency translation adjustments 3,327 (3,794) (19,467)
Comprehensive income attributable to Houlihan Lokey, Inc. $ 403,038 $ 276,507 $ 234,756
Weighted average shares of common stock outstanding:      
Basic (in shares) 65,724,473 64,337,975 63,358,408
Diluted (in shares) 68,658,347 68,159,390 67,586,263
Earnings per share (Note 13)      
Basic (in usd per share) $ 6.08 $ 4.36 $ 4.01
Diluted (in usd per share) $ 5.82 $ 4.11 $ 3.76