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        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001794578</cik>
                    <ccc>XXXXXXXX</ccc>
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            <liveTestFlag>LIVE</liveTestFlag>



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            <issuerCik>0001302215</issuerCik>
            <issuerName>Houlihan Lokey, Inc.</issuerName>
            <secFileNumber>001-37537</secFileNumber>
            <issuerAddress>
                <ns2:street1>10250 Constellation Blvd</ns2:street1>
                <ns2:city>Los Angeles</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>90067</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>3105538871</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>GILLIAN ZUCKER</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>200</noOfUnitsSold>
            <aggregateMarketValue>35570.00</aggregateMarketValue>
            <noOfUnitsOutstanding>54026364</noOfUnitsOutstanding>
            <approxSaleDate>05/13/2025</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>05/27/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Shares</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>200</amountOfSecuritiesAcquired>
            <paymentDate>05/27/2022</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for GILLIAN ZUCKER</name>
                <address>
                    <ns2:street1>10250 Constellation Blvd</ns2:street1>
                    <ns2:city>Los Angeles</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>90067</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>04/14/2025</saleDate>
            <amountOfSecuritiesSold>200</amountOfSecuritiesSold>
            <grossProceeds>30882.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for GILLIAN ZUCKER</name>
                <address>
                    <ns2:street1>10250 Constellation Blvd</ns2:street1>
                    <ns2:city>Los Angeles</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>90067</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>03/13/2025</saleDate>
            <amountOfSecuritiesSold>200</amountOfSecuritiesSold>
            <grossProceeds>31654.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>05/13/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>05/21/2024</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Gillian B Zucker</signature>
        </noticeSignature>
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144
0001794578
XXXXXXXX
LIVE
0001302215
Houlihan Lokey, Inc.
001-37537
10250 Constellation Blvd
Los Angeles
CA
90067
3105538871
GILLIAN ZUCKER
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
200
35570.00
54026364
05/13/2025
NYSE
Common
05/27/2022
Restricted Stock Shares
Issuer
N
200
05/27/2022
N/A
N
10b5-1 Sales for GILLIAN ZUCKER
10250 Constellation Blvd
Los Angeles
CA
90067
Common
04/14/2025
200
30882.00
10b5-1 Sales for GILLIAN ZUCKER
10250 Constellation Blvd
Los Angeles
CA
90067
Common
03/13/2025
200
31654.00
05/13/2025
05/21/2024
/s/ Gillian B Zucker