Q3 25 EPS
$5.38
BEAT +4.06%
Est. $5.17
Q3 25 Revenue
$2.28B
BEAT +1.30%
Est. $2.25B
vs S&P Since Q3 25
-69.3%
TRAILING MARKET
HRB -39.5% vs S&P +29.8%
Market Reaction
Did HRB Beat Earnings? Q3 2025 Results
H&R Block delivered a clean beat across the board in fiscal Q3 2025, as the tax services giant posted adjusted diluted EPS of $5.38, clearing the $5.17 consensus estimate by 4.06%, while revenue climbed 4.2% year over year to $2.28 billion against ex… Read more H&R Block delivered a clean beat across the board in fiscal Q3 2025, as the tax services giant posted adjusted diluted EPS of $5.38, clearing the $5.17 consensus estimate by 4.06%, while revenue climbed 4.2% year over year to $2.28 billion against expectations of $2.25 billion. The outperformance was anchored by strength in the company's Assisted tax preparation segment, which grew to $1.64 billion from $1.53 billion in the prior-year period, driven by higher net average charge and increased company-owned return volumes, a reflection of the redesigned client experience CEO Jeff Jones has credited with improved satisfaction scores and market share gains. DIY tax preparation added to the momentum, rising to $214.67 million, though international revenue softened to $60.44 million. Notably, free cash flow has significantly exceeded reported profit in recent periods, suggesting statutory earnings may understate underlying earning power. Management reaffirmed its full-year fiscal 2025 outlook, projecting revenue of $3.69 billion to $3.75 billion and adjusted diluted EPS of $5.15 to $5.35, with a favorable tax rate of approximately 13% expected to contribute roughly $0.50 in one-time EPS benefit.
Key Takeaways
- • Higher overall net average charge (NAC)
- • Higher company-owned return volumes in the U.S.
- • Improved volume and market share trends in the Assisted channel
- • Redesigned client experience driving higher client satisfaction scores
- • Fewer shares outstanding from share repurchases boosting EPS growth
HRB YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
HRB Revenue by Segment
With YoY comparisons, source: SEC Filings
“Today we are reaffirming our FY25 outlook. Our transformation continues to gather momentum and deliver results. We meaningfully enhanced the new client experience this season, driving higher client satisfaction scores and improving volume and market share trends in the Assisted channel.”
— Jeff Jones, Q3 2025 Earnings Press Release
HRB Earnings Trends
HRB vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HRB EPS Trend
Earnings per share: estimate vs actual
HRB Revenue Trend
Quarterly revenue: estimate vs actual
HRB Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 | — | — | — | — | — |
| Q3 26 BEAT | $5.77 | $6.02 | +4.33% | $2.40B | +2.67% |
| Q2 26 BEAT | $-1.89 | $-1.84 | +2.77% | $198.9M | +6.14% |
| Q1 26 BEAT | $-1.35 | $-1.20 | +11.28% | $203.6M | +1.71% |
| Q4 25 MISS FY | $2.83 | $2.27 | -19.86% | $1.11B | +455.14% |
| FY Full Year | $5.25 | $4.66 | -11.24% | $3.76B | +1.00% |
| Q3 25 BEAT | $5.17 | $5.38 | +4.06% | $2.28B | +1.30% |