H&R Block

HRB Q4 2025 Earnings

Reported Aug 12, 2025 at 4:08 PM ET · SEC Source

Q4 25 EPS

$2.27

MISS 19.86%

Est. $2.83

Q4 25 Revenue

$1.11B

BEAT +455.14%

Est. $200.1M

vs S&P Since Q4 25

-40.6%

TRAILING MARKET

HRB -26.9% vs S&P +13.7%

Full Year 2025 Results

FY 25 EPS

$4.66

MISS 11.24%

Est. $5.25

FY 25 Revenue

$3.76B

BEAT +1.00%

Est. $3.72B

Market Reaction

Did HRB Beat Earnings? Q4 2025 Results

H&R Block delivered a mixed fiscal fourth quarter, with an earnings miss overshadowing a modest revenue beat as a delayed tax benefit left a visible gap in the results. Adjusted diluted EPS came in at $2.27, falling short of the $2.83 consensus estim… Read more H&R Block delivered a mixed fiscal fourth quarter, with an earnings miss overshadowing a modest revenue beat as a delayed tax benefit left a visible gap in the results. Adjusted diluted EPS came in at $2.27, falling short of the $2.83 consensus estimate by 19.79%, largely because a one-time tax benefit of roughly $0.50 per share tied to the closure of tax examination matters failed to materialize before the fiscal year ended June 30. Revenue of $1.11 billion grew 4.5% year over year and edged 3.46% above the $1.07 billion analyst estimate, supported by higher net average charge across both Assisted and DIY channels. For the full fiscal year, the company returned $600 million to shareholders and raised its quarterly dividend by 12% to $0.42 per share, marking eight consecutive annual increases. With an incoming CEO taking the helm January 1, 2026, management is guiding fiscal 2026 adjusted diluted EPS of $4.85 to $5.00 on revenue of $3.88 billion to $3.90 billion, signaling confidence in continued momentum.

Key Takeaways

  • Increase in overall net average charge (NAC) across Assisted and DIY
  • Higher company-owned return volumes in the U.S.
  • Landmark year for small business operations
  • Share repurchases reducing diluted share count
24/7 Wall St

HRB YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

HRB Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q3 26

“Fiscal 2025 marked another year of meaningful progress in our transformation journey, with strong revenue growth, disciplined capital allocation, and continued innovation across our client offerings. As we look ahead, we are intensifying efforts to engage clients with more complex needs, expanding our small business reach, and further leveraging technology and AI to deliver greater business efficiencies and seamless, personalized experiences that distinguish H&R Block in the marketplace.”

— Jeff Jones, Q4 2025 Earnings Press Release