Q2 26 EPS
$-1.84
BEAT +2.77%
Est. $-1.89
Q2 26 Revenue
$198.9M
BEAT +6.14%
Est. $187.4M
vs S&P Since Q2 26
-9.4%
TRAILING MARKET
HRB -2.6% vs S&P +6.9%
Market Reaction
Did HRB Beat Earnings? Q2 2026 Results
H&R Block delivered a stronger-than-expected fiscal second quarter, beating consensus estimates on both the top and bottom lines despite the seasonal loss that defines its off-peak period. The tax services company posted an adjusted loss per share of… Read more H&R Block delivered a stronger-than-expected fiscal second quarter, beating consensus estimates on both the top and bottom lines despite the seasonal loss that defines its off-peak period. The tax services company posted an adjusted loss per share of $1.84, ahead of the $1.89 consensus estimate by 2.77%, while revenue climbed 11.1% year-over-year to $198.87 million, topping expectations of $187.36 million by 6.14%. The outperformance was driven by higher volume and net average charge in assisted tax preparation, alongside double-digit growth in Wave subscriptions and payments and accelerating DIY software sales. As is typical for the heavily seasonal business, Q2 generated a net loss, though management struck a confident tone by reaffirming its full-year fiscal 2026 outlook, projecting revenue of $3.88 billion to $3.90 billion and adjusted diluted EPS of $4.85 to $5.00. Still, some analysts remain cautious heading into tax season, citing intensifying competition from AI-native tax solutions as a potential headwind to growth.
Key Takeaways
- • Higher volume and net average charge in assisted tax preparation category
- • Strong growth in Wave subscription revenue and payments volume
- • Increased DIY software sales
- • Fewer shares outstanding from share repurchases improving per-share metrics
HRB YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
HRB Revenue by Segment
With YoY comparisons, source: SEC Filings
“Across the business, we've made tangible improvements this season, whether receiving assistance from a tax professional or filing using our award-winning online tax product. We are elevating the value we deliver through expert‑led, technology‑enabled experiences that are increasingly supported by thoughtful AI integration. In a year of heightened uncertainty for many filers, our client‑first strategy and disciplined execution keep us focused on durable growth and long‑term value.”
— Curtis Campbell, Q2 2026 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% |