Companies /Consumer Cyclical

H&R Block Inc

NYSE: HRB Personal Services
$52.77
â–² $0.10 (+0.18%) today
Markets open · 12:33pm ET

Q3 2026 Earnings

Reported May 6, 2026, 4:12pm ET · SEC source
$6.02
Beat +4.33%
EPS · est. $5.77
$2.4B
Beat +2.67%
Revenue · est. $2.3B
+4.7%
Beating market
HRB vs S&P since report
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+8%+16%May 6May 7report 4:12pm ETearnings−0.3%+19.5%
0+8%+16%May 6May 7earnings−0.3%+19.5%
HRB +19.5%S&P 500 −0.3%
0+8%+16%May 6May 7report 4:12pm ETearnings−0.3%+19.5%
0+8%+16%May 6May 7earnings−0.3%+19.5%
HRB +19.5%NASDAQ −0.3%
0+8%+16%May 5May 14report 4:12pm ETearnings+1.9%+17.7%
0+8%+16%May 5May 14earnings+1.9%+17.7%
HRB +17.7%S&P 500 +1.9%
0+8%+16%May 5May 14report 4:12pm ETearnings+3.5%+17.7%
0+8%+16%May 5May 14earnings+3.5%+17.7%
HRB +17.7%NASDAQ +3.5%
+23.77%
Day of report
+1.85%
Next session
−1.60%
One week
+5.43%
30 days

S&P 500 over the same 30 days: +0.75%.

Did HRB Beat Earnings? Q3 2026 Results

H&R Block delivered a strong fiscal third quarter, posting adjusted diluted EPS of $6.02 against a consensus estimate of $5.77, a beat of 4.33%, while revenue of $2.40 billion cleared expectations by 2.67% and grew 5.3% year over year. The primary engine behind the results was higher net average charge and volume in U.S. assisted tax preparation, with the company also noting a third consecutive year of improvement in its assisted channel market share, a meaningful reversal from prior pressure. EBITDA from continuing operations climbed to $1.07 billion, and total operating expenses rose a more modest 4.8% to $1.36 billion, reflecting disciplined cost management even as field wages tracked higher with revenue. Capital return activity remained robust, with $560.90 million returned to shareholders year-to-date through buybacks and dividends, the latter now carrying a 60-year streak of consecutive quarterly payments. Encouraged by the momentum, management raised its full-year fiscal 2026 outlook, now guiding for revenue of $3.91 to $3.92 billion and adjusted diluted EPS of $5.10 to $5.20, representing roughly 10.5% growth at the midpoint.

Key Takeaways
  • Higher net average charge (NAC) and volume in U.S. assisted tax preparation
  • Growth in international revenue
  • Increase in Refund Transfer volume
  • One-time non-cash tax benefit of $84.1 million from IRS examination resolution
  • Fewer shares outstanding from share repurchases
  • Improved assisted channel market share for third consecutive year
  • Progress with higher complexity clients

“This season marked an important inflection point, demonstrating that our strategy is driving higher-quality business outcomes. Our assisted market share trend improved meaningfully after several years of pressure, reflecting stronger execution across the season. Clients are choosing H&R Block for confidence, trust, and expert help, and our disciplined, expert-led, technology-enabled approach is delivering meaningful value.”

H&R Block CEO, on the earnings call

Forward Guidance & Outlook

The company raised its fiscal 2026 full-year outlook. Revenue is now expected to be in the range of $3.910 to $3.920 billion, representing 4.1% year-over-year growth at the midpoint. EBITDA is expected to be $1.025 to $1.035 billion, a 5.5% year-over-year increase at the midpoint. Adjusted diluted EPS is expected to be $5.10 to $5.20, a 10.5% year-over-year increase at the midpoint. The effective tax rate is expected to be approximately 14%.

HRB YoY Financials

Q3 2026 vs Q3 2025 · SEC filings Q3 2025 Q3 2026
$0$700.0M$1.4B$2.1B$2.3B$2.4BRevenue$978.3M$1.0BOperating Income$722.3M$848.8MNet Income
$0$700.0M$1.4B$2.1BRevenueOperating IncomeNet Income

HRB Revenue by Segment

U.S. Tax Preparation and Related Services$2.2B
Assisted Tax Preparation$1.7B+6.5%
DIY Tax Preparation$215.2M+0.3%
International$70.1M+16.0%
Royalties$128.2M−4.3%
Refund Transfers$119.9M+5.5%
Wave$29.9M+11.8%
Financial Services$54.8M

Figures from SEC filings and company reports. Not investment advice.