H&R BLOCK INC HRB
H&R Block provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small business solutions. We blend digital innovation with human expertise and care to help people get the best outcome at tax time and also be better with money by using our mobile banking app, Spruce℠. Through Block Advisors® and Wave®, we help small-business owners thrive with year-round bookkeeping, payroll, advisory and payment processing solutions.
H&R Block, Inc. was organized as a corporation in 1955 under the laws of the State of Missouri. A complete list of our subsidiaries as of June 30, 2026 can be found in Exhibit 21.
(1) An Assisted tax return is defined as a current or prior year individual or business tax return, including virtual returns, signed by a tax professional and accepted by the client. A DIY online paid return is defined as a current year individual or business tax return that is prepared by the client on our DIY online platform using a paid product and accepted by the client.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.95B | $3.76B | $3.61B | $3.47B | $3.46B | — | $3.41B | $2.64B | $3.09B | $3.16B |
| Cost of revenue | $2.20B | $2.09B | $1.99B | $1.92B | $1.88B | — | $1.84B | $1.71B | $1.76B | $1.74B |
| Gross profit | $1.75B | $1.67B | $1.62B | $1.55B | $1.58B | — | $1.57B | $927.4M | $1.34B | $1.42B |
| SG&A | $841.3M | $846.9M | $813.5M | $800.0M | $837.1M | — | $802.3M | $744.4M | $722.2M | $668.2M |
| Total operating expenses | $3.04B | $2.93B | $2.81B | $2.72B | $2.72B | — | $2.64B | $2.56B | $2.48B | $2.41B |
| Pre-tax income | $853.9M | $781.4M | $762.3M | $711.2M | $659.1M | — | $762.3M | -$3.4M | $545.2M | $668.7M |
| Income tax | $117.6M | $172.0M | $164.4M | $149.4M | $98.4M | — | $164.4M | $9.5M | $99.9M | $41.8M |
| Net income | $733.6M | $605.8M | $595.3M | $553.7M | $553.7M | — | $583.8M | -$7.5M | $422.5M | $613.1M |
| EPS, basic | 5.72 | 4.45 | 4.18 | 3.58 | 3.27 | — | 3.11 | -0.04 | 2.05 | 2.93 |
| EPS, diluted | 5.66 | 4.39 | 4.12 | 3.51 | 3.22 | — | 3.08 | -0.04 | 2.04 | 2.91 |
| Shares, diluted (wtd. avg.) | $128.9M | $137.3M | $143.9M | $157.2M | $171.4M | — | $188.8M | $198.1M | $206.7M | $210.2M |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $958.7M | $983.3M | $1.08B | $1.02B | $1.05B | $1.58B | $1.06B | $2.87B | $1.71B | $1.66B |
| Receivables | $58.2M | $63.6M | $69.1M | $60.0M | $58.4M | $88.9M | $197.9M | $133.2M | $139.0M | $146.8M |
| Total current assets | $1.13B | $1.16B | $1.24B | $1.19B | $1.38B | $2.08B | $1.70B | $3.09B | $1.99B | $1.89B |
| Property, plant and equipment | $141.5M | $135.1M | $131.3M | $130.0M | $123.9M | $139.3M | $148.5M | $184.4M | $212.1M | $231.9M |
| Goodwill | $812.5M | $802.1M | $785.2M | $775.5M | $760.4M | $754.5M | $757.7M | $712.1M | $519.9M | $507.9M |
| Other intangibles | $267.0M | $259.4M | $264.1M | $277.0M | $309.6M | $351.1M | $360.1M | $415.0M | $342.5M | $374.0M |
| Total assets | $3.26B | $3.26B | $3.22B | $3.07B | $3.27B | $4.01B | $3.65B | $5.11B | $3.30B | $3.14B |
| Accounts payable | $156.3M | $144.0M | $155.8M | $159.9M | $160.9M | $164.3M | $198.1M | $203.1M | $249.5M | $252.0M |
| Short-term debt | $0 | $349.9M | $0 | $0 | $0 | $0 | $0 | $649.4M | $0 | $1.0M |
| Total current liabilities | $993.4M | $1.30B | $977.3M | $938.8M | $998.8M | $982.5M | $1.16B | $1.58B | $923.0M | $843.7M |
| Long-term debt | $1.49B | $1.14B | $1.49B | $1.49B | $1.49B | $1.98B | $1.49B | $2.85B | $1.49B | $1.49B |
| Total liabilities | $3.14B | $3.18B | $3.13B | $3.04B | $3.06B | $3.63B | $3.30B | $5.04B | $2.76B | $2.75B |
| Retained earnings | $30.8M | $12.1M | $12.7M | -$48.7M | $120.4M | $286.7M | $248.5M | $43.0M | $499.4M | $363.0M |
| Total equity | $117.5M | $88.9M | $90.6M | $32.1M | $211.6M | $388.1M | $352.4M | $71.0M | $541.5M | $393.7M |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $838.7M | $680.9M | $720.9M | $821.8M | $808.5M | — | $625.9M | $109.0M | $606.5M | $850.0M |
| Depreciation and amortisation | $122.4M | $116.8M | $121.8M | $130.5M | $142.2M | — | $156.9M | $169.5M | $166.7M | $183.3M |
| Stock-based compensation | $30.5M | $32.5M | $34.3M | $31.3M | $34.3M | — | $28.3M | $28.0M | $23.8M | $22.0M |
| Capital expenditure | $82.6M | $82.0M | $63.7M | $69.7M | $62.0M | — | $52.8M | $81.7M | $95.5M | $98.6M |
| Investing cash flow | -$124.8M | -$105.4M | -$93.9M | -$101.4M | -$76.5M | — | -$45.5M | -$470.2M | -$155.1M | -$112.1M |
| Financing cash flow | -$734.2M | -$647.4M | -$564.3M | -$751.0M | -$1.26B | — | -$2.41B | $1.53B | -$403.7M | -$190.7M |
| Dividends paid | $211.0M | $197.3M | $179.8M | $177.9M | $186.5M | — | $195.1M | $204.9M | $205.5M | $200.5M |
| Buybacks | $12.7M | $37.0M | $29.4M | $18.7M | $12.8M | — | $3.1M | $9.4M | $5.1M | $9.1M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000012659-26-000026.
Others in SIC 7200
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SCI | SERVICE CORP INTERNATIONAL | $11.23B | 21.6x | 2.9% |
| UNF | UNIFIRST CORP | $4.98B | 34.5x | 0.2% |
| YELP | YELP INC | $1.18B | 9.7x | 3.7% |
| CSV | CARRIAGE SERVICES INC | $538.7M | 10.4x | 3.3% |
| WW | WW INTERNATIONAL, INC. | $180.2M | — | — |
| EVI | EVI INDUSTRIES, INC. | $175.8M | 27.9x | 10.3% |
| RGS | REGIS CORP | $71.2M | 11.8x | 6.8% |
| DLPN | Dolphin Entertainment, Inc. | $15.4M | — | 9.7% |