{"id":959122,"date":"2026-05-06T16:26:54","date_gmt":"2026-05-06T20:26:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hr-block-reports-fiscal-2026-third-quarter-results\/"},"modified":"2026-05-06T16:26:54","modified_gmt":"2026-05-06T20:26:54","slug":"hr-block-reports-fiscal-2026-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hr-block-reports-fiscal-2026-third-quarter-results\/","title":{"rendered":"H&R Block Reports Fiscal 2026\u00a0Third Quarter Results"},"content":{"rendered":"
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\n \u2014 Maintains Assisted Channel Market Share, Marking Third Consecutive Year of Improvement \u2014\u00a0<\/strong>\n <\/p>\n

\n \u2014 Revenue Increased 5.3% \u2014<\/strong>\n <\/p>\n

\n \u2014 Announces Plans for Incremental Fiscal 2026 Share Repurchases \u2014<\/strong>\n <\/p>\n

\n \u2014 Raises Fiscal 2026 Outlook \u2014<\/strong>\n <\/p>\n

KANSAS CITY, Mo., May 06, 2026 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) (the “Company”) today released financial results1<\/sup> for its fiscal 2026 third quarter ended March\u00a031, 2026.<\/p>\n

“This season marked an important inflection point, demonstrating that our strategy is driving higher-quality business outcomes,” said Curtis Campbell, president and chief executive officer. “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.”<\/p>\n

\n Fiscal 2026 <\/strong>
\n Third<\/strong>
\n Quarter Results and Key Financial Metrics<\/strong>\n <\/p>\n

“This quarter demonstrates strong execution across the business, with solid revenue growth and enhanced profitability,” said Tiffany Mason, chief financial officer. “Progress this tax season with higher complexity clients underscores the durability of our financial model, and our year\u2011to\u2011date performance reinforces our confidence as we raise our full year outlook.”<\/p>\n

For the third quarter, the Company delivered total revenue of $2.4 billion, an increase of $121.0 million, or 5.3%, versus the prior year. The increase was primarily the result of higher net average charge (NAC) and volume in the U.S. assisted tax preparation category, growth in international revenue, and an increase in Refund Transfer volume.<\/p>\n

Total operating expenses of $1.4 billion increased by $62.5 million, or 4.8%, versus the prior year. The increase was primarily due to higher field wages as a result of increased assisted tax preparation revenue.<\/p>\n

During the quarter, the Company recognized a one-time non-cash tax benefit related to the resolution of an IRS examination. This $84.1 million benefit reduced income tax expense, providing a $0.65 benefit to earnings per share.<\/p>\n

Net income from continuing operations increased by $125.9 million, or 17.4%, to $848.8 million, and earnings per share from continuing operations2<\/sup> increased 24.2% to $6.61 driven by the one-time tax benefit, fewer shares outstanding from share repurchases, and higher net income.<\/p>\n

Adjusted net income from continuing operations2<\/sup> increased by $42.4 million, or 5.8%, to $773.7 million, and adjusted earnings per share from continuing operations2<\/sup> increased 11.9% to $6.02.<\/p>\n

\n Capital Allocation<\/strong>\n <\/p>\n

The Company reported the following related to its capital structure:<\/p>\n