v3.26.1
REVENUE RECOGNITION
 9 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION
NOTE 2: REVENUE RECOGNITION
The majority of our revenues are from our United States (U.S.) tax services business. The following table disaggregates our U.S. revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
(in 000s)
Three months ended March 31,Nine months ended March 31,
2026202520262025
Revenues:
U.S. assisted tax preparation$1,742,135 $1,635,877 $1,846,698 $1,727,220 
U.S. royalties128,182 133,961 139,139 143,312 
U.S. DIY tax preparation215,245 214,666 235,797 231,646 
Refund Transfers119,935 113,732 121,416 115,229 
Peace of Mind® Extended Service Plan14,347 15,625 54,087 54,867 
Tax Identity Shield®8,485 7,025 16,851 14,947 
Emerald Card® and SpruceSM
39,590 40,195 56,566 59,169 
Interest and fee income on Emerald Advance®15,198 14,286 28,644 26,594 
International70,119 60,438 170,498 157,104 
Wave29,871 26,717 89,506 79,681 
Other15,000 14,582 41,321 40,215 
Total revenues$2,398,107 $2,277,104 $2,800,523 $2,649,984 
Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
(in 000s)
POMDeferred RevenueDeferred Wages
Nine months ended March 31,2026202520262025
Balance, beginning of the period$149,302 $156,610 $19,884 $20,212 
Amounts deferred83,409 70,536 9,355 7,222 
Amounts recognized on previous deferrals(61,743)(64,885)(7,925)(8,396)
Balance, end of the period$170,968 $162,261 $21,314 $19,038 
As of March 31, 2026, deferred revenue related to POM was $171.0 million. We expect that $91.9 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years.
As of March 31, 2026 and 2025, Tax Identity Shield® (TIS) deferred revenue was $37.6 million and $31.2 million, respectively. Deferred revenue related to TIS was $22.6 million and $21.4 million as of June 30, 2025 and 2024, respectively. All deferred revenue related to TIS will be recognized by April 2027.