v3.26.1
Segment Reporting
 9 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Disclosure
NOTE 10: SEGMENT INFORMATION
We provide assisted and DIY tax preparation solutions through multiple channels (including in-person, online and mobile applications, virtual, and desktop software) and distribute H&R Block-branded services and products, including those of our bank partners, to the general public primarily in the U.S., Canada and Australia. Tax returns are prepared by H&R Block tax professionals in one of our company-owned or franchise offices, virtually or via an online review, or they are prepared and filed by our clients through our DIY tax solutions. We also offer small business solutions through our company-owned and franchise offices (including in-person, online and virtual) and online through Wave. We report a single segment that includes all of our continuing operations. The majority of our revenues are from our U.S. tax services business.
The Company's Chief Operating Decision Maker (CODM) is our chief executive officer, who regularly reviews consolidated financial information to evaluate financial performance and allocate resources. Specifically, the CODM uses revenues, operating expenses, net income and EBITDA at a consolidated level, as key financial metrics in deciding how to reinvest to grow the business. These financial metrics are used by the CODM to make operating decisions and identify growth opportunities. The measure of segment assets is total consolidated assets as presented on the consolidated balance sheet.
The following table presents the significant revenue and expense categories included in the segment's net income from continuing operations as regularly provided to the CODM on a consolidated basis and then reconciled to net income for the three and nine months ended March 31, 2026 and 2025.
Consolidated – Financial Results(in 000s, except per share amounts)
Three months ended March 31,Nine months ended March 31,
2026202520262025
Revenues:
U.S. tax preparation and related services:
Assisted tax preparation$1,742,135 $1,635,877 $1,846,698 $1,727,220 
Royalties128,182 133,961 139,139 143,312 
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 
Compensation and benefits:
Field wages577,513 532,916 741,405 682,575 
Other wages78,703 74,621 230,987 230,687 
Benefits and other compensation118,151 111,575 194,802 188,731 
774,367 719,112 1,167,194 1,101,993 
Occupancy127,312 119,709 339,700 326,026 
Marketing and advertising185,388 196,667 208,725 221,502 
Depreciation and amortization31,519 29,221 90,442 87,247 
Bad debt39,806 40,479 63,827 62,625 
Other202,891 193,603 399,721 393,900 
Total operating expenses1,361,283 1,298,791 2,269,609 2,193,293 
Other income (expense), net3,941 4,554 15,077 19,215 
Interest expense on borrowings(24,307)(24,686)(65,087)(62,285)
Income from continuing operations before income taxes1,016,458 958,181 480,904 413,621 
Income taxes167,678 235,253 39,058 104,580 
Segment net income from continuing operations848,780 722,928 441,846 309,041 
Reconciliation of segment profit:
Reconciling items:
Net loss from discontinued operations(879)(598)(1,930)(2,707)
Net income$847,901 $722,330 $439,916 $306,334