GlobeNewswire·Nov 6, 2025, 4:05 PM ET

H&R Block Reports Fiscal 2026 First Quarter Results and Reaffirms Fiscal 2026 Outlook

H&R Block reported fiscal 2026 first quarter revenue of $203.6 million, an increase of 5.0% year-over-year.
The company repurchased $400 million of shares, retiring 7.9 million shares at an average price of $50.90 per share.
Total operating expenses decreased by 2.7% to $410.6 million, driven primarily by lower legal fees & settlements.
Net loss from continuing operations improved to $165.4 million, while adjusted loss per share increased to $1.20 due to fewer shares outstanding.
Revenue growth was fueled by higher net average charge, increased volume in the Assisted category, & strong growth in Wave subscription revenue & payments.
H&R Block reaffirmed its full-year fiscal 2026 outlook, expecting revenue between $3.875 billion & $3.895 billion.
The company plans to pay a quarterly cash dividend of $0.42 per share on January 6, 2026, to shareholders of record as of December 4, 2025.
Approximately $700 million remains available under the company's $1.5 billion share repurchase program.
A conference call to discuss the results is scheduled for November 6, 2025, at 4:30 p.m. ET.
Jeff Jones noted the company's strong start & expressed confidence in Curtis Campbell's leadership to continue the company's transformation.