GlobeNewswire·Nov 9, 2026, 4:05 PM ET

H&R Block Reports Fiscal 2027 First Quarter Results and Reaffirms Fiscal 2027 Outlook

H&R Block reported fiscal 2027 first-quarter total revenue of $224.3 million, representing a 10.2% increase compared to the prior year.
Revenue growth was driven by international services, higher tax protection & identity services, increased small business services, & growth in U.S. tax preparation revenues.
Total operating expenses rose 11.1% to $456.2 million due to higher field compensation, increased general corporate expenses, & higher occupancy & equipment costs.
The company recognized $8.0 million in severance costs related to seasonal office leadership transitions, which were excluded from adjusted results.
Net loss from continuing operations increased 13.8% to $188.1 million, while adjusted net loss from continuing operations increased 9.5% to $172.1 million.
The Board declared a quarterly cash dividend of $0.46 per share, payable on January 6, 2027, to shareholders of record as of December 3, 2026.
The company repurchased & retired 2.2 million shares for $100.3 million ($45.68 per share) in the first quarter.
Approximately $500 million remains available on the $1.5 billion share repurchase program, with $156.9 million returned to shareholders year-to-date via dividends & buybacks.
Fiscal 2027 full-year outlook was reaffirmed, projecting revenue between $4.11 billion & $4.16 billion, adjusted EBITDA between $1.11 billion & $1.14 billion, & adjusted diluted EPS between $6.04 & $6.24.
A conference call to discuss results is scheduled for November 9, 2026, at 4:30 p.m. ET.