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 revenue of $224.3 million, a 10.2% increase from the prior year.
Total operating expenses rose 11.1% to $456.2 million, driven by higher field compensation, corporate expenses, & occupancy costs.
Net loss from continuing operations increased 13.8% to $188.1 million, or $1.53 per share.
Adjusted net loss from continuing operations was $172.1 million, or $1.40 per share, reflecting share repurchases.
The company repurchased & retired 2.2 million shares for $100.3 million as part of its capital return strategy.
$500 million remains available on the $1.5 billion share repurchase program.
The Board declared a quarterly cash dividend of $0.46 per share to be paid on January 6, 2027.
Year-to-date capital returns to shareholders totaled $156.9 million in dividends & share repurchases.
Fiscal 2027 full-year revenue outlook remains $4.11 billion to $4.16 billion.
Fiscal 2027 adjusted EBITDA guidance is reaffirmed at $1.11 billion to $1.14 billion.
Fiscal 2027 adjusted diluted EPS guidance remains in the range of $6.04 to $6.24.
Revenue growth was primarily driven by international services, tax protection, identity services, small business services, & U.S. tax preparation.
The company recognized $8.0 million in severance costs related to seasonal office leadership transitions, excluded from adjusted results.