NYSE$HRB

H&R Block Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

H&R Block reported fiscal Q1 2026 revenue of $205M with a net loss of $198M and diluted loss per share of $1.45.

The fiscal first quarter is seasonally loss-making ahead of tax season. Revenue was $205.4 million versus $200.5 million a year ago. Net loss was $198.4 million ($1.45 per share) compared with a $206.0 million loss in the prior-year period. The company cited early tax-pro preparation investments and Block Advisors growth initiatives.

  • Q1 revenue $205M; net loss $198M (seasonal pre-tax quarter).
  • Diluted loss per share $1.45 vs. $1.50 prior year.
  • DIY and assisted tax prep investments ahead of peak season.
  • Balance sheet supports dividends and small-business expansion.

Headline financials

Total Revenue

$205M

Previous: $194M+6.0%
EPS (adj)

-$1.45

Previous: -$1.17-23.9%
EBITDA from continuing operations

-$170M

No prior period
Weighted Average Diluted Shares

131.4M

No prior period
Repurchase of common stock

$400M

No prior period
Dividends paid

$50.2M

No prior period
Net Income

-$198M

Previous: -$173M-15.0%
Operating Income

-$216M

Previous: -$435M+50.3%

Revenue & EPS history

H&R Block · Revenue · Quarterly

$205M

Q1 2026+6%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

H&R Block · $173M total across 10 segments · Q1 2024

  • International
    $60.6M+2.9%
  • U.S. Assisted Tax Preparation
    $39.3M+8.1%
  • Peace of Mind® Extended Service Plan
    $24.8M+0.3%
  • Wave
    $23.9M+5.7%
  • Emerald Card® and Spruce℠
    $8.63M-25.7%
  • U.S. Royalties
    $5.7M-8.5%
  • Tax Identity Shield®
    $4.58M-11.4%
  • U.S. DIY Tax Preparation
    $3.85M+21.8%
  • Refund Transfers
    $1.14M-11.1%
  • Interest and fee income on Emerald Advance®
    $298K-51.5%

Forward guidance

The release discusses H&R Block's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • H&R Block cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • GAAP profitability remained under pressure in Q1 2026.
  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.2%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+1.6%

Avg return

30 days after

39%

27 / 69 earnings

Positive

+23.5%

Q3 2026

Best reaction

-17.3%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+23.5%+25.1%+29.8%
Q2 2026-2.9%-11.9%-13.3%
Q1 2026-3.5%-10.7%-18.2%
Q3 2025-5.4%-7.6%-5.5%
Q2 2025-0.1%-3.4%+2.0%
Q1 2025-5.3%-4.1%-8.3%
Q4 2024+13.2%+17.0%+11.0%
Q3 2024+10.3%+9.3%+2.8%
Q2 2024-1.1%-0.1%+2.9%
Q1 2024-0.0%+7.7%+9.6%
Q4 2023+10.3%+12.1%+12.1%
Q3 2023-2.9%-0.4%-1.5%
Q2 2023+0.1%-1.2%-8.0%
Q1 2023-6.4%-3.4%+5.6%
Q4 2022+13.1%+12.8%+12.6%
Q3 2022+17.1%+33.1%+47.3%
Q2 2022+5.1%+4.8%+13.7%
Q1 2022+5.0%+9.6%+2.8%
Q4 2021-7.4%+1.5%+3.9%
Q3 2021+2.4%+5.2%+11.9%
Q2 2021-7.5%-10.1%-10.1%
Q1 2021+2.0%+4.5%+14.9%
Q4 2020-8.0%-11.3%-15.7%
Q3 2020-9.5%-4.8%-45.4%
Q2 2020-1.0%-2.0%-0.6%
Q1 2020-9.4%-10.0%-13.3%
Q4 2019+4.2%+6.5%+4.4%
Q3 2019+6.0%+2.5%+5.9%
Q2 2019-1.7%+0.9%-7.5%
Q1 2019-1.1%+1.7%-2.4%
Q4 2018-17.3%-19.5%-18.1%
Q3 2018+11.4%+7.3%+0.2%
Q2 2018+4.2%+4.6%+1.9%
Q1 2018-9.5%-9.6%-8.0%
Q4 2017+10.2%+13.2%+18.2%
Q3 2017+14.2%+13.2%+12.4%
Q2 2017+0.4%+3.3%+5.8%
Q1 2017-11.8%-11.8%-7.7%
Q4 2016+15.3%+13.2%+12.3%
Q3 2016-14.8%
Q2 2016-7.5%
Q1 2016+4.1%
Q4 2015+1.5%
Q3 2015-5.0%
Q2 2015-6.0%
Q1 2015-2.4%
Q4 2014+5.3%
Q3 2014-2.4%
Q2 2014-3.5%
Q1 2014-0.8%
Q4 2013-1.7%
Q3 2013+8.0%
Q2 2013+5.8%
Q1 2013-1.5%
Q4 2012+3.0%
Q3 2012-0.1%
Q2 2012-7.3%
Q1 2012-11.3%
Q4 2011-1.3%
Q3 2011+5.5%
Q2 2011-3.6%
Q1 2011+1.0%
Q4 2008-3.4%
Q4 2010-3.4%
Q3 2010-0.1%
Q3 2009-0.1%
Q2 2010-0.2%
Q4 2009-1.7%
Q1 2010-1.7%

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