H and R Block: Reports Fiscal 2025 Results and Provides Fiscal 2026 Outlook

Imagery Source: Flickr
Information Source: H&R Block, Inc

- Delivered Revenue Growth of 4% and Earnings per Share Growth of 7% -

- Returned $600 Million to Shareholders via Dividends and Share Repurchases -

- Increases Quarterly Dividend by 12% -
H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results1 for its fiscal 2025 year ended June 30, 2025.
"Fiscal 2025 marked another year of meaningful progress in our transformation journey, with strong revenue growth, disciplined capital allocation, and continued innovation across our client offerings,” said Jeff Jones, president and chief executive officer. “As we look ahead, we are intensifying efforts to engage clients with more complex needs, expanding our small business reach, and further leveraging technology and AI to deliver greater business efficiencies and seamless, personalised experiences that distinguish H&R Block in the marketplace."
Fiscal 2025 Results and Key Financial Metrics
"We are pleased to have delivered strong revenue growth in fiscal 2025, propelled by a robust NAC across both Assisted and DIY and increased company-owned Assisted volume, including a landmark year for our small business operations," said Tiffany Mason, chief financial officer. "As we enter fiscal 2026, we remain committed to providing a compelling value proposition to our clients, maintaining our disciplined capital allocation strategy, and continuing to deliver meaningful, long-term value for our shareholders."
Total revenue of $3.8 billion increased by $150.6 million, or 4.2%, primarily due to an increase in overall net average charge (NAC) and higher company-owned return volumes in the U.S., partially offset by lower interest and fee income on Emerald Advance.
Total operating expenses of $2.9 billion increased by $128.0 million, or 4.6%, primarily due to higher compensation and benefits, marketing, consulting, technology and legal costs, partially offset by lower bad debt.
Net income from continuing operations increased $11.5 million, or 1.9%, to $609.5 million.
Earnings per share from continuing operations2 of $4.42 increased by $0.28, or 6.8%; adjusted earnings per share from continuing operations2 of $4.66 increased by $0.25, or 5.7%, due to fewer shares outstanding from share repurchases and higher net income.
During the fourth quarter of fiscal 2025, the Company expected to recognise a one-time tax benefit related to the closure of various matters under examination that would have increased the Company's earnings per share by approximately $0.50. Due to external factors beyond the Company's control, the completion of these matters was delayed beyond fiscal 2025.
Capital Allocation
  • The Company announced today that the Board of Directors increased the quarterly dividend by 12%, representing eight consecutive annual increases. The quarterly cash dividend is now $0.42 per share, payable on October 6, 2025, to shareholders of record as of September 4, 2025.
  • In fiscal 2025, the Company repurchased and retired approximately 6.5 million shares, or 4.7% of shares outstanding, at an aggregate price of $400.1 million, or $61.10 per share.
The Company has approximately $1.1 billion remaining on its $1.5 billion share repurchase program. H&R Block has paid quarterly dividends consecutively since the Company became public in 1962. Since 2016, the Company has returned more than $4.5 billion to shareholders in the form of dividends and share repurchases, buying back over 43% of its shares outstanding3.
Fiscal Year 2026 Outlook
For fiscal year 2026, the Company expects:
  • Revenue to be in the range of $3.875 to $3.895 billion.
  • EBITDA4 to be in the range of $1.015 to $1.035 billion.
  • The effective tax rate is approximately 25%.
  • Adjusted Diluted Earnings Per Share4 to be in the range of $4.85 to $5.00.
For the full document, click the link below
H&R Block, Inc
Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies. 
Back to All Announcements