Financial Performance - Net loss for the six months ended December 31, 2025, was $407,985, compared to a net loss of $415,996 for the same period in 2024, showing a slight improvement of 2.4%[13] - The net loss from continuing operations attributable to common shareholders for the three months ended December 31, 2025, was $241.8 million, compared to a loss of $242.7 million in the same period of 2024[26] - The net loss for the three months ended December 31, 2025, was $242,166,000, slightly improved from a net loss of $243,420,000 in the same quarter of 2024[72] Revenue - For the three months ended December 31, 2025, total revenues increased to $198.9 million, up 11% from $179.1 million in the same period of 2024[23] - U.S. assisted tax preparation revenues rose to $55.9 million, a 15.5% increase compared to $48.4 million in Q2 FY2025[23] - International revenues for the three months ended December 31, 2025, were $34.7 million, an increase from $31.8 million in the same period of 2024[23] Assets and Liabilities - Total assets decreased to $2,930,010, down from $3,263,898 as of June 30, 2025, representing a decline of approximately 10.2%[11] - Total liabilities increased to $3,753,088, up from $3,175,002, indicating a rise of about 18.1%[11] - Total stockholders' equity showed a deficiency of $823,078 as of December 31, 2025, compared to a positive equity of $88,896 as of June 30, 2025[11] Cash Flow - Cash and cash equivalents decreased to $349,194 from $983,277, a reduction of approximately 64.5%[11] - Net cash used in operating activities was $970,788 for the six months ended December 31, 2025, compared to $895,638 for the same period in 2024, reflecting an increase of approximately 8.4%[13] - The company repurchased and retired common shares amounting to $404,118 during the reporting period[14] Stock and Dividends - Cash dividends declared were $0.42 per share, totaling $53,215 for the period[14] - The company declared cash dividends of $0.375 per share, totaling $50.2 million for the six months ended December 31, 2025[23] - The company repurchased common stock totaling $412,645,000 during the six months ended December 31, 2025[13] Credit and Receivables - The company reported a provision for credit losses of $21,144, slightly up from $20,727 in the previous year[13] - Loans to franchisees with a principal balance more than 90 days past due were $3.0 million as of December 31, 2025[30] - The net balance of Emerald Advance® receivables was $311.4 million, with $36.5 million classified as non-accrual[34] Goodwill and Intangible Assets - Goodwill increased to $953.9 million as of December 31, 2025, following acquisitions totaling $15.7 million during the period[36] - Amortization of intangible assets for the six months ended December 31, 2025, was $22.4 million, compared to $25.0 million for the same period in 2024[38] Debt and Financing - Total long-term debt rose to $2.4 billion as of December 31, 2025, compared to $1.5 billion as of June 30, 2025[40] - The company issued $350 million of 5.375% Senior Notes due September 15, 2032, to refinance existing debt and for general corporate purposes[40] - The outstanding balance under the 2025 CLOC was $945.0 million as of December 31, 2025, with no limitations imposed by the debt-to-EBITDA covenant[45] Tax and Liabilities - The effective tax rate for continuing operations was 24.0% for the six months ended December 31, 2025, consistent with the same period in 2024[47] - The estimated liability related to the 100% accuracy guarantee was $10.9 million as of December 31, 2025, down from $11.4 million as of June 30, 2025[49] - Estimated liabilities related to acquisitions amounted to $36.9 million as of December 31, 2025[50] Operational Metrics - The Chief Operating Decision Maker uses consolidated revenues, operating expenses, net income, and EBITDA as key financial metrics for evaluating performance and growth opportunities[69] - Total operating expenses for the six months ended December 31, 2025, were $908,326,000, compared to $894,502,000 for the same period in 2024, marking a 1.5% increase[72] - The total compensation and benefits expense was $207,171,000 for the three months ended December 31, 2025, compared to $198,698,000 in the same period of 2024[72]

Key Takeaways HRB reported Q2 FY26 loss of $1.84 per share, beating estimates on 11.1% revenue growth.HRB shares fell 7.1% after results & weak FY26 guidance.HRB saw a rise in U.S. tax preparation, Wave and international revenues of 13.8%, 12.1% & 9.1%, respectively.H&R Block Inc.'s (HRB) second-quarter fiscal 2026 earnings and revenues beat the Zacks Consensus Estimate. The stock has declined 7.1% since the release of results on Feb. 3, reflecting its loss and weak earnings guidance for fiscal 2026.HRB gui ...

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H&R Block (HRB) came out with a quarterly loss of $1.84 per share versus the Zacks Consensus Estimate of a loss of $1.96. This compares to a loss of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.96%. A quarter ago, it was expected that this tax preparer would post a loss of $1.4 per share when it actually produced a loss of $1.2, delivering a surprise of +14.29%.Over the last four quarters, the company has surpassed ...

H&R Block (NYSE:HRB) Q2 2026 Earnings call February 03, 2026 04:30 PM ET Company ParticipantsAlex Paris - President and Senior Managing DirectorCurtis Campbell - President and CEOJessica Hazel - Head of Investor RelationsKartik Mehta - Executive Managing Director and Director of ResearchScott Schneeberger - Managing DirectorTiffany Mason - CFOConference Call ParticipantsSammy Yon - AnalystOperatorGood day and thank you for standing by. Welcome to the H&R Block Second Quarter Fiscal 2026 Earnings Conference ...

H&R Block (NYSE:HRB) Q2 2026 Earnings call February 03, 2026 04:30 PM ET Company ParticipantsAlex Paris - President and Senior Managing DirectorCurtis Campbell - President and CEOJessica Hazel - Head of Investor RelationsKartik Mehta - Executive Managing Director and Director of ResearchScott Schneeberger - Managing DirectorTiffany Mason - CFOConference Call ParticipantsSammy Yon - AnalystOperatorday and thank you for standing by. Welcome to the H&R Block second quarter fiscal 2026 earnings conference call. ...

H&R Block (NYSE:HRB) Q2 2026 Earnings call February 03, 2026 04:30 PM ET Speaker2day and thank you for standing by. Welcome to the H&R Block second quarter fiscal 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your questi ...

Jessica Hazel Vice President, Investor Relations H&R BLOCK Q2 FY26 FINANCIAL RESULTS CONFERENCE CALL February 3, 2026 Second Quarter FY26 Financial Results Conference Call H&R BLOCK Q2 FY26 FINANCIAL RESULTS CONFERENCE CALL Safe Harbor Statement Forward -Looking Statements This presentation contains forward -looking statements within the meaning of the securities laws . Forward -looking statements can be identified by the fact that they do not relate strictly to historical or current facts . They often incl ...

Exhibit 99.1 News Release For Immediate Release: February 3, 2026 H&R Block Reports Fiscal 2026 Second Quarter Results — Revenue Increased 11% — — Reaffirms Full Year Outlook — KANSAS CITY, Mo. - H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results for its fiscal 2026 second quarter ended December 31, 2025. 1 "Across the business, we've made tangible improvements this season, whether receiving assistance from a tax professional or filing using our award-winning online tax product," s ...

— Revenue Increased 11% — — Reaffirms Full Year Outlook — KANSAS CITY, Mo., Feb. 03, 2026 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results1 for its fiscal 2026 second quarter ended December 31, 2025. "Across the business, we've made tangible improvements this season, whether receiving assistance from a tax professional or filing using our award-winning online tax product," said Curtis Campbell, president and chief executive officer. "We are elevating the val ...