H&R Block, Inc. (HRB) Income Statement
HRB FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsHRB revenue and net income
Where HRB's revenue goes
FY2026Each bar shows an amount and its share of revenue. HRB kept 18.6% of revenue as net income.
HRB profit margins
HRB growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.9% | +4.4% | +2.6% | +2.6% |
| Gross profit | +4.4% | +4.1% | +2.0% | +2.6% |
| Operating income | −255.6% | — | — | — |
| Net income | +21.1% | +9.8% | +5.8% | +7.0% |
| EPS (diluted) | +12.8% | +11.3% | +21.1% | +11.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HRB quarterly EPS vs estimates
H&R Block beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $-1.39).
HRB income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.95B | $3.76B | $3.61B | $3.47B | $3.46B | $3.46B | $2.64B | $3.09B | $3.16B | $3.04B |
| Cost of revenue | $2.20B | $2.09B | $1.99B | $1.92B | $1.88B | $1.88B | $1.71B | $1.76B | $1.74B | $1.64B |
| Gross profit | $1.75B | $1.67B | $1.62B | $1.55B | $1.58B | $1.58B | $927.4M | $1.34B | $1.42B | $1.39B |
| Research & development | $26.3M | $119.2M | $108.7M | — | — | — | — | — | — | — |
| Sales, general & admin | $372.8M | $846.9M | $813.5M | $714.4M | $697.4M | $99.0M | $744.4M | — | — | $676.0M |
| Total operating expenses | $3.04B | $846.9M | $813.5M | $800.0M | $837.1M | $837.1M | $744.4M | $722.2M | $668.2M | $676.0M |
| Operating income | −$1.29B | $828.0M | $805.3M | $748.7M | $744.9M | $744.9M | $183.1M | $615.8M | $752.0M | $716.0M |
| Interest income | — | $78.1M | $79.1M | $73.0M | $88.3M | $14.0M | $14.3M | — | — | — |
| Interest expense | $80.6M | $78.1M | $79.1M | $73.0M | $88.3M | $106.9M | $96.1M | $87.1M | $89.4M | $93.0M |
| Income before taxes | $853.9M | $781.4M | $762.3M | $711.2M | $659.1M | $659.1M | −$3.4M | $545.2M | $668.7M | $629.3M |
| Income taxes | $117.6M | $172.0M | $164.4M | $149.4M | $98.4M | $98.4M | −$9.5M | $99.9M | $41.8M | $208.4M |
| Net income | $733.6M | $605.8M | $595.3M | $553.7M | $553.7M | $553.7M | −$7.5M | $422.5M | $613.1M | $408.9M |
| EBITDA | $1.06B | $976.3M | $963.2M | $914.7M | $889.5M | $904.2M | $262.3M | $798.9M | $941.4M | $904.4M |
| EPS (diluted) | $5.36 | $4.75 | $4.51 | $3.89 | $3.74 | $2.06 | $2.04 | $2.19 | $2.84 | $1.98 |
| Gross margin | 44.3% | 44.5% | 44.8% | 44.6% | 45.7% | 45.7% | 35.1% | 43.2% | 44.9% | 45.8% |
| Operating margin | −32.7% | 22.0% | 22.3% | 21.6% | 21.5% | 21.5% | 6.9% | 19.9% | 23.8% | 23.6% |
| Net margin | 18.6% | 16.1% | 16.5% | 15.9% | 16.0% | 16.0% | −0.3% | 13.7% | 19.4% | 13.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $2.40B | $198.9M | $203.6M | $1.11B | $2.28B | $179.1M | $193.8M | $1.06B | $2.18B | $179.1M | $183.8M |
| Cost of revenue | $316.4M | $1.03B | $30.0M | $185.7M | $532.9M | $969.4M | $314.2M | $269.6M | $506.4M | $926.0M | $299.8M | $259.4M |
| Gross profit | $828.4M | $1.37B | $168.9M | $17.9M | $578.1M | $1.31B | −$135.1M | −$75.8M | $556.3M | $1.26B | −$120.7M | −$75.6M |
| Research & development | $93.2M | $26.3M | — | $26.3M | $32.2M | $34.5M | $28.1M | $24.5M | $27.7M | $30.6M | $27.3M | — |
| Sales, general & admin | $217.6M | $329.3M | $146.4M | $105.0M | $206.8M | $329.4M | $158.2M | $152.6M | $205.4M | $330.6M | $146.7M | $104.8M |
| Total operating expenses | $451.7M | $329.3M | $467.7M | $113.3M | $206.8M | $329.4M | $158.2M | $152.6M | $205.4M | $330.6M | $146.7M | $130.8M |
| Operating income | $376.8M | $1.04B | −$298.9M | −$95.4M | $371.3M | $978.3M | −$293.3M | −$228.3M | $350.8M | $928.2M | −$267.4M | −$206.3M |
| Interest income | — | — | $23.4M | $17.4M | $15.8M | $24.7M | $21.8M | $15.8M | — | — | — | $15.9M |
| Interest expense | $15.5M | $24.3M | $23.4M | $17.4M | $15.8M | $24.7M | $21.8M | $15.8M | $15.8M | $26.1M | $21.4M | $15.9M |
| Income before taxes | $373.0M | $1.02B | −$319.2M | −$216.3M | $367.8M | $958.2M | −$312.3M | −$232.3M | $350.2M | $907.4M | −$282.9M | −$212.4M |
| Income taxes | $78.5M | $167.7M | −$77.7M | −$51.0M | $67.4M | $235.3M | −$69.8M | −$60.8M | $91.8M | $215.8M | −$93.8M | −$49.5M |
| Net income | $293.7M | $847.9M | −$242.2M | −$165.8M | $299.4M | $722.3M | −$243.4M | −$172.6M | $257.8M | $690.7M | −$189.8M | −$163.5M |
| EBITDA | $420.5M | $1.07B | −$265.8M | −$170.0M | $413.2M | $1.01B | −$261.4M | −$187.6M | $396.8M | $964.1M | −$231.4M | −$166.3M |
| EPS (diluted) | $2.38 | $6.02 | −$1.84 | −$1.20 | $2.27 | $5.38 | −$1.73 | −$1.17 | $1.89 | $4.94 | −$1.27 | −$1.05 |
| Gross margin | 72.4% | 57.0% | 84.9% | 8.8% | 52.0% | 57.4% | −75.5% | −39.1% | 52.3% | 57.6% | −67.4% | −41.1% |
| Operating margin | 32.9% | 43.2% | −150.3% | −46.9% | 33.4% | 43.0% | −163.8% | −117.8% | 33.0% | 42.5% | −149.3% | −112.3% |
| Net margin | 25.7% | 35.4% | −121.8% | −81.5% | 27.0% | 31.7% | −135.9% | −89.0% | 24.3% | 31.6% | −106.0% | −88.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HRB's financial statements (latest annual report filed August 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HRB financial results
In fiscal year 2026 (ended June 30, 2026), H&R Block reported revenue of $3.9 billion, up 4.9% from the year before. It had net income of $733.6 million (up 21.1%), a net profit margin of 18.6%. Diluted earnings per share came to $5.36. Over five years revenue grew at an average rate of 2.6% a year.
See the HRB stock overview for the latest quote and news, or the HRB chart for price history and technical indicators.
HRB income statement FAQ
What is H&R Block's annual revenue?
H&R Block reported total revenue of $3.9 billion for fiscal year 2026, which ended on June 30, 2026. That was up 4.9% from $3.8 billion the previous year.
Is H&R Block profitable?
Yes. H&R Block reported net income of $733.6 million in fiscal 2026, a net profit margin of 18.6%; its operating margin was −32.7%.
What is H&R Block's gross margin?
H&R Block's gross margin was 44.3% in fiscal 2026: for every $100 of revenue, H&R Block kept $44 after the direct cost of its products and services.
How much does H&R Block spend on research and development?
H&R Block spent $26.3 million on research and development in fiscal 2026, 0.7% of revenue.
How fast is H&R Block growing?
Revenue grew 2.6% a year on average over the last five fiscal years, from $3.5 billion to $3.9 billion.
What are H&R Block's earnings per share?
H&R Block earned $5.36 per diluted share in fiscal 2026, compared with $4.75 a year earlier.
When will H&R Block report its next earnings?
H&R Block is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does H&R Block's fiscal year end?
H&R Block's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 14, 2026.