Provides tax preparation and related financial products and small-business services, combining digital platforms with human tax professionals across brands such as Spruce, Block Advisors, and Wave.

# H&R Block, Inc.

## What the company does
- Provides global tax preparation services and related financial products, plus small business solutions.
- Combines digital platforms with human tax professionals to support clients during tax season and with money management.
- Brands and services include Spruce (mobile banking), Block Advisors (in-person and online advisor network), and Wave (small business bookkeeping and payroll).
- Delivers services through in-person offices, online, mobile apps, virtual services, and desktop software.
- Offers products tied to tax refunds and tax-related needs, including Refund Transfers (RT), Refund Advances (RA), the Emerald Card prepaid card, Emerald Advance term loans, Tax Identity Shield, and POM (Peace of Mind) extended service plans.
- Operates a single continuing-operations reporting segment.

## Scale and customers (FY2026)
- U.S. assisted tax returns prepared: 11.3 million.
- DIY online paid returns: 3.6 million.
- Total returns filed by or through H&R Block: 22.3 million.
- The company reports returns filed rather than a customer headcount.
- Employees:
  - Approximately 4,600 regular full-time associates (as of June 30, 2026).
  - Peak employment during the year, including seasonal staff: about 73,400 people.

## Financial highlights (FY2026)
- Consolidated revenues: $3.95 billion.
- Net income from continuing operations: $736.3 million.
- EBITDA from continuing operations: $1.06 billion.
- Diluted earnings per share (continuing operations): $5.69.
- Repurchased 10.5 million shares of common stock.
- Dividends: $1.68 per share (up 12.0% year over year).

## Operations, geography, and business model
- Primary markets: United States, Canada, Australia.
- Corporate reporting centers on a single continuing-operations segment.
- Business is seasonal: the majority of revenue is earned during February–April; the company typically operates at a loss in the first two fiscal quarters.

## Product and service highlights
- AI-assisted DIY tax tools (AI Tax Assist) with human review options.
- Tax Pro Review for clients seeking a professional sign-off on DIY-prepared returns.
- Small business services via Block Advisors and Wave, including bookkeeping, payroll, and payments.
- Financial products tied to refunds and banking: Emerald Card, Spruce accounts, EA/RA loans, Refund Transfers, and Tax Identity Shield.
- POM coverage to assist clients with audits and related tax liabilities, subject to limits.
- Instant Refund options available for Canadian clients.

H&R Block is a leading global provider of tax preparation services, financial products, and small business solutions, serving millions of clients through various channels.

# H&R Block

H&R Block provides tax preparation services, financial products, and small business solutions across in-person, online, and mobile channels. The company combines digital tools with in-person tax professionals and offers the Spruce℠ mobile banking app to support clients’ money management.

## Key Services

### Tax Preparation Services
- **Assisted Tax Returns**: Prepared by tax professionals in company-owned and franchise offices, as well as virtually. Assisted returns are backed by a 100% accuracy guarantee.  
- **DIY Online Returns**: Users can prepare and file their own tax returns online with support from generative AI via **AI Tax Assist**. DIY returns are also backed by a 100% accuracy guarantee.

### Small Business Solutions
- **Block Advisors and Wave**: Services include bookkeeping, payroll, advisory, and payment processing to support small business owners.

### Additional Financial Products
- **Refund Transfers (RT)**: Clients can receive refunds through various methods, with the option to deduct tax preparation fees directly from their refunds.  
- **Peace of Mind® Extended Service Plan (POM)**: Provides audit representation and covers additional taxes owed due to errors made by H&R Block.  
- **H&R Block Emerald Prepaid Mastercard® and Spruce℠**: Financial services for everyday transactions and tax refunds.  
- **Refund Advances (RA)**: Interest-free loans available to eligible clients during tax season.  
- **Tax Identity Shield®**: Protects clients’ tax identities and provides restoration services.

## Fiscal Year 2024 Highlights
- Tax returns prepared:
  - 11.4 million U.S. assisted tax returns
  - 3.8 million DIY online paid tax returns  
- Consolidated revenue: $3.6 billion  
- Net income from continuing operations: $598.0 million  
- EBITDA from continuing operations: $963.2 million  
- Diluted earnings per share (EPS): $4.14  
- Share repurchase: 8.0 million shares of common stock  
- Dividends declared: $1.28 per share (10.3% increase from the prior year)

## Workforce
- Regular full-time associates: approximately 4,200 (as of June 30, 2024)  
- Peak seasonal employees: approximately 70,900 during fiscal year 2024

## Competitive Position
H&R Block is one of the largest providers of tax return preparation in the U.S., Canada, and Australia, processing a total of 23.8 million returns in fiscal year 2024. The company competes with traditional tax preparation firms as well as emerging digital services.

## Summary
H&R Block offers a wide range of tax, financial, and small business services, combining technology and in-person support to serve millions of clients. Strong financial results reflect the company’s role in the tax preparation industry, and its broad service offering continues to attract a substantial client base.

H&R BLOCK INC

10-K / August 14, 2026

10-K / August 15, 2024

10-K / August 14, 2026

H&R Block, Inc.

What the company does

Scale and customers (FY2026)

Financial highlights (FY2026)

Operations, geography, and business model

Product and service highlights