H&R Block, Inc. (HRB)

H&R Block reported its fiscal 2026 second-quarter results on February 3, 2026, showing an 11% increase in total revenue and reaffirming its full-year outlook. On May 6, 2026, the company reported its Q1 CY2026 results, with revenue of $2.40 billion and an adjusted EPS of $6.02, exceeding estimates. The stock has shown a 14.00% increase in the past month as of May 8, 2026, despite a decrease over the last 12 months. The company also announced a quarterly dividend increase of 12% in August 2025.

Demand for H&R Block's products and services is highly seasonal, with the majority of its revenue generated during the tax season, typically in the first fiscal quarter (January to April). The second fiscal quarter contributes modestly to annual revenue and often results in a net loss.

H&R Block, Inc. is an American tax preparation company operating in the Consumer Cyclical sector, providing assisted income tax return preparation, DIY tax software, and virtual tax preparation services. Its offerings include in-person tax preparation, online platforms and software, and digital tools. Beyond tax preparation, H&R Block provides financial services products and has expanded into small business solutions through Block Advisors and the acquisition of Wave Financial.

H&R Block's market presence is primarily in the United States, with approximately 9,000 to 10,000 offices. The company also operates internationally in Canada and Australia, adapting its services to meet the specific tax regulations of each region.

H&R Block's brand reputation was impacted by an FTC complaint alleging unfair data deletion and deceptive marketing of "free" online tax preparation services. The FTC finalized an order requiring H&R Block to pay $7 million to compensate affected consumers and implement changes. User reviews in early 2026 expressed frustration with the 2025 version of their software.

H&R Block's ownership structure includes institutional, retail, and individual investors. Major institutional shareholders include BlackRock, Inc., The Vanguard Group Inc., Fmr Llc, Fuller & Thaler Asset Management, Inc., and State Street Corp. Richard C. Breeden is the largest individual shareholder, owning 19.35 million shares, representing 15.27% of the company.