Quarterly ResultMay 6, 2026, 04:06 PM
H&R Block Raises FY26 Outlook; Q3 Revenue +5.3% to $2.4B, EPS $6.61
AI Summary
H&R Block reported strong financial results for its fiscal 2026 third quarter, with total revenue increasing 5.3% to $2.4 billion and net income from continuing operations rising 17.4% to $848.8 million. Diluted EPS from continuing operations grew 24.2% to $6.61, partly due to a one-time tax benefit and share repurchases. The company also announced an incremental $100 million share repurchase authorization for Q4 fiscal 2026 and raised its full-year fiscal 2026 outlook for revenue, EBITDA, and adjusted diluted EPS, reflecting confidence in its strategy and tax season performance.
Key Highlights
- Q3 FY26 total revenue increased 5.3% to $2.4 billion.
- Q3 FY26 diluted EPS from continuing operations rose 24.2% to $6.61.
- Board authorized an incremental $100 million share repurchase for Q4 FY26.
- Raised FY26 revenue outlook to $3.910-$3.920 billion, up 4.1% at midpoint.
- Raised FY26 Adjusted Diluted EPS outlook to $5.10-$5.20, up 10.5% at midpoint.
- Maintained assisted channel market share for the third consecutive year.
- Declared a quarterly cash dividend of $0.42 per share.