EarningsQ4 2026 Earnings Report
MX:HRB Q4 2026 EPS Results
Actual EPS$43.26
Consensus EPS$40.17
Beat/MissBeat by +$3.09
One Year Ago EPS$41.26
MX:HRB Q4 2026 Revenue Results
Actual Revenue$20.81B
Expected Revenue$20.32B
Beat/MissBeat by +$488.59M
YoY Revenue Growth+3.05%
Earnings Announcement Details
QuarterQ4 2026
Date08/11/2026
TimeAfter Close
Conference CallTuesday, August 11, 2026
MX:HRB Upcoming Earnings
H&R Block's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:HRB Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong financial performance, margin expansion, robust free cash flow, sizable shareholder returns, meaningful improvements in client metrics (conversion, retention, product attachment) and tangible progress on ambitious technology and operating model initiatives. Near‑term headwinds include a moderated industry growth outlook tied to slower job growth, a higher normalized effective tax rate in FY27 (after a one‑time FY26 benefit), modest assisted volume growth, and some international/regulatory noise. Management outlined targeted investments (consultative model, automation, year‑round leadership) with expected short‑term costs (including an $8.3M severance charge) but presented multiple proof points that the strategy is yielding higher quality business and can support continued shareholder returns and margin progress.Company Guidance
Revenue Growth
Revenue increased 4.9% year‑over‑year to $3.95 billion in fiscal 2026, driven by higher net average charge (NAC), company‑owned assisted volume, international growth, and Wave small business momentum.
EBITDA and Margin Expansion
Fiscal 2026 EBITDA rose 8.3% to $1.06 billion, delivering ~80 basis points of EBITDA margin expansion versus prior year.
Adjusted EPS and Net Income
Adjusted EPS increased 13.9% to $5.31; earnings per share from continuing operations were $5.69 and net income from continuing operations was $736 million.
Strong Free Cash Flow and Capital Returns
Generated $756 million of free cash flow; returned $714 million to shareholders via dividends and repurchases, repurchased and retired ~10.5 million shares (~7.9%) for $500 million; ~$600 million remains under the $1.5 billion authorization.
FY27 Financial Outlook
Guidance for fiscal 2027: revenue $4.11–$4.16 billion, adjusted EBITDA $1.11–$1.14 billion, adjusted diluted EPS $6.14–$6.24, effective tax rate ~23%; plans for ~$400 million of share repurchases and a 10% quarterly dividend increase to $0.46 per share.
Improved Client Conversion and Retention
Conversion improved ~200 basis points and retention rose ~190 basis points in the season — cited as the largest single‑year conversion improvement in company history.
Shift Toward Higher‑Value Clients and Mix Improvement
Percent of clients in target household AGI $50k–$200k rose from 38% to 50%; assisted NAC up 4.1% (price +3%, mix +1%) and assisted channel volume up ~2% indicating favorable shift toward more complex, higher lifetime‑value clients.
Technology Adoption and Automation
Expanded AI and automation: Sidekick (AI tax pro assistant) launched with strong adoption; AI Tax Assist supported ~4.2 million client interactions and drove nearly 2x engagement year‑over‑year; automation expanded Second Look to more clients.
Second Look Effectiveness
Second Look demonstrated outsized retention: new clients who received Second Look returned at a rate more than 600 basis points higher than those who did not; automation increased reach and scaled benefits.
Wave Small Business Momentum
Wave delivered a second consecutive year of double‑digit revenue growth, driven by paid Pro‑Tier subscriptions and higher payments volume, supporting the small business strategy.
MX:HRB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed