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H&R Block HRB Emerald Card® and SpruceSM — Total revenues

Other product segments

Assisted tax preparation
$1.74B+6.5%
DIY tax preparation
$215.25M+0.3%
Royalties
$128.18M-4.3%
Refund Transfers
$119.94M+5.5%
International
$70.12M+16.0%
Interest and fee income on Emerald Advance®
$15.2M+6.4%
Other
$15M+2.9%
Peace of Mind® Extended Service Plan
$14.35M-8.2%
Tax Identity Shield®
$8.49M+20.8%

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Other financials

Income statement

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Revenue$2.4B+5.3%
Gross profit$1.4B+4.5%
Net income$847.9M+17.4%
EPS (diluted)$6.60+24.3%

Balance sheet

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Cash & equivalents$867.0M+12.2%
Total debt$2.0B+5.6%
Total equity-$24.4M+87.4%
Total assets$3.4B+4.5%

Cash flow

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Operating cash flow$1.6B+17.6%
CapEx$18.4M-18.8%
Free cash flow$1.5B+18.2%

Valuation

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Market cap$4.36B-45.3%
Enterprise value$5.52B-39.0%
P/E5.9×-8.2×
P/S1.1×-1.0×

Profitability

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Gross margin44.3%-0.2pp
Net margin18.9%+3.7pp
FCF margin19.5%+2.0pp

Returns & leverage

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Return on equity675%-296pp
Debt / equity22.8×+1.1×
Current ratio+0.2×

Where this comes from

Reported directly by H&R Block in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: H&R Block’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is H&R Block's emerald card® and sprucesm — total revenues?
H&R Block (HRB) reported emerald card® and sprucesm — total revenues of $39.59M in Q1 2026.
How has H&R Block's emerald card® and sprucesm — total revenues changed year-over-year?
H&R Block's emerald card® and sprucesm — total revenues decreased by 1.5% year-over-year, from $40.2M to $39.59M.
What is the long-term trend for H&R Block's emerald card® and sprucesm — total revenues?
Over 4 years (2021 to 2025), H&R Block's emerald card® and sprucesm — total revenues has grown at a -10.8% compound annual growth rate (CAGR), from $115.24M to $72.89M.
What does emerald card® and sprucesm — total revenues mean?
This metric represents the total revenue generated from financial services products, specifically prepaid debit cards and digital banking solutions offered to tax preparation clients. It captures fees associated with account maintenance, transaction processing, and other financial services provided through these platforms. Monitoring this revenue stream helps assess the company's ability to monetize its customer base beyond core tax preparation services through integrated financial technology offerings.