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H&R Block HRB Royalties — Total revenues

Other product segments

Assisted tax preparation
$1.74B+6.5%
DIY tax preparation
$215.25M+0.3%
Refund Transfers
$119.94M+5.5%
International
$70.12M+16.0%
Emerald Card® and SpruceSM
$39.59M-1.5%
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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PZZAFranchise royalties and fees — Total revenues
$46.59M-3.6%
Ardelyx logo
ARDXNon-cash royalty revenue related to the sale of future royalties — Total revenues
$676K-51.0%
Sonida Senior Living logo
SNDAResident revenue — Total revenues
$108.43M+36.8%
Asset Entities logo
ASSTOther revenue — Total revenues
$43K+514%

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$5.82B-20.8%
Enterprise value$6.98B-16.8%
P/E7.9×-4.3×
P/S1.5×-0.5×

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 source filing: H&R Block’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:53 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000012659-26-000017
Line itemThree months ended March 31, 2026Three months ended March 31, 2025Nine months ended March 31, 2026(in 000s) / Nine months ended March 31, 2025
Revenues:
U.S. assisted tax preparation$1,742,135$1,635,877$1,846,698$1,727,220
U.S. royalties128,182133,961139,139143,312
U.S. DIY tax preparation215,245214,666235,797231,646
Refund Transfers119,935113,732121,416115,229
Peace of Mind® Extended Service Plan14,34715,62554,08754,867
Tax Identity Shield®8,4857,02516,85114,947
Emerald Card® and SpruceSM39,59040,19556,56659,169

Item 1. Consolidated Statements of Operations and Comprehensive Income Three and nine months ended March 31, 2026 and 20

FAQ

What is H&R Block's royalties — total revenues?
H&R Block (HRB) reported royalties — total revenues of $128.18M in Q1 2026.
How has H&R Block's royalties — total revenues changed year-over-year?
H&R Block's royalties — total revenues decreased by 4.3% year-over-year, from $133.96M to $128.18M.
What is the long-term trend for H&R Block's royalties — total revenues?
Over 3 years (2022 to 2025), H&R Block's royalties — total revenues has grown at a -5.0% compound annual growth rate (CAGR), from $225.24M to $192.88M.
What does royalties — total revenues mean?
This metric represents the total revenue generated from royalty-based arrangements, typically derived from franchise fees or licensing agreements associated with the brand's service network. It reflects the income earned by the parent company for granting third-party operators the right to utilize its intellectual property, operational systems, and brand identity. Tracking this revenue stream provides insight into the scalability of the franchise model and the recurring income generated from the company's broader service footprint.

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