H&R Block reported fiscal 2026 results showing revenue and cash flow growth, with full-year revenue of $3.95 billion and net income of $733.6 million. The tax preparation services company returned $714 million to shareholders through dividends and share repurchases. The company announced a substantial dividend increase and significant buyback programme for fiscal 2026. Management also issued optimistic guidance for fiscal 2027. H&R Block operates in consumer services, providing assisted and DIY tax preparation across the US, Canada, and Australia. The company's dividend yield was previously assessed at 3.6%. Management's decision to raise the dividend and authorise large buybacks signals confidence in the company's cash generation capabilities. The sustainability of these shareholder returns will be tested over the coming tax seasons.

H&R Block reported its strongest financial performance in five years, driven by a strategic focus on higher-value clients with complex tax needs. The company achieved a record 200-basis point improvement in conversion rates through automation and maintained market share in the assisted tax category for 2026. Retention rates increased by 190 basis points, with clients using the "Second Look" service returning at a rate 600 basis points higher than non-users. The company successfully shifted its client mix, with the target $50,000 to $200,000 household income range now representing 50% of its base, up from 38%. For fiscal 2027, H&R Block anticipates industry growth below the historical 1% norm due to slowing job growth. The company is expanding its consultative client experience pilot and transitioning field leadership to year-round operations.

H&R Block reported strong fiscal 2026 results, with revenue rising 4.9% to $3.95 billion and adjusted earnings per share growing 13.9% to $5.31. EBITDA increased 8.3% to $1.06 billion, driven by higher pricing, improved client conversion and retention, and double-digit growth at its Wave small-business platform. The tax-preparation company emphasised its focus on higher-value clients and technology. Assisted-tax conversion improved 200 basis points whilst retention rose 190 basis points. AI tools including Second Look and AI Tax Assist boosted client engagement. For fiscal 2027, management expects revenue between $4.11 billion and $4.16 billion, with adjusted EPS of $6.04 to $6.24. The company raised its quarterly dividend 10% to $0.46 per share and plans approximately $400 million in additional share repurchases.