SEC EDGAR · 10-Q

10-Q – 2025-11-06 – R23.htm

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v3.25.3

RECEIVABLES (Tables)

3 Months Ended

Sep. 30, 2025

Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract]
 

Schedule of Short-Term Receivables
Receivables, net of their related allowance, consist of the following:

(in 000s)
As of September 30, 2025 June 30, 2025
Short-term Long-term Short-term Long-term
Loans to franchisees $ 10,833   $ 16,526   $ 7,386  $ 16,402 
Receivables for U.S. assisted and DIY tax preparation and related fees 12,594   6,392   15,896  6,361 
H&R Block's Instant Refund® receivables
841   974   2,243  939 
Emerald Advance® 13,100   24,169   13,899  22,816 
Software receivables from retailers 338   —   2,582  — 
Royalties and other receivables from franchisees 6,366   —   4,414  — 
Wave payment processing receivables 1,936   —   1,533  — 
Other 18,137   588   15,668  498 
Total $ 64,145   $ 48,649   $ 63,621  $ 47,016 

Schedule of Receivables Based On Year of Origination
alances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by tax return year of origination, as of September 30, 2025 are as foll ows:
(in 000s)

Tax return year of origination Balance More Than 60 Days Past Due
2024 $ 2,237   $ 2,085  
2023 and prior 657   657  

2,894   $ 2,742  
Allowance (1,079)
Net balance $ 1,815  

Balances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by fiscal year of origination, as of September 30, 2025 are as follows:

(in 000s)
Fiscal year of origination Balance Non-Accrual
2025 $ 34,444   $ 34,444  
2024 and prior 22,488   22,488  

56,932   $ 56,932  
Allowance (19,663)
Net balance $ 37,269  

Schedule of Activity in Allowance For Credit Losses
Activity in the allowance for credit losses for EA and all other short-term and long-term receivables for the three months ended September 30, 2025 and 2024 is as follows:
(in 000s)
EAs All Other Total
Balances as of July 1, 2025 $ 19,663   $ 45,156   $ 64,819  
Provision for credit losses —   975   975  
Charge-offs, recoveries and other —   (1,365) (1,365)
Balances as of September 30, 2025 $ 19,663   $ 44,766   $ 64,429  
Balances as of July 1, 2024 $ 33,536  $ 45,327  $ 78,863 
Provision for credit losses —  1,024  1,024 
Charge-offs, recoveries and other —  (1,462) (1,462)
Balances as of September 30, 2024 $ 33,536  $ 44,889  $ 78,425 

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