| (Mark One) | |||||||||||
| QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |||||||||||
| For the quarterly period ended | |||||||||||
| OR | |||||||||||
| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |||||||||||
| For the transition period from to | |||||||||||
| (State or other jurisdiction of | (I.R.S. Employer | |||||||
| incorporation or organization) | Identification No.) | |||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME: | (unaudited, in 000s, except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31, | Nine months ended March 31, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| REVENUES: | ||||||||||||||||||||||||||
| Service revenues | $ | $ | $ | $ | ||||||||||||||||||||||
| Royalty, product and other revenues | ||||||||||||||||||||||||||
| OPERATING EXPENSES: | ||||||||||||||||||||||||||
| Costs of revenues | ||||||||||||||||||||||||||
| Selling, general and administrative | ||||||||||||||||||||||||||
| Total operating expenses | ||||||||||||||||||||||||||
| Other income (expense), net | ||||||||||||||||||||||||||
| Interest expense on borrowings | ( | ( | ( | ( | ||||||||||||||||||||||
| Income from continuing operations before income taxes | ||||||||||||||||||||||||||
| Income taxes | ||||||||||||||||||||||||||
| Net income from continuing operations | ||||||||||||||||||||||||||
Net loss from discontinued operations, net of tax benefits of $ | ( | ( | ( | ( | ||||||||||||||||||||||
| NET INCOME | $ | $ | $ | $ | ||||||||||||||||||||||
| BASIC EARNINGS PER SHARE: | ||||||||||||||||||||||||||
| Continuing operations | $ | $ | $ | $ | ||||||||||||||||||||||
| Discontinued operations | ( | ( | ( | |||||||||||||||||||||||
| Consolidated | $ | $ | $ | $ | ||||||||||||||||||||||
| DILUTED EARNINGS PER SHARE: | ||||||||||||||||||||||||||
| Continuing operations | $ | $ | $ | $ | ||||||||||||||||||||||
| Discontinued operations | ( | ( | ( | ( | ||||||||||||||||||||||
| Consolidated | $ | $ | $ | $ | ||||||||||||||||||||||
| DIVIDENDS DECLARED PER SHARE | $ | $ | $ | $ | ||||||||||||||||||||||
| COMPREHENSIVE INCOME: | ||||||||||||||||||||||||||
| Net income | $ | $ | $ | $ | ||||||||||||||||||||||
| Change in foreign currency translation adjustments | ( | ( | ( | |||||||||||||||||||||||
| Other comprehensive income (loss) | ( | ( | ( | |||||||||||||||||||||||
| Comprehensive income | $ | $ | $ | $ | ||||||||||||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 1 | ||||
| CONSOLIDATED BALANCE SHEETS | (unaudited, in 000s, except share and per share amounts) | |||||||||||||
| As of | March 31, 2026 | June 30, 2025 | ||||||||||||
| ASSETS | ||||||||||||||
| Cash and cash equivalents | $ | $ | ||||||||||||
| Cash and cash equivalents - restricted | ||||||||||||||
Receivables, less allowance for credit losses of $ | ||||||||||||||
| Prepaid expenses and other current assets | ||||||||||||||
| Total current assets | ||||||||||||||
Property and equipment, at cost, less accumulated depreciation and amortization of $ | ||||||||||||||
| Operating lease right of use assets | ||||||||||||||
| Intangible assets, net | ||||||||||||||
| Goodwill | ||||||||||||||
| Deferred tax assets and income taxes receivable | ||||||||||||||
| Other noncurrent assets | ||||||||||||||
| Total assets | $ | $ | ||||||||||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||||||||
| LIABILITIES: | ||||||||||||||
| Accounts payable and accrued expenses | $ | $ | ||||||||||||
| Accrued salaries, wages and payroll taxes | ||||||||||||||
| Accrued income taxes and reserves for uncertain tax positions | ||||||||||||||
| Current portion of long-term debt | — | |||||||||||||
| Operating lease liabilities | ||||||||||||||
| Deferred revenue and other current liabilities | ||||||||||||||
| Total current liabilities | ||||||||||||||
| Long-term debt | ||||||||||||||
| Deferred tax liabilities and reserves for uncertain tax positions | ||||||||||||||
| Operating lease liabilities | ||||||||||||||
| Deferred revenue and other noncurrent liabilities | ||||||||||||||
| Total liabilities | ||||||||||||||
| COMMITMENTS AND CONTINGENCIES | ||||||||||||||
| STOCKHOLDERS' EQUITY: | ||||||||||||||
Common stock, no par, stated value $ | ||||||||||||||
| Additional paid-in capital | ||||||||||||||
| Accumulated other comprehensive loss | ( | ( | ||||||||||||
| Retained earnings (deficit) | ( | |||||||||||||
Less treasury shares, at cost, of | ( | ( | ||||||||||||
| Total stockholders' equity (deficiency) | ( | |||||||||||||
| Total liabilities and stockholders' equity | $ | $ | ||||||||||||
2 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| CONSOLIDATED STATEMENTS OF CASH FLOWS | (unaudited, in 000s) | |||||||||||||
| Nine months ended March 31, | 2026 | 2025 | ||||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||
| Net income | $ | $ | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||
| Depreciation and amortization | ||||||||||||||
| Provision for credit losses | ||||||||||||||
| Deferred taxes | ( | |||||||||||||
| Stock-based compensation | ||||||||||||||
| Changes in assets and liabilities, net of acquisitions: | ||||||||||||||
| Receivables | ( | ( | ||||||||||||
| Prepaid expenses, other current and noncurrent assets | ( | ( | ||||||||||||
| Accounts payable, accrued expenses, salaries, wages and payroll taxes | ||||||||||||||
| Deferred revenue, other current and noncurrent liabilities | ||||||||||||||
| Income tax receivables, accrued income taxes and income tax reserves | ( | |||||||||||||
| Other, net | ( | ( | ||||||||||||
| Net cash provided by operating activities | ||||||||||||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||
| Capital expenditures | ( | ( | ||||||||||||
| Payments made for business acquisitions, net of cash acquired | ( | ( | ||||||||||||
| Franchise loans funded | ( | ( | ||||||||||||
| Payments from franchisees | ||||||||||||||
| Other, net | ||||||||||||||
| Net cash used in investing activities | ( | ( | ||||||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||
| Repayments of line of credit borrowings | ( | ( | ||||||||||||
| Proceeds from line of credit borrowings | ||||||||||||||
| Repayments of long-term debt | ( | |||||||||||||
| Proceeds from issuance of long-term debt | ||||||||||||||
| Dividends paid | ( | ( | ||||||||||||
| Repurchase of common stock, including shares surrendered | ( | ( | ||||||||||||
| Other, net | ( | ( | ||||||||||||
| Net cash used in financing activities | ( | ( | ||||||||||||
| Effects of exchange rate changes on cash | ( | ( | ||||||||||||
| Net decrease in cash and cash equivalents, including restricted balances | ( | ( | ||||||||||||
| Cash, cash equivalents and restricted cash, beginning of period | ||||||||||||||
| Cash, cash equivalents and restricted cash, end of period | $ | $ | ||||||||||||
| SUPPLEMENTARY CASH FLOW DATA: | ||||||||||||||
| Income taxes paid, net (includes payments for purchased investment tax credits) | $ | $ | ||||||||||||
| Interest paid on borrowings | ||||||||||||||
| Accrued additions to property and equipment | ||||||||||||||
| New operating right of use assets and related lease liabilities | ||||||||||||||
| Accrued dividends payable to common shareholders | ||||||||||||||
H&R Block, Inc. | Q3 FY2026 Form 10-Q | 3 | ||||
| CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY | (amounts in 000s, except per share amounts) | |||||||||||||||||||||||||||||||||||||||||||||||||
| Common Stock | Additional Paid-in Capital | Accumulated Other Comprehensive Loss(1) | Retained Earnings (Deficit) | Treasury Stock | Total Stockholders’ Equity | |||||||||||||||||||||||||||||||||||||||||||||
| Shares | Amount | Shares | Amount | |||||||||||||||||||||||||||||||||||||||||||||||
| Balances as of July 1, 2025 | $ | $ | $ | ( | $ | ( | $ | ( | $ | |||||||||||||||||||||||||||||||||||||||||
| Net loss | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive loss | — | — | — | ( | — | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Stock-based compensation | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based awards exercised or vested | — | — | ( | — | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition of treasury shares(2) | — | — | — | — | — | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||
| Repurchase and retirement of common shares | ( | ( | ( | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
Cash dividends declared - $ | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Balances as of September 30, 2025 | $ | $ | $ | ( | $ | ( | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||||||||||||||
| Net loss | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive income | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based compensation | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based awards exercised or vested | — | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||||||
Acquisition of treasury shares(2) | — | — | — | — | — | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||
Cash dividends declared - $ | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Balances as of December 31, 2025 | $ | $ | $ | ( | $ | ( | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||||||||||||||
| Net income | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive loss | — | — | — | ( | — | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Stock-based compensation | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based awards exercised or vested | — | — | ( | — | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition of treasury shares(2) | — | — | — | — | — | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||
Cash dividends declared - $ | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Balances as of March 31, 2026 | $ | $ | $ | ( | $ | ( | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||||||||||||||
4 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| (amounts in 000s, except per share amounts) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Common Stock | Additional Paid-in Capital | Accumulated Other Comprehensive Loss(1) | Retained Earnings (Deficit) | Treasury Stock | Total Stockholders’ Equity | |||||||||||||||||||||||||||||||||||||||||||||
| Shares | Amount | Shares | Amount | |||||||||||||||||||||||||||||||||||||||||||||||
| Balances as of July 1, 2024 | $ | $ | $ | ( | $ | ( | $ | ( | $ | |||||||||||||||||||||||||||||||||||||||||
| Net loss | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive income | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based compensation | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based awards exercised or vested | — | — | ( | — | ( | |||||||||||||||||||||||||||||||||||||||||||||
Acquisition of treasury shares(2) | — | — | — | — | — | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||
| Repurchase and retirement of common shares | ( | ( | ( | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
Cash dividends declared - $ | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Balances as of September 30, 2024 | $ | $ | $ | ( | $ | ( | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||||||||||||||
| Net loss | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive loss | — | — | — | ( | — | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Stock-based compensation | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based awards exercised or vested | — | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||||||
Acquisition of treasury shares(2) | — | — | — | — | — | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||
| Repurchase and retirement of common shares | ( | ( | ( | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
Cash dividends declared - $ | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Balances as of December 31, 2024 | $ | $ | $ | ( | $ | ( | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||||||||||||||
| Net income | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Other comprehensive income | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based compensation | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
| Stock-based awards exercised or vested | — | — | ( | — | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||
Acquisition of treasury shares(2) | — | — | — | — | — | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||
Cash dividends declared - $ | — | — | — | — | ( | — | — | ( | ||||||||||||||||||||||||||||||||||||||||||
| Balances as of March 31, 2025 | $ | $ | $ | ( | $ | ( | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 5 | ||||
6 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| (in 000s) | ||||||||||||||||||||||||||
| Three months ended March 31, | Nine months ended March 31, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| Revenues: | ||||||||||||||||||||||||||
| U.S. assisted tax preparation | $ | $ | $ | $ | ||||||||||||||||||||||
| U.S. royalties | ||||||||||||||||||||||||||
| U.S. DIY tax preparation | ||||||||||||||||||||||||||
| Refund Transfers | ||||||||||||||||||||||||||
| Peace of Mind® Extended Service Plan | ||||||||||||||||||||||||||
| Tax Identity Shield® | ||||||||||||||||||||||||||
Emerald Card® and SpruceSM | ||||||||||||||||||||||||||
| Interest and fee income on Emerald Advance® | ||||||||||||||||||||||||||
| International | ||||||||||||||||||||||||||
| Wave | ||||||||||||||||||||||||||
| Other | ||||||||||||||||||||||||||
| Total revenues | $ | $ | $ | $ | ||||||||||||||||||||||
| (in 000s) | ||||||||||||||||||||||||||
| POM | Deferred Revenue | Deferred Wages | ||||||||||||||||||||||||
| Nine months ended March 31, | 2026 | 2025 | 2026 | 2025 | ||||||||||||||||||||||
| Balance, beginning of the period | $ | $ | $ | $ | ||||||||||||||||||||||
| Amounts deferred | ||||||||||||||||||||||||||
| Amounts recognized on previous deferrals | ( | ( | ( | ( | ||||||||||||||||||||||
| Balance, end of the period | $ | $ | $ | $ | ||||||||||||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 7 | ||||
| (in 000s, except per share amounts) | ||||||||||||||||||||||||||
| Three months ended March 31, | Nine months ended March 31, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| Net income from continuing operations attributable to shareholders | $ | $ | $ | $ | ||||||||||||||||||||||
| Amounts allocated to participating securities | ( | ( | ( | ( | ||||||||||||||||||||||
| Net income from continuing operations attributable to common shareholders | $ | $ | $ | $ | ||||||||||||||||||||||
| Basic weighted average common shares | ||||||||||||||||||||||||||
| Potential dilutive shares | ||||||||||||||||||||||||||
| Dilutive weighted average common shares | ||||||||||||||||||||||||||
| Earnings per share from continuing operations attributable to common shareholders: | ||||||||||||||||||||||||||
| Basic | $ | $ | $ | $ | ||||||||||||||||||||||
| Diluted | ||||||||||||||||||||||||||
| (in 000s) | ||||||||||||||||||||||||||
| As of | March 31, 2026 | June 30, 2025 | ||||||||||||||||||||||||
| Short-term | Long-term | Short-term | Long-term | |||||||||||||||||||||||
| Loans to franchisees | $ | $ | $ | $ | ||||||||||||||||||||||
| Receivables for U.S. assisted and DIY tax preparation and related fees | ||||||||||||||||||||||||||
H&R Block's Instant Refund® receivables | ||||||||||||||||||||||||||
| Emerald Advance® | ||||||||||||||||||||||||||
| Software receivables from retailers | ||||||||||||||||||||||||||
| Royalties and other receivables from franchisees | ||||||||||||||||||||||||||
| Wave payment processing receivables | ||||||||||||||||||||||||||
| Other | ||||||||||||||||||||||||||
| Total | $ | $ | $ | $ | ||||||||||||||||||||||
8 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| (in 000s) | ||||||||||||||
| Tax return year of origination | Balance | More Than 60 Days Past Due | ||||||||||||
| 2025 | $ | $ | ||||||||||||
| 2024 and prior | ||||||||||||||
| $ | ||||||||||||||
| Allowance | ( | |||||||||||||
| Net balance | $ | |||||||||||||
| (in 000s) | ||||||||||||||
| Fiscal year of origination | Balance | Non-Accrual | ||||||||||||
| 2026 | $ | $ | ||||||||||||
| 2025 and prior | ||||||||||||||
| $ | ||||||||||||||
| Allowance | ( | |||||||||||||
| Net balance | $ | |||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 9 | ||||
| (in 000s) | ||||||||||||||||||||
| EAs | All Other | Total | ||||||||||||||||||
| Balances as of July 1, 2025 | $ | $ | $ | |||||||||||||||||
| Provision for credit losses | ||||||||||||||||||||
| Charge-offs, recoveries and other | ( | ( | ( | |||||||||||||||||
| Balances as of March 31, 2026 | $ | $ | $ | |||||||||||||||||
| Balances as of July 1, 2024 | $ | $ | $ | |||||||||||||||||
| Provision for credit losses | ||||||||||||||||||||
| Charge-offs, recoveries and other | ( | ( | ( | |||||||||||||||||
| Balances as of March 31, 2025 | $ | $ | $ | |||||||||||||||||
| (in 000s) | ||||||||||||||||||||
| Goodwill | Accumulated Impairment Losses | Net | ||||||||||||||||||
| Balances as of July 1, 2025 | $ | $ | ( | $ | ||||||||||||||||
Acquisitions(1) | — | |||||||||||||||||||
| Disposals and foreign currency changes, net | ( | — | ( | |||||||||||||||||
| Impairments | — | |||||||||||||||||||
| Balances as of March 31, 2026 | $ | $ | ( | $ | ||||||||||||||||
10 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| (in 000s) | ||||||||||||||||||||
| Gross Carrying Amount | Accumulated Amortization | Net | ||||||||||||||||||
| As of March 31, 2026: | ||||||||||||||||||||
| Reacquired franchise rights | $ | $ | ( | $ | ||||||||||||||||
| Customer relationships | ( | |||||||||||||||||||
| Internally-developed software | ( | |||||||||||||||||||
| Noncompete agreements | ( | |||||||||||||||||||
| Purchased technology | ( | |||||||||||||||||||
| Trade name | ( | |||||||||||||||||||
| $ | $ | ( | $ | |||||||||||||||||
| As of June 30, 2025: | ||||||||||||||||||||
| Reacquired franchise rights | $ | $ | ( | $ | ||||||||||||||||
| Customer relationships | ( | |||||||||||||||||||
| Internally-developed software | ( | |||||||||||||||||||
| Noncompete agreements | ( | |||||||||||||||||||
| Purchased technology | ( | |||||||||||||||||||
| Trade name | ( | |||||||||||||||||||
| $ | $ | ( | $ | |||||||||||||||||
| (dollars in 000s) | ||||||||||||||
| Amount | Weighted-Average Life (in years) | |||||||||||||
| Customer relationships | $ | |||||||||||||
| Reacquired franchise rights | ||||||||||||||
| Internally-developed software | ||||||||||||||
| Noncompete agreements | ||||||||||||||
| Total | $ | |||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 11 | ||||
| (in 000s) | ||||||||||||||
| As of | March 31, 2026 | June 30, 2025 | ||||||||||||
Senior Notes, | $ | $ | ||||||||||||
Senior Notes, | ||||||||||||||
Senior Notes, | ||||||||||||||
Senior Notes, 5.375%, due September 2032 | 350,000 | — | ||||||||||||
| Debt issuance costs and discounts | ( | ( | ||||||||||||
| Total long-term debt | ||||||||||||||
| Less: Current portion | — | ( | ||||||||||||
| Long-term portion | $ | $ | ||||||||||||
| Estimated fair value of long-term debt | $ | $ | ||||||||||||
12 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| (in 000s) | ||||||||
| Balances as of July 1, 2025 | $ | 266,548 | ||||||
| Additions based on tax positions related to prior years | 528 | |||||||
| Reductions based on tax positions related to prior years | (2,998) | |||||||
| Additions based on tax positions related to the current year | 16,998 | |||||||
| Reductions related to settlements with tax authorities | (122,159) | |||||||
| Expiration of statute of limitations | (1,182) | |||||||
| Balance as of March 31, 2026 | $ | 157,735 | ||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 13 | ||||
14 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 15 | ||||
16 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| Consolidated – Financial Results | (in 000s, except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31, | Nine months ended March 31, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| Revenues: | ||||||||||||||||||||||||||
| U.S. tax preparation and related services: | ||||||||||||||||||||||||||
| Assisted tax preparation | $ | $ | $ | $ | ||||||||||||||||||||||
| Royalties | ||||||||||||||||||||||||||
| DIY tax preparation | ||||||||||||||||||||||||||
| Refund Transfers | ||||||||||||||||||||||||||
| Peace of Mind® Extended Service Plan | ||||||||||||||||||||||||||
| Tax Identity Shield® | ||||||||||||||||||||||||||
Emerald Card® and SpruceSM | ||||||||||||||||||||||||||
| Interest and fee income on Emerald Advance® | ||||||||||||||||||||||||||
| International | ||||||||||||||||||||||||||
| Wave | ||||||||||||||||||||||||||
| Other | ||||||||||||||||||||||||||
| Total revenues | $ | $ | $ | $ | ||||||||||||||||||||||
| Compensation and benefits: | ||||||||||||||||||||||||||
| Field wages | ||||||||||||||||||||||||||
| Other wages | ||||||||||||||||||||||||||
| Benefits and other compensation | ||||||||||||||||||||||||||
| Occupancy | ||||||||||||||||||||||||||
| Marketing and advertising | ||||||||||||||||||||||||||
| Depreciation and amortization | ||||||||||||||||||||||||||
| Bad debt | ||||||||||||||||||||||||||
| Other | ||||||||||||||||||||||||||
| Total operating expenses | ||||||||||||||||||||||||||
| Other income (expense), net | ||||||||||||||||||||||||||
| Interest expense on borrowings | ( | ( | ( | ( | ||||||||||||||||||||||
| Income from continuing operations before income taxes | ||||||||||||||||||||||||||
| Income taxes | ||||||||||||||||||||||||||
| Segment net income from continuing operations | ||||||||||||||||||||||||||
| Reconciliation of segment profit: | ||||||||||||||||||||||||||
| Reconciling items: | ||||||||||||||||||||||||||
| Net loss from discontinued operations | ( | ( | ( | ( | ||||||||||||||||||||||
| Net income | $ | $ | $ | $ | ||||||||||||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 17 | ||||
18 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| Consolidated – Financial Results | (in 000s, except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31, | 2026 | 2025 | $ Change | % Change | ||||||||||||||||||||||
| Revenues: | ||||||||||||||||||||||||||
| U.S. tax preparation and related services: | ||||||||||||||||||||||||||
| Assisted tax preparation | $ | 1,742,135 | $ | 1,635,877 | $ | 106,258 | 6.5 | % | ||||||||||||||||||
| Royalties | 128,182 | 133,961 | (5,779) | (4.3) | % | |||||||||||||||||||||
| DIY tax preparation | 215,245 | 214,666 | 579 | 0.3 | % | |||||||||||||||||||||
| Refund Transfers | 119,935 | 113,732 | 6,203 | 5.5 | % | |||||||||||||||||||||
| Peace of Mind® Extended Service Plan | 14,347 | 15,625 | (1,278) | (8.2) | % | |||||||||||||||||||||
| Tax Identity Shield® | 8,485 | 7,025 | 1,460 | 20.8 | % | |||||||||||||||||||||
| Other | 15,000 | 14,582 | 418 | 2.9 | % | |||||||||||||||||||||
| Total U.S. tax preparation and related services | 2,243,329 | 2,135,468 | 107,861 | 5.1 | % | |||||||||||||||||||||
| Financial services: | ||||||||||||||||||||||||||
Emerald Card® and SpruceSM | 39,590 | 40,195 | (605) | (1.5) | % | |||||||||||||||||||||
| Interest and fee income on Emerald Advance® | 15,198 | 14,286 | 912 | 6.4 | % | |||||||||||||||||||||
| Total financial services | 54,788 | 54,481 | 307 | 0.6 | % | |||||||||||||||||||||
| International | 70,119 | 60,438 | 9,681 | 16.0 | % | |||||||||||||||||||||
| Wave | 29,871 | 26,717 | 3,154 | 11.8 | % | |||||||||||||||||||||
| Total revenues | $ | 2,398,107 | $ | 2,277,104 | $ | 121,003 | 5.3 | % | ||||||||||||||||||
| Compensation and benefits: | ||||||||||||||||||||||||||
| Field wages | 577,513 | 532,916 | (44,597) | (8.4) | % | |||||||||||||||||||||
| Other wages | 78,703 | 74,621 | (4,082) | (5.5) | % | |||||||||||||||||||||
| Benefits and other compensation | 118,151 | 111,575 | (6,576) | (5.9) | % | |||||||||||||||||||||
| 774,367 | 719,112 | (55,255) | (7.7) | % | ||||||||||||||||||||||
| Occupancy | 127,312 | 119,709 | (7,603) | (6.4) | % | |||||||||||||||||||||
| Marketing and advertising | 185,388 | 196,667 | 11,279 | 5.7 | % | |||||||||||||||||||||
| Depreciation and amortization | 31,519 | 29,221 | (2,298) | (7.9) | % | |||||||||||||||||||||
| Bad debt | 39,806 | 40,479 | 673 | 1.7 | % | |||||||||||||||||||||
| Other | 202,891 | 193,603 | (9,288) | (4.8) | % | |||||||||||||||||||||
| Total operating expenses | 1,361,283 | 1,298,791 | (62,492) | (4.8) | % | |||||||||||||||||||||
| Other income (expense), net | 3,941 | 4,554 | (613) | (13.5) | % | |||||||||||||||||||||
| Interest expense on borrowings | (24,307) | (24,686) | 379 | 1.5 | % | |||||||||||||||||||||
| Pretax income | 1,016,458 | 958,181 | 58,277 | 6.1 | % | |||||||||||||||||||||
| Income taxes | 167,678 | 235,253 | 67,575 | 28.7 | % | |||||||||||||||||||||
| Net income from continuing operations | 848,780 | 722,928 | 125,852 | 17.4 | % | |||||||||||||||||||||
| Net loss from discontinued operations | (879) | (598) | (281) | (47.0) | % | |||||||||||||||||||||
| Net income | $ | 847,901 | $ | 722,330 | $ | 125,571 | 17.4 | % | ||||||||||||||||||
| DILUTED EARNINGS PER SHARE | ||||||||||||||||||||||||||
| Continuing operations | $ | 6.61 | $ | 5.32 | $ | 1.29 | 24.2 | % | ||||||||||||||||||
| Discontinued operations | (0.01) | (0.01) | — | — | % | |||||||||||||||||||||
| Consolidated | $ | 6.60 | $ | 5.31 | $ | 1.29 | 24.3 | % | ||||||||||||||||||
Adjusted diluted EPS(1) | $ | 6.02 | $ | 5.38 | $ | 0.64 | 11.9 | % | ||||||||||||||||||
EBITDA (1) | $ | 1,072,284 | $ | 1,012,088 | $ | 60,196 | 5.9 | % | ||||||||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 19 | ||||
| (in 000s) | ||||||||||||||||||||||||||
| Three months ended March 31, | 2026 | 2025 | $ Change | % Change | ||||||||||||||||||||||
| Consulting and outsourced services | $ | 39,046 | $ | 38,887 | $ | (159) | (0.4) | % | ||||||||||||||||||
| Bank partner fees | 34,030 | 30,836 | (3,194) | (10.4) | % | |||||||||||||||||||||
| Client claims and refunds | 8,655 | 8,420 | (235) | (2.8) | % | |||||||||||||||||||||
| Employee and travel expenses | 7,993 | 8,552 | 559 | 6.5 | % | |||||||||||||||||||||
| Technology-related expenses | 37,076 | 34,472 | (2,604) | (7.6) | % | |||||||||||||||||||||
| Credit card/bank charges | 41,856 | 39,605 | (2,251) | (5.7) | % | |||||||||||||||||||||
| Insurance | 3,664 | 4,644 | 980 | 21.1 | % | |||||||||||||||||||||
| Legal fees and settlements | 10,294 | 7,986 | (2,308) | (28.9) | % | |||||||||||||||||||||
| Supplies | 11,353 | 10,407 | (946) | (9.1) | % | |||||||||||||||||||||
| Other | 8,924 | 9,794 | 870 | 8.9 | % | |||||||||||||||||||||
| $ | 202,891 | $ | 193,603 | $ | (9,288) | (4.8) | % | |||||||||||||||||||
20 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| Consolidated - Financial Results | (in 000s, except per share amounts) | |||||||||||||||||||||||||
| Nine months ended March 31, | 2026 | 2025 | $ Change | % Change | ||||||||||||||||||||||
| Revenues: | ||||||||||||||||||||||||||
| U.S. tax preparation and related services: | ||||||||||||||||||||||||||
| Assisted tax preparation | $ | 1,846,698 | $ | 1,727,220 | $ | 119,478 | 6.9 | % | ||||||||||||||||||
| Royalties | 139,139 | 143,312 | (4,173) | (2.9) | % | |||||||||||||||||||||
| DIY tax preparation | 235,797 | 231,646 | 4,151 | 1.8 | % | |||||||||||||||||||||
| Refund Transfers | 121,416 | 115,229 | 6,187 | 5.4 | % | |||||||||||||||||||||
| Peace of Mind® Extended Service Plan | 54,087 | 54,867 | (780) | (1.4) | % | |||||||||||||||||||||
| Tax Identity Shield® | 16,851 | 14,947 | 1,904 | 12.7 | % | |||||||||||||||||||||
| Other | 41,321 | 40,215 | 1,106 | 2.8 | % | |||||||||||||||||||||
| Total U.S. tax preparation and related services | 2,455,309 | 2,327,436 | 127,873 | 5.5 | % | |||||||||||||||||||||
| Financial services: | ||||||||||||||||||||||||||
Emerald Card® and SpruceSM | 56,566 | 59,169 | (2,603) | (4.4) | % | |||||||||||||||||||||
| Interest and fee income on Emerald Advance® | 28,644 | 26,594 | 2,050 | 7.7 | % | |||||||||||||||||||||
| Total financial services | 85,210 | 85,763 | (553) | (0.6) | % | |||||||||||||||||||||
| International | 170,498 | 157,104 | 13,394 | 8.5 | % | |||||||||||||||||||||
| Wave | 89,506 | 79,681 | 9,825 | 12.3 | % | |||||||||||||||||||||
| Total revenues | $ | 2,800,523 | $ | 2,649,984 | $ | 150,539 | 5.7 | % | ||||||||||||||||||
| Compensation and benefits: | ||||||||||||||||||||||||||
| Field wages | 741,405 | 682,575 | (58,830) | (8.6) | % | |||||||||||||||||||||
| Other wages | 230,987 | 230,687 | (300) | (0.1) | % | |||||||||||||||||||||
| Benefits and other compensation | 194,802 | 188,731 | (6,071) | (3.2) | % | |||||||||||||||||||||
| 1,167,194 | 1,101,993 | (65,201) | (5.9) | % | ||||||||||||||||||||||
| Occupancy | 339,700 | 326,026 | (13,674) | (4.2) | % | |||||||||||||||||||||
| Marketing and advertising | 208,725 | 221,502 | 12,777 | 5.8 | % | |||||||||||||||||||||
| Depreciation and amortization | 90,442 | 87,247 | (3,195) | (3.7) | % | |||||||||||||||||||||
| Bad debt | 63,827 | 62,625 | (1,202) | (1.9) | % | |||||||||||||||||||||
| Other | 399,721 | 393,900 | (5,821) | (1.5) | % | |||||||||||||||||||||
| Total operating expenses | 2,269,609 | 2,193,293 | (76,316) | (3.5) | % | |||||||||||||||||||||
| Other income (expense), net | 15,077 | 19,215 | (4,138) | (21.5) | % | |||||||||||||||||||||
| Interest expense on borrowings | (65,087) | (62,285) | (2,802) | (4.5) | % | |||||||||||||||||||||
| Pretax income | 480,904 | 413,621 | 67,283 | 16.3 | % | |||||||||||||||||||||
| Income taxes | 39,058 | 104,580 | 65,522 | 62.7 | % | |||||||||||||||||||||
| Net income from continuing operations | 441,846 | 309,041 | 132,805 | 43.0 | % | |||||||||||||||||||||
| Net loss from discontinued operations | (1,930) | (2,707) | 777 | 28.7 | % | |||||||||||||||||||||
| Net income | $ | 439,916 | $ | 306,334 | $ | 133,582 | 43.6 | % | ||||||||||||||||||
| DILUTED EARNINGS PER SHARE | ||||||||||||||||||||||||||
| Continuing operations | $ | 3.40 | $ | 2.23 | $ | 1.17 | 52.5 | % | ||||||||||||||||||
| Discontinued operations | (0.02) | (0.02) | — | — | % | |||||||||||||||||||||
| Consolidated | $ | 3.38 | $ | 2.21 | $ | 1.17 | 52.9 | % | ||||||||||||||||||
Adjusted diluted EPS(1) | $ | 2.95 | $ | 2.41 | $ | 0.54 | 22.4 | % | ||||||||||||||||||
EBITDA (1) | $ | 636,433 | $ | 563,153 | $ | 73,280 | 13.0 | % | ||||||||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 21 | ||||
| (in 000s) | ||||||||||||||||||||||||||
| Nine months ended March 31, | 2026 | 2025 | $ Change | % Change | ||||||||||||||||||||||
| Consulting and outsourced services | $ | 76,536 | $ | 72,770 | $ | (3,766) | (5.2) | % | ||||||||||||||||||
| Bank partner fees | 32,781 | 32,199 | (582) | (1.8) | % | |||||||||||||||||||||
| Client claims and refunds | 17,795 | 18,696 | 901 | 4.8 | % | |||||||||||||||||||||
| Employee and travel expenses | 26,073 | 27,164 | 1,091 | 4.0 | % | |||||||||||||||||||||
| Technology-related expenses | 93,197 | 87,035 | (6,162) | (7.1) | % | |||||||||||||||||||||
| Credit card/bank charges | 80,780 | 76,300 | (4,480) | (5.9) | % | |||||||||||||||||||||
| Insurance | 11,210 | 12,444 | 1,234 | 9.9 | % | |||||||||||||||||||||
| Legal fees and settlements | 25,273 | 29,640 | 4,367 | 14.7 | % | |||||||||||||||||||||
| Supplies | 19,010 | 16,884 | (2,126) | (12.6) | % | |||||||||||||||||||||
| Other | 17,066 | 20,768 | 3,702 | 17.8 | % | |||||||||||||||||||||
| $ | 399,721 | $ | 393,900 | $ | (5,821) | (1.5) | % | |||||||||||||||||||
22 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| (in 000s) | ||||||||||||||
| Nine months ended March 31, | 2026 | 2025 | ||||||||||||
| Net cash provided by (used in): | ||||||||||||||
| Operating activities | $ | 586,717 | $ | 429,322 | ||||||||||
| Investing activities | (122,560) | (110,890) | ||||||||||||
| Financing activities | (579,481) | (595,506) | ||||||||||||
| Effects of exchange rates on cash | (1,070) | (8,429) | ||||||||||||
| Net decrease in cash and cash equivalents, including restricted balances | $ | (116,394) | $ | (285,503) | ||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 23 | ||||
| As of | March 31, 2026 | June 30, 2025 | ||||||||||||||||||||||||||||||||||||
| Short-term | Long-term | Outlook | Short-term | Long-term | Outlook | |||||||||||||||||||||||||||||||||
| Moody's | P-3 | Baa3 | Stable | P-3 | Baa3 | Stable | ||||||||||||||||||||||||||||||||
| S&P | A-2 | BBB | Stable | A-2 | BBB | Stable | ||||||||||||||||||||||||||||||||
24 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| SUMMARIZED BALANCE SHEET - GUARANTOR AND ISSUER | (in 000s) | |||||||||||||
| As of | March 31, 2026 | June 30, 2025 | ||||||||||||
| Current assets | $ | 53,021 | $ | 38,254 | ||||||||||
| Noncurrent assets | 1,848,462 | 1,836,847 | ||||||||||||
| Current liabilities | 82,882 | 432,139 | ||||||||||||
| Noncurrent liabilities | 1,495,849 | 1,148,806 | ||||||||||||
| SUMMARIZED STATEMENTS OF OPERATIONS - GUARANTOR AND ISSUER | (in 000s) | |||||||||||||
| Nine months ended March 31, 2026 | Twelve months ended June 30, 2025 | |||||||||||||
| Total revenues | $ | 104,498 | $ | 126,240 | ||||||||||
| Income from continuing operations before income taxes | 47,726 | 58,596 | ||||||||||||
| Net income from continuing operations | 36,749 | 45,120 | ||||||||||||
| Net income | 34,820 | 41,443 | ||||||||||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 25 | ||||
| (in 000s) | ||||||||||||||||||||||||||
| Three months ended March 31, | Nine months ended March 31, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| Net income - as reported | $ | 847,901 | $ | 722,330 | $ | 439,916 | $ | 306,334 | ||||||||||||||||||
| Discontinued operations, net | 879 | 598 | 1,930 | 2,707 | ||||||||||||||||||||||
| Net income from continuing operations - as reported | 848,780 | 722,928 | 441,846 | 309,041 | ||||||||||||||||||||||
| Add back: | ||||||||||||||||||||||||||
| Income taxes | 167,678 | 235,253 | 39,058 | 104,580 | ||||||||||||||||||||||
| Interest expense | 24,307 | 24,686 | 65,087 | 62,285 | ||||||||||||||||||||||
| Depreciation and amortization | 31,519 | 29,221 | 90,442 | 87,247 | ||||||||||||||||||||||
| 223,504 | 289,160 | 194,587 | 254,112 | |||||||||||||||||||||||
| EBITDA from continuing operations | $ | 1,072,284 | $ | 1,012,088 | $ | 636,433 | $ | 563,153 | ||||||||||||||||||
| (in 000s, except per share amounts) | ||||||||||||||||||||||||||
| Three months ended March 31, | Nine months ended March 31, | |||||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||||||||||
| Net income from continuing operations - as reported | $ | 848,780 | $ | 722,928 | $ | 441,846 | $ | 309,041 | ||||||||||||||||||
| Adjustments: | ||||||||||||||||||||||||||
| Amortization of intangibles related to acquisitions (pretax) | 12,170 | 11,278 | 34,401 | 33,316 | ||||||||||||||||||||||
| Discrete tax impact of IRS examination settlements | (84,113) | — | (84,113) | — | ||||||||||||||||||||||
Tax effect of pretax adjustments (1) | (3,145) | (2,927) | (8,381) | (8,111) | ||||||||||||||||||||||
| Adjusted net income from continuing operations | $ | 773,692 | $ | 731,279 | $ | 383,753 | $ | 334,246 | ||||||||||||||||||
| Diluted earnings per share from continuing operations - as reported | $ | 6.61 | $ | 5.32 | $ | 3.40 | $ | 2.23 | ||||||||||||||||||
| Adjustments, net of tax | (0.59) | 0.06 | (0.45) | 0.18 | ||||||||||||||||||||||
| Adjusted diluted earnings per share from continuing operations | $ | 6.02 | $ | 5.38 | $ | 2.95 | $ | 2.41 | ||||||||||||||||||
26 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 27 | ||||
| (in 000s, except per share amounts) | ||||||||||||||||||||||||||
Total Number of Shares Purchased (1) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (2) | |||||||||||||||||||||||
| January 1 - January 31 | 1 | $ | 41.87 | — | $ | 700,000 | ||||||||||||||||||||
| February 1 - February 28 | — | $ | 30.62 | — | $ | 700,000 | ||||||||||||||||||||
| March 1 - March 31 | — | $ | — | — | $ | 700,000 | ||||||||||||||||||||
| 1 | $ | 41.52 | — | |||||||||||||||||||||||
28 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema | ||||
| 101.CAL | Inline XBRL Extension Calculation Linkbase | ||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase | ||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase | ||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase | ||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | ||||
H&R Block, Inc. |Q3 FY2026 Form 10-Q | 29 | ||||
| H&R BLOCK, INC. | ||
| /s/ Curtis A. Campbell | ||
| Curtis A. Campbell | ||
| President and Chief Executive Officer | ||
| May 6, 2026 | ||
| /s/ Tiffany L. Mason | ||
| Tiffany L. Mason | ||
| Chief Financial Officer | ||
| May 6, 2026 | ||
| /s/ April M. Wasleski | ||
| April M. Wasleski | ||
| Chief Accounting Officer | ||
| May 6, 2026 | ||
30 | Q3 FY2026 Form 10-Q| H&R Block, Inc. | ||||
| Date: | May 6, 2026 | /s/ Curtis A. Campbell | |||||||||
| Curtis A. Campbell | |||||||||||
| Chief Executive Officer H&R Block, Inc. | |||||||||||
| Date: | May 6, 2026 | /s/ Tiffany L. Mason | |||||||||
| Tiffany L. Mason | |||||||||||
| Chief Financial Officer H&R Block, Inc. | |||||||||||
| /s/ Curtis A. Campbell | ||
| Curtis A. Campbell Chief Executive Officer H&R Block, Inc. | ||
| May 6, 2026 | ||
| /s/ Tiffany L. Mason | ||
| Tiffany L. Mason Chief Financial Officer H&R Block, Inc. | ||
| May 6, 2026 | ||
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) |
3 Months Ended | 9 Months Ended | |||
|---|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2021 |
|
| REVENUES: | |||||
| Total revenues | $ 2,398,107,000 | $ 2,277,104,000 | $ 2,800,523,000 | $ 2,649,984,000 | |
| OPERATING EXPENSES: | |||||
| Costs of revenues | 1,031,951,000 | 969,392,000 | 1,645,887,000 | 1,553,182,000 | |
| Selling, general and administrative | 329,332,000 | 329,399,000 | 623,722,000 | 640,111,000 | |
| Total operating expenses | 1,361,283,000 | 1,298,791,000 | 2,269,609,000 | 2,193,293,000 | |
| Other income (expense), net | 3,941,000 | 4,554,000 | 15,077,000 | 19,215,000 | |
| Interest expense on borrowings | (24,307,000) | (24,686,000) | (65,087,000) | (62,285,000) | |
| Income from continuing operations before income taxes | 1,016,458,000 | 958,181,000 | 480,904,000 | 413,621,000 | |
| Income taxes | 167,678,000 | 235,253,000 | 39,058,000 | 104,580,000 | |
| Net income from continuing operations | 848,780,000 | 722,928,000 | 441,846,000 | 309,041,000 | |
| Net loss from discontinued operations, net of tax benefits of $263, $180, $576, and $811 | (879,000) | (598,000) | (1,930,000) | (2,707,000) | |
| NET INCOME | $ 847,901,000 | $ 722,330,000 | $ 439,916,000 | $ 306,334,000 | |
| BASIC EARNINGS PER SHARE: | |||||
| Continuing operations | $ 6.66 | $ 5.38 | $ 3.43 | $ 2.26 | |
| Diluted | 6.61 | 5.32 | 3.40 | 2.23 | $ 2.23 |
| Discontinued operations (in dollars per share) | (0.01) | (0.01) | (0.02) | (0.02) | |
| Earnings Per Share, Diluted | 6.60 | 5.31 | 3.38 | $ 2.21 | |
| Discontinued operations | 0 | (0.01) | (0.02) | (0.02) | |
| Consolidated | 6.66 | 5.37 | 3.41 | 2.24 | |
| Dividends declared per share (in usd per share) | $ 0.42 | $ 0.375 | $ 1.26 | $ 1.125 | |
| COMPREHENSIVE INCOME: | |||||
| Net income | $ 847,901,000 | $ 722,330,000 | $ 439,916,000 | $ 306,334,000 | |
| Change in foreign currency translation adjustments | (4,008,000) | 445,000 | (7,591,000) | (22,472,000) | |
| Other comprehensive income (loss) | (4,008,000) | 445,000 | (7,591,000) | (22,472,000) | |
| Comprehensive income | 843,893,000 | 722,775,000 | 432,325,000 | 283,862,000 | |
| Service revenues | |||||
| REVENUES: | |||||
| Total revenues | 2,226,323,000 | 2,099,481,000 | 2,586,213,000 | 2,434,220,000 | |
| Royalty, product and other revenues | |||||
| REVENUES: | |||||
| Total revenues | $ 171,784,000 | $ 177,623,000 | $ 214,310,000 | $ 215,764,000 | |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Parenthetical) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Income Statement [Abstract] | ||||
| Discontinued Operation, Tax Effect of Discontinued Operation | $ 263 | $ 180 | $ 576 | $ 811 |
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands |
Mar. 31, 2026 |
Jun. 30, 2025 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Allowance for doubtful accounts | $ 53,638 | $ 55,775 |
| Accumulated depreciation and amortization | $ 880,616 | $ 828,744 |
| Common stock, stated value per share (in usd per share) | $ 0.01 | $ 0.01 |
| Common stock, shares authorized (in shares) | 800,000,000 | 800,000,000 |
| Common stock, shares issued (in shares) | 156,506,438 | 164,367,434 |
| Treasury stock, shares (in shares) | 29,746,662 | 30,420,033 |
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares |
3 Months Ended | 9 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 |
Dec. 31, 2025 |
Sep. 30, 2025 |
Mar. 31, 2025 |
Dec. 31, 2024 |
Sep. 30, 2024 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Statement of Stockholders' Equity [Abstract] | ||||||||
| Cash dividends declared per share (in usd per share) | $ 0.42 | $ 0.42 | $ 0.42 | $ 0.375 | $ 0.375 | $ 0.375 | $ 1.26 | $ 1.125 |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
9 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Accounting Policies [Abstract] | |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION – The consolidated balance sheets as of March 31, 2026 and June 30, 2025, the consolidated statements of operations and comprehensive income for the three and nine months ended March 31, 2026 and 2025, the consolidated statements of cash flows for the nine months ended March 31, 2026 and 2025, and the consolidated statements of stockholders' equity for the three and nine months ended March 31, 2026 and 2025 have been prepared by the Company, without audit. In the opinion of management, all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position, results of operations, and cash flows as of March 31, 2026 and 2025 and for all periods presented, have been made. "H&R Block," "the Company," "we," "our," and "us" are used interchangeably to refer to H&R Block, Inc., to H&R Block, Inc. and its subsidiaries, or to H&R Block, Inc.'s operating subsidiaries, as appropriate to the context. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted. These consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our June 30, 2025 Annual Report on Form 10-K. All amounts presented herein as of June 30, 2025 or for the year then ended are derived from our Annual Report on Form 10-K. MANAGEMENT ESTIMATES – The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions and judgments are applied in the evaluation of contingent losses associated with pending claims and litigation, reserves for uncertain tax positions, and fair value of reporting units. Estimates have been prepared based on the best information available as of each balance sheet date. As such, actual results could differ materially from those estimates. SEASONALITY OF BUSINESS – Our operating revenues are seasonal in nature with peak revenues typically occurring in the months of February through April. Therefore, results for interim periods are not indicative of results to be expected for the full year. DISCONTINUED OPERATIONS – Our discontinued operations include the results of operations of Sand Canyon Corporation, previously known as Option One Mortgage Corporation, which exited its mortgage business in fiscal year 2008.
|
REVENUE RECOGNITION |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from Contract with Customer [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| REVENUE RECOGNITION | NOTE 2: REVENUE RECOGNITION The majority of our revenues are from our United States (U.S.) tax services business. The following table disaggregates our U.S. revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
As of March 31, 2026, deferred revenue related to POM was $171.0 million. We expect that $91.9 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years. As of March 31, 2026 and 2025, Tax Identity Shield® (TIS) deferred revenue was $37.6 million and $31.2 million, respectively. Deferred revenue related to TIS was $22.6 million and $21.4 million as of June 30, 2025 and 2024, respectively. All deferred revenue related to TIS will be recognized by April 2027.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY | NOTE 3: EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY EARNINGS PER SHARE – Basic and diluted earnings (loss) per share is computed using the two-class method. The two-class method is an earnings allocation formula that determines net income per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Per share amounts are computed by dividing net income (loss) from continuing operations attributable to common shareholders by the weighted average shares outstanding during each period. Diluted earnings per share excludes the impact of shares of common stock issuable upon the lapse of certain restrictions or the exercise of options to purchase 1.3 million and 0.8 million shares for the three and nine months ended March 31, 2026, respectively, and 0.6 million and 0.5 million shares for the three and nine months ended March 31, 2025, respectively, as the effect would be antidilutive. The computations of basic and diluted earnings per share from continuing operations are as follows:
The decrease in the weighted average shares outstanding is due to share repurchases completed in the current and prior fiscal years. STOCK-BASED COMPENSATION – We granted 1.0 million and 1.1 million shares, including adjustments for performance achievement and dividend equivalents, under our stock-based compensation plans during the nine months ended March 31, 2026 and 2025, respectively. Stock-based compensation expense of our continuing operations totaled $8.4 million and $22.2 million for the three and nine months ended March 31, 2026, respectively, and $7.5 million and $25.4 million for the three and nine months ended March 31, 2025, respectively. As of March 31, 2026, unrecognized compensation cost for nonvested shares and units totaled $55.3 million.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RECEIVABLES |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RECEIVABLES | NOTE 4: RECEIVABLES Receivables, net of their related allowance, consist of the following:
Balances presented above as short-term are included in receivables, while the long-term portions are included in other noncurrent assets in the consolidated balance sheets. LOANS TO FRANCHISEES – Franchisee loan balances consist of term loans made primarily to finance the purchase of franchises and revolving lines of credit primarily for the purpose of funding working capital needs. Loans with a principal balance more than 90 days past due or on non-accrual status were $3.0 million and $3.1 million as of March 31, 2026 and June 30, 2025, respectively. H&R BLOCK'S INSTANT REFUND® – H&R Block's Instant Refund® amounts are generally received from the Canada Revenue Agency within 60 days of filing the client's return, with the remaining balance collectible from the client. We review the credit quality of our Instant Refund receivables based on pools, which are segregated by the tax return year of origination, with older years being deemed more unlikely to be repaid. We establish an allowance for credit losses at an amount that we believe reflects the receivable at net realizable value. In December of each year, we charge-off the receivables and the related allowance to an amount we believe represents the net realizable value. Balances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by tax return year of origination, as of March 31, 2026 are as follows:
EMERALD ADVANCE® – We review the credit quality of our purchased participation interests in Emerald Advance® (EA) receivables based on pools, which are segregated by the fiscal year of origination, with older years being deemed more unlikely to be repaid. We establish an allowance for credit losses at an amount that we believe reflects the receivable at net realizable value. Typically, in December of each year, we charge-off the receivables and the related allowance for EAs to an amount we believe represents the net realizable value. Balances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by fiscal year of origination, as of March 31, 2026 are as follows:
ALLOWANCE FOR CREDIT LOSSES – Activity in the allowance for credit losses for EA and all other short-term and long-term receivables for the nine months ended March 31, 2026 and 2025 is as follows:
For the nine months ended March 31, 2026, there were $19.7 million of gross charge-offs related to EAs which were originated in fiscal year 2025.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GOODWILL AND INTANGIBLE ASSETS |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| GOODWILL AND INTANGIBLE ASSETS | NOTE 5: GOODWILL AND INTANGIBLE ASSETS Changes in the carrying amount of goodwill for the nine months ended March 31, 2026 are as follows:
(1) All goodwill added during the period is expected to be tax-deductible for federal income tax reporting. In conjunction with our annual impairment test, we tested goodwill for impairment during the quarter and did not identify any impairment. Components of intangible assets are as follows:
We made payments to acquire businesses totaling $55.0 million and $35.3 million during the nine months ended March 31, 2026 and 2025, respectively. The amounts and weighted-average lives of intangible assets acquired during the nine months ended March 31, 2026, including amounts capitalized related to internally-developed software, are as follows:
Amortization of intangible assets for the three and nine months ended March 31, 2026 was $12.3 million and $34.7 million respectively, compared to $11.3 million and $36.3 million for the three and nine months ended March 31, 2025. Estimated amortization of intangible assets for fiscal years ending June 30, 2026, 2027, 2028, 2029, and 2030 is $47.2 million, $44.9 million, $36.5 million, $27.6 million and $17.6 million, respectively.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LONG-TERM DEBT |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LONG-TERM DEBT | NOTE 6: LONG-TERM DEBT The components of long-term debt are as follows:
On August 26, 2025, we issued $350.0 million of 5.375% Senior Notes due September 15, 2032 (2032 Senior Notes). The 2032 Senior Notes are not redeemable by the bondholders prior to maturity, although we have the right to redeem some or all of these notes at any time, at specified redemption prices. The net proceeds from the 2032 Senior Notes were used for general corporate purposes, which includes, among other uses, the redemption of the $350.0 million in principal outstanding of our 5.250% notes due October 2025 (2025 Senior Notes). We redeemed our 2025 Senior Notes at 100% of the principal amount, plus accrued and unpaid interest, on September 19, 2025. UNSECURED COMMITTED LINE OF CREDIT – On July 11, 2025, we entered into a Fifth Amended and Restated Credit and Guarantee Agreement (2025 CLOC), which amended and restated our Fourth Amended and Restated Credit and Guarantee Agreement, extended the scheduled maturity date to July 11, 2030, maintained the aggregate principal amount of $1.5 billion, and revised the interest rate table. All other material terms remain substantially unchanged from our previous CLOC. The 2025 CLOC provides for an unsecured senior revolving credit facility in the aggregate principal amount of $1.5 billion, which includes a $175.0 million sublimit for swingline loans and a $50.0 million sublimit for standby letters of credit. We may request increases in the aggregate principal amount of the revolving credit facility of up to $500.0 million, subject to obtaining commitments from lenders and meeting certain other conditions. The 2025 CLOC will mature on July 11, 2030, unless extended pursuant to the terms of the 2025 CLOC, at which time all outstanding amounts thereunder will be due and payable. Our 2025 CLOC includes an annual facility fee, which will vary depending on our then current credit ratings. The 2025 CLOC is subject to various conditions, triggers, events or occurrences that could result in earlier termination and contains customary representations, warranties, covenants and events of default, including, without limitation: (1) a covenant requiring the Company to maintain a debt-to-EBITDA ratio, as defined by the 2025 CLOC agreement, calculated on a consolidated basis of no greater than (a) 3.50 to 1.00 as of the last day of each fiscal quarter ending on March 31, June 30, and September 30 of each year and (b) 4.50 to 1.00 as of the last day of each fiscal quarter ending on December 31 of each year; (2) a covenant requiring us to maintain an interest coverage ratio (EBITDA-to-interest expense) calculated on a consolidated basis of not less than 2.50 to 1.00 as of the last date of any fiscal quarter; and (3) covenants restricting our ability to incur certain additional debt, incur liens, merge or consolidate with other companies, sell or dispose of assets (including equity interests), liquidate or dissolve, engage in certain transactions with affiliates or enter into certain restrictive agreements. The 2025 CLOC includes provisions for an equity cure which could potentially allow us to independently cure certain defaults. Proceeds under the 2025 CLOC may be used for working capital needs or for other general corporate purposes. We were in compliance with these requirements as of March 31, 2026. We had no outstanding balance under our CLOC and amounts available to borrow were not limited by the debt-to-EBITDA covenant as of March 31, 2026.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
INCOME TAXES |
3 Months Ended | 9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2026 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INCOME TAXES | NOTE 7: INCOME TAXES We file a consolidated U.S. federal income tax return with the Internal Revenue Service (IRS) and also file income tax returns in various state, local, and foreign jurisdictions. On July 4, 2025, H.R. 1 was signed into law. The legislation did not have a material impact on our income tax expense for the nine months ended March 31, 2026, and we do not expect it to materially impact our effective income tax rate for the fiscal year ending June 30, 2026. Our effective income tax rate on continuing operations, including the impact of discrete tax items, was 8.1% for the nine months ended March 31, 2026, compared to 25.3% for the nine months ended March 31, 2025. Discrete tax items decreased the effective tax rate by 16.1% for the nine months ended March 31, 2026, and increased the effective tax rate by 0.9% for the nine months ended March 31, 2025. We recorded a discrete income tax benefit of $77.6 million for the nine months ended March 31, 2026, compared to a discrete income tax expense of $3.8 million for the nine months ended March 31, 2025. The discrete income tax benefit recognized during the current year period was primarily attributable to the settlement of an IRS examination of our 2020 U.S. federal income tax return and related carryback claims to the 2015 through 2018 tax years. The closure of the IRS examination resulted in a discrete income tax benefit of $84.1 million, which was recorded in income tax expense. The benefit primarily reflects the release of the related unrecognized tax benefits, including reversal of accrued interest through the date of settlement. Due to the seasonality of our business, the impact of discrete tax items on our effective income tax rate for the nine months ended March 31, 2026 is greater than the expected impact on our projected full-year effective income tax rate. Changes in gross unrecognized tax benefits for the nine months ended March 31, 2026 are as follows:
|
NOTE 7: INCOME TAXES We file a consolidated U.S. federal income tax return with the Internal Revenue Service (IRS) and also file income tax returns in various state, local, and foreign jurisdictions. On July 4, 2025, H.R. 1 was signed into law. The legislation did not have a material impact on our income tax expense for the nine months ended March 31, 2026, and we do not expect it to materially impact our effective income tax rate for the fiscal year ending June 30, 2026.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
COMMITMENTS AND CONTINGENCIES |
3 Months Ended | 9 Months Ended |
|---|---|---|
Jun. 30, 2026 |
Mar. 31, 2026 |
|
| Commitments and Contingencies Disclosure [Abstract] | ||
| COMMITMENTS AND CONTINGENCIES | Refund Advance loans are originated by Pathward and offered to certain assisted U.S. tax preparation clients, based on client eligibility as determined by Pathward. We pay fees primarily based on loan size and customer type. We have provided a guarantee up to $18.0 million related to certain loans to clients prior to the IRS accepting electronic filing. At March 31, 2026 and June 30, 2025, we accrued an estimated liability of $2.2 million related to this guarantee. | NOTE 8: COMMITMENTS AND CONTINGENCIES Our U.S. and Canadian businesses offer our 100% accuracy guarantee. Assisted tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client for penalties and interest attributable to an H&R Block error on a return. Similarly, DIY tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client (up to a maximum of $10,000 in the U.S.) if our software makes an arithmetic error that results in payment of penalties and/or interest to the respective taxing authority that a client would otherwise not have been required to pay. Our liability related to estimated losses under the 100% accuracy guarantee was $12.4 million and $11.4 million as of March 31, 2026 and June 30, 2025, respectively. The short-term and long-term portions of this liability are included in deferred revenue and other liabilities in the consolidated balance sheets. Liabilities related to acquisitions for (1) estimated contingent consideration based on expected financial performance of the acquired business and economic conditions at the time of acquisition and (2) estimated accrued compensation related to continued employment of key employees were $28.0 million and $29.6 million as of March 31, 2026 and June 30, 2025 respectively, with amounts recorded in deferred revenue and other liabilities. Should actual results differ from our estimates, future payments made will differ from the above estimate and any differences will be recorded in results from continuing operations. We have contractual commitments to fund certain franchises with approved short-term lines of credit for the purpose of meeting their seasonal working capital needs. Our total obligation under these lines of credit was $22.6 million at March 31, 2026, and net of amounts drawn and outstanding, our remaining commitment to fund totaled $11.2 million. Emerald Advance® term loans are originated by Pathward® N.A. (Pathward). We purchase participation interests, at par, in all EAs originated by Pathward in accordance with our participation agreement. Our participation interest varies by jurisdiction. For the nine months ended March 31, 2026, the principal balance of purchased participation interests for the current year totaled $283.7 million, which represents 87% of total EA volume originated by Pathward.
|
LITIGATION AND OTHER RELATED CONTINGENCIES |
9 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| LITIGATION AND OTHER RELATED CONTINGENCIES | NOTE 9: LITIGATION AND OTHER RELATED CONTINGENCIES We are a defendant in numerous litigation and arbitration matters, arising both in the ordinary course of business and otherwise, including as described below. The matters described below are not all of the lawsuits or arbitrations to which we are subject. In some of the matters, very large or indeterminate amounts, including punitive damages, may be sought. U.S. jurisdictions permit considerable variation in the assertion of monetary damages or other relief. Jurisdictions may permit claimants not to specify the monetary damages sought or may permit claimants to state only that the amount sought is sufficient to invoke the jurisdiction. In addition, jurisdictions may permit plaintiffs to allege monetary damages in amounts well exceeding reasonably possible verdicts in the jurisdiction for similar matters. We believe that the monetary relief which may be specified in a lawsuit or claim bears little relevance to its merits or disposition value due to this variability in pleadings and our experience in handling and resolving numerous claims over an extended period of time. The outcome of a matter and the amount or range of potential loss at particular points in time may be difficult to ascertain. Among other things, uncertainties can include how fact finders will evaluate documentary evidence and the credibility and effectiveness of witness testimony, and how courts and arbitrators will apply the law. Disposition valuations are also subject to the uncertainty of how opposing parties and their counsel will view the relevant evidence and applicable law. In addition to litigation and arbitration matters, we are also subject to other loss contingencies arising out of our business activities, including as described below. We accrue liabilities for litigation, arbitration and other related loss contingencies and any related settlements when it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. If a range of loss is estimated, and some amount within that range appears to be a better estimate than any other amount within that range, then that amount is accrued. If no amount within the range can be identified as a better estimate than any other amount, we accrue the minimum amount in the range. For such matters where a loss is believed to be reasonably possible, but not probable, or the loss cannot be reasonably estimated, no accrual has been made. It is possible that such matters could require us to pay damages or make other expenditures or accrue liabilities in amounts that could not be reasonably estimated as of March 31, 2026. While the potential future liabilities could be material in the particular quarterly or annual periods in which they are recorded, based on information currently known, we do not believe any such liabilities are likely to have a material adverse effect on our business and our consolidated financial position, results of operations, and cash flows. Our accrued liabilities were $13.3 million and $6.2 million as of March 31, 2026 and June 30, 2025, respectively. Our estimate of the aggregate range of reasonably possible losses includes (1) matters where a liability has been accrued and there is a reasonably possible loss in excess of the amount accrued for that liability, and (2) matters where a liability has not been accrued but we believe a loss is reasonably possible. This aggregate range only represents those losses as to which we are currently able to estimate a reasonably possible loss or range of loss. It does not represent our maximum loss exposure. Matters for which we are not currently able to estimate the reasonably possible loss or range of loss are not included in this range. We are often unable to estimate the possible loss or range of loss until developments in such matters have provided sufficient information to support an assessment of the reasonably possible loss or range of loss, such as precise information about the amount of damages or other remedies being asserted, the defenses to the claims being asserted, discovery from other parties and investigation of factual allegations, rulings by courts or arbitrators on motions or appeals, analyses by experts, or the status or terms of any settlement negotiations. The estimated range of reasonably possible loss is based upon currently available information and is subject to significant judgment and a variety of assumptions, as well as known and unknown uncertainties. The matters underlying the estimated range will change from time to time, and actual results may vary significantly from the current estimate. As of March 31, 2026, we believe the estimate of the aggregate range of reasonably possible losses in excess of amounts accrued, where the range of loss can be estimated, is not material. At the end of each reporting period, we review relevant information with respect to litigation, arbitration and other related loss contingencies and update our accruals, disclosures, and estimates of reasonably possible loss or range of loss based on such reviews. Costs incurred with defending matters are expensed as incurred. Any receivable for insurance recoveries is recorded separately from the corresponding liability, and only if recovery is determined to be probable and reasonably estimable. We believe we have meritorious defenses to the claims asserted in the various matters described in this note, and we intend to defend them vigorously. The amounts claimed in the matters are substantial, however, and there can be no assurances as to their outcomes. In the event of unfavorable outcomes, it could require modifications to our operations; in addition, the amounts that may be required to be paid to discharge or settle the matters could be substantial and could have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows. We have received and are responding to certain governmental inquiries, class actions and mass arbitrations relating to the IRS Free File Program and other aspects of our DIY tax preparation services, including the use of pixels. An accrual related to these matters is included in our loss contingency accrual. We are from time to time a party to litigation, arbitration and other loss contingencies not discussed herein arising out of our business operations. These matters may include actions by state attorneys general, other state regulators, federal regulators, individual plaintiffs, and cases in which plaintiffs seek to represent others who may be similarly situated. While we cannot provide assurance that we will ultimately prevail in each instance, we believe the amount, if any, we are required to pay to discharge or settle these other matters will not have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows.
|
Commitment and Contingencies |
3 Months Ended | 9 Months Ended |
|---|---|---|
Jun. 30, 2026 |
Mar. 31, 2026 |
|
| Commitments and Contingencies Disclosure [Abstract] | ||
| COMMITMENTS AND CONTINGENCIES | Refund Advance loans are originated by Pathward and offered to certain assisted U.S. tax preparation clients, based on client eligibility as determined by Pathward. We pay fees primarily based on loan size and customer type. We have provided a guarantee up to $18.0 million related to certain loans to clients prior to the IRS accepting electronic filing. At March 31, 2026 and June 30, 2025, we accrued an estimated liability of $2.2 million related to this guarantee. | NOTE 8: COMMITMENTS AND CONTINGENCIES Our U.S. and Canadian businesses offer our 100% accuracy guarantee. Assisted tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client for penalties and interest attributable to an H&R Block error on a return. Similarly, DIY tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client (up to a maximum of $10,000 in the U.S.) if our software makes an arithmetic error that results in payment of penalties and/or interest to the respective taxing authority that a client would otherwise not have been required to pay. Our liability related to estimated losses under the 100% accuracy guarantee was $12.4 million and $11.4 million as of March 31, 2026 and June 30, 2025, respectively. The short-term and long-term portions of this liability are included in deferred revenue and other liabilities in the consolidated balance sheets. Liabilities related to acquisitions for (1) estimated contingent consideration based on expected financial performance of the acquired business and economic conditions at the time of acquisition and (2) estimated accrued compensation related to continued employment of key employees were $28.0 million and $29.6 million as of March 31, 2026 and June 30, 2025 respectively, with amounts recorded in deferred revenue and other liabilities. Should actual results differ from our estimates, future payments made will differ from the above estimate and any differences will be recorded in results from continuing operations. We have contractual commitments to fund certain franchises with approved short-term lines of credit for the purpose of meeting their seasonal working capital needs. Our total obligation under these lines of credit was $22.6 million at March 31, 2026, and net of amounts drawn and outstanding, our remaining commitment to fund totaled $11.2 million. Emerald Advance® term loans are originated by Pathward® N.A. (Pathward). We purchase participation interests, at par, in all EAs originated by Pathward in accordance with our participation agreement. Our participation interest varies by jurisdiction. For the nine months ended March 31, 2026, the principal balance of purchased participation interests for the current year totaled $283.7 million, which represents 87% of total EA volume originated by Pathward.
|
Segment Reporting |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting Disclosure | NOTE 10: SEGMENT INFORMATION We provide assisted and DIY tax preparation solutions through multiple channels (including in-person, online and mobile applications, virtual, and desktop software) and distribute H&R Block-branded services and products, including those of our bank partners, to the general public primarily in the U.S., Canada and Australia. Tax returns are prepared by H&R Block tax professionals in one of our company-owned or franchise offices, virtually or via an online review, or they are prepared and filed by our clients through our DIY tax solutions. We also offer small business solutions through our company-owned and franchise offices (including in-person, online and virtual) and online through Wave. We report a single segment that includes all of our continuing operations. The majority of our revenues are from our U.S. tax services business. The Company's Chief Operating Decision Maker (CODM) is our chief executive officer, who regularly reviews consolidated financial information to evaluate financial performance and allocate resources. Specifically, the CODM uses revenues, operating expenses, net income and EBITDA at a consolidated level, as key financial metrics in deciding how to reinvest to grow the business. These financial metrics are used by the CODM to make operating decisions and identify growth opportunities. The measure of segment assets is total consolidated assets as presented on the consolidated balance sheet. The following table presents the significant revenue and expense categories included in the segment's net income from continuing operations as regularly provided to the CODM on a consolidated basis and then reconciled to net income for the three and nine months ended March 31, 2026 and 2025.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Insider Trading Arrangements |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Trading Arrangements, by Individual | |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy) |
9 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Accounting Policies [Abstract] | |
| Basis of Presentation | The consolidated balance sheets as of March 31, 2026 and June 30, 2025, the consolidated statements of operations and comprehensive income for the three and nine months ended March 31, 2026 and 2025, the consolidated statements of cash flows for the nine months ended March 31, 2026 and 2025, and the consolidated statements of stockholders' equity for the three and nine months ended March 31, 2026 and 2025 have been prepared by the Company, without audit. In the opinion of management, all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position, results of operations, and cash flows as of March 31, 2026 and 2025 and for all periods presented, have been made. "H&R Block," "the Company," "we," "our," and "us" are used interchangeably to refer to H&R Block, Inc., to H&R Block, Inc. and its subsidiaries, or to H&R Block, Inc.'s operating subsidiaries, as appropriate to the context. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted. These consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our June 30, 2025 Annual Report on Form 10-K. All amounts presented herein as of June 30, 2025 or for the year then ended are derived from our Annual Report on Form 10-K.
|
| Management Estimates | The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions and judgments are applied in the evaluation of contingent losses associated with pending claims and litigation, reserves for uncertain tax positions, and fair value of reporting units. Estimates have been prepared based on the best information available as of each balance sheet date. As such, actual results could differ materially from those estimates. |
| Discontinued Operations | Our discontinued operations include the results of operations of Sand Canyon Corporation, previously known as Option One Mortgage Corporation, which exited its mortgage business in fiscal year 2008. |
REVENUE RECOGNITION (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from Contract with Customer [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Disaggregation of Revenue by Major Service Line | The majority of our revenues are from our United States (U.S.) tax services business. The following table disaggregates our U.S. revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Deferred Revenue Related To The Peace of Mind Program | Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Computations of Basic And Diluted Earnings Per Share | The computations of basic and diluted earnings per share from continuing operations are as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RECEIVABLES (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Short-Term Receivables | Receivables, net of their related allowance, consist of the following:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 March 31, 2026 are as follows:
Balances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by fiscal year of origination, as of March 31, 2026 are as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 nine months ended March 31, 2026 and 2025 is as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GOODWILL AND INTANGIBLE ASSETS (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Goodwill | Changes in the carrying amount of goodwill for the nine months ended March 31, 2026 are as follows:
(1) All goodwill added during the period is expected to be tax-deductible for federal income tax reporting.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Intangible Assets | Components of intangible assets are as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The amounts and weighted-average lives of intangible assets acquired during the nine months ended March 31, 2026, including amounts capitalized related to internally-developed software, are as follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LONG-TERM DEBT LONG-TERM DEBT (Tables) |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Long-Term Debt | The components of long-term debt are as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Taxes (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Unrecognized Tax Benefits Roll Forward |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Segment Reporting (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Segment Reporting Information, by Segment | The following table presents the significant revenue and expense categories included in the segment's net income from continuing operations as regularly provided to the CODM on a consolidated basis and then reconciled to net income for the three and nine months ended March 31, 2026 and 2025.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
REVENUE RECOGNITION (Disaggregation of Revenue by Major Service Line) (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | $ 2,398,107 | $ 2,277,104 | $ 2,800,523 | $ 2,649,984 |
| Assisted tax preparation | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 1,742,135 | 1,635,877 | 1,846,698 | 1,727,220 |
| Royalties | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 128,182 | 133,961 | 139,139 | 143,312 |
| DIY tax preparation | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 215,245 | 214,666 | 235,797 | 231,646 |
| International | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 70,119 | 60,438 | 170,498 | 157,104 |
| Refund Transfers | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 119,935 | 113,732 | 121,416 | 115,229 |
| Emerald Card® and SpruceSM | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 39,590 | 40,195 | 56,566 | 59,169 |
| Peace of Mind® Extended Service Plan | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 14,347 | 15,625 | 54,087 | 54,867 |
| Tax Identity Shield® | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 8,485 | 7,025 | 16,851 | 14,947 |
| Interest and fee income on Emerald Advance® | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 15,198 | 14,286 | 28,644 | 26,594 |
| Wave | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | 29,871 | 26,717 | 89,506 | 79,681 |
| Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total revenues | $ 15,000 | $ 14,582 | $ 41,321 | $ 40,215 |
REVENUE RECOGNITION (Deferred Revenue) (Details) - POM - USD ($) $ in Thousands |
9 Months Ended | |
|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Movement in Deferred Revenue [Roll Forward] | ||
| Contract with Customer, Liability | $ 171,000 | |
| Deferred Revenue | ||
| Movement in Deferred Revenue [Roll Forward] | ||
| Contract with Customer, Liability | 149,302 | $ 156,610 |
| Amounts deferred | 83,409 | 70,536 |
| Amounts recognized on previous deferrals | (61,743) | (64,885) |
| Contract with Customer, Liability | 170,968 | 162,261 |
| Deferred Wages | ||
| Movement in Deferred Revenue [Roll Forward] | ||
| Contract with Customer, Liability | 19,884 | 20,212 |
| Amounts deferred | 9,355 | 7,222 |
| Amounts recognized on previous deferrals | (7,925) | (8,396) |
| Contract with Customer, Liability | $ 21,314 | $ 19,038 |
REVENUE RECOGNITION (Narrative) (Details) - USD ($) $ in Millions |
Mar. 31, 2026 |
Jun. 30, 2025 |
Mar. 31, 2025 |
Jun. 30, 2024 |
|---|---|---|---|---|
| POM | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Deferred revenue | $ 171.0 | |||
| Current deferred revenue | 91.9 | |||
| TIS | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Current deferred revenue | $ 37.6 | $ 22.6 | $ 31.2 | $ 21.4 |
REVENUE RECOGNITION (Remaining Performance Obligation) (Details) |
Mar. 31, 2026 |
|---|---|
| POM | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-11-01 | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |
| Remaining performance obligation, expected timing of satisfaction, period | 12 months |
| POM | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-12-01 | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |
| Remaining performance obligation, expected timing of satisfaction, period | 5 years |
| TIS | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Year | 2027 |
EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Narrative) (Details) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Earnings Per Share [Abstract] | ||||
| Basic weighted average common shares (in shares) | 126,760,000 | 133,853,000 | 128,248,000 | 136,207,000 |
| Nonvested units granted (in shares) | 1,000,000.0 | 1,100,000 | ||
| Stock-based compensation | $ 8,400,000 | $ 7,500,000 | $ 22,200,000 | $ 25,400,000 |
| Unrecognized compensation costs, nonvested shares and units | $ 55,300,000 | $ 55,300,000 | ||
| Share-Based Compensation Arrangement by Share-Based Payment Award, Description | million | |||
EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Computations of Basic and Diluted Earnings Per Share) (Details) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Earnings Per Share [Abstract] | ||||
| Net income from continuing operations attributable to shareholders | $ 848,780 | $ 722,928 | $ 441,846 | $ 309,041 |
| Amounts allocated to participating securities | (4,250) | (3,442) | (2,193) | (1,408) |
| Net income from continuing operations attributable to common shareholders | $ 844,530 | $ 719,486 | $ 439,653 | $ 307,633 |
| Basic weighted average common shares (in shares) | 126,760 | 133,853 | 128,248 | 136,207 |
| Potential dilutive shares (in shares) | 1,053 | 1,476 | 1,241 | 1,737 |
| Dilutive weighted average common shares (in shares) | 127,813 | 135,329 | 129,489 | 137,944 |
RECEIVABLES (Schedule of Short-Term Receivables) (Details) - USD ($) $ in Thousands |
Mar. 31, 2026 |
Jun. 30, 2025 |
|---|---|---|
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | $ 297,636 | $ 63,621 |
| Long-term | 48,204 | 47,016 |
| Loans to franchisees | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 16,438 | 7,386 |
| Long-term | 11,349 | 16,402 |
| Receivables for U.S. assisted and DIY tax preparation and related fees | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 179,870 | 15,896 |
| Long-term | 11,250 | 6,361 |
| H&R Block's Instant Refund® receivables | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 17,294 | 2,243 |
| Long-term | 789 | 939 |
| Emerald Advance® | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 20,101 | 13,899 |
| Long-term | 24,219 | 22,816 |
| Software receivables from retailers | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 7,313 | 2,582 |
| Long-term | 0 | 0 |
| Royalties and other receivables from franchisees | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 33,671 | 4,414 |
| Long-term | 0 | 0 |
| Wave payment processing receivables | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 6,274 | 1,533 |
| Long-term | 0 | 0 |
| Other | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Short-term | 16,675 | 15,668 |
| Long-term | $ 597 | $ 498 |
RECEIVABLES (Narrative) (Details) - USD ($) |
9 Months Ended | |
|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $ (64,466,000) | $ (79,400,000) |
| H&R Block's Instant Refund® receivables | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Impaired, non-accrual status term | 60 days | |
| Financing receivable | $ 18,645,000 | |
| Emerald Advance® | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Impaired, non-accrual status term | 60 days | |
| Financing receivable | $ 61,898,000 | |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $ (19,663,000) | $ (33,536,000) |
RECEIVABLES (Schedule of Receivables Based on Year of Origination) (Details) - USD ($) |
9 Months Ended | |
|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $ (64,466,000) | $ (79,400,000) |
| H&R Block's Instant Refund® receivables | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Balance | 18,645,000 | |
| Allowance | (562,000) | |
| Net balance | 18,083,000 | |
| Non-Accrual | 1,242,000 | |
| Emerald Advance® | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Balance | 61,898,000 | |
| Allowance | (17,578,000) | |
| Net balance | 44,320,000 | |
| Non-Accrual | 26,403,000 | |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | (19,663,000) | $ (33,536,000) |
| Current year of origination | H&R Block's Instant Refund® receivables | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Balance | 17,482,000 | |
| Non-Accrual | 79,000 | |
| Current year of origination | Emerald Advance® | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Balance | 35,495,000 | |
| Non-Accrual | 0 | |
| Prior year and before | H&R Block's Instant Refund® receivables | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Balance | 1,163,000 | |
| Non-Accrual | 1,163,000 | |
| Prior year and before | Emerald Advance® | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Balance | 26,403,000 | |
| Non-Accrual | $ 26,403,000 | |
RECEIVABLES (Schedule of Activity in the Allowance For Doubtful Accounts) (Details) - USD ($) |
9 Months Ended | |
|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Allowance for Doubtful Accounts [Roll Forward] | ||
| Beginning balance | $ 64,819,000 | $ 78,863,000 |
| Provision for credit losses | 57,523,000 | 56,042,000 |
| Charge-offs, recoveries and other | 64,466,000 | 79,400,000 |
| Ending balance | 57,876,000 | 55,505,000 |
| EAs | ||
| Allowance for Doubtful Accounts [Roll Forward] | ||
| Beginning balance | 19,663,000 | 33,536,000 |
| Provision for credit losses | 17,578,000 | 19,371,000 |
| Charge-offs, recoveries and other | 19,663,000 | 33,536,000 |
| Ending balance | 17,578,000 | 19,371,000 |
| All Other | ||
| Allowance for Doubtful Accounts [Roll Forward] | ||
| Beginning balance | 45,156,000 | 45,327,000 |
| Provision for credit losses | 39,945,000 | 36,671,000 |
| Charge-offs, recoveries and other | 44,803,000 | 45,864,000 |
| Ending balance | $ 40,298,000 | $ 36,134,000 |
GOODWILL AND INTANGIBLE ASSETS (Schedule of Goodwill) (Details) $ in Thousands |
9 Months Ended |
|---|---|
|
Mar. 31, 2026
USD ($)
| |
| Goodwill [Roll Forward] | |
| Goodwill before impairment losses, beginning balance | $ 940,350 |
| Accumulated impairment losses, beginning balance | (138,297) |
| Goodwill, beginning balance | 802,053 |
| Acquisitions(1) | 19,055 |
| Disposals and foreign currency changes, net | (5,488) |
| Impairments | 0 |
| Goodwill before impairment losses, ending balance | 953,917 |
| Accumulated impairment losses, ending balance | (138,297) |
| Goodwill, ending balance | $ 815,620 |
GOODWILL AND INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) - USD ($) $ in Thousands |
Mar. 31, 2026 |
Jun. 30, 2025 |
|---|---|---|
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | $ 1,037,743 | $ 986,736 |
| Accumulated Amortization | (761,777) | (727,324) |
| Net | 275,966 | 259,412 |
| Reacquired franchise rights | ||
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 431,555 | 415,700 |
| Accumulated Amortization | (254,474) | (243,330) |
| Net | 177,081 | 172,370 |
| Customer relationships | ||
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 386,141 | 354,107 |
| Accumulated Amortization | (305,246) | (287,067) |
| Net | 80,895 | 67,040 |
| Internally-developed software | ||
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 121,671 | 119,959 |
| Accumulated Amortization | (117,831) | (117,604) |
| Net | 3,840 | 2,355 |
| Noncompete agreements | ||
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 24,476 | 23,070 |
| Accumulated Amortization | (20,923) | (20,188) |
| Net | 3,553 | 2,882 |
| Purchased technology | ||
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 68,100 | 68,100 |
| Accumulated Amortization | (59,388) | (55,655) |
| Net | 8,712 | 12,445 |
| Trade name | ||
| Goodwill and Intangible Assets [Line Items] | ||
| Gross Carrying Amount | 5,800 | 5,800 |
| Accumulated Amortization | (3,915) | (3,480) |
| Net | $ 1,885 | $ 2,320 |
GOODWILL AND INTANGIBLE ASSETS (Intangible Assets Acquired) (Details) $ in Thousands |
9 Months Ended |
|---|---|
|
Mar. 31, 2026
USD ($)
| |
| Business Combination [Line Items] | |
| Amount | $ 51,347 |
| Weighted-Average Life (in years) | 5 years |
| Customer Relationships | |
| Business Combination [Line Items] | |
| Amount | $ 32,165 |
| Weighted-Average Life (in years) | 5 years |
| Reacquired Franchise Rights | |
| Business Combination [Line Items] | |
| Amount | $ 15,975 |
| Weighted-Average Life (in years) | 6 years |
| Noncompete Agreements | |
| Business Combination [Line Items] | |
| Amount | $ 1,437 |
| Weighted-Average Life (in years) | 5 years |
| Capitalized software | |
| Business Combination [Line Items] | |
| Amount | $ 1,770 |
| Weighted-Average Life (in years) | 3 years |
GOODWILL AND INTANGIBLE ASSETS (Narrative) (Details) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Business Combination [Line Items] | ||||
| Payments made for business acquisitions, net of cash acquired | $ 55,047,000 | $ 35,323,000 | ||
| Amortization | $ 12,300,000 | $ 11,300,000 | 34,700,000 | 36,300,000 |
| Estimated amortization, 2022 | 47,200,000 | 47,200,000 | ||
| Estimated amortization, 2023 | 44,900,000 | 44,900,000 | ||
| Estimated amortization, 2024 | 36,500,000 | 36,500,000 | ||
| Estimated amortization, 2025 | 27,600,000 | 27,600,000 | ||
| Estimated amortization, 2026 | $ 17,600,000 | 17,600,000 | ||
| Franchisee and competitor businesses | ||||
| Business Combination [Line Items] | ||||
| Payments made for business acquisitions, net of cash acquired | $ 55,000,000.0 | $ 35,300,000 | ||
LONG-TERM DEBT (Components of Long-Term Debt) (Details) - USD ($) $ in Thousands |
Mar. 31, 2026 |
Jun. 30, 2025 |
|---|---|---|
| Debt Instrument [Line Items] | ||
| Debt issuance costs and discounts | $ (9,067) | $ (6,802) |
| Long-Term Debt | (1,490,933) | (1,493,198) |
| Long-term Debt, Current Maturities | (349,893) | |
| Long-Term Debt and Lease Obligation | 1,490,933 | 1,143,305 |
| Estimated fair value of long-term debt | $ 1,422,000 | 1,437,000 |
| Senior Notes | Senior Notes, 5.250%, due October 2025 | ||
| Debt Instrument [Line Items] | ||
| Interest rate | 5.25% | |
| Senior notes | $ 0 | 350,000 |
| Senior Notes | Senior Notes, 2.500%, due July 2028 | ||
| Debt Instrument [Line Items] | ||
| Interest rate | 2.50% | |
| Senior notes | $ 500,000 | 500,000 |
| Senior Notes | Senior Notes, 3.875%, due August 2030 | ||
| Debt Instrument [Line Items] | ||
| Interest rate | 3.875% | |
| Senior notes | $ 650,000 | $ 650,000 |
LONG-TERM DEBT (Narrative) (Details) |
9 Months Ended |
|---|---|
|
Mar. 31, 2026
USD ($)
| |
| Line of Credit Facility [Line Items] | |
| Proceeds from Issuance of Long-Term Debt | $ 350 |
| Repayments of Long-Term Debt | $ 350 |
| Revolving credit facility | |
| Line of Credit Facility [Line Items] | |
| Maximum annual debt-to-EBITDA ratio | 4.50 |
| Maximum quarterly debt-to-EBITDA ratio | 3.50 |
| Minimum interest coverage ratio | 2.50 |
| Aggregate principal amount | $ 1,500,000,000 |
| Line Of Credit Facility, Available Increase In Borrowing Capacity | 500,000,000.0 |
| Swingline Loans | |
| Line of Credit Facility [Line Items] | |
| Maximum borrowing capacity | 175,000,000.0 |
| Standby Letters of Credit | |
| Line of Credit Facility [Line Items] | |
| Maximum borrowing capacity | $ 50,000,000.0 |
INCOME TAXES (Narrative) (Details) |
9 Months Ended | |
|---|---|---|
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Income Tax Disclosure [Abstract] | ||
| Effective tax rate | 810.00% | 2530.00% |
| Effective Income Tax Rate Reconciliation, Reconciling Item, Description | 16.1% | 0.9% |
LITIGATION AND OTHER RELATED CONTINGENCIES (Details) - USD ($) |
Mar. 31, 2026 |
Jun. 30, 2025 |
|---|---|---|
| Loss Contingencies [Line Items] | ||
| Loss contingency accrual | $ 13.3 | $ 6,200,000 |
Commitment and Contingencies (Details) - USD ($) |
9 Months Ended | |
|---|---|---|
Mar. 31, 2026 |
Jun. 30, 2025 |
|
| Other Commitments [Line Items] | ||
| POM maximum per tax return | $ 10,000 | |
| Standard guarantee accrual amount | 12,400,000 | $ 11,400,000 |
| Contingent business acquisition obligations | 28,000,000.0 | 29,600,000 |
| Lines of credit, total obligation | 22,600,000 | |
| Remaining franchise equity lines of credit-undrawn commitment | 11,200,000 | |
| Loss contingency accrual | 13.3 | $ 6,200,000 |
| Guarantor Obligations, Maximum Exposure, Undiscounted | 18 | |
| Guarantor Obligations, Current Carrying Value | $ 2.2 |
Segment Reporting (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Mar. 31, 2026 |
Dec. 31, 2025 |
Sep. 30, 2025 |
Mar. 31, 2025 |
Dec. 31, 2024 |
Sep. 30, 2024 |
Mar. 31, 2026 |
Mar. 31, 2025 |
|
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | $ 2,398,107 | $ 2,277,104 | $ 2,800,523 | $ 2,649,984 | ||||
| Field wages | 577,513 | 532,916 | 741,405 | 682,575 | ||||
| Other wages | 78,703 | 74,621 | 230,987 | 230,687 | ||||
| Benefits and other compensation | 118,151 | 111,575 | 194,802 | 188,731 | ||||
| Labor and Related Expense | 774,367 | 719,112 | 1,167,194 | 1,101,993 | ||||
| Occupancy | 127,312 | 119,709 | 339,700 | 326,026 | ||||
| Marketing and advertising | 185,388 | 196,667 | 208,725 | 221,502 | ||||
| Depreciation and amortization | 31,519 | 29,221 | 90,442 | 87,247 | ||||
| Bad debt | 39,806 | 40,479 | 63,827 | 62,625 | ||||
| Other | 202,891 | 193,603 | 399,721 | 393,900 | ||||
| Total operating expenses | 1,361,283 | 1,298,791 | 2,269,609 | 2,193,293 | ||||
| Other income (expense), net | 3,941 | 4,554 | 15,077 | 19,215 | ||||
| Interest expense on borrowings | (24,307) | (24,686) | (65,087) | (62,285) | ||||
| Income from continuing operations before income taxes | 1,016,458 | 958,181 | 480,904 | 413,621 | ||||
| Income taxes | 167,678 | 235,253 | 39,058 | 104,580 | ||||
| Net income from continuing operations attributable to shareholders | 848,780 | 722,928 | 441,846 | 309,041 | ||||
| Net loss from discontinued operations, net of tax benefits of $263, $180, $576, and $811 | (879) | (598) | (1,930) | (2,707) | ||||
| Net income | 847,901 | $ (242,166) | $ (165,819) | 722,330 | $ (243,420) | $ (172,576) | 439,916 | 306,334 |
| Assisted tax preparation | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 1,742,135 | 1,635,877 | 1,846,698 | 1,727,220 | ||||
| Royalties | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 128,182 | 133,961 | 139,139 | 143,312 | ||||
| DIY tax preparation | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 215,245 | 214,666 | 235,797 | 231,646 | ||||
| Refund Transfers | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 119,935 | 113,732 | 121,416 | 115,229 | ||||
| Peace of Mind® Extended Service Plan | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 14,347 | 15,625 | 54,087 | 54,867 | ||||
| Tax Identity Shield® | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 8,485 | 7,025 | 16,851 | 14,947 | ||||
| Emerald Card® and SpruceSM | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 39,590 | 40,195 | 56,566 | 59,169 | ||||
| Interest and fee income on Emerald Advance® | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 15,198 | 14,286 | 28,644 | 26,594 | ||||
| International | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 70,119 | 60,438 | 170,498 | 157,104 | ||||
| Wave | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | 29,871 | 26,717 | 89,506 | 79,681 | ||||
| Other | ||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Total revenues | $ 15,000 | $ 14,582 | $ 41,321 | $ 40,215 | ||||
7[Y_;5C2B^Z"R\C?,G8CTNI!ER64& L[P1^@@NMSN8M"+:Z)(K>[7;((U7\KM2Y!M8F[;SU=RL?>RKND'
M='$96$PM[V+^$S,A,2WB(Y .E4%V[:K'LTLLESCV>P3S9?LG:4NK;E[+[
M^3[ZV-TZ6[@)W(2AFU"Q\48B82$P<68Q.EO^\FF9,.T'E*?I19\6-U\PDKX9
M4J:/2[]>\)1N=TQ+)VRU"'4O'KS@N [FN(^;G]LJODK+_$KJR)F?;[N5UI%D
MX]T[[0C$'UKE8HTH58G@; ?QE[\[T]FG6^'+)'3_% 5L#W8*]:8ZM2I(F*ZYI6.;_D+SNQ47CZ 7J
M#ZA]'R'GS[8SP@MQYDR^.\\Q89)U$8-%P+H&WD-Y&K-W,)]O[78Z4]CL2%&
MG9HP;7)UAFF'(C(*S\*I>PK".")>W-]V$\EL=>^HM Y' NG\FA[)<-Y(?^9U
M@&UW+-7.JP,,M:,8>BX=L/US35,*T2:RT9',?(JIHDF9Q^BXK;[',2*V$.4B
M:WO6>;H:7G\=G/?N+LZ%+[VOO:O^A3#\Y>+B;KC/]O(^KY_IV]E'+V%F3&/J
M>]X$5>:II:D?\\"9>S[VQD3!#]+8#GY0+*:_HB<7S9)%R(>8H#&I?Y;^[01>
M^LL,1>DOZU].L>I,WB33'IIOS"Y0]POR]6(LRX])*SX F+4)'-II*(D:I8@&) <0F1THI0K&'M+8F2O5G9^V1@W/0F]#TW
MC9@3)(8C(5D4%$[[NL>%DEGO6/H><_HT"]/YG$5HXB3^(_I$CG6WU8Y,+G^[
MK$KH0]\ M\%7L3-7
M4@J6J<8#TLZMZ^ZS[8RYR7S%T/(!:X\BK-R-)UD8G]$E0ZM!?&8_7#E1)^FS
M(NY].WW5BK@/'P,Z-'&W&QU3:4NZM?>@*D%IE9 L9TII!P\@'9C0#+G1T;6V
MU#*RQJ.0HH*VA10]9/3IT,2M8%C)E%I:EKBK1FGYO3.QX4B!YIG;>)6.\/O-
M4!([.\N=G?$ /]YG)M.L).UC$L/[]E,..1"+NEE^CZZDRV_D=C;I4?]NR*JA
M@[MY$YG=)(C:Z"AJ2S);-7:R5$ )K#LF%U2%5F#R!I_"83%9 TS6-,G*,70$
M6M6:09X2JW3DCY:DZG4 [O7ASLGU_$G[\=
M'%^ M^E]2W4OE>H0 ,17T2_\$&6Y]D7ND$ 3Z_'L(CY:!.$A=F-G9R,$G.GFG-F
M'2I,_IME"M)W2@V9)
M/_"$FFL^MZRHQM8<=_G"H8:)%6L^]GR7Q"M;UX7Z@HL0FUE5&_)\"-^>@6I<
M7S$Z_@:.W; *JT8$IL^+@R%^^:P2%+GKYXG@@"Z@1:4=N((>76*Q2VA18=K7
MT,+OP&^>+NI/_RHI0KQA%]U7]#?=@2?ABKHM:YI7T-*W6M8BWIDGKL@[$\5/@O$NLO6W4"\_Y:7]\BW^05^BO[1!
M=F% *0H#Q=!BKXW>FLR>;3*%%U=S,'K'7"9;U9E&OC_*"C/0X )6/$%(8P/S
M.#6U\1O2PU]9V?_86B?/FCR3AY-]#8$P68"^$SL^0H]^3!49[:")^_
M[P)Q%*KY \5\J80A($3Q<;7*5(O4F565S9KZ
M[#M;$+]FV=FJ"<]VJVN(LGUT0SV(;L,H&,7$J"*CV[+-IJFUJIP\CVG#+/R_
MA2P\MFIR03%"OLK'5MA58DL=V0)TF29AVTQ11-V0CC^14G\=XY,$8I7-*$I$
MHDS"V9)HV1PBL7X%!J-@%"^C"HIL\5#,^')PU;OJ%U',>)_0P![7EU#,F)69
MU0]L& 6C>!EU&OE
(5K:2*C8!6FNHA
M(9UA*PS27^ZZMP_D\8Y\ON_>7OWSYN'Z^J%<]K;EE;/T.N7#85^=#X.3G/=S
M4MH,^ FO[<4HC[CF!"$R H:S8S9E=V(/*% #6+@^[($-W751CZT%)"VGP;BP[D6CCMK3DGED28^)#)HD[^\L$U98I03][GA4EJ"W
M6-<,9:]"4X%4Y\&;=I'S&,Z2+"M;:%I)R_[T)0SU*YJHA^HCNGHET*B@YG/J@3NFHC0ZAB&U
Y*A6@PQU( <,.(>\J-KAZ>?+TY]R%V"0IE/4GWR. ];+%/([(U-$
M,S!8:?Z+.2^( 5L(7,XRG164_C A%,X-3&H2GA/P5W ;#( $ 2_ G&'Z%?
M,1T!^DAG'D"<>HR4XS8/CN+WX?4)F^,/UFVO,3))B=+H"J]"4^FT!^=7E 5^
MB#Y5P$K%!B7LCD73(GM]?JCQ<6Y9A.,"V0?3!*E2PE.
P*4'$[Q 2P0S;<*ON;?\CID_"MY.9 XX6.Q.S^<8@';HJ+0A!<@
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M'H205V:E>1P")0.LM@H;F,T*%B\AG<.S#^@U]&RXPIW
M"+M=YB=\LJRY*.E-L\7H>'S<3OT$= =C93U64D%(O9S,H#RG"9)]'*-,E6:"
MQ.Z'?C!.<[;M 1GR8P0.H\D4?NW#&J<3OC:N$.^ H?AW5VX//CI;=(E[RA*R
M6"CEAUM<,-ORBB-VCZR,R\DM5)B%SSF59:,8E4NQZ(6JS55#\=9YITR>F 8Z
M)\E/Y-"_[S1S?N"@(DARX06"/L.IR"SIE.L\3I<@_98SUQ0X)$$' 7
:"$ 69H: 2-92%%*18V:.''%ZE+Z1:IKMX;D&8S
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M-ZJJ5"[+DK5)*RC5LG2-*BIJX>U;+
(\$("D[O<#W[P\@L'VL9')6K1KG'5ENS(0J4QPY([2BT
M4#G$4V^.6J 7W>3YP:J,2Y]Q:3B,RW_I(_;C!/85\5MV>57 '!?W5A6/0YC>*F/W
MB5H(,C_#+3*36:Z^4)=IM-1W=T=J,NOS
*
M)M[T[X!@5U%$9$5>XB"I11U$$:&/?4.A=^"AHWN2P4+>NQ=F5L+[RSOQ4,Y>
MBO%0C90 ,(UB)41JX[8=IJ7")OM5%@N+=!AOASVZ?Y2=K8C3JF$0"WZ1=1H=
MWR2Q+7&3'1:K'.U8@15I?F3H]"?7#P,=&[IO078L*2YFUJ*'R_/+ZU_6GVXN
M'Z'#&64@%=OF9@<*IJV
GYY,$5V01Y'A8U'9,@NG8RDQ;3';S?F:K5D6UE#3KX;+)6,/Y?L\_
M\EAL,]8L/=(#(_)PZ(-BFP(T9]_L.0=HQP+:\P#=_,?Q$W4*E*("=1;Z 9G)
MO0?(J\S#&*>XL.R"T5EK@Z72S)B&.W0 []*@ T