SEC EDGAR · 10-Q

10-Q – 2026-05-06 – R24.htm

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v3.26.1

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:

(in 000s)
As of March 31, 2026 June 30, 2025
Short-term Long-term Short-term Long-term
Loans to franchisees $ 16,438   $ 11,349   $ 7,386  $ 16,402 
Receivables for U.S. assisted and DIY tax preparation and related fees 179,870   11,250   15,896  6,361 
H&R Block's Instant Refund® receivables
17,294   789   2,243  939 
Emerald Advance® 20,101   24,219   13,899  22,816 
Software receivables from retailers 7,313   —   2,582  — 
Royalties and other receivables from franchisees 33,671   —   4,414  — 
Wave payment processing receivables 6,274   —   1,533  — 
Other 16,675   597   15,668  498 
Total $ 297,636   $ 48,204   $ 63,621  $ 47,016 

Schedule of Receivables Based On Year of Origination
alances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by tax return year of origination, as of March 31, 2026 are as foll ows:
(in 000s)

Tax return year of origination Balance More Than 60 Days Past Due
2025 $ 17,482   $ 79  
2024 and prior 1,163   1,163  

18,645   $ 1,242  
Allowance (562)
Net balance $ 18,083  

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:

(in 000s)
Fiscal year of origination Balance Non-Accrual
2026 $ 35,495   $ —  
2025 and prior 26,403   26,403  

61,898   $ 26,403  
Allowance (17,578)
Net balance $ 44,320  

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:
(in 000s)
EAs All Other Total
Balances as of July 1, 2025 $ 19,663   $ 45,156   $ 64,819  
Provision for credit losses 17,578   39,945   57,523  
Charge-offs, recoveries and other (19,663) (44,803) (64,466)
Balances as of March 31, 2026 $ 17,578   $ 40,298   $ 57,876  
Balances as of July 1, 2024 $ 33,536  $ 45,327  $ 78,863 
Provision for credit losses 19,371  36,671  56,042 
Charge-offs, recoveries and other (33,536) (45,864) (79,400)
Balances as of March 31, 2025 $ 19,371  $ 36,134  $ 55,505 

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