10-Q – 2026-05-06 – R28.htm

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v3.26.1

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.

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 $ 1,742,135   $ 1,635,877  $ 1,846,698   $ 1,727,220 
Royalties 128,182   133,961  139,139   143,312 
DIY tax preparation 215,245   214,666  235,797   231,646 
Refund Transfers 119,935   113,732  121,416   115,229 
Peace of Mind® Extended Service Plan 14,347   15,625  54,087   54,867 
Tax Identity Shield® 8,485   7,025  16,851   14,947 

Emerald Card® and Spruce SM
39,590   40,195  56,566   59,169 
Interest and fee income on Emerald Advance® 15,198   14,286  28,644   26,594 

International 70,119   60,438  170,498   157,104 
Wave 29,871   26,717  89,506   79,681 
Other 15,000   14,582  41,321   40,215 
Total revenues $ 2,398,107   $ 2,277,104  $ 2,800,523   $ 2,649,984 
Compensation and benefits:
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 
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 
Segment net income from continuing operations 848,780   722,928  441,846   309,041 

Reconciliation of segment profit:
Reconciling items:
Net loss from discontinued operations (879) (598) (1,930) (2,707)
Net income $ 847,901   $ 722,330  $ 439,916   $ 306,334 

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References No definition available.

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