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Dec 31, 2024

H&R Block Q2 2025 Earnings Report

H&R Block's financial performance remained relatively stable with revenue flat compared to the prior year, while strategic share repurchases reflected confidence in long-term value.

Key Takeaways

H&R Block reported flat revenue year-over-year at $179.1 million for Q2 2025. The company's pretax loss increased by $29.4 million to $312.3 million, and the adjusted loss per share increased to $(1.73) from $(1.27). They reaffirmed their fiscal year 2025 outlook and repurchased 3.2 million shares for $190 million.

Revenue remained flat at $179.1 million compared to the prior year.

Pretax loss increased by $29.4 million to $312.3 million.

Adjusted loss per share increased to $(1.73) from $(1.27).

Repurchased 3.2 million shares for $190 million.

Total Revenue
$179M
Previous year: $179M
+-0.0%
EPS
-$1.73
Previous year: -$1.27
+36.2%
Gross Profit
$150M
Previous year: -$121M
-224.1%
Cash and Equivalents
$342M
Previous year: $338M
+1.0%
Free Cash Flow
-$597M
Previous year: -$627M
-4.7%
Total Assets
$2.71B
Previous year: $2.78B
-2.3%

H&R Block

H&R Block

H&R Block Revenue by Segment

Forward Guidance

The Company continues to expect: •Revenue to be in the range of $3.69 to $3.75 billion. •EBITDA4 to be in the range of $975 million to $1.02 billion. •Effective tax rate to be approximately 13%, resulting in a one-time benefit to EPS of approximately 50 cents. •Adjusted Diluted Earnings Per Share4 to be in the range of $5.15 to $5.35.

Positive Outlook

  • Revenue to be in the range of $3.69 to $3.75 billion.
  • EBITDA to be in the range of $975 million to $1.02 billion.
  • Effective tax rate to be approximately 13%, resulting in a one-time benefit to EPS of approximately 50 cents.
  • Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.

Revenue & Expenses

Visualization of income flow from segment revenue to net income