Compared to Estimates, H&R Block (HRB) Q2 Earnings: A Look at Key Metrics

For the quarter ended December 2025, H&R Block (HRB) reported revenue of $198.87 million, up 11.1% over the same period last year. EPS came in at -$1.84, compared to -$1.73 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $186.26 million, representing a surprise of +6.77%. The company delivered an EPS surprise of +5.96%, with the consensus EPS estimate being -$1.96.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how H&R Block performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- U.S. assisted tax preparation: $55.92 million versus the two-analyst average estimate of $50.02 million. The reported number represents a year-over-year change of +15.6%.
• Revenues- U.S. royalties: $5.11 million compared to the $3.29 million average estimate based on two analysts. The reported number represents a change of +46% year over year.
• Revenues- U.S. DIY tax preparation: $16.81 million versus the two-analyst average estimate of $14.34 million. The reported number represents a year-over-year change of +22.3%.
• Revenues- International: $34.72 million compared to the $33.35 million average estimate based on two analysts. The reported number represents a change of +9.1% year over year.
• Revenues- Refund Transfers: $0.64 million compared to the $0.59 million average estimate based on two analysts. The reported number represents a change of +0.2% year over year.
• Revenues- Tax Identity Shield: $4.24 million compared to the $4.14 million average estimate based on two analysts. The reported number represents a change of +5.8% year over year.
• Revenues- Peace of Mind Extended Service Plan: $16.23 million versus the two-analyst average estimate of $15.88 million. The reported number represents a year-over-year change of +0.5%.
• Revenues- Interest and fee income on Emerald Advance: $13.45 million versus $12.28 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.3% change.
• Revenues- Other: $12.85 million versus $12.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.6% change.
• Revenues- Wave: $29.79 million versus $29.8 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
• Revenues- Emerald Card and Spruce: $9.12 million compared to the $10.16 million average estimate based on two analysts. The reported number represents a change of -10.1% year over year.

View all Key Company Metrics for H&R Block here>>>

Shares of H&R Block have returned -11.4% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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