H&R Block lifted its full-year revenue and earnings guidance following stronger-than-expected third-quarter results and improved tax prep trends.
H&R Block reported third-quarter revenue of $2.4 billion, up 5.3% year-over-year, and adjusted EPS of $6.02, an 11.9% increase. The company raised its fiscal 2026 outlook, now expecting revenue between $3.91 billion and $3.92 billion and adjusted EPS of $5.10 to $5.20.
Assisted tax preparation volume rose 2.1%, while net average charge increased 3.9%, reflecting stronger execution and pricing power. Management highlighted stabilization in market share after prior declines, driven by higher client retention and adoption of AI tools like Sidekick and AI Tax Assist.
CEO Curtis Campbell stated the quarter exceeded expectations across key metrics, attributing gains to a strategy focused on expert-led, technology-enabled tax services. The company’s AI-driven initiatives are improving efficiency and engagement with higher-value clients.