Filing Flows › H&R Block (HRB) › Q4 FY26 › vs Q3 FY26
H&R Block (HRB) Q4 FY26 vs Q3 FY26 (quarter over quarter)
H&R Block's revenue fell $1.3B (-52%) from $2.4B in Q3 FY26 to $1.1B in Q4 FY26. Operating margin 32.9% against 43.2% (-10.3 pts).
H&R Block, Q4 FY26: revenue $1.1B (+3% year over year), operating margin 32.9%, net earnings $294M, operating cash flow $252M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Operating margin | 32.9% | 43.2% | -10.3 pts |
| Net margin | 25.7% | 35.4% | -9.7 pts |
| Free cash flow margin | 20.7% | 64.2% | -43.5 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $2.4B | −$1.3B | -52% |
| Operating profit | $377M | $1.0B | −$660M | -64% |
| Costs & expenses | $768M | $1.4B | −$593M | -44% |
| Pre-tax earnings | $373M | $1.0B | −$643M | -63% |
| Other expense, net | $3.8M | $20.4M | −$16.6M | -81% |
| Cost of revenue | $551M | $1.0B | −$481M | -47% |
| SG&A | $218M | $329M | −$112M | -34% |
| Net earnings | $294M | $848M | −$554M | -65% |
| Income tax | $78.5M | $168M | −$89.2M | -53% |
| Depreciation & amortization | $32.0M | $31.5M | $479K | +2% |
| Share-based compensation | $8.3M | $8.4M | −$77K | -0.9% |
| Working capital & other | $82.0M | −$670M | $752M | — |
| Operating cash flow | $252M | $1.6B | −$1.3B | -84% |
| Free cash flow (OCF − capex) | $237M | $1.5B | −$1.3B | -85% |
| Capital expenditures | $15.5M | $18.4M | −$2.9M | -16% |
Questions
How much did H&R Block's revenue grow quarter over quarter in Q4 FY26?
H&R Block's revenue fell $1.3B (-52%) from $2.4B in Q3 FY26 to $1.1B in Q4 FY26. Operating margin 32.9% against 43.2% (-10.3 pts).