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How H&R Block (HRB) makes money
H&R Block (HRB) made $1.1B of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Service revenues brought in $1.1B (94%); Royalty, product and other revenues brought in $67.0M (6%). Of every dollar of revenue, 33¢ was left as operating profit, 26¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q4 FY26
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Service revenues | $1.1B | 94.1% | — | — |
| Royalty, product and other revenues | $67.0M | 5.9% | — | — |
Where each dollar of revenue goes
| Line | Q4 FY26 | % of revenue |
|---|---|---|
| Revenue | $1.1B | 100.0% |
| Operating profit | $377M | 32.9% |
| Income tax | $78.5M | 6.9% |
| Net earnings | $294M | 25.7% |
| Operating cash flow | $252M | 22.0% |
| Free cash flow | $237M | 20.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY26 | $1.1B | +3% |
| Q3 FY26 | $2.4B | +5% |
| Q2 FY26 | $199M | +11% |
| Q1 FY26 | $204M | +5% |
| Q4 FY25 | $1.1B | +5% |
| Q3 FY25 | $2.3B | +4% |
| Q2 FY25 | $179M | 0% |
From H&R Block's 10-K filed Aug 14, 2026 (on EDGAR).
Questions
How does H&R Block make money?
H&R Block (HRB) made $1.1B of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Service revenues brought in $1.1B (94%); Royalty, product and other revenues brought in $67.0M (6%). Of every dollar of revenue, 33¢ was left as operating profit, 26¢ was left as net earnings.
What is H&R Block's biggest business?
Service revenues: $1.1B in the fourth quarter fiscal 2026, 94% of revenue.
What is H&R Block's profit margin?
Net earnings were $294M, 25.7% of revenue, in the fourth quarter fiscal 2026; the operating margin was 32.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.