H&R Block Reports Fiscal Q2 Loss

Tax prep company sees $242.2 million deficit in second quarter

Feb. 3, 2026 at 7:15pm

Got story updates? Submit your updates here. ›

H&R Block Inc. reported a loss of $242.2 million in its fiscal second quarter, the company announced on Tuesday. The tax preparation firm is based in Kansas City, Missouri.

Why it matters

H&R Block's quarterly earnings are closely watched as an indicator of the overall tax preparation industry and consumer financial health. The company's second-quarter results provide insight into the start of the tax season and consumer spending habits.

The details

H&R Block reported the $242.2 million loss in its fiscal second quarter, which covers the period from October to December. This is a common time for the company to see losses as it is outside the peak tax filing season.

  • H&R Block reported its fiscal Q2 results on February 3, 2026.

The players

H&R Block Inc.

A major American tax preparation company headquartered in Kansas City, Missouri.

Got photos? Submit your photos here. ›

The takeaway

H&R Block's second-quarter loss reflects the seasonal nature of the tax preparation business, with the company typically seeing its highest revenues and profits during the peak tax filing months of the first and fourth quarters.