H&R Block, Inc. is a leading tax preparation company headquartered in Kansas City, Missouri. Founded by brothers Henry and Richard Bloch in 1955, the company has grown to serve millions of clients annually. The core business is tax preparation, offering both assisted services through a network of retail offices and ...H&R Block, Inc. is a leading tax preparation company headquartered in Kansas City, Missouri. Founded by brothers Henry and Richard Bloch in 1955, the company has grown to serve millions of clients annually. The core business is tax preparation, offering both assisted services through a network of retail offices and digital DIY solutions via online platforms and software. Beyond tax preparation, H&R Block provides a range of financial products including Refund Transfers, Peace of Mind extended service plans (which represent clients during audits), and various banking products like the Emerald Prepaid Mastercard and Spruce debit card. They also offer Emerald Advance term loans and Refund Advance loans to help clients access funds quickly. For small businesses, H&R Block offers solutions for payment processing, payroll, and bookkeeping. The company operates through a hybrid model of company-owned and franchise offices, with approximately 12,000 retail offices worldwide. Financially, H&R Block has a market cap of around $5.86 billion and trades on the New York Stock Exchange. In the trailing twelve months, the company reported a revenue per share of $30.21 and a net profit margin of about 19%. The gross profit margin stands at 54.5%, reflecting strong operational efficiency. The company has a beta of 0.375, indicating lower volatility compared to the broader market. With an employee base of 4,300 full-time staff, H&R Block also hires many seasonal employees during tax season, swelling its workforce significantly. Key leadership includes CEO Curtis A. Campbell, who has been at the helm. The company focuses on innovation, having introduced advancements in tax software and mobile applications over the years. H&R Block's mission is to provide help and inspire confidence in its clients and communities.
Operator: Thank you for standing by, and welcome to H&R Block Fourth Quarter Fiscal Year 26 Earnings Conference Call. Currently, all participants are in a listen-only mode. After the speakers' presentation, there will be a Q&A session. To ask a question from the queue, you may press star 1, 1 again. I would now like to hand the call over to Jessica Hazel. Vice President, Investor Relations. Please go ahead.
Jessica Hazel: Thank you. Good afternoon, and welcome to H&R Block's fiscal 2026 financial results conference call. Joining me today are Curtis A. Campbell, our president and chief executive officer and Tiffany L. Mason, our chief financial officer. Earlier today, we issued a press release and presentation which can be downloaded or viewed live on our website at investors.hrblock.com. Our call is being broadcast and webcast live and a replay of the webcast will be available for 90 days. Before we begin, I would like to remind listeners that comments made by management may include forward looking statements within the meaning of federal securities laws. These statements involve material risks and uncertainties, and actual results could differ from those projected in any forward looking due to numerous factors. For a description of these risks and uncertainties, please see H&R Block's annual report on Form 10-K and quarterly reports on Form 10-Q as updated periodically with our other SEC filings. Please note some metrics we will discuss today are presented on a non GAAP basis. We have reconciled the comparable GAAP and non GAAP figures in the appendix of our presentation. Finally, the content of this call contains time sensitive information accurate only as of today 08/11/2026. H&R Block undertakes no obligation to revise or otherwise update any statements to reflect events or circumstances after the date of this call. I will now turn it over to Curtis.
Curtis A. Campbell: Good afternoon, everyone, and thank you for joining us. Fiscal 26 was a meaningful year for H and R Block. We delivered strong results, made significant progress against our strategic priorities and continued to strengthen the quality of the business. Revenue increased 4.9%, EBITDA increased 8.3% and adjusted EPS increased 13.9%. The growth we delivered this year was meaningfully stronger than what was achieved in recent years. We also generated strong cash flow, and returned $714 million to shareholders through dividends and share repurchases. What matters most is what drove those results. We converted more clients to completion, We retain more clients. We continue to improve the quality of our client base, and we made meaningful progress against the initiatives that matter most to the long term durability of the business. Taken together, fiscal 2026 strengthened our belief that the strategy is working and that H&R Block is on the right path. The results we delivered this year and the evidence behind them give us greater confidence that we can further accelerate long term …
