Exhibit 99.1

For Immediate Release: May 6, 2026

KANSAS CITY, Mo. - H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results1 for its fiscal 2026 third quarter ended March 31, 2026.

"This season marked an important inflection point, demonstrating that our strategy is driving higher-quality business outcomes," said Curtis Campbell, president and chief executive officer. "Our assisted market share trend improved meaningfully after several years of pressure, reflecting stronger execution across the season. Clients are choosing H&R Block for confidence, trust, and expert help, and our disciplined, expert-led, technology-enabled approach is delivering meaningful value."

"This quarter demonstrates strong execution across the business, with solid revenue growth and enhanced profitability," said Tiffany Mason, chief financial officer. "Progress this tax season with higher complexity clients underscores the durability of our financial model, and our year‑to‑date performance reinforces our confidence as we raise our full year outlook."

For the third quarter, the Company delivered total revenue of $2.4 billion, an increase of $121.0 million, or 5.3%, versus the prior year. The increase was primarily the result of higher net average charge (NAC) and volume in the U.S. assisted tax preparation category, growth in international revenue, and an increase in Refund Transfer volume.

Total operating expenses of $1.4 billion increased by $62.5 million, or 4.8%, versus the prior year. The increase was primarily due to higher field wages as a result of increased assisted tax preparation revenue.

During the quarter, the Company recognized a one-time non-cash tax benefit related to the resolution of an IRS examination. This $84.1 million benefit reduced income tax expense, providing a $0.65 benefit to earnings per share.

Net income from continuing operations increased by $125.9 million, or 17.4%, to $848.8 million, and earnings per share from continuing operations2 increased 24.2% to $6.61 driven by the one-time tax benefit, fewer shares outstanding from share repurchases, and higher net income.

Adjusted net income from continuing operations2 increased by $42.4 million, or 5.8%, to $773.7 million, and adjusted earnings per share from continuing operations2 increased 11.9% to $6.02.

The Company reported the following related to its capital structure:

•As previously announced, a quarterly cash dividend of $0.42 per share will be paid on July 7th to shareholders of record as of June 3rd. H&R Block has paid quarterly dividends consecutively since the Company became public in 1962. Since 2016, the Company has grown the dividend 110%3.

•The Company has approximately $700 million remaining on its previously announced $1.5 billion share repurchase program. The Company's board of directors has authorized management to repurchase an incremental $100 million of common stock in the fourth quarter of fiscal 2026 under that repurchase program, which has been reflected in the updated outlook below.

•Year-to-date, the Company has returned $560.9 million to shareholders in the form of dividends and share repurchases.

As a result of year-to-date performance, including a strong tax season, the Company now expects:

•Revenue to be in the range of $3.910 to $3.920 billion, representing a 4.1% year-over-year increase at the midpoint.

•EBITDA4 to be in the range of $1.025 to $1.035 billion, a 5.5% year-over-year increase at the midpoint.

•Effective tax rate to be approximately 14%.

•Adjusted Diluted Earnings Per Share4 to be in the range of $5.10 to $5.20, a 10.5% year-over-year increase at the midpoint.

The Company will host a conference call for analysts and investors to discuss third quarter 2026 results at 4:30 p.m. ET on Wednesday, May 6, 2026. To join live, participants must register at https://register-conf.media-server.com/register/BI154683d0918449469ffebfc9d427b4b3. Once registered, the participant will receive a dial-in number and unique PIN to access the call. Please join approximately 5 minutes prior to the scheduled start time.

The call, along with a presentation for viewing, will also be webcast in a listen-only format for the media and general public. The webcast can be accessed directly at https://edge.media-server.com/mmc/p/ygejpbdc/lan/en and will be available for replay 2 hours after the call is concluded and continuing for 90 days.

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

This press release and the accompanying tables include non-GAAP financial information. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable

financial measures prepared in accordance with generally accepted accounting principles, please see the section of the accompanying tables titled "Non-GAAP Financial Information."

This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "commits," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. They may include estimates of revenues, client trajectory, income, effective tax rate, earnings per share, cost savings, capital expenditures, dividends, share repurchases, liquidity, capital structure, market share, industry volumes or other financial items, descriptions of management’s plans or objectives for future operations, products or services, or descriptions of assumptions underlying any of the above. They may also include the expected impact of external events beyond the Company’s control, such as outbreaks of infectious disease, severe weather events, natural or manmade disasters, or changes in the regulatory environment in which we operate. All forward-looking statements speak only as of the date they are made and reflect the Company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions, factors, or expectations, new information, data or methods, future events or other changes, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to a variety of economic, competitive and regulatory factors, many of which are beyond the Company's control, that are described in our Annual Report on Form 10-K for the most recently completed fiscal year in the section entitled "Risk Factors" and additional factors we may describe from time to time in other filings with the Securities and Exchange Commission. You may get such filings for free at our website at https://investors.hrblock.com. In addition, factors that may cause the Company’s actual estimated effective tax rate to differ from estimates include the Company’s actual results from operations compared to current estimates, future discrete items, changes in interpretations and assumptions the Company has made, future actions of the Company, or increases in applicable tax rates in jurisdictions where the Company operates. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

(1) All non-GAAP measures are results from continuing operations. See "Non-GAAP Financial Information" for a reconciliation of non-GAAP measures.

(in 000s)
						Three months ended March 31,												Nine months ended March 31,
NON-GAAP FINANCIAL MEASURE - EBITDA						2026						2025						2026						2025
Net income - as reported						$	847,901					$	722,330					$	439,916					$	306,334
Discontinued operations, net						879						598						1,930						2,707
Net income from continuing operations - as reported						848,780						722,928						441,846						309,041
Add back:
Income taxes						167,678						235,253						39,058						104,580
Interest expense						24,307						24,686						65,087						62,285
Depreciation and amortization						31,519						29,221						90,442						87,247
						223,504						289,160						194,587						254,112
EBITDA from continuing operations						$	1,072,284					$	1,012,088					$	636,433					$	563,153

(1)Tax effect of adjustments is the difference between the tax provision calculated on a GAAP basis and on an adjusted non-GAAP basis.

Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Because these measures are not measures of financial performance under GAAP and are susceptible to varying calculations, they may not be comparable to similarly titled measures for other companies.

We consider our non-GAAP financial measures to be performance measures and a useful metric for management and investors to evaluate and compare the ongoing operating performance of our business. We make adjustments for certain non-GAAP financial measures related to material discrete tax impacts of IRS examination settlements, amortization of intangibles from acquisitions and goodwill impairments. We may consider whether other significant items that arise in the future should be excluded from our non-GAAP financial measures.

We measure the performance of our business using a variety of metrics, including earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations, adjusted EBITDA from continuing operations, adjusted net income from continuing operations, and adjusted diluted earnings per share from continuing operations.

We also use EBITDA from continuing operations and pretax income from continuing operations, each subject to permitted adjustments, as performance metrics in incentive compensation calculations for our employees.