H&R Block, Inc.
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- H&R Block, Inc. (NYSE: HRB) provides assisted and do-it-yourself tax preparation services, small business solutions, and related financial products primarily in the United States, Canada, and Australia; core offerings include in-person and virtual tax preparation at approximately 10,000 to 12,000 retail offices staffed by tax professionals, online and desktop tax software in Free, Deluxe, Premium, and Self-Employed editions with features such as W-2 photo import and live chat support, year-round services through Block Advisors encompassing tax preparation, bookkeeping, payroll, advisory, and payment processing for small businesses and self-employed individuals via the Wave platform, and financial tools like the Spruce mobile banking app, Emerald prepaid debit card, and Tax Identity Shield for identity theft protection. Founded in 1955 by brothers Henry W. Bloch and Richard A. Bloch in Kansas City, Missouri, where it maintains headquarters, the company serves individuals, families, small businesses, freelancers, and expatriates with a workforce of about 2,700 full-time and up to 90,700 seasonal employees; it operates through subsidiaries including Block Advisors and Wave Financial, acquired in 2019 for $405 million to bolster small business capabilities. Recent developments feature a leadership transition with Curtis Campbell succeeding Jeff Jones as CEO while Jones serves as advisor through 2026, acceleration of the Block Horizons 2025 strategy emphasizing digital innovation, AI integration via partnerships like OpenAI and prior IBM Watson collaboration, small business expansion targeting a $300 billion market through Wave enhancements in AI-powered financial planning and embedded lending, a March 2025 partnership between Block Advisors and The Home Depot offering Pro Xtra members discounts on tax and bookkeeping services, upfront transparent pricing with No Surprise Guarantee, convergence of online and assisted platforms into digital-first experiences backed by human expertise, and robust capital returns including $1.1 billion remaining in share repurchases alongside 4.2% fiscal 2025 revenue growth to over $3 billion.
Company News
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