---
schema_version: "secwatch.filing_event.v1"
accession: "0001838862-22-000038"
form_type: "8-K"
ticker: "HRB"
cik: "0000012659"
company_name: "H&R BLOCK INC"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:16:44.154387+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# H&R Block Q1 loss widens to $1.05 EPS; revenue down 7%; reaffirms FY2023 outlook

## Summary
- Total revenue $180.0M, down 7% YoY, due to $16.6M impact from Advanced Child Tax Credit loaded onto Emerald Cards last year.
- Pretax loss of $221.3M; GAAP loss per share $(1.05) from continuing ops vs $(0.84) prior year; adjusted loss $(0.99).
- Repurchased $219.8M in shares, retiring 3% of shares outstanding during the quarter.
- Reaffirms full-year FY2023 outlook for topline growth, EBITDA outpacing revenue, and faster EPS growth.
- Extension conversions increased 5% over prior year; Block Advisors launched a self-serve business formation product.

## SEC filing metadata
- accession: 0001838862-22-000038
- form_type: 8-K
- ticker: HRB
- cik: 0000012659
- company_name: H&R BLOCK INC
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/12659/000183886222000038/0001838862-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/12659/000183886222000038/hrb-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001838862-22-000038
- JSON: https://secwatch.observer/filing/0001838862-22-000038.json
- Plain text: https://secwatch.observer/filing/0001838862-22-000038.txt

## Key facts
- Earnings Releases
  H&R BLOCK INC reported the fiscal quarter ended September 30, 2022 results: revenue $180.0 million, EPS $(1.05). Guidance reaffirmed.
  - Period: the fiscal quarter ended September 30, 2022
  - Revenue: $180.0 million
  - EPS: $(1.05)
  - Guidance: reaffirmed
  - Result: reported results
  source text: outstanding in the quarter, and are reaffirming our outlook that includes topline growth, EBITDA that outpaces revenue, and EPS that grows even faster." • Total revenue of $180.0 million decreased by $12.6 million, or 7%, to the prior year. The decrease was due to the Advanced Child Tax Credit being loaded onto Emerald Cards last year, causing a $16.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/12659/000183886222000038/0001838862-22-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.