Risk Sleuth
HRB · 10-K filed 14 Aug 2026 · year to 30 Jun 2026

H&R Block

19 named things its latest annual report says its results depend on, each in the company's own words. 14 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Suppliers

Fidelity National Information Services, Inc. (FIS)

depends onnamed as a risk
A few examples of this type of reliance include: our relationships with Fidelity National Information Services, Inc. (FIS), or similar vendors, for data processing and card production services; Pathward®, N.A. (Pathward), a wholly-owned subsidiary of Pathward Financial, Inc., for the issuance of RTs, EAs, RAs, Emerald Cards, and Spruce accounts; and Microsoft Corporation, for enterprise technology solutions.Risk factors (Item 1A)

Also named by GPN, JKHY

Partners and platforms

Franchisees

earns from · approximately 30% of gross tax return preparation and related service revenuesnamed as a risk
In the U.S., our franchisees pay us approximately 30% of gross tax return preparation and related service revenues as a franchise royalty.Business (Item 1)

Also named by ROL, YUM

Microsoft Azure

depends onnamed as a risk
If the Microsoft Azure Cloud is unavailable for any reason, it could negatively impact our ability to deliver our services and products and our clients may not be able to access certain of our products or features, any of which could significantly impact our operations, business, and financial results.Risk factors (Item 1A)

Also named by AIOT, AKAM, BLK, DDOG, DOCN, DOCU, EXTR, FFIV and 14 more

Pathward, N.A.

depends onnamed as a risk
A few examples of this type of reliance include: our relationships with Fidelity National Information Services, Inc. (FIS), or similar vendors, for data processing and card production services; Pathward®, N.A. (Pathward), a wholly-owned subsidiary of Pathward Financial, Inc., for the issuance of RTs, EAs, RAs, Emerald Cards, and Spruce accounts; and Microsoft Corporation, for enterprise technology solutions.Risk factors (Item 1A)

Mastercard

depends on
The Emerald Card® and SpruceSM debit cards can be used for everyday purchases and ATM withdrawals anywhere Debit Mastercard® (Mastercard is a registered trademark of Mastercard International Incorporated) is accepted.Business (Item 1)

Also named by AXP, CASH, COF, CPAY, DDS, EEFT, FIS, FISV and 7 more

Other companies

February through April tax season

concentrated innamed as a risk
Our operations are highly seasonal and substantially all of our revenues and cash flows are generated during the period from February through April in a typical year.Risk factors (Item 1A)

Sand Canyon Corporation

named as a risk
The creditors of SCC or other potential claimants may attempt to assert claims against us for payment of SCC's obligations.Risk factors (Item 1A)

Competitors

IRS Direct File

competes withnamed as a risk
For example, in tax seasons 2024 and 2025, the IRS offered a limited free direct tax filing system, and although that program has been suspended, there can be no assurance that it (or similar programs) will not be reinstated or expanded in the future.Risk factors (Item 1A)

Places

Canada

operates innamed as a risk
We have international operations, including tax preparation businesses in Canada and Australia, a technology and shared services centers in India, a technology center in Ireland, and Wave® in Canada.Risk factors (Item 1A)

Also named by AAP, AJG, ALL, AMRC, AOS, ARE, BBY, BF/B and 97 more

India

operates innamed as a risk
We have international operations, including tax preparation businesses in Canada and Australia, a technology and shared services centers in India, a technology center in Ireland, and Wave® in Canada.Risk factors (Item 1A)

Also named by A, AAPL, ACN, AJG, AKAM, AMZN, AOS, AVGO and 54 more

Commodities and inputs

Canadian dollar

exposed to its price · $5.1 millionnamed as a risk
We estimate a 10% change in foreign exchange rates by itself would impact consolidated pretax income for the years ended June 30, 2026 and 2025 by $5.1 million and $4.5 million, respectively, and cash balances, excluding restricted balances, as of June 30, 2026 and 2025 by $23.3 million and $19.7 million, respectively.Market risk (Item 7A)

Also named by ABBV, ADBE, AMG, AYI, BBY, BWXT, CBRE, CDRE and 67 more

Australian dollar

exposed to its pricenamed as a risk
The currencies primarily involved are the Canadian dollar and the Australian dollar.Market risk (Item 7A)

Also named by ADBE, BEN, BF/B, BTU, CSGP, EEFT, EZPW, GPC and 13 more

Regulators

Canada Revenue Agency (CRA)

subject to
The fee charged for this service is mandated by federal legislation which is administered by the CRA.Business (Item 1)

Also named by BAM, LULU, PAA, QSR, RBA

Laws and programs

EU General Data Protection Regulation

subject tonamed as a risk
As a result, certain aspects of our operations are subject, or may in the future become subject, to the laws, regulations, and policies of those jurisdictions that regulate the collection, use, and transfer of personal information, which may be more stringent than those of the U.S., including, but not limited to the EU General Data Protection Regulation, the Canadian Personal Information Protection and Electronic Documents Act, and Canadian Provincial legislation.Risk factors (Item 1A)

Also named by ACN, ADSK, AIG, ALK, AMG, ANET, APG, AXON and 61 more

Interchange fees

subject tonamed as a risk
If interchange rates decline, whether due to actions by the payment networks or future government regulation, it could impact the profitability of our consumer financial services and products or our ability to offer such services or products.Risk factors (Item 1A)

Also named by SYF, TOST

Internal Revenue Code

subject tonamed as a risk
Such future changes could decrease the demand or the amount we charge for our services, and, in turn, have a material adverse effect on our business and our consolidated financial position, results of operations, and cash flows.Risk factors (Item 1A)

Also named by HHH

IRS Free File program

competes withnamed as a risk
In addition, certain members of private industry offer free online DIY tax services to certain taxpayers through Free File, Inc., which operates under an agreement among the IRS and those industry participants that is currently set to expire in October 2029.Risk factors (Item 1A)

Also named by INTU

IRS Free File program

named as a risk
For example, as previously reported, we are subject to legal actions and have received and are responding to certain governmental inquiries and other matters relating to the IRS Free File program and other aspects of our DIY tax preparation services, including the use of pixels.Risk factors (Item 1A)

Also named by INTU

Unsecured committed line of credit (CLOC)

depends onnamed as a risk
Our unsecured committed line of credit (CLOC) is subject to various covenants, and a violation of a covenant could impair our access to liquidity currently available through the CLOC.Risk factors (Item 1A)