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v3.25.2

Segment Information (Tables) | 12 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Operations By Reportable Operating Segment | The following table presents the significant revenue and expense categories included in the segment's net income from continuing operations as regularly provided to the CODM on a consolidated basis and then reconciled to net income for the years ended June 30, 2025 , 2024 and 2023:
Consolidated – Financial Results |  | (in 000s, except per share amounts)
Year ended June 30, |  | 2025 |  | 2024 |  | 2023
Revenues: |  |  |  |  |  |
U.S. tax preparation and related services: |  |  |  |  |  |
Assisted tax preparation |  | $ | 2,413,229 |  |  | $ | 2,274,835 |  |  | $ | 2,167,138 |
Royalties |  | 192,877 |  |  | 204,802 |  |  | 210,631 |
DIY tax preparation |  | 383,738 |  |  | 349,812 |  |  | 314,758 |
Refund Transfers |  | 137,526 |  |  | 142,249 |  |  | 143,310 |
Peace of Mind® Extended Service Plan |  | 87,326 |  |  | 93,087 |  |  | 95,181 |
Tax Identity Shield® |  | 29,920 |  |  | 33,386 |  |  | 38,265 |
Emerald Card® and Spruce SM |  | 72,888 |  |  | 76,093 |  |  | 84,651 |
Interest and fee income on Emerald Advance® |  | 28,958 |  |  | 40,933 |  |  | 47,554 |
International |  | 246,993 |  |  | 247,123 |  |  | 235,131 |
Wave |  | 109,222 |  |  | 96,472 |  |  | 90,314 |
Other |  | 58,318 |  |  | 51,555 |  |  | 45,252 |
Total revenues |  | $ | 3,760,995 |  |  | $ | 3,610,347 |  |  | $ | 3,472,185 |
Compensation and benefits: |  |  |  |  |  |
Field wages |  | 927,360 |  |  | 869,002 |  |  | 841,742 |
Other wages |  | 306,999 |  |  | 298,819 |  |  | 273,850 |
Benefits and other compensation |  | 250,729 |  |  | 228,723 |  |  | 220,530 |
|  | 1,485,088 |  |  | 1,396,544 |  |  | 1,336,122 |
Occupancy |  | 438,868 |  |  | 432,461 |  |  | 428,167 |
Marketing and advertising |  | 285,800 |  |  | 277,747 |  |  | 286,255 |
Depreciation and amortization |  | 116,827 |  |  | 121,784 |  |  | 130,501 |
Bad debt |  | 74,584 |  |  | 91,523 |  |  | 60,401 |
Other |  | 531,858 |  |  | 485,011 |  |  | 482,041 |
Total operating expenses |  | 2,933,025 |  |  | 2,805,070 |  |  | 2,723,487 |
Other income (expense), net |  | 31,546 |  |  | 36,125 |  |  | 35,492 |
Interest expense on borrowings |  | (78,113) |  |  | (79,080) |  |  | (72,978) |
Income from continuing operations before income taxes |  | 781,403 |  |  | 762,322 |  |  | 711,212 |
Income taxes |  | 171,953 |  |  | 164,359 |  |  | 149,412 |
Segment net income from continuing operations |  | $ | 609,450 |  |  | $ | 597,963 |  |  | $ | 561,800 |
Reconciliation of segment profit: |  |  |  |  |  |
Reconciling items: |  |  |  |  |  |
Net loss from discontinued operations |  | (3,677) |  |  | (2,646) |  |  | (8,100) |
Net income |  | $ | 605,773 |  |  | $ | 595,317 |  |  | $ | 553,700 |

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