v3.25.4
REVENUE RECOGNITION
 6 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION
NOTE 2: REVENUE RECOGNITION
The majority of our revenues are from our United States (U.S.) tax services business. The following table disaggregates our U.S. revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
(in 000s)
Three months ended December 31,Six months ended December 31,
2025202420252024
Revenues:
U.S. assisted tax preparation$55,919 $48,380 $104,563 $91,343 
U.S. royalties5,108 3,499 10,957 9,351 
U.S. DIY tax preparation16,807 13,744 20,552 16,980 
Refund Transfers638 637 1,481 1,497 
Peace of Mind® Extended Service Plan16,231 16,145 39,740 39,242 
Tax Identity Shield®4,244 4,013 8,366 7,922 
Emerald Card® and SpruceSM
9,124 10,148 16,976 18,974 
Interest and fee income on Emerald Advance®13,446 12,308 13,446 12,308 
International34,718 31,811 100,379 96,666 
Wave29,785 26,561 59,635 52,964 
Other12,845 11,824 26,321 25,633 
Total revenues$198,865 $179,070 $402,416 $372,880 
Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
(in 000s)
POMDeferred RevenueDeferred Wages
Six months ended December 31,2025202420252024
Balance, beginning of the period$149,302 $156,610 $19,884 $20,212 
Amounts deferred3,704 3,209 8 15 
Amounts recognized on previous deferrals(45,310)(46,962)(5,789)(6,092)
Balance, end of the period$107,696 $112,857 $14,103 $14,135 
As of December 31, 2025, deferred revenue related to POM was $107.7 million. We expect that $80.2 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years.
As of December 31, 2025 and 2024, Tax Identity Shield® (TIS) deferred revenue was $14.9 million and $14.1 million, respectively. Deferred revenue related to TIS was $22.6 million and $21.4 million as of June 30, 2025 and 2024, respectively. All deferred revenue related to TIS will be recognized by April 2026.