H&R Block, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $733.6M | $605.8M | $595.3M | $553.7M | $553.7M | $583.8M | $-7.5M | $422.5M |
| Depreciation & Amortization | $122.4M | $116.8M | $121.8M | $130.5M | $142.2M | $156.9M | $169.5M | $166.7M |
| Depreciation | $75.1M | $69.1M | $60.7M | $58.5M | $64.7M | $60.7M | $85.9M | $93.5M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $30.5M | $32.5M | $34.3M | $31.3M | $34.3M | $28.3M | $28.0M | $23.8M |
| Net Cash from Operating Activities | $838.7M | $680.9M | $720.9M | $821.8M | $808.5M | $625.9M | $109.0M | $606.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $82.6M | $82.0M | $63.7M | $69.7M | $62.0M | $52.8M | $81.7M | $95.5M |
| Business Acquisitions | $57.6M | $35.5M | $43.4M | $48.2M | $35.9M | $43.4M | $450.2M | $43.6M |
| Net Cash from Investing Activities | $-124.8M | $-105.4M | $-93.9M | $-101.4M | $-76.5M | $-45.5M | $-470.2M | $-155.1M |
| Financing Activities | ||||||||
| Dividends Paid | $211.0M | $197.3M | $179.8M | $177.9M | $186.5M | $195.1M | $204.9M | $205.5M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-734.2M | $-647.4M | $-564.3M | $-751.0M | $-1.26B | $-2.41B | $1.53B | $-403.7M |
| Net Change in Cash | $-25.2M | $-72.1M | $59.9M | $-35.4M | $-533.5M | $-1.81B | $1.17B | $44.0M |
| Free Cash Flow | $756.1M | $598.8M | $657.2M | $752.1M | $746.6M | $573.1M | $27.3M | $511.0M |