Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $466 | $3,463 | $3,472 | $3,610 | $3,761 |
| Gross Profit | $233 | $1,582 | $1,549 | $1,619 | $1,675 |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Net Income | $90 | $554 | $554 | $595 | $606 |
Over the five-year period, H&R Block’s revenue and gross profit experienced a dramatic expansion between 2021 and 2022. Revenue surged from approximately 466 million USD in 2021 to 3,463 million USD in 2022—an increase of nearly 650%—with gross profit following a similar pattern, jumping from 233 million USD to over 1,582 million USD. This significant uplift suggests a potential strategic expansion, operational scaling, or possibly a change in revenue recognition. However, from 2022 onward, revenue growth slowed and became more incremental, moving from 3,463 million USD to about 3,761 million USD by 2025. Gross profit also continued to show steady, moderate growth, indicating stabilization after the initial surge. It is noteworthy that operating income is consistently reported as zero throughout the period, which may reflect a non-standard presentation or significant one-time adjustments that preclude meaningful year-over-year comparisons in that metric. Net income, similarly affected by the dramatic increase in 2022—from approximately 90 million USD in 2021 to about 554 million USD in 2022—then proceeds with modest improvements, reaching 606 million USD by 2025. This alignment between net income and gross profit post-2022 suggests consistent profitability margins under more stabilized operating conditions. Overall, based on these metrics, H&R Block appears to have successfully capitalized on a significant growth period, before transitioning into a phase of steady, sustainable performance. The dramatic initial jump followed by stable, incremental gains signals a solid financial foundation, though the absence of operating income data warrants further investigation to fully assess operational efficiency.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.