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Side-by-side financial comparison of H&R BLOCK INC (HRB) and YELP INC (YELP). Click either name above to swap in a different company.
YELP INC is the larger business by last-quarter revenue ($360.0M vs $198.9M, roughly 1.8× H&R BLOCK INC). YELP INC runs the higher net margin — 10.5% vs -121.8%, a 132.3% gap on every dollar of revenue. On growth, H&R BLOCK INC posted the faster year-over-year revenue change (11.1% vs -0.5%). YELP INC produced more free cash flow last quarter ($72.3M vs $-649.5M). Over the past eight quarters, YELP INC's revenue compounded faster (4.0% CAGR vs -69.8%).
H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch.
Yelp Inc. is an American company that develops the Yelp.com website and the Yelp mobile app, which publishes crowd-sourced reviews about businesses. It also operates Yelp Guest Manager, a table reservation service. It is headquartered in San Francisco.
HRB vs YELP — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $198.9M | $360.0M |
| Net Profit | $-242.2M | $37.8M |
| Gross Margin | -70.9% | — |
| Operating Margin | -160.5% | 13.6% |
| Net Margin | -121.8% | 10.5% |
| Revenue YoY | 11.1% | -0.5% |
| Net Profit YoY | 0.5% | -10.5% |
| EPS (diluted) | — | $0.60 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $198.9M | $360.0M | ||
| Q3 25 | $203.6M | $376.0M | ||
| Q2 25 | $1.1B | $370.4M | ||
| Q1 25 | $2.3B | $358.5M | ||
| Q4 24 | $179.1M | $362.0M | ||
| Q3 24 | $193.8M | $360.3M | ||
| Q2 24 | $1.1B | $357.0M | ||
| Q1 24 | $2.2B | $332.8M |
| Q4 25 | $-242.2M | $37.8M | ||
| Q3 25 | $-165.8M | $39.3M | ||
| Q2 25 | $299.4M | $44.1M | ||
| Q1 25 | $722.3M | $24.4M | ||
| Q4 24 | $-243.4M | $42.2M | ||
| Q3 24 | $-172.6M | $38.4M | ||
| Q2 24 | $257.8M | $38.0M | ||
| Q1 24 | $690.7M | $14.2M |
| Q4 25 | -70.9% | — | ||
| Q3 25 | -34.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 57.4% | — | ||
| Q4 24 | -75.5% | — | ||
| Q3 24 | -39.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 57.6% | — |
| Q4 25 | -160.5% | 13.6% | ||
| Q3 25 | -106.3% | 14.1% | ||
| Q2 25 | 33.1% | 14.4% | ||
| Q1 25 | 42.1% | 8.2% | ||
| Q4 24 | -174.4% | 14.8% | ||
| Q3 24 | -119.8% | 12.9% | ||
| Q2 24 | 33.0% | 11.1% | ||
| Q1 24 | 41.5% | 3.4% |
| Q4 25 | -121.8% | 10.5% | ||
| Q3 25 | -81.5% | 10.5% | ||
| Q2 25 | 27.0% | 11.9% | ||
| Q1 25 | 31.7% | 6.8% | ||
| Q4 24 | -135.9% | 11.7% | ||
| Q3 24 | -89.0% | 10.7% | ||
| Q2 24 | 24.3% | 10.7% | ||
| Q1 24 | 31.6% | 4.3% |
| Q4 25 | — | $0.60 | ||
| Q3 25 | — | $0.61 | ||
| Q2 25 | — | $0.67 | ||
| Q1 25 | $5.31 | $0.36 | ||
| Q4 24 | — | $0.58 | ||
| Q3 24 | — | $0.56 | ||
| Q2 24 | — | $0.54 | ||
| Q1 24 | $4.86 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $349.2M | $319.4M |
| Total DebtLower is stronger | $2.4B | — |
| Stockholders' EquityBook value | $-823.1M | $710.9M |
| Total Assets | $2.9B | $958.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $349.2M | $319.4M | ||
| Q3 25 | $376.4M | $333.6M | ||
| Q2 25 | $983.3M | $301.1M | ||
| Q1 25 | $772.9M | $324.4M | ||
| Q4 24 | $320.1M | $317.9M | ||
| Q3 24 | $415.9M | $397.0M | ||
| Q2 24 | $1.1B | $384.8M | ||
| Q1 24 | $794.6M | $420.8M |
| Q4 25 | $2.4B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $-823.1M | $710.9M | ||
| Q3 25 | $-550.9M | $733.2M | ||
| Q2 25 | $88.9M | $746.4M | ||
| Q1 25 | $-192.8M | $728.0M | ||
| Q4 24 | $-872.5M | $744.0M | ||
| Q3 24 | $-368.1M | $739.5M | ||
| Q2 24 | $90.6M | $735.3M | ||
| Q1 24 | $-129.8M | $722.0M |
| Q4 25 | $2.9B | $958.5M | ||
| Q3 25 | $2.6B | $989.9M | ||
| Q2 25 | $3.3B | $980.2M | ||
| Q1 25 | $3.2B | $985.2M | ||
| Q4 24 | $2.7B | $983.6M | ||
| Q3 24 | $2.5B | $980.2M | ||
| Q2 24 | $3.2B | $965.0M | ||
| Q1 24 | $3.2B | $993.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 12.86× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 16.46× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-614.0M | $84.5M |
| Free Cash FlowOCF − Capex | $-649.5M | $72.3M |
| FCF MarginFCF / Revenue | -326.6% | 20.1% |
| Capex IntensityCapex / Revenue | 17.9% | 3.4% |
| Cash ConversionOCF / Net Profit | — | 2.24× |
| TTM Free Cash FlowTrailing 4 quarters | $524.1M | $323.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-614.0M | $84.5M | ||
| Q3 25 | $-356.8M | $131.5M | ||
| Q2 25 | $251.6M | $58.0M | ||
| Q1 25 | $1.3B | $98.0M | ||
| Q4 24 | $-567.1M | $71.0M | ||
| Q3 24 | $-328.6M | $102.3M | ||
| Q2 24 | $300.6M | $39.7M | ||
| Q1 24 | $1.4B | $72.9M |
| Q4 25 | $-649.5M | $72.3M | ||
| Q3 25 | $-370.0M | $118.9M | ||
| Q2 25 | $241.3M | $45.0M | ||
| Q1 25 | $1.3B | $87.5M | ||
| Q4 24 | $-597.4M | $60.0M | ||
| Q3 24 | $-347.3M | $92.5M | ||
| Q2 24 | $290.7M | $30.1M | ||
| Q1 24 | $1.3B | $65.9M |
| Q4 25 | -326.6% | 20.1% | ||
| Q3 25 | -181.8% | 31.6% | ||
| Q2 25 | 21.7% | 12.2% | ||
| Q1 25 | 57.2% | 24.4% | ||
| Q4 24 | -333.6% | 16.6% | ||
| Q3 24 | -179.2% | 25.7% | ||
| Q2 24 | 27.4% | 8.4% | ||
| Q1 24 | 61.4% | 19.8% |
| Q4 25 | 17.9% | 3.4% | ||
| Q3 25 | 6.5% | 3.3% | ||
| Q2 25 | 0.9% | 3.5% | ||
| Q1 25 | 1.0% | 2.9% | ||
| Q4 24 | 17.0% | 3.0% | ||
| Q3 24 | 9.7% | 2.7% | ||
| Q2 24 | 0.9% | 2.7% | ||
| Q1 24 | 1.0% | 2.1% |
| Q4 25 | — | 2.24× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | 0.84× | 1.32× | ||
| Q1 25 | 1.83× | 4.02× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 2.66× | ||
| Q2 24 | 1.17× | 1.04× | ||
| Q1 24 | 1.97× | 5.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HRB
| Tax Preparation Fees | $55.9M | 28% |
| Other | $33.3M | 17% |
| Royalty | $31.1M | 16% |
| Wave HQ Inc. | $29.8M | 15% |
| DIY Tax Preparation Fees | $16.8M | 8% |
| Interestand Fee Incomeon Emerald Advance | $13.4M | 7% |
| Feesfrom Emerald Card | $9.1M | 5% |
| Royalties | $5.1M | 3% |
| Tax Identity Shield | $4.2M | 2% |
YELP
| Advertising Services | $231.4M | 64% |
| Advertising Restaurants And Other | $106.8M | 30% |
| Other Revenue | $21.8M | 6% |