Toll Brothers, Inc. income statement TOL

Annual Quarterly

In Q3 of fiscal 2026, the quarter ended Jul 31, 2026, Toll Brothers, Inc. reported revenue of $2.7 billion, down 9.7% from the same quarter a year earlier. Net income was $280.1 million, a profit margin of 10.5%. Operating income came to $359.2 million, an operating margin of 13.5%. Diluted earnings per share were $2.97.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

TTM
Jul 31, 2026
Q3 FY2026
Jul 31, 2026
Q2 FY2026
Apr 30, 2026
Q1 FY2026
Jan 31, 2026
Q4 FY2025
Oct 31, 2025
Q3 FY2025
Jul 31, 2025
Q2 FY2025
Apr 30, 2025
Q1 FY2025
Jan 31, 2025
Q4 FY2024
Oct 31, 2024
Revenue
10,759
-1.1%
2,659
-9.7%
2,531
-7.6%
2,146
+15.4%
3,423
+2.7%
2,945
+8.0%
2,739
-3.5%
1,859
-4.6%
3,333
+10.4%
Cost of revenue
8,204
+1.4%
2,034
-7.7%
1,926
-5.3%
1,669
+19.2%
2,576
+5.0%
2,204
+11.0%
2,034
+2.9%
1,400
-0.7%
2,453
+10.5%
Gross profit
2,555
-8.3%
625
-15.7%
605
-14.3%
477
+3.8%
848
-3.7%
741
-0.1%
705
-18.1%
460
-14.7%
881
+10.1%
Selling, general and administrative
1,066
+4.6%
266
+4.9%
258
+1.0%
258
+7.3%
284
+5.2%
254
+3.6%
256
+7.6%
240
+4.5%
270
+11.7%
Operating expenses
1,066
+4.6%
266
+4.9%
258
+1.0%
258
+7.3%
284
+5.2%
254
+3.6%
256
+7.6%
240
+4.5%
270
+11.7%
Operating income
1,489
-15.8%
359
-26.4%
347
-22.9%
219
-0.0%
564
-7.7%
488
-1.9%
450
-27.9%
219
-28.9%
611
+9.4%
Income tax
393
-11.5%
95
-27.1%
90
-28.2%
63
+43.4%
146
+0.4%
130
+0.7%
125
-25.6%
44
-39.0%
146
-8.6%
Net income
1,198
-12.9%
280
-24.2%
261
-26.1%
211
+18.7%
447
-6.0%
370
-1.3%
352
-26.8%
178
-25.8%
475
+6.7%
Basic EPS
12.56
-8.4%
2.98
-20.7%
2.74
-22.4%
2.20
+25.0%
4.62
-1.1%
3.76
+3.3%
3.53
-23.3%
1.76
-22.8%
4.67
+12.5%
Diluted EPS
12.47
-8.3%
2.97
-20.4%
2.72
-22.3%
2.19
+25.1%
4.58
-1.1%
3.73
+3.6%
3.50
-23.1%
1.75
-22.2%
4.63
+12.7%
Weighted average shares, basic
95
-4.8%
94
-4.6%
95
-4.8%
96
-5.1%
97
-4.9%
98
-4.4%
100
-4.7%
101
-4.1%
102
-5.3%
Weighted average shares, diluted
96
-5.0%
94
-4.8%
96
-4.8%
97
-5.2%
98
-5.0%
99
-4.7%
101
-4.9%
102
-4.2%
103
-5.3%
Other measures
Depreciation and amortization
76
-11.4%
21
-6.3%
17
-16.9%
16
-5.4%
22
-15.4%
22
+10.9%
21
+8.5%
17
+6.3%
26
+16.0%
EBITDA
1,565
-15.6%
380
-25.5%
364
-22.6%
235
-0.4%
586
-8.0%
510
-1.4%
470
-26.8%
236
-27.2%
637
+9.6%
Margins
Gross margin
23.75%
23.52%
23.90%
22.23%
24.77%
25.17%
25.75%
24.72%
26.42%
Operating margin
13.84%
13.51%
13.69%
10.21%
16.48%
16.56%
16.42%
11.79%
18.33%
Profit margin
11.14%
10.54%
10.30%
9.83%
13.05%
12.55%
12.87%
9.56%
14.26%
EBITDA margin
14.55%
14.30%
14.38%
10.97%
17.11%
17.32%
17.18%
12.71%
19.10%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry
Operative Builders (SIC 1531)
Listed as
TOL (NYSE)
Fiscal year ends
October 31
Incorporated in
DE
Headquarters
Fort Washington, PA
SEC filer status
Large accelerated filer
SEC CIK
794170
Former names
TOLL BROTHERS INC (until Mar 28, 2019)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.