Toll Brothers Quarterly Income Statement
NYSE: TOLConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Toll Brothers revenue and earnings
In the quarter ended Jul 31, 2026, Toll Brothers generated $2.66 billion in revenue, down 9.7% from the same quarter a year earlier. Net income was $280.1 million (-24.2% year over year), for a net margin of 10.5% versus a median of 12.6% in the prior 5 quarters. Gross margin was 23.5% (down from 25.2%) and operating margin 13.5%.
Diluted earnings per share came in at $2.97, down from $3.73.
Summary generated from market data by MetaCap's automated system. Methodology
Toll Brothers income statement (quarterly)
| Quarter (USD) | Q3 20262026-07-31 | Q2 20262026-04-30 | Q1 20262026-01-31 | Q4 20252025-10-31 | Q3 20252025-07-31 | Q2 20252025-04-30 | Q1 20252025-01-31 | Q4 20242024-10-31 | Q3 20242024-07-31 | Q2 20242024-04-30 | Q1 20242024-01-31 | Q4 20232023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.66B | 2.53B | 2.15B | 3.42B | 2.95B | 2.74B | 1.86B | 3.33B | 2.73B | 2.84B | 1.95B | 3.02B |
| Revenue growth (YoY) | -9.72% | -7.59% | +15.41% | +2.70% | +7.96% | -3.47% | -4.55% | +10.37% | +1.50% | +13.18% | +9.42% | -18.64% |
| Cost of Revenue | 2.03B | 1.93B | 1.67B | 2.58B | 2.20B | 2.03B | 1.40B | 2.45B | 1.99B | 1.98B | 1.41B | 2.22B |
| Gross Profit | 625.22M | 604.89M | 476.99M | 847.86M | 741.39M | 705.44M | 459.55M | 880.79M | 742.00M | 861.22M | 538.46M | 800.02M |
| Operating Expenses | 266.07M | 258.25M | 257.94M | 283.78M | 253.67M | 255.76M | 240.41M | 269.73M | 244.81M | 237.70M | 230.05M | 241.41M |
| Selling, General & Admin | 266.07M | 258.25M | 257.94M | 283.78M | 253.67M | 255.76M | 240.41M | 269.73M | 244.81M | 237.70M | 230.05M | 241.41M |
| Operating Income | 359.15M | 346.64M | 219.06M | 564.09M | 487.72M | 449.68M | 219.13M | 611.05M | 497.19M | 623.53M | 308.42M | 558.62M |
| Other Income (Expense) | 18.72M | 20.44M | 19.08M | 11.58M | 12.79M | 16.34M | 10.99M | 20.06M | 16.95M | 20.37M | 11.92M | 17.07M |
| Pretax Income | 374.79M | 350.36M | 273.57M | 592.99M | 499.50M | 477.50M | 221.38M | 621.07M | 503.63M | 649.78M | 311.16M | 604.97M |
| Income Tax | 94.64M | 89.77M | 62.64M | 146.27M | 129.88M | 125.06M | 43.68M | 145.66M | 129.02M | 168.16M | 71.60M | 159.43M |
| Net Income | 280.14M | 260.59M | 210.93M | 446.72M | 369.62M | 352.45M | 177.70M | 475.41M | 374.61M | 481.62M | 239.56M | 445.54M |
| Net Income growth (YoY) | -24.21% | -26.06% | +18.70% | -6.04% | -1.33% | -26.82% | -25.82% | +6.70% | -9.69% | +50.40% | +25.08% | -30.44% |
| EPS (Basic) | 2.98 | 2.74 | 2.20 | 4.62 | 3.76 | 3.53 | 1.76 | 4.67 | 3.64 | 4.60 | 2.28 | 4.15 |
| EPS (Diluted) | 2.97 | 2.72 | 2.19 | 4.58 | 3.73 | 3.50 | 1.75 | 4.63 | 3.60 | 4.55 | 2.25 | 4.11 |
| Shares Outstanding (Basic) | 93.90M | 95.14M | 95.70M | 96.76M | 98.43M | 99.89M | 100.83M | 101.72M | 102.98M | 104.79M | 105.12M | 107.47M |
| Shares Outstanding (Diluted) | 94.44M | 95.75M | 96.50M | 97.53M | 99.17M | 100.58M | 101.83M | 102.68M | 104.01M | 105.80M | 106.27M | 108.39M |
| EBITDA | 380.08M | 363.90M | 235.29M | 585.89M | 510.06M | 470.45M | 236.30M | 636.83M | 517.34M | 642.67M | 324.56M | 580.84M |
| Gross Margin | 23.52% | 23.90% | 22.23% | 24.77% | 25.17% | 25.75% | 24.72% | 26.42% | 27.20% | 30.35% | 27.64% | 26.49% |
| Operating Margin | 13.51% | 13.69% | 10.21% | 16.48% | 16.56% | 16.42% | 11.79% | 18.33% | 18.23% | 21.97% | 15.83% | 18.50% |
| Net Margin | 10.54% | 10.30% | 9.83% | 13.05% | 12.55% | 12.87% | 9.56% | 14.26% | 13.73% | 16.97% | 12.30% | 14.75% |
This table shows 12 quarterly periods of Toll Brothers's income statement, from Q3 2026 back to Q4 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TOL's reporting calendar. What is a income statement?