---
schema_version: "secwatch.filing_event.v1"
accession: "0000794170-25-000024"
form_type: "8-K"
ticker: "TOL"
cik: "0000794170"
company_name: "Toll Brothers, Inc."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T18:09:29.471056+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Toll Brothers Q1 earnings miss: EPS $1.75 vs $2.25; revenue down 5%

## Summary
- Net income $177.7M ($1.75 diluted EPS), down from $239.6M ($2.25) in prior Q1.
- Home sales revenues $1.84B (-5% YoY); delivered 1,991 homes (+3%).
- Home sales gross margin 25.0% (27.6% prior); adjusted 26.9% (28.9% prior).
- Net signed contracts up 12% to $2.31B; backlog value $6.94B (-2%).
- Full-year guidance reaffirmed: 11,200-11,600 deliveries; adjusted margin 27.25%.

## SEC filing metadata
- accession: 0000794170-25-000024
- form_type: 8-K
- ticker: TOL
- cik: 0000794170
- company_name: Toll Brothers, Inc.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794170/000079417025000024/0000794170-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794170/000079417025000024/tol-20250218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794170-25-000024
- JSON: https://secwatch.observer/filing/0000794170-25-000024.json
- Plain text: https://secwatch.observer/filing/0000794170-25-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.