secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0000794170-25-000099
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers Q4 EPS $4.58 vs $4.63; revenue up to $3.41B; FY2026 deliveries guided 10,300-10,700
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- Q4 net income $446.7M, diluted EPS $4.58 (vs $4.63); pre-tax income $593M (down from $621.1M).
- Home sales revenue $3.41B (+5% YoY); net signed contract value $2.53B (-5%); backlog $5.5B (-15%).
- Adjusted home sales gross margin 27.1% in Q4 (vs 27.9% YoY); full-year FY2025 adjusted margin 27.3% (vs 28.4%).
- FY2026 guidance: Q1 deliveries 1,800-1,900; full-year deliveries 10,300-10,700; adjusted gross margin 26.0%; community count 480-490.
- Agreed to sell Apartment Living interests to Kennedy Wilson for $380M; expects to close in Q1 FY2026 and exit multifamily.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417025000099/0000794170-25-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417025000099/tol-20251208.htm
  HTML page:      https://secwatch.observer/filing/0000794170-25-000099

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