Toll Brothers Q1 FY2026 EPS $2.19, revenue $1.85B, beats guidance on margins and earnings

Toll Brothers, Inc.

2026-Q1 EPS reported $2.19 vs consensus $2.13 ▲ beat (+2.6%)

Net income $210.9M ($2.19 diluted EPS) vs $177.7M ($1.75) in prior year, EPS up 25%.
Home sales revenue $1.85B on 1,899 homes; adjusted gross margin 26.5% beat guidance by 25 bps.
Net signed contracts $2.38B (2,303 units), up 3% in value; backlog $6.02B (5,051 homes).
Completed sale of ~half of Apartment Living portfolio to Kennedy Wilson for ~$330M net cash.
Q2 guidance: deliveries 2,400-2,500, adjusted gross margin 25.5%; full-year guidance maintained.

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