secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0000794170-26-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417026000050/0000794170-26-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417026000050/tol-20260217.htm
  HTML page:      https://secwatch.observer/filing/0000794170-26-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer