earnings
confidence high
sentiment neutral
materiality 0.80
Toll Brothers Q3 FY2026 EPS $2.97, revenue $2.65B, down YoY; reaffirms FY guidance
Toll Brothers, Inc.
- Q3 net income $280.1M ($2.97 diluted EPS) vs $369.6M ($3.73) a year ago; home sales revenue $2.65B vs $2.88B.
- Adjusted home sales gross margin 25.6% vs 27.5% YoY; SG&A as % of revenue 10.0% vs 8.8%.
- Net signed contracts $2.52B (+5% YoY); backlog $6.24B with 5,312 homes.
- Reaffirms FY2026 guidance: ~$10.5B home sales revenue, adjusted gross margin 26.1%; raises buyback target to $700M from $650M.
- Q4 guidance: deliveries 3,450-3,550 units, avg price $995k-$1,005k, adjusted gross margin 26.0%.