secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2026-08-18T20:46:57+00:00
Accession:  0000794170-26-000096
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers Q3 FY2026 EPS $2.97, revenue $2.65B, down YoY; reaffirms FY guidance
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417026000096/0000794170-26-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417026000096/tol-20260818.htm
  HTML page:      https://secwatch.observer/filing/0000794170-26-000096

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