Toll Brothers — Dec 8, 2025 release

Combined with our tremendous luxury brand, solid balance sheet, healthy liquidity and premier land holdings, we are well positioned to deliver strong financial results, achieve long-term growth and continue returning capital to stockholders.” First Quarter and FY 2026 Financial Guidance: First Quarter Full Fiscal Year Deliveries 1,800 - 1,900 units 10,300 - 10,700 units Average Delivered Price per Home $985,000 to $995,000 $970,000 to $990,000 Adjusted Home Sales Gross Margin 26.25  % 26.00  % SG&A, as a Percentage of Home Sales Revenues 14.2  % 10.25  % Period-End Community Count 445 480 - 490 Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $70 million $130 million Tax Rate 23.2  % 25.5  % Financial Highlights for the three months ended October 31, 2025 and 2024 (unaudited): 2025 2024 Net Income $446.7 million, or $4.58 per share diluted $475.4 million, or $4.63 per share diluted Pre-Tax Income $593.0 million $621.1 million Pre-Tax Inventory Impairments included in Home Sales Costs of Revenues $16.4 million $24.1 million Home Sales Revenues $3.41 billion and 3,443 units $3.26 billion and 3,431 units Net Signed Contracts $2.53 billion and 2,598 units $2.66 billion and 2,658 units Net Signed Contracts per Community 6.0 units 6.5 units Quarter-End Backlog $5.49 billion and 4,647 units $6.47 billion and 5,996 units Average Price per Home in Backlog $1,182,300 $1,078,700 Home Sales Gross Margin 25.5% 26.0% Adjusted Home Sales Gross Margin 27.1% 27.9% Interest Included in Home Sales Cost of Revenues, as a percentage of Home Sales Revenues 1.1  % 1.2  % SG&A, as a percentage of Home Sales Revenues 8.3% 8.3% Income from Operations $564.1 million, or 16.5% of total revenues $611.1 mi