Toll Brothers — Feb 17, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000794170-26-000050
Showing in the filing
Period-End Community Count
“480 - 490”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 17
Apartment Living Portfolio Exit
“intends to exit the multi-family development business by selling its remaining Apartment Living assets”
Community Count Growth Rate for FY2026
“8% to 10%”
Operating Cash Flows for FY2026
“significant operating cash flows”
Deliveries for Q2 FY2026
“2,400 - 2,500”
Deliveries for FY2026
“10,300 - 10,700”
Average Delivered Price per Home for Q2 FY2026
“$975,000 - $985,000”
Average Delivered Price per Home for FY2026
“$970,000 - $990,000”
Adjusted Home Sales Gross Margin for Q2 FY2026
“25.50 %”
Adjusted Home Sales Gross Margin for FY2026
“26.00 %”
SG&A, as a Percentage of Home Sales Revenues for Q2 FY2026
“10.7 %”
SG&A, as a Percentage of Home Sales Revenues for FY2026
“10.25 %”
Period-End Community Count for Q2 FY2026
“455”
Period-End Community Count for FY2026
“480 - 490”
Other Income, Income from Unconsolidated Ent… for Q2 FY2026
“$— million”
Other Income, Income from Unconsolidated Ent… for FY2026
“$130 million”
Tax Rate for Q2 FY2026
“26.0 %”
Tax Rate for FY2026
“25.5 %”
Exhibit 99.1 · the passage around this item
… earlier in the release
It is a recognition of our strong luxury brand and the tremendous talent and hard work of our Toll Brothers employees.” Second Quarter and FY 2026 Financial Guidance: Second Quarter Full Fiscal Year Deliveries 2,400 - 2,500 units 10,300 - 10,700 units Average Delivered Price per Home $975,000 - $985,000 $970,000 - $990,000 Adjusted Home Sales Gross Margin 25.50 % 26.00 % SG&A, as a Percentage of Home Sales Revenues 10.7 % 10.25 % Period-End Community Count 455 480 - 490 Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $— million $130 million Tax Rate 26.0 % 25.5 % 2 Financial Highlights for the three months ended January 31, 2026 and 2025 (unaudited): 2026 2025 Net Income $210.9 million, or $2.19 per share diluted $177.7 million, or $1.75 per share diluted Pre-Tax Income $273.6 million $221.4 million Pre-Tax Inventory Impairments included in Home Sales Costs of Revenues $11.7 million $16.4 million Home Sales Revenues $1.85 billion and 1,899 units $1.84 billion and 1,991 units Net Signed Contracts $2.38 billion and 2,303 units $2.31 billion and 2,307 units Net Signed Contracts per Community 5.3 units 5.7 units Quarter-End Backlog $6.02 billion and 5,051 units $6.94 billion and 6,312 units Average Price per Home in Backlog $1,192,300 $1,099,200 Home Sales Gross Margin 24.8 % 25.0 % Adjusted Home Sales Gross Margin 26.5 % 26.9 % Interest Included in Home Sales Cost of Revenues, as a percentage of Home Sales Revenues 1.1 % 1.1 % SG&A, as a percentage of Home Sales Revenues 13.9% 13.1% Income from Operations $219.1 million, or 10.2% of total revenues $219.1 million, or 11.8% of total revenues Other
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.