HighGravityDataToll 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
Operating Cash Flows
“significant operating cash flows”
Period
FY2026
Measure
GAAP-tied
Source
Prose
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
“At the end of the first quarter, we owned or controlled approximately 75,000 lots, providing us with sufficient land to continue growing community count at an annual pace of 8% to 10% in fiscal 2026 and beyond. Our balance sheet is solid with low net debt and ample liquidity, and we project significant operating cash flows in fiscal 2026. This will enable us to continue investing in our business while delivering strong returns to our stockholders. “Last month, Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies, the ninth year the Company has achieved this honor. 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 Inventor
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.