Toll Brothers — May 19, 2026 release

“In our second quarter, we repurchased $175 million of common stock, bringing our year-to-date total to $226 million, and we raised our quarterly dividend. In addition, we increased community count by 9% year-over-year and control sufficient land for continued 8% to 10% growth in 2027 and beyond. With a strong balance sheet, attractive margins and significant operating cash flows, we are well positioned to invest in the growth of our business and deliver strong returns to stockholders.” Third Quarter and FY 2026 Financial Guidance: Third Quarter Full Fiscal Year Deliveries 2,600 - 2,700 units 10,400 - 10,700 units Average Delivered Price per Home $965,000 -$985,000 $985,000 -$1,000,000 Adjusted Home Sales Gross Margin 25.25  % 26.10  % SG&A, as a Percentage of Home Sales Revenues 10.0  % 10.10  % Period-End Community Count 475 480 - 490 Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $5 million $120 million Tax Rate 26.0  % 25.5  % Financial Highlights for the three months ended April 30, 2026 and 2025 (unaudited): 2026 2025 Net Income $260.6 million, or $2.72 per share diluted $352.4 million, or $3.50 per share diluted Pre-Tax Income $350.4 million $477.5 million Pre-Tax Inventory Impairments included in Home Sales Costs of Revenues $32.5 million $9.8 million Home Sales Revenues $2.51 billion and 2,491 units $2.71 billion and 2,899 units Net Signed Contracts $2.81 billion and 2,834 units $2.60 billio