Toll Brothers — Aug 18, 2026 release

“In the third quarter, we returned $231 million to stockholders through share repurchases and dividends, bringing our year-to-date total to $506 million. At the same time, we continued to invest in the growth of our business through disciplined land investments. We remain on track to grow community count by 8% to 10% in fiscal 2026 and our existing land position supports similar growth in fiscal 2027 and beyond. “Our balance sheet remains very strong, with ample liquidity, low leverage and substantial operating cash flows. This financial strength enables us to continue to invest in growth opportunities while returning capital to stockholders and driving long-term value creation. Consistent with this strategy, we are increasing our projected share repurchases for fiscal 2026 from $650 million to $700 million” Fourth Quarter and FY 2026 Financial Guidance: Fourth Quarter Full Fiscal Year Deliveries 3,450 - 3,550 units 10,500 - 10,600 units Average Delivered Price per Home $995,000 - $1,005,000 $995,000 - $1,000,000 Adjusted Home Sales Gross Margin 26.00  % 26.10  % SG&A, as a Percentage of Home Sales Revenues 8.10  % 10.10  % Period-End Community Count 480 - 490 480 - 490 Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $30 million $120 million Tax Rate 26.0  % 25.2  % Financial Highlights for the three months ended July 31, 2026 and 2025 (unaudited): 2026 2025 Net Income $280.1 million, or $2.97 per share diluted $369.6 million, or $3.73 per share di