Toll Brothers — Aug 18, 2026 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000794170-26-000096
Showing in the filing
SG&A, as a Percentage of Home Sales Revenues
“8.10 %”
Period
Q4 FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 18
Home Sales Revenues for FY2026
“approximately $10.5 billion”
Community Count Growth for FY2026
“8% to 10%”
Community Count Growth for FY2027
“similar growth”
Projected Share Repurchases for FY2026
“$700 million”
Deliveries for Q4 FY2026
“3,450 - 3,550”
Deliveries for FY2026
“10,500 - 10,600”
Average Delivered Price per Home for Q4 FY2026
“$995,000 - $1,005,000”
Average Delivered Price per Home for FY2026
“$995,000 - $1,000,000”
Adjusted Home Sales Gross Margin for Q4 FY2026
“26.00 %”
Adjusted Home Sales Gross Margin for FY2026
“26.10 %”
SG&A, as a Percentage of Home Sales Revenues for Q4 FY2026
“8.10 %”
SG&A, as a Percentage of Home Sales Revenues for FY2026
“10.10 %”
Period-End Community Count for Q4 FY2026
“480 - 490”
Other Income, Income from Unconsolidated Ent… for Q4 FY2026
“$30 million”
Other Income, Income from Unconsolidated Ent… for FY2026
“$120 million”
Tax Rate for Q4 FY2026
“26.0 %”
Tax Rate for FY2026
“25.2 %”
Adjusted Gross Margin for FY2026
“26.1%”
Exhibit 99.1 · the passage around this item
… earlier in the release
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 diluted Pre-Tax Income $374.8 million $499.5 million Pre-Tax Inventory Impairments included in Home Sales Costs of Revenues $17.7 million $23.3 million Home Sales Revenues $2.65 billion and 2,662 units $2.88 billion and 2,959 units Net Signed Contracts $2.52 billion and 2,508 units $2.41 billion and 2,388 units Net Signed Contracts per Community 5.4 units 5.6 units Quarter-End Backlog $6.24 billion and 5,312 units $6.38 billion and 5,492 units Average Price per Home in Backlog $1,174,400 $1,161,000 Home Sales Gross Margin 23.9% 25.6% Adjusted Home Sales Gross Margin 25.6% 27.5% 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 10.0% 8.8% Income from Operations $359.2 million, or 13.5% of total revenues $487.7
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.