Toll Brothers — Aug 18, 2026 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 million, or 16.6% of total revenues Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $6.0 million $15.0 million Other Pre-Tax Impairments: Included in Land Sales and Other Cost of Revenues $10.1 million $0.7 million Included in Other Income - Net $0.1 million $0.1 million Included in Income (loss) from Unconsolidated Entities $39.6 million $— million Quarterly Cancellations as a Percentage of Beginning-Quarter Backlog 2.6  % 3.2  % Quarterly Cancellations as a Percentage of Signed Contracts in Quarter 5.4  % 7.5  % 2 Financial Highlights for the nine months ended July 31, 2026 and 2025 (unaudited): 2026 2025 Net Income $751.7 million, or $7.87 per share diluted $899.8 million, or $8.95 per share diluted Pre-Tax Income $998.7 million $1.20 billion Pre-Tax Inventory Impairments included in Home Sales Costs of Revenues $61.8 million $49.5 million Home Sales Revenues $7.02 billion and 7,052 units $7.43 billion and 7,849 units Net Signed Contracts $7.70 billion and 7,645 units $7.32 billion and 7,345 units Home Sales Gross Margin 24.1  % 25.6  % Adjusted Home Sales Gross Margin 26.1  % 27.4  % 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 11.1% 10.1% Income from Operations $924.8 million, or 12.6% of total revenues $1.16 billion, or 15.3% of total revenues Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $87.2 million $46.5 million Other Pre-Tax Impairments: Included in Land Sales and Other Cost of Revenues $13.7 million $2.6 million Included in Other Income - Net $0.1 million $4.5 million Included in (Loss) Income from Unconsolidated Entities $97.4 million $— million Additional Information: • The Company ended its FY 2026 third quarter with $1.06 billion in cash and cash equivalents, compared to $1.26 billion at FYE 2025 and $1.11 billion at FY 2026’s second quarter. At FY 2026 third quarter end, the Company also had $2.24 billion available under its $2.38 billion senior unsecured revolving credit facility . • On July 24, 2026, the Company paid its quarterly dividend of $0.26 per share to shareholders of record at the close of business on July 10, 2026. • Stockholders’ equity at FY 2026 third quarter end was $8.53