The financials
Toll Brothers, Inc. by the numbers
Toll Brothers, Inc. (TOL) reported revenue of $2.53B in Q2 2026 (quarter ended April 30, 2026), down 7.6% from the same quarter a year earlier. That came with a gross margin of 24% and net income of $261M (10% of revenue). For the full year FY2025, revenue was $11.0B (+1.1% year on year) and net income $1.35B. Its largest segment in 2026-Q2 was South at $661M, 26% of the disclosed total, just ahead of Mountain at 22%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.53B | $2.74B | −7.6% |
| Gross profit | $605M | $705M | −14% |
| Operating income | $347M | $450M | −23% |
| Net income | $261M | $352M | −26% |
| Diluted EPS | $2.72 | $3.50 | −22% |
| Operating | Revenue | Share |
|---|---|---|
| South | $661M | 26% |
| Mountain | $565M | 22% |
| Pacific | $485M | 19% |
| Mid Atlantic | $413M | 16% |
| North | $389M | 15% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.51B (+35%)
Mid Atlantic grew +28% year on yearMountain -25% year on year
Segment Latestquarter on quarteryear on year
- South$661.4M$661.4MQoQ +41%year on year -13%+41%-13%
- Mountain$565.1M$565.1MQoQ +19%year on year -25%+19%-25%
- Pacific$484.9M$484.9MQoQ +23%year on year -1.5%+23%-1.5%
- Mid Atlantic$413.3M$413.3MQoQ +74%year on year +28%+74%+28%
- North$388.5M$388.5MQoQ +40%year on year +2.6%+40%+2.6%
- Traditional Homebuilding--QoQ -year on year ---
Residential Construction
Ranks #6 of 14 by Smart Score