The financials
The Toro Company by the numbers
The Toro Company (TTC) reported revenue of $1.42B in Q2 2026 (quarter ended May 1, 2026), up 8.1% from the same quarter a year earlier. That came with a gross margin of 34% and net income of $145M (10% of revenue). For the full year FY2025, revenue was $4.51B (−1.6% year on year) and net income $316M. Its largest product in 2026-Q2 was Equipment Products And Services at $989M, 89% of the disclosed total, just ahead of Irrigation at 11%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.42B | $1.32B | +8.1% |
| Gross profit | $483M | $437M | +11% |
| Operating income | $195M | $175M | +12% |
| Net income | $145M | $137M | +6.3% |
| Diluted EPS | $1.50 | $1.37 | +9.5% |
| Product | Revenue | Share |
|---|---|---|
| Equipment Products And Services | $989M | 89% |
| Irrigation | $118M | 11% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.11B (+34%)
Equipment Products And Services grew +11% year on yearIrrigation -3.2% year on year
Segment Latestquarter on quarteryear on year
- Equipment Products And Services$988.7M$988.7MQoQ +37%year on year +11%+37%+11%
- Irrigation$117.9M$117.9MQoQ +18%year on year -3.2%+18%-3.2%
Tools & Accessories
Ranks #2 of 8 by Smart Score