NYSE$TOL

Toll Brothers Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Toll Brothers reported fiscal Q1 2026 revenue of $2.15B and net income of $210.9M.

First-quarter revenue was $2.15 billion, including $1.85 billion of home sales revenue. Net income was $210.9 million as deliveries and pricing remained resilient in a still-selective luxury housing market.

  • Q1 revenue $2.15B (+15% YoY total).
  • Home sales revenue $1.85B.
  • Net income $210.9M.
  • Backlog and community count support FY26 outlook.

Headline financials

Total Revenue

$2.15B

Previous: $1.86B+15.4%
EPS

$2.19

Previous: $1.75+25.1%
Avg Contract Price

$1.03M

Previous: $1M+3.3%
Avg delivered price

$977K

Previous: $925K+5.6%
Net signed contracts value

$2.38B

Previous: $2.31B+3.1%
Net signed contracts units

2.3K

Previous: 2.3K-0.2%
Backlog value

$6.02B

Previous: $6.94B-13.2%
Backlog units

5.1K

Previous: 6.3K-20.0%
Avg backlog price

$1.19M

Previous: $1.1M+8.5%
Deliveries

1.9K

Previous: 2.0K-4.6%
Capital Expenditures

-$18.9M

Previous: -$17.3M-8.9%
Free Cash Flow

-$11.6M

No prior period
Net Income

$211M

Previous: $178M+18.7%
Operating Income

$219M

Previous: $219M-0.0%
Gross Profit

$477M

Previous: $459M+3.9%
Cash & Equivalents

$1.2B

No prior period
Total Assets

$14.4B

No prior period

Revenue & EPS history

Toll Brothers · Revenue · Quarterly

$2.15B

Q1 2026+15.4%vs Q1 2025
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

Toll Brothers · $2.95B total across 5 segments · Q4 2023

  • Mountain
    $780M-19.7%
  • Pacific
    $710M-29.6%
  • South
    $660M+10.5%
  • North
    $412M-33.3%
  • Mid-Atlantic
    $388M+1.1%

Forward guidance

The release discusses Toll Brothers's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Toll Brothers cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

51%

35 / 68 earnings

Positive

+10.5%

Q3 2018

Best reaction

-19.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+9.9%+8.3%+25.5%
Q1 2026-2.5%-3.3%-19.4%
Q4 2025-2.4%+2.2%-0.5%
Q3 2025-0.7%+4.9%+5.7%
Q2 2025-0.4%-0.2%+3.6%
Q1 2025-5.9%-9.4%-13.0%
Q4 2024-5.5%-13.1%-17.6%
Q3 2024+5.5%+11.3%+14.6%
Q2 2024-9.0%-6.2%-11.7%
Q1 2024+5.3%+8.9%+23.8%
Q4 2023+1.9%+6.5%+13.2%
Q3 2023+5.1%+3.1%-1.9%
Q2 2023+0.6%+5.2%+17.2%
Q1 2023+0.5%+2.0%+1.9%
Q4 2022+5.6%+4.0%+11.3%
Q3 2022+1.5%+1.3%-7.6%
Q2 2022+2.9%+9.4%-4.9%
Q1 2022-9.4%-0.8%-8.4%
Q4 2021+2.3%+5.3%-3.2%
Q3 2021+7.2%+8.5%+0.9%
Q2 2021+6.3%+7.7%-6.1%
Q1 2021+4.3%-0.4%+4.8%
Q4 2020-5.4%-7.3%-11.6%
Q3 2020-1.3%-6.0%+3.9%
Q2 2020+7.0%+6.7%-2.7%
Q1 2020-19.5%-21.2%-52.9%
Q4 2019-3.6%-2.8%+1.1%
Q3 2019-3.2%-4.0%+7.5%
Q2 2019-2.4%-3.2%-0.2%
Q1 2019-2.6%-5.0%-2.4%
Q4 2018-1.0%-1.2%-1.0%
Q3 2018+10.5%+6.6%+3.3%
Q2 2018-8.5%-6.6%-14.3%
Q1 2018-7.8%-7.6%-9.0%
Q4 2017-7.9%-5.5%-1.0%
Q3 2017-2.0%-1.3%+4.1%
Q2 2017-0.2%-1.7%+2.3%
Q1 2017+6.2%+7.5%+12.1%
Q4 2016+7.0%+5.6%+4.6%
Q3 2016+5.8%+4.8%-0.4%
Q2 2016+7.3%+7.6%+1.8%
Q1 2016+3.1%
Q4 2015-9.8%
Q3 2015-5.5%
Q2 2015-1.4%
Q1 2015+3.8%
Q4 2014-7.6%
Q3 2014-5.4%
Q2 2014+2.1%
Q1 2014+1.5%
Q4 2013-2.4%
Q3 2013+2.6%
Q2 2013+4.4%
Q1 2013-6.6%
Q4 2012-5.6%
Q3 2012+2.5%
Q2 2012+2.1%
Q1 2012+1.3%
Q4 2011-2.7%
Q3 2011+0.2%
Q2 2011-2.0%
Q1 2010+2.8%
Q1 2011+1.6%
Q2 2010-0.2%
Q4 2008-0.2%
Q3 2010+1.6%
Q3 2009+1.6%
Q4 2009+1.6%

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