Toll Brothers, Inc.

For the period ended Jul 31, 2025. Filed Aug 28, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jul 31, 2025 · Filed Aug 28, 2025

TOL$152.19-2.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Amounts in thousands, except per share data)

	Three months ended July 31,		Nine months ended July 31,
	2025	2024	2025	2024
Revenues:
Home sales	$2,880,975	$2,724,472	$7,428,204	$7,303,328
Land sales and other	64,142	3,472	115,121	209,950
	2,945,117	2,727,944	7,543,325	7,513,278
Cost of revenues:
Home sales	2,142,768	1,977,162	5,526,466	5,339,671
Land sales and other	60,958	8,778	110,485	31,918
	2,203,726	1,985,940	5,636,951	5,371,589
Selling, general and administrative	253,672	244,813	749,846	712,557
Income from operations	487,719	497,191	1,156,528	1,429,132
Other:
(Loss) income from unconsolidated entities	(1,012)	(10,514)	1,734	(13,799)
Other income – net	12,793	16,950	40,123	49,234
Income before income taxes	499,500	503,627	1,198,385	1,464,567
Income tax provision	129,879	129,016	298,614	368,781
Net income	$369,621	$374,611	$899,771	$1,095,786
Other comprehensive loss – net of tax	(2,360)	(3,789)	(5,507)	(4,872)
Total comprehensive income	$367,261	$370,822	$894,264	$1,090,914
Per share:
Basic earnings	$3.76	$3.64	$9.02	$10.51
Diluted earnings	$3.73	$3.60	$8.95	$10.40
Weighted-average number of shares:
Basic	98,434	102,980	99,718	104,299
Diluted	99,170	104,014	100,529	105,361

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.