Toll Brothers, Inc. (TOL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 2.53B | 2.15B | 3.42B | 2.95B | 2.74B | 1.86B | 3.33B | 2.73B | 2.84B | 1.95B | 3.02B | 2.69B | 2.51B | 1.78B | 3.71B | 2.49B | 2.28B | 1.79B | 3.04B | 2.26B |
| Revenue Growth % | -7.59% | 15.41% | 2.7% | 7.96% | -3.47% | -4.55% | 10.37% | 1.5% | 13.18% | 9.42% | -18.64% | 7.73% | 10.07% | -0.61% | 22.05% | 10.61% | 18% | 14.56% | 19.47% | 36.57% |
| Cost of Goods Sold | 1.93B | 1.66B | 2.53B | 2.18B | 2.03B | 1.4B | 2.45B | 1.99B | 1.98B | 1.41B | 2.22B | 1.94B | 1.85B | 1.34B | 2.75B | 1.9B | 1.75B | 1.39B | 2.34B | 1.74B |
| COGS % of Revenue | 76.1% | 77.16% | 74.04% | 74.01% | 74.25% | 75.3% | 73.58% | 72.8% | 69.7% | 72.28% | 73.51% | 72.31% | 73.94% | 75.46% | 74.01% | 76.17% | 76.94% | 77.56% | 77.02% | 77.36% |
| Gross Profit | 604.89M | 490.06M | 888.55M | 765.43M | 705.44M | 459.3M | 880.79M | 742M | 859.71M | 539.93M | 800.02M | 744.12M | 653.25M | 436.81M | 964.61M | 594.54M | 525.29M | 401.94M | 698.86M | 510.65M |
| Gross Margin % | 23.9% | 22.84% | 25.96% | 25.99% | 25.75% | 24.7% | 26.42% | 27.2% | 30.3% | 27.72% | 26.49% | 27.69% | 26.06% | 24.54% | 25.99% | 23.83% | 23.06% | 22.44% | 22.98% | 22.64% |
| Gross Profit Growth % | -14.25% | 6.7% | 0.88% | 3.16% | -17.94% | -14.93% | 10.1% | -0.28% | 31.6% | 23.61% | -17.06% | 25.16% | 24.36% | 8.68% | 38.03% | 16.43% | 30.17% | 21.85% | 37.88% | 64.57% |
| Operating Expenses | 258.25M | 271M | 324.46M | 277.71M | 255.76M | 240.41M | 269.73M | 244.81M | 237.7M | 230.05M | 241.41M | 229M | 227.54M | 211.5M | 274.38M | 232.87M | 243.64M | 226.87M | 258.2M | 233.91M |
| OpEx % of Revenue | 10.2% | 12.63% | 9.48% | 9.43% | 9.34% | 12.93% | 8.09% | 8.97% | 8.38% | 11.81% | 7.99% | 8.52% | 9.08% | 11.88% | 7.39% | 9.33% | 10.7% | 12.67% | 8.49% | 10.37% |
| Selling, General & Admin | 258.25M | 257.94M | 283.78M | 253.67M | 255.76M | 240.41M | 269.73M | 244.81M | 237.7M | 230.05M | 241.41M | 229M | 227.54M | 211.5M | 274.38M | 232.87M | 243.64M | 226.87M | 258.2M | 233.91M |
| SG&A % of Revenue | 10.2% | 12.02% | 8.29% | 8.61% | 9.34% | 12.93% | 8.09% | 8.97% | 8.38% | 11.81% | 7.99% | 8.52% | 9.08% | 11.88% | 7.39% | 9.33% | 10.7% | 12.67% | 8.49% | 10.37% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 346.64M | 219.06M | 564.09M | 487.72M | 449.68M | 219.13M | 611.05M | 497.19M | 623.53M | 308.42M | 558.62M | 515.11M | 425.71M | 225.31M | 690.23M | 361.67M | 281.66M | 175.07M | 440.66M | 276.73M |
| Operating Margin % | 13.69% | 10.21% | 16.48% | 16.56% | 16.42% | 11.79% | 18.33% | 18.23% | 21.97% | 15.83% | 18.5% | 19.17% | 16.98% | 12.66% | 18.59% | 14.5% | 12.37% | 9.77% | 14.49% | 12.27% |
| Operating Income Growth % | -22.91% | -0.03% | -7.69% | -1.91% | -27.88% | -28.95% | 9.39% | -3.48% | 46.47% | 36.88% | -19.07% | 42.42% | 51.15% | 28.7% | 56.63% | 30.69% | 52.77% | 46.98% | 69.11% | 84.93% |
| EBITDA | 350.36M | 235.29M | 585.89M | 510.06M | 470.45M | 236.3M | 636.83M | 517.34M | 642.67M | 324.56M | 580.84M | 535.27M | 444.32M | 240.8M | 713.78M | 381.4M | 300.51M | 189.75M | 462.98M | 297.49M |
| EBITDA Margin % | 13.84% | 10.97% | 17.11% | 17.32% | 17.18% | 12.71% | 19.1% | 18.96% | 22.65% | 16.66% | 19.23% | 19.92% | 17.72% | 13.53% | 19.23% | 15.29% | 13.19% | 10.59% | 15.22% | 13.19% |
| EBITDA Growth % | -25.53% | -0.43% | -8% | -1.41% | -26.8% | -27.19% | 9.64% | -3.35% | 44.64% | 34.79% | -18.62% | 40.34% | 47.85% | 26.9% | 54.17% | 28.21% | 49.75% | 39.53% | 63.74% | 79.15% |
| D&A (Non-Cash Add-back) | 0 | 16.24M | 21.81M | 22.34M | 20.77M | 17.16M | 25.77M | 20.14M | 19.14M | 16.14M | 22.22M | 20.16M | 18.61M | 15.48M | 23.55M | 19.73M | 18.86M | 14.68M | 22.31M | 20.76M |
| EBIT | 350.36M | 273.57M | 590.27M | 499.36M | 449.68M | 219.13M | 611.05M | 497.19M | 623.53M | 308.42M | 558.62M | 515.11M | 425.71M | 225.31M | 690.23M | 361.67M | 281.66M | 175.07M | 451.65M | 276.73M |
| Net Interest Income | 0 | 8.92M | 39.85M | 16.02M | 7.05M | 8.97M | 9.99M | 9.03M | 9.01M | 10.47M | 12.95M | 8.11M | 6.76M | 7.32M | 0 | 375K | 0 | 1.56M | 2.01M | 748K |
| Interest Income | 0 | 8.92M | 39.85M | 16.02M | 7.05M | 8.97M | 9.99M | 9.03M | 9.01M | 10.47M | 12.95M | 8.11M | 6.76M | 7.32M | 0 | 375K | 0 | 1.56M | 2.01M | 748K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 3.72M | 54.52M | 28.9M | 11.78M | 27.82M | 2.25M | 10.02M | 6.44M | 26.25M | 2.75M | 46.35M | 37.91M | 4.88M | 28.48M | 150.92M | 4.28M | 14.16M | 25.75M | 59.02M | 26.66M |
| Pretax Income | 350.36M | 273.57M | 592.99M | 499.5M | 477.5M | 221.38M | 621.07M | 503.63M | 649.78M | 311.16M | 604.97M | 553.02M | 430.59M | 253.8M | 841.14M | 365.95M | 295.81M | 200.82M | 499.69M | 303.39M |
| Pretax Margin % | 13.84% | 12.75% | 17.32% | 16.96% | 17.43% | 11.91% | 18.63% | 18.46% | 22.9% | 15.97% | 20.03% | 20.58% | 17.18% | 14.26% | 22.66% | 14.67% | 12.99% | 11.21% | 16.43% | 13.45% |
| Income Tax | 89.77M | 62.64M | 146.27M | 129.88M | 125.06M | 43.68M | 145.66M | 129.02M | 168.16M | 71.6M | 159.43M | 138.23M | 110.38M | 62.27M | 200.61M | 92.48M | 75.22M | 48.91M | 125.36M | 68.46M |
| Effective Tax Rate % | 25.62% | 22.9% | 24.67% | 26% | 26.19% | 19.73% | 23.45% | 25.62% | 25.88% | 23.01% | 26.35% | 25% | 25.63% | 24.53% | 23.85% | 25.27% | 25.43% | 24.36% | 25.09% | 22.57% |
| Net Income | 260.59M | 210.93M | 446.72M | 369.62M | 352.45M | 177.7M | 475.41M | 374.61M | 481.62M | 239.56M | 445.54M | 414.79M | 320.22M | 191.53M | 640.54M | 273.47M | 220.59M | 151.9M | 374.33M | 234.93M |
| Net Margin % | 10.29% | 9.83% | 13.05% | 12.55% | 12.87% | 9.56% | 14.26% | 13.73% | 16.97% | 12.3% | 14.75% | 15.43% | 12.77% | 10.76% | 17.26% | 10.96% | 9.69% | 8.48% | 12.31% | 10.42% |
| Net Income Growth % | -26.06% | 18.7% | -6.04% | -1.33% | -26.82% | -25.82% | 6.71% | -9.69% | 50.4% | 25.08% | -30.44% | 51.68% | 45.16% | 26.09% | 71.12% | 16.4% | 72.52% | 57.42% | 87.81% | 104.71% |
| Net Income (Continuing) | 260.59M | 210.93M | 446.72M | 369.62M | 352.45M | 177.7M | 475.41M | 374.61M | 481.62M | 239.56M | 445.54M | 414.79M | 320.22M | 191.53M | 640.54M | 273.47M | 220.59M | 151.9M | 374.33M | 234.93M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 10.84M | 10.83M | 15.4M | 15.63M | 15.69M | 15.89M | 15.79M | 16.18M | 16.22M | 16.37M | 16.05M | 17.09M | 15.51M | 15.65M | 15.75M | 15.77M | 15.77M | 45.58M | 45.43M | 48.99M |
| EPS (Diluted) | 2.72 | 2.19 | 4.58 | 3.73 | 3.50 | 1.75 | 4.63 | 3.60 | 4.55 | 2.25 | 4.11 | 3.73 | 2.85 | 1.71 | 5.63 | 2.35 | 1.85 | 1.24 | 3.02 | 1.87 |
| EPS Growth % | -22.29% | 25.14% | -1.08% | 3.61% | -23.08% | -22.22% | 12.65% | -3.49% | 59.65% | 31.58% | -27% | 58.72% | 54.05% | 37.9% | 86.42% | 25.67% | 83.17% | 63.16% | 94.84% | 107.78% |
| EPS (Basic) | 2.74 | 2.20 | 4.62 | 3.76 | 3.53 | 1.76 | 4.67 | 3.64 | 4.60 | 2.28 | 4.15 | 3.77 | 2.88 | 1.72 | 5.67 | 2.37 | 1.87 | 1.26 | 3.06 | 1.90 |
| Diluted Shares Outstanding | 95.75M | 96.5M | 97.53M | 100.53M | 100.58M | 101.83M | 102.68M | 104.01M | 105.8M | 106.27M | 108.39M | 111.12M | 112.18M | 112.34M | 113.79M | 116.33M | 118.92M | 122.86M | 124.06M | 125.61M |
| Basic Shares Outstanding | 95.14M | 95.7M | 96.76M | 99.72M | 99.89M | 100.83M | 101.72M | 102.98M | 104.79M | 105.12M | 107.47M | 110M | 111.21M | 111.4M | 112.91M | 115.33M | 117.84M | 121M | 122.22M | 123.83M |
| Dividend Payout Ratio | - | 11.85% | 5.32% | 6.56% | 6.99% | 13.74% | 4.85% | 6.21% | 4.94% | 9.71% | 4.94% | 5.49% | 7.32% | 11.94% | 3.43% | 8.3% | 10.51% | 13.88% | 5.48% | 8.87% |