$TOL

Toll Brothers, Inc. 3Q FY2026: Revenue $2.66B, EPS $2.97— 10-Q Summary

Toll Brothers reported 3Q FY2026 revenue of $2.66B, down 9.8% YoY, and EPS of $2.97, down 20.3% YoY. Home deliveries fell 10% while average prices rose 2%. Management expects near-term demand softness but sees long-term fundamentals as positive.

Original reporting
Published Aug 28, 2026, 8:31 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 29, 2026, 4:18 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Toll Brothers, Inc. 3Q FY2026: Revenue $2.66B, EPS $2.97— 10-Q Summary — source image
Decision brief

The 30-second read

$TOLBearishHigh
01

Why it matters

Earnings miss may trigger a sell‑off, but ancillary revenue streams provide a cushion.

02

Market read

First‑report earnings release for a mid‑cap homebuilder; material for traders.

03

What to watch

Ancillary businesses (mortgage, smart‑home services) showed momentum and could offset core weakness.

Relevance 8/10Novelty 9/10Timing: after‑hours release

Background

Toll Brothers is a leading U.S. homebuilder; the quarter ended July 31, 2026.

Company-level read

Ticker impact

$TOLBearishHigh confidence
Context

Toll Brothers reported Q3 FY2026 revenue of $2.659B and diluted EPS of $2.97, both down YoY.

Expected impact

Potential short‑term price decline as investors price in softer demand.

Evidence & confidence

The decline in revenue (-9.8%) and EPS (-20.3%) is material for a mid‑cap builder; markets typically react negatively to such misses.

Market effects

Homebuilding sector may face broader pressure as demand softens, affecting peers.

U.S. residential construction outlook weakened, could temper regional housing indices.

Limited to U.S. housing market; minimal direct global impact.

Counterpoint

If the company can leverage lower margins to boost volume, the dip may be temporary.

Key entities

  • Toll Brothers, Inc.

    U.S. homebuilder reporting Q3 FY2026 results.

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Toll Brothers (TOL) Q3 2026 Earnings Call Transcript

Toll Brothers (TOL) reported Q3 2026 earnings, highlighting a 5% increase in net agreements and $2.5B in sales. The company maintained strong margins and reaffirmed full-year guidance, including $10.5B in home sales revenue. TOL returned $231M to shareholders and increased its stock repurchase projection to $700M. The luxury move-up segment drove growth, with 61% of revenue. The company's financial strength and strategic land investments support continued growth.

$DHIMed

New-home sales decline to lowest level since January

US new-home sales fell 10.5% in July to a 607,000 annual rate, below economist expectations. Median home price dropped 0.9% to $393,800. DR Horton expects lower sales, while Toll Brothers saw contract increases. Inventory decreased 1.6% to 488,000 homes. Sales varied regionally, with declines in the South and Midwest. Data is volatile but seen as a timely market indicator.