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revenue $2.66B, net income $280.1M. Toll Brothers Q3 profit falls 24% on lower deliveries and higher impairments
Filed August 28, 2026 · Period ending July 31, 2026 · Compared to 10-Q Aug 28, 2025 · ~1 min read
Key Changes
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high
Net income fell 24.2% to $280.1M, with diluted EPS down 20.4% to $2.97, as home sales revenue declined 9.7% to $2.66B.
MD&A: Results verify on EDGAR → -
high
Operating income dropped 26% to $359.2M, driven by a 10% decline in home deliveries and higher costs.
MD&A: Operations verify on EDGAR → -
high
Impairment charges surged: $10.1M on land sales in Q3 vs $0.7M a year ago, plus $39.6M on rental property JVs.
MD&A: Impairments verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 31, 2026 · How we verify