Toll Brothers Q2 FY2026 net income fell 26% YoY to $260.6M despite raising full-year guidance

Toll Brothers reported Q2 net income of $260.6 million and EPS of $2.72, down from $352.4 million and $3.50 in the prior year, with home sales revenues declining to $2.51 billion and delivered homes dropping to 2,491 units. The company raised full-year guidance citing strong order growth of 7% in units and 8% in dollars, with net signed contract value reaching $2.81 billion and adjusted gross margins at 26.2%.