Toll Brothers beat earnings and revenue expectations, with orders rising 7% in units and 8% in dollars, driven by community count growth from 421 to 459 while per-community sales remained flat. The move-up segment reached 62% of revenue, supported by 26.2% adjusted gross margins, $219k average design upgrades, and flat 8% incentives, as buyers showed resilience from wealth gains. Management raised full-year guidance, targeting 8-10% community growth alongside $650M in share repurchases, backed by $3.3B liquidity and the Buffington acquisition for Northwest Arkansas expansion.

Company: Toll Brothers, Inc. (TOL) — Q2 FY2026

🎙️ Want podcasts like this on any of 5,000+ companies? Podfolio turns earnings calls, filings, and market data into short, listenable briefings — and builds a bespoke daily podcast around your own portfolio and watc ...