Toll Brothers reported third-quarter fiscal 2026 results for the period ended July 31, 2026, with net income of $280.1 million and diluted earnings per share of $2.97, down from $369.6 million and $3.73 in the prior year. Home sales revenues decreased to $2.65 billion from $2.88 billion as deliveries fell to 2,662 units from 2,959. Net signed contract value rose 5% to $2.52 billion with 2,508 contracted homes, while the backlog stood at $6.24 billion (5,312 homes). Adjusted home sales gross margin was 25.6%, and SG&A expenses were 10.0% of revenue. The company repurchased approximately 1.4 million shares for $206.8 million and increased its full-year fiscal 2026 share repurchase guidance from $650 million to $700 million, while reaffirming full-year home sales revenue guidance of approximately $10.5 billion. Toll Brothers is the nation’s leading builder of luxury homes.