Toll Brothers FY26 Q2 net income drops 26.05% to $260.6 million
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Toll Brothers reported a 26.1% decline in Q2 FY26 net income to $260.6 million, with diluted EPS at $2.72. Home sales revenues fell 7.4% to $2.51 billion, and deliveries dropped 14.1% to 2,491 homes. Despite a narrowing gross margin and increased SG&A, net signed contract value rose 8.1% to $2.81 billion. The company raised its full-year guidance for key homebuilding metrics.
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