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Toll Brothers TOL Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Revenue by Business
Mid-Atlantic$413.57M+72.2%$240.15M$345.18M+46.0%
Mountain$568.68M+18.4%$480.35M$755.87M+35.8%
North$398.64M+43.2%$278.45M$378.49M+39.2%
Pacific$484.9M+23.4%$393.09M$492.18M+71.3%
South$666.27M+41.9%$469.55M$759.28M+49.7%
Total other income – net by Business
Mid-Atlantic$696K-85.4%$4.76M$503K-72.2%
Mountain-$218K-156%$386K$505K-62.7%
North$901K+2,716%$32K$753K+217%
Pacific$304K+25.1%$243K$579K+163%
South$552K+19.7%$461K$1.15M+102%
Income (loss) before income taxes by Business
Mid-Atlantic$72.97M+79.6%$40.62M$63.22M+89.1%
Mountain$86.07M+49.3%$57.63M$137.93M+70.8%
North$72.2M+82.3%$39.61M$82.17M+191%
Pacific$80.32M+5.7%$75.99M$89.7M+135%
South$114.82M+97.6%$58.1M$162.84M+80.1%
Income (loss) from operations by Business
Mid-Atlantic$72.27M+113%$33.98M$62.72M+98.3%
Mountain$86.2M+51.7%$56.81M$137.35M+72.2%
North$71.46M+101%$35.63M$74.81M+112%
Pacific$80.03M+5.2%$76.1M$89.71M+136%
South$110.94M+99.4%$55.64M$155.06M+83.0%
Cost of revenues by Business
Mid-Atlantic$312.88M+76.4%$177.4M$255.96M+42.8%
Mountain$442.88M+17.0%$378.57M$571.07M+33.4%
North$301.4M+42.0%$212.19M$280.57M+33.3%
Pacific$373.21M+32.7%$281.34M$370.64M+71.1%
South$495.56M+40.2%$353.46M$545.45M+49.9%
(Loss) income from unconsolidated entities by Business
Mid-Atlantic$0-100%$1.88M-$1K+83.3%
Mountain$90K-79.3%$434K$79K+122%
North-$163K-104%$3.95M$6.6M+202%
Pacific-$14K+96.1%-$359K-$587K-912%
South$3.33M+66.7%$2M$6.63M+30.2%
SG&A by Business
Mid-Atlantic$28.42M-1.3%$28.78M$26.5M+3.2%
Mountain$39.61M-11.9%$44.97M$47.46M-2.6%
North$25.78M-15.8%$30.63M$23.11M-11.2%
Pacific$31.67M-11.2%$35.65M$31.83M-2.8%
South$59.78M-1.1%$60.45M$58.77M+0.5%
Carrying value of consolidated VIEs assets by Business
Mid-Atlantic$1.9B+3.6%$1.84B+8.2%$1.7B
Mountain$2.99B+2.0%$2.93B-0.6%$2.95B
North$1.62B+1.8%$1.59B+1.5%$1.57B
Pacific$2.8B+0.1%$2.8B+8.4%$2.59B
South$3.1B+1.5%$3.06B+5.1%$2.91B
Inventory write-down by Business
Mid-Atlantic$8.74M+1,161%$693K-83.6%$4.24M-50.4%$8.54M+2,766%$298K-92.1%
Mountain$3.42M-43.0%$5.99M+1,761%$322K-34.9%$495K-93.2%$7.3M-2.6%
North$506K+2,200%$22K-90.9%$243K-23.1%$316K-45.5%$580K+183%
Pacific$16.97M+363%$3.67M-55.3%$8.2M+50.7%$5.44M+444%$1M+68.9%
South$2.84M+119%$1.3M-61.6%$3.39M-60.3%$8.52M+1,275%$620K-85.8%
Revenue by Product
Home sales$2.51B+35.5%$1.86B-45.7%$3.41B+18.5%$2.88B+6.4%$2.71B+47.0%
Land sales and other$18.77M-93.5%$290.64M+2,992%$9.4M-85.3%$64.14M+96.6%$32.62M+77.7%
Cost of revenues by Product
Home sales$1.91B+37.1%$1.4B-45.1%$2.54B+18.7%$2.14B+7.0%$2B+44.9%
Land sales and other$13.37M-95.1%$273.17M+747%$32.26M-47.1%$60.96M+94.0%$31.42M+73.5%
Real Estate Inventory, Capitalized Interest Costs, Cost of Sales by Product
Home sales$27.42M+36.5%$20.08M-46.5%$37.54M+24.4%$30.16M-0.5%$30.31M+51.0%
Land sales and other$207K$0-100%$32K-98.1%$1.71M+174%$624K+4,060%

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Questions, answered.

How does Toll Brothers break its business down?
Toll Brothers (TOL) reports revenue by business across 5 parts — Mid-Atlantic, Mountain, North, Pacific and South. Each is extracted from the segment footnotes and tracked over time.
Where does Toll Brothers's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Toll Brothers's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.