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Toro Company TTC Operating Income

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Other financials

Income statement

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Revenue$1.4B+8.1%
Gross profit$482.7M+10.5%
Net income$145.4M+6.3%
EPS (diluted)$1.50+9.5%

Balance sheet

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Cash & equivalents$180.4M+2.2%
Total debt$1.1B-6.2%
Total equity$1.4B-7.3%
Total assets$3.7B-2.2%

Cash flow

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Operating cash flow$267.4M+55.7%
CapEx$16.5M-14.5%
Free cash flow$250.9M+64.6%

Valuation

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Market cap$9.44B+28.4%
Enterprise value$10.39B+25.4%
P/E27.8×+5.7×
P/S+0.4×

Profitability

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Gross margin33.3%-0.2pp
Operating margin9.4%-1.8pp
Net margin7.3%-1.5pp
FCF margin16.3%+6.3pp

Returns & leverage

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Return on equity23.9%-1.6pp
Debt / equity0.8×0.0×
Current ratio1.6×-0.3×

Where this comes from

Reported directly by Toro Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Toro Company’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 12:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000737758-26-000018
Line itemThree Months Ended / May 1, 2026Three Months Ended / May 2, 2025Six Months Ended / May 1, 2026Six Months Ended / May 2, 2025
Cost of sales942.0881.21,641.81,540.6
Gross profit482.7436.7819.2772.3
Selling, general and administrative expense287.7261.9537.1519.7
Operating earnings195.0174.8282.1252.6
Interest expense(14.8)(15.8)(29.0)(30.8)
Other income, net3.29.717.213.0
Earnings before income taxes183.4168.7270.3234.8
Income tax provision38.031.957.045.2

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toro Company's operating income?
Toro Company (TTC) reported operating income of $195M in Q1 2026.
How has Toro Company's operating income changed year-over-year?
Toro Company's operating income increased by 11.6% year-over-year, from $174.8M to $195M.
What is the long-term trend for Toro Company's operating income?
Over 4 years (2021 to 2025), Toro Company's operating income has grown at a -5.7% compound annual growth rate (CAGR), from $518.3M to $409.9M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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