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Segments

By segment

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Professional$195.5M+8.5%
Residential$36.3M-3.7%

Other financials

Income statement

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Revenue$1.4B+8.1%
Gross profit$482.7M+10.5%
Operating income$195.0M+11.6%
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$9.42B+28.4%
Enterprise value$10.38B+25.4%
P/E27.7×+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:SellingGeneralAndAdministrativeExpense.

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
Net sales$1,424.7$1,317.9$2,461.0$2,312.9
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

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toro Company's SG&A?
Toro Company (TTC) reported SG&A of $287.7M in Q1 2026.
How has Toro Company's SG&A changed year-over-year?
Toro Company's SG&A increased by 9.9% year-over-year, from $261.9M to $287.7M.
What is the long-term trend for Toro Company's SG&A?
Over 4 years (2021 to 2025), Toro Company's SG&A has grown at a 5.4% compound annual growth rate (CAGR), from $820.2M to $1.01B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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