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Toro Company TTC Professional — Selling, general and administrative expense

Other segment segments

Residential
$36.3M-3.7%

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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
Three Months Ended May 1, 2026ProfessionalResidentialOtherTotal
Intersegment gross sales (eliminations)22.0(22.0)
Net sales1,106.6310.47.71,424.7
Cost of sales688.3243.89.9942.0
Selling, general and administrative expense195.536.355.9287.7
Other income, net1.61.63.2
Earnings (loss) before interest and taxes$224.4$30.3$(56.5)$198.2
Interest expense(14.8)
Provision for income taxes38.0

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toro Company's professional — selling, general and administrative expense?
Toro Company (TTC) reported professional — selling, general and administrative expense of $195.5M in Q1 2026.
How has Toro Company's professional — selling, general and administrative expense changed year-over-year?
Toro Company's professional — selling, general and administrative expense increased by 8.5% year-over-year, from $180.2M to $195.5M.
What does professional — selling, general and administrative expense mean?
This captures the operating expenses for the Professional segment that are not directly tied to production, such as marketing, sales commissions, administrative salaries, and research and development. It reflects the overhead required to support the segment's market presence and innovation pipeline.

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