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EXHIBIT 99.1 FOR IMMEDIATE RELEASE August 18 , 2026 Toll Brothers AMERICA'S LUXURY HOME BUILDER® CONTACT : Gregg Ziegler ( 215 ) 478-3820 gziegler@tollbrothers.com Toll Brothers Reports FY 2026 Third Quarter Results FORT WASHINGTON , Pa . , August 18 , 2026 -- Toll Brothers , Inc. ( NYSE : TOL ) ( TollBrothers.com ) , the nation's leading builder of luxury homes , today announced results for its third quarter ended July 31 , 2026 . FY 2026's Third Quarter Financial Highlights ( Compared to FY 2025's Third Quarter ) : • • • • . • • . • Net income and earnings per share were $ 280.1 million and $ 2.97 per diluted share , compared to net income of $ 369.6 million and $ 3.73 per diluted share in FY 2025's third quarter . Pre - tax income was $ 374.8 million , compared to $ 499.5 million in FY 2025's third quarter . Home sales revenues were $ 2.65 billion compared to $ 2.88 billion in FY 2025's third quarter ; delivered homes were 2,662 compared to 2,959 in FY 2025's third quarter . Net signed contract value was $ 2.52 billion compared to $ 2.41 billion in FY 2025's third quarter ; contracted homes were 2,508 compared to 2,388 . Backlog value was $ 6.24 billion at third quarter end compared to $ 6.38 billion at FY 2025's third quarter end ; homes in backlog were 5,312 compared to 5,492 . Home sales gross margin was 23.9 % , compared to FY 2025's third quarter home sales gross margin of 25.6 % . Adjusted home sales gross margin , which excludes interest and inventory write - downs , was 25.6 % , compared to FY 2025's third quarter adjusted home sales gross margin of 27.5 % . SG & A , as a percentage of home sales revenues , was 10.0 % compared to 8.8 % in FY 2025's third quarter . Income from operations was $ 359.2 million compared to $ 487.7 million in FY 2025's third quarter . Other income , income from unconsolidated entities , and gross margin from land sales and other was $ 6.0 million compared to $ 15.0 million in FY 2025's third quarter . The Company repurchased approximately 1.4 million shares at an average price of $ 148.63 per share for a total purchase price of $ 206.8 million . Karl K. Mistry , chief executive officer , stated : “ Toll Brothers delivered solid third quarter results in a challenging market . We exceeded the midpoint of our guidance with $ 2.65 billion of home sales revenues , delivering 2,662 homes at an average price of $ 996,400 . Our adjusted gross margin was 25.6 % , or 35 basis points above guidance , and we earned $ 2.97 per diluted share . We also grew net signed contracts by 5 % year over year . “ These results position us for another year of healthy profitability and returns , and we are reaffirming all of our full - year guidance metrics , including approximately $ 10.5 billion of home sales revenues and an adjusted gross margin of 26.1 % . Our performance underscores the strength of our luxury brand , the resilience of our affluent customer base , the successful execution of our differentiated business model , and our focus on operational efficiency . “ In the third quarter , we returned $ 231 million to stockholders through share repurchases and dividends , bringing our year - to - date total to $ 506 million . At the same time , we continued to invest in the growth of our business through disciplined land investments . We remain on track to grow community count by 8 % to 10 % in fiscal 2026 and our existing land position supports similar growth in fiscal 2027 and beyond . " Our balance sheet remains very strong , with ample liquidity , low leverage and substantial operating cash flows . This financial strength enables us to continue to invest in growth opportunities while returning capital to stockholders and driving long - term value creation . Consistent with this strategy , we are increasing our projected share repurchases for fiscal 2026 from $ 650 million to $ 700 million ”