Toll Brothers (TOL) Cost of Revenue (2009 - 2026)
Toll Brothers' (TOL) quarterly Cost of Revenue came in at $2.0 billion in Q3 2026, down 7.72% year-over-year from $2.2 billion in Q3 2025, and up 5.57% quarter-over-quarter from $1.9 billion in Q2 2026.
Analysis
Toll Brothers (TOL) Cost of Revenue (2009 - 2026) Analysis & Trends
Toll Brothers has disclosed Cost of Revenue across 18 years of filings, most recently posting $2.0 billion for Q3 2026.
- In Q3 2026, Cost of Revenue fell 7.72% year-over-year to $2.0 billion; the TTM figure through Jul 2026 stood at $8.2 billion (up 1.41% YoY), while the FY2025 annual figure was $8.2 billion, up 4.96% from the prior year.
- Cost of Revenue came in at $2.0 billion for Q3 2026 at Toll Brothers, up from $1.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.7 billion in Q4 2022 to a low of $1.3 billion in Q1 2023.
- Average Cost of Revenue over 5 years is $1.9 billion, with a median of $1.9 billion recorded in 2023.
- Year-over-year, Cost of Revenue declined 19.2% in 2023 and rose 19.22% in 2026.
- Over 5 years, Cost of Revenue stood at $2.7 billion in 2022, then retreated by 19.2% to $2.2 billion in 2023, then increased by 10.47% to $2.5 billion in 2024, then increased by 5.01% to $2.6 billion in 2025, then slipped by 21.04% to $2.0 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $2.0 billion in Q3 2026, $1.9 billion in Q2 2026, and $1.7 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.78 Bn | 37.23 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 21.98 Bn | 20.60 Bn | 1.06 Bn | 2.92 Bn |
| 3 | Nvr | 16.40 Bn | 15.31 Bn | 485.14 Mn | 1.84 Bn |
| 4 | Lennar | 16.10 Bn | 13.92 Bn | 7.69 Bn | 252.35 Mn |
| 5 | Toll Brothers | 12.27 Bn | 11.22 Bn | 625.22 Mn | 2.03 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 1.10 Bn |
| 7 | Meritage Homes | 4.12 Bn | 3.31 Bn | 254.14 Mn | 1.15 Bn |
| 8 | M | 3.51 Bn | 2.78 Bn | 235.50 Mn | 827.76 Mn |
| 9 | Kb Home | 2.89 Bn | 2.83 Bn | 174.03 Mn | 938.41 Mn |
| 10 | Green Brick Partners | 2.85 Bn | 2.77 Bn | 157.52 Mn | 336.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.03 Bn |
| Apr 30, 2026 | 1.93 Bn |
| Jan 31, 2026 | 1.67 Bn |
| Oct 31, 2025 | 2.58 Bn |
| Jul 31, 2025 | 2.20 Bn |
| Apr 30, 2025 | 2.03 Bn |
| Jan 31, 2025 | 1.40 Bn |
| Oct 31, 2024 | 2.45 Bn |
| Jul 31, 2024 | 1.99 Bn |
| Apr 30, 2024 | 1.98 Bn |
| Jan 31, 2024 | 1.41 Bn |
| Oct 31, 2023 | 2.22 Bn |
| Jul 31, 2023 | 1.94 Bn |
| Apr 30, 2023 | 1.85 Bn |
| Jan 31, 2023 | 1.34 Bn |
| Oct 31, 2022 | 2.75 Bn |
| Jul 31, 2022 | 1.90 Bn |
| Apr 30, 2022 | 1.75 Bn |
| Jan 31, 2022 | 1.39 Bn |
| Oct 31, 2021 | 2.34 Bn |