The Toro Company Reports Strong Second-Quarter Results Driven by Broad-Based Customer Demand and Margin Improvement
The Toro Company reported Q2 fiscal 2026 revenue of $1.42 billion, up 8.1% year-over-year, driven by strong demand across professional and residential segments and net price realization. Adjusted diluted EPS rose 12.7% to $1.60, supported by margin expansion with gross margin improving to 34.5% (adjusted) and operating margin to 14.4% (adjusted).
Key figures
- Eps
- 1.5
- Revenue
- 1424700000
- Guidance
- FY26 net sales growth 4.0%-6.5% (raised from 3.0%-6.5%); adjusted EPS $4.50-$4.62 (raised from $4.40-$4.60)
- Revenue Yoy
- 8.1%
- Fcf
- 265500000
- Adjusted eps
- 1.6
- Gross margin
- 33.9%
- Fcf conversion
- 124.5%
- Adjusted eps yoy
- 12.7%
- Operating margin
- 13.7%
- Shareholder return
- 228000000
- Adjusted gross margin
- 34.5%
- Adjusted operating margin
- 14.4%
AI analysis
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