The Toro Company (TTC) Earnings: Q3 Fiscal 2026 Results and Next Report Date

The quarter ended July 31, 2026 and The Toro Company published the results on September 3, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. The Toro Company reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• The Toro Company's fiscal year ends on October 31. The quarter ended July 31, 2026; the year-ago quarter ended August 1, 2025.
• GAAP results include $43.1 million of non-cash impairment charges for the planned closure of the Monterrey manufacturing facility and the exit of a residential mower platform. The year-ago quarter included an $81.1 million non-cash impairment of the Spartan trade name.
• Toro acquired Tornado Infrastructure Equipment on December 8, 2025. Acquisitions added 2.1 points to total net sales growth in the quarter.

Source: The Toro Company Q3 fiscal 2026 results, September 3, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.

How The Toro Company splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

• The Toro Company's Professional revenue was $1.0 billion in Q3 fiscal 2026, up 9% from $931 million in Q3 fiscal 2025, 83% of total revenue.
• The Toro Company's Residential revenue was $209 million in Q3 fiscal 2026, up 9% from $193 million in Q3 fiscal 2025, 17% of total revenue.
• The Toro Company's Other revenue was $3.9 million in Q3 fiscal 2026, down 49% from $7.7 million in Q3 fiscal 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 fiscal 2026 release, The Toro Company said:

“now expects total company net sales growth in the range of 6.3% to 6.6%, up from the previous range of 4.0% to 6.5%”

“adjusted EPS in the range of $4.60 to $4.65, up from the previous range of $4.50 to $4.62.”

Source: The Toro Company Q3 fiscal 2026 release, Sep 3, 2026.

This is the company's own guidance as of Sep 3, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the TTC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release.

The Toro Company's next report is expected around December 17, 2026, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 fiscal 2026 (this page), reported Sep 3, 2026

The Toro Company's Professional segment brought in $1,012.6 million of its $1,225.8 million in Q3 fiscal 2026 net sales, up 8.8% from $930.8 million. Toro said the increase came mainly from higher volume, net price realization and the Tornado acquisition. Residential net sales were $209.3 million, up 8.6%, driven mainly by higher volume of walk power mowers and net price realization. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026)

Professional covers turf maintenance equipment for golf courses, sports fields, municipal properties and commercial landscapes, plus underground construction, snow and ice management, and irrigation. Residential products, such as walk power mowers and snow throwers, are sold to homeowners through dealers, mass retailers, hardware retailers and home centers, and online. (The Toro Company Form 10-K, fiscal 2025, Dec 17, 2025)

By product type, equipment was $1,103.8 million of the quarter's net sales and irrigation $122.0 million. United States net sales were $993.9 million and international net sales $231.9 million, up from $199.2 million a year earlier. (The Toro Company Form 10-Q, Q3 fiscal 2026, Sep 3, 2026)

Stripping out acquisitions and currency, Toro's organic sales growth was 6.2% for the company, 6.1% for Professional and 8.5% for Residential. Acquisitions contributed 2.5 points of Professional growth. Tornado Infrastructure Equipment, a Canadian maker of hydrovac excavation equipment for the underground construction, power transmission and energy markets, was bought on December 8, 2025 for $210.3 million net of cash acquired. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026; The Toro Company Form 10-Q, Q3 fiscal 2026, Sep 3, 2026)

Toro said field inventory was higher than a year earlier, mainly because underground construction products were replenished to healthy levels, and that its order backlog was similar to a year earlier because backlog has largely normalized. (The Toro Company Form 10-Q, Q3 fiscal 2026, Sep 3, 2026)

The Toro Company's GAAP diluted EPS was $0.81, against adjusted EPS of $1.33. The largest adjustment was the productivity initiative, $56.2 million of operating costs and $0.53 per diluted share net of tax, against $8.1 million a year earlier. In the quarter Toro also recorded $43.1 million of non-cash impairment charges for the planned closure of its Monterrey manufacturing facility and the exit of a residential mower platform. The year-ago quarter carried an $81.1 million impairment of the Spartan trade name, which is why GAAP EPS rose 50.0% while adjusted EPS rose 7.3%. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026; The Toro Company Form 10-Q, Q3 fiscal 2026, Sep 3, 2026)

The reported effective tax rate was 28.0%, up from 7.4%, which Toro attributed to non-recurring adjustments and a less favorable geographic mix of earnings. The adjusted rate was 22.4%, against 17.3%. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026)

Diluted weighted average shares fell to 95.6 million from 99.0 million. Toro returned $110 million to shareholders in the quarter and $470.9 million over the first nine months of fiscal 2026 through dividends and buybacks, including $358.1 million of common stock repurchases. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026; The Toro Company Form 10-Q, Q3 fiscal 2026, Sep 3, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

The Toro Company gives a full-year outlook in its release and raised it with Q3 fiscal 2026 results. It now expects total net sales growth of 6.3% to 6.6%, up from 4.0% to 6.5%, and adjusted EPS of $4.60 to $4.65, up from $4.50 to $4.62. Adjusted EPS through the first nine months was $3.66. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026)

Toro does not reconcile its adjusted EPS guidance to GAAP EPS, citing the unreasonable efforts exception. It says the difference will consist of items like those in its tables, such as non-cash charges, acquisitions and dispositions, legal matters and tax positions. (The Toro Company Q3 fiscal 2026 release, Sep 3, 2026)

A consensus figure is the average of the models published by the analysts who cover The Toro Company, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones The Toro Company's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning TTC is on is TTC a buy or a sell?, what analysts expect next is on the TTC forecast, and what the company does is on the The Toro Company (TTC) stock page.

Every number on this page can be traced to a document The Toro Company published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.