TORO COTTCEarnings & Financial Report
The Toro Company is an American company based in the Minneapolis suburb of Bloomington, Minnesota, that designs, manufactures, and markets lawn mowers, snow blowers, and irrigation system supplies for commercial and residential, agricultural, and public sector uses.
Revenue
$1.1B
Gross Profit
$372.4M
Operating Profit
$-19.1M
Net Profit
N/A
Gross Margin
34.4%
Operating Margin
-1.8%
Net Margin
N/A
YoY Growth
-7.7%
EPS
$-0.14
TORO CO Q3 FY2023 Financial Summary
TORO CO reported revenue of $1.1B (down 7.7% YoY) for Q3 FY2023, with a net profit of N/A (N/A margin). Cost of goods sold was $709.4M, operating expenses totaled $391.5M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | N/A |
| Gross Margin | 34.4% |
| Operating Margin | -1.8% |
| Report Period | Q3 FY2023 |
TORO CO Annual Revenue by Year
TORO CO annual revenue history includes year-by-year totals (for example, 2022 revenue was $4.5B).
| Year | Annual Revenue |
|---|---|
| 2022 | $4.5B |
TORO CO Quarterly Revenue & Net Profit History
TORO CO results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2027 | $1.0B | +4.2% | $67.9M | 6.6% |
| Q3 FY2025 | $1.1B | -2.2% | $53.5M | 4.7% |
| Q2 FY2025 | $1.3B | -2.3% | $136.8M | 10.4% |
| Q1 FY2025 | $995.0M | -0.7% | $52.8M | 5.3% |
| Q3 FY2024 | $1.2B | +6.9% | $119.3M | 10.3% |
| Q2 FY2024 | $1.3B | +0.7% | $144.8M | 10.7% |
| Q1 FY2024 | $1.0B | -12.8% | $64.9M | 6.5% |
| Q3 FY2023 | $1.1B | -7.7% | N/A | N/A |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.00B | $1.35B | $1.16B | $995.0M | $1.32B | $1.13B | $1.04B |
| YoY Growth | -7.7% | -12.8% | 0.7% | 6.9% | -0.7% | -2.3% | -2.2% | 4.2% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.59B | $3.80B | $3.85B | $3.73B | $3.70B | $3.79B | $3.52B | $3.70B |
| Liabilities | $2.11B | $2.25B | $2.20B | $2.10B | $2.23B | $2.31B | $2.11B | $2.28B |
| Equity | $1.48B | $1.55B | $1.65B | $1.64B | $1.47B | $1.48B | $1.41B | $1.42B |
Cash Flow
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $93.0M | $-92.2M | $227.3M | $194.7M | $-48.6M | $171.7M | $225.8M |