Toro annual gross margin
2008
2009
2010
2011
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2015
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2021
2022
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2024
2025
Toro Gross Margin Growth & History (TTC)
Toro's gross margin was 33.36% for fiscal 2025.
View full Toro company overviewToro annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-10-31 | 33.36% | −0.44 pp |
| 2024 | 2024-10-31 | 33.80% | −0.85 pp |
| 2023 | 2023-10-31 | 34.65% | +1.32 pp |
| 2022 | 2022-10-31 | 33.33% | −0.48 pp |
| 2021 | 2021-10-31 | 33.80% | −1.41 pp |
| 2020 | 2020-10-31 | 35.21% | +1.82 pp |
| 2019 | 2019-10-31 | 33.39% | −2.54 pp |
| 2018 | 2018-10-31 | 35.93% | −0.82 pp |
| 2017 | 2017-10-31 | 36.76% | +0.20 pp |
| 2016 | 2016-10-31 | 36.56% | +1.60 pp |
| 2015 | 2015-10-31 | 34.96% | −0.63 pp |
| 2014 | 2014-10-31 | 35.59% | +0.09 pp |
| 2013 | 2013-10-31 | 35.50% | +1.14 pp |
| 2012 | 2012-10-31 | 34.36% | +0.57 pp |
| 2011 | 2011-10-31 | 33.79% | −0.31 pp |
| 2010 | 2010-10-31 | 34.10% | +0.56 pp |
| 2009 | 2009-10-31 | 33.54% | −1.21 pp |
| 2008 | 2008-10-31 | 34.75% | — |
Toro quarterly gross margin
Q3.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
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Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-05-01 | 33.88% | +0.74 pp |
| Q1 2026 | 2026-01-30 | 32.47% | −1.26 pp |
| Q4 2025 | 2025-10-31 | 32.89% | +0.46 pp |
| Q3 2025 | 2025-08-01 | 33.75% | −1.07 pp |
| Q2 2025 | 2025-05-02 | 33.14% | −0.44 pp |
| Q1 2025 | 2025-01-31 | 33.73% | −0.66 pp |
| Q4 2024 | 2024-10-31 | 32.43% | −1.08 pp |
| Q3 2024 | 2024-08-02 | 34.82% | +0.39 pp |
| Q2 2024 | 2024-05-03 | 33.58% | −2.24 pp |
| Q1 2024 | 2024-02-02 | 34.38% | −0.08 pp |
| Q4 2023 | 2023-10-31 | 33.52% | −0.51 pp |
| Q3 2023 | 2023-08-04 | 34.42% | −0.03 pp |
| Q2 2023 | 2023-05-05 | 35.82% | +3.37 pp |
| Q1 2023 | 2023-02-03 | 34.46% | +2.24 pp |
| Q4 2022 | 2022-10-31 | 34.03% | +3.91 pp |
| Q3 2022 | 2022-07-29 | 34.46% | +0.56 pp |
| Q2 2022 | 2022-04-29 | 32.44% | −2.62 pp |
| Q1 2022 | 2022-01-28 | 32.22% | −3.87 pp |
| Q4 2021 | 2021-10-31 | 30.12% | −5.60 pp |
| Q3 2021 | 2021-07-30 | 33.90% | −1.13 pp |
| Q2 2021 | 2021-04-30 | 35.07% | +2.06 pp |
| Q1 2021 | 2021-01-29 | 36.09% | −1.45 pp |
| Q4 2020 | 2020-10-31 | 35.72% | +2.35 pp |
| Q3 2020 | 2020-07-31 | 35.03% | +3.31 pp |
| Q2 2020 | 2020-05-01 | 33.00% | −0.40 pp |
| Q1 2020 | 2020-01-31 | 37.54% | +1.78 pp |
| Q4 2019 | 2019-10-31 | 33.37% | +0.17 pp |
| Q3 2019 | 2019-08-02 | 31.71% | −3.91 pp |
| Q2 2019 | 2019-05-03 | 33.40% | −3.63 pp |
| Q1 2019 | 2019-02-01 | 35.76% | −1.49 pp |
| Q4 2018 | 2018-10-31 | 33.20% | −4.51 pp |
| Q3 2018 | 2018-08-03 | 35.63% | −0.49 pp |
| Q2 2018 | 2018-05-04 | 37.02% | +0.78 pp |
| Q1 2018 | 2018-02-02 | 37.25% | −0.25 pp |
| Q4 2017 | 2017-10-31 | 37.71% | +0.96 pp |
| Q3 2017 | 2017-08-04 | 36.12% | +0.07 pp |
| Q2 2017 | 2017-05-05 | 36.24% | −0.00 pp |
| Q1 2017 | 2017-02-03 | 37.51% | −0.04 pp |
| Q4 2016 | 2016-10-31 | 36.75% | +1.69 pp |
| Q3 2016 | 2016-07-29 | 36.04% | +0.55 pp |
| Q2 2016 | 2016-04-29 | 36.25% | +2.12 pp |
| Q1 2016 | 2016-01-29 | 37.55% | +1.91 pp |
| Q4 2015 | 2015-10-31 | 35.06% | +0.50 pp |
| Q3 2015 | 2015-07-31 | 35.50% | −0.11 pp |
| Q2 2015 | 2015-05-01 | 34.13% | −1.38 pp |
| Q1 2015 | 2015-01-30 | 35.64% | −1.03 pp |
| Q4 2014 | 2014-10-31 | 34.56% | +0.92 pp |
| Q3 2014 | 2014-08-01 | 35.61% | +0.69 pp |
| Q2 2014 | 2014-05-02 | 35.51% | −0.31 pp |
| Q1 2014 | 2014-01-31 | 36.66% | −0.63 pp |
| Q4 2013 | 2013-10-31 | 33.65% | +0.37 pp |
| Q3 2013 | 2013-08-02 | 34.91% | −0.42 pp |
| Q2 2013 | 2013-05-03 | 35.81% | +1.77 pp |
| Q1 2013 | 2013-02-01 | 37.29% | +2.69 pp |
| Q4 2012 | 2012-10-31 | 33.27% | +1.00 pp |
| Q3 2012 | 2012-08-03 | 35.34% | +1.87 pp |
| Q2 2012 | 2012-05-04 | 34.05% | +0.23 pp |
| Q1 2012 | 2012-02-03 | 34.60% | −1.06 pp |
| Q4 2011 | 2011-10-31 | 32.27% | −0.62 pp |
| Q3 2011 | 2011-07-29 | 33.46% | −1.76 pp |
| Q2 2011 | 2011-04-29 | 33.81% | +0.51 pp |
| Q1 2011 | 2011-01-28 | 35.66% | +0.53 pp |
| Q4 2010 | 2010-10-31 | 32.89% | −0.99 pp |
| Q3 2010 | 2010-07-30 | 35.22% | — |
| Q2 2010 | 2010-04-30 | 33.30% | — |
| Q1 2010 | 2010-01-29 | 35.13% | — |
| Q3 2009 | 2009-07-31 | 33.89% | — |
Toro gross margin trends
Over the last five reported fiscal years, Toro's gross margin decreased from 35.21% to 33.36%, a change of −1.85 percentage points. The latest reported quarter, Q2 2026, shows 33.88%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Toro filings at SEC.gov ↗