Welcome to our dedicated page for Toro SEC filings (Ticker: TTC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Toro Company (NYSE: TTC) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed information about its operations as a global provider of solutions for the outdoor environment. These SEC filings complement the company’s press releases by supplying formal disclosures on financial results, material agreements, capital structure, and governance matters related to its activities in turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions.
Among the filings available for The Toro Company are current reports on Form 8-K, which the company uses to report events such as quarterly and annual financial results, entry into material definitive agreements, completion of acquisitions, issuance of senior notes, stock repurchase authorizations, and changes in key executive roles. For example, 8-K filings describe the acquisition of Tornado Infrastructure Equipment Ltd., including the arrangement agreement terms and the completion of the transaction, as well as a note purchase agreement for senior notes and the intended use of proceeds.
Investors can also review 8-K items that furnish earnings press releases under results of operations and financial condition, providing another channel to access the company’s reported net sales, segment performance, and non-GAAP financial measures. Other 8-K items address matters such as departures of certain officers and related governance disclosures.
On this page, SEC filings for TTC are presented with real-time updates from EDGAR and AI-powered summaries that explain the key points of each document in accessible language. Users can quickly see what a filing covers, whether it relates to financial performance, a financing arrangement, an acquisition, or a corporate governance change, without reading every technical detail. For deeper research, the full text of each filing remains available, allowing investors to examine the exact wording of agreements, covenants, and disclosures that shape The Toro Company’s financial and strategic profile.
The Toro Company VP & CFO Angela C. Drake exercised restricted stock units and adjusted her shareholdings. On March 10, 2026, she converted 2,730.443 restricted stock units into the same number of common shares at an exercise price of $0.0000, with the common stock valued at $98.93 per share.
To cover tax obligations, 1,387 common shares were disposed of via share withholding, not an open-market sale. After these transactions, she directly holds 9,410.928 common shares and indirectly holds 482.276 shares through The Toro Company Retirement Plan. She also retains 4,159 restricted stock units and 758.09 performance share units for potential future settlement.
The Toro Company Chairman & CEO Richard M. Olson exercised options for 119,400 shares of common stock at $56.54 per share and on the same day sold 119,400 shares in open-market transactions at a weighted average price of about $100.148 per share, within a range of $100.00 to $100.69. Following these transactions, he directly holds 38,186.461 shares of common stock and indirectly holds 17,806.553 shares through The Toro Company Retirement Plan. He also holds 16,916 restricted stock units, each representing a right to receive one share of common stock, and 170,892.685 performance share units, giving him substantial remaining equity exposure to Toro.
TORO CO director James Calvin O'Rourke reported an option exercise and related share sale. He exercised a non-qualified stock option for 4,951 shares of common stock at an exercise price of $47.17 per share and received 4,951 shares of common stock.
On the same date, he sold 4,951 shares of common stock in an open-market transaction at $99.40 per share, effectively converting the option position into cash. After these transactions and related holdings updates, he directly owned 16,252 shares of TORO CO common stock in a brokerage account.
The Toro Company reported higher quarterly results while closing a sizable acquisition. For the three months ended January 30, 2026, net sales reached $1,036.3 million, up from $995.0 million a year earlier. Net earnings were $67.9 million versus $52.8 million, with diluted earnings per share increasing to $0.69 from $0.52.
Professional segment net sales rose to $824.0 million and EBIT to $137.6 million, while Residential segment net sales declined to $206.0 million and EBIT to $13.2 million. Operating cash flow improved to $26.1 million from a use of $48.6 million in the prior-year quarter.
The company completed the acquisition of Tornado Infrastructure Equipment Ltd. on December 8, 2025 for cash consideration of $210.3 million, funded through its revolving credit facility. The deal added preliminary goodwill of $137.6 million and other intangible assets of $63.8 million, and contributed $19.0 million of net sales in the quarter. Total debt rose to $1,071.7 million, while cash and cash equivalents ended the quarter at $189.0 million.
The Toro Company reported a strong start to fiscal 2026, with first-quarter net sales of $1,036.3 million, up 4% year over year, and net earnings of $67.9 million, up 29%. Diluted EPS rose to $0.69 from $0.52, while adjusted EPS increased 14% to $0.74.
The Professional segment led growth, with net sales up 7.2% to $824.0 million and slightly higher margins, driven by snow and ice products, underground construction, and the Tornado Infrastructure Equipment acquisition. Residential segment sales fell 6.8% to $206.0 million, pressured by weaker lawn care demand.
Operating margin improved to 8.4%, and adjusted operating margin to 9.8%, helped by cost savings and lower SG&A as a percentage of sales. Free cash flow turned positive at $14.6 million, and the company returned $133 million to shareholders through buybacks and dividends. Management raised full-year guidance to net sales growth of 3%–6.5% and adjusted EPS of $4.40–$4.60, citing continued strength in professional markets and contributions from Tornado.
The Toro Company executive Kurt D. Svendsen reported several equity-related transactions. On March 2, 2026, he exercised 475.959 restricted stock units, receiving the same number of common shares at $100.29 per share. In a related tax-withholding move, 173 common shares were disposed of at $100.29 to cover obligations. After these transactions, he held 12,117.985 common shares directly, plus 11,530.375 common shares indirectly through The Toro Company Retirement Plan, along with 1,178 restricted stock units and 6,379.722 performance share units.
The Toro Company executive Peter D. Moeller reported equity award activity involving restricted stock units and common shares. On March 2, 2026, he exercised or converted 950.862 restricted stock units into 950.862 shares of common stock at a stated price of $100.29 per share. In a related tax-withholding disposition, 291 shares of common stock were delivered at $100.29 per share, leaving 665.586 common shares held directly after these transactions. He also reports indirect holdings of 6,234.969 common shares through the Moeller Family Trust and 4,194.168 common shares through The Toro Company Retirement Plan, along with 20,722.227 restricted stock units and 3,174.191 performance share units held directly, and 2,634.000 additional restricted stock units.
The Toro Company filed an amended current report to update how it classifies its disclosure about completing the acquisition of Tornado Infrastructure Equipment Ltd. and to describe a new stock repurchase program. Toro completed the purchase of all Tornado shares for CAD $1.92 per share, valuing Tornado at a fully diluted equity value of $279 million (CAD), funded with cash on hand, borrowings under Toro’s unsecured senior revolving credit facility, and additional financial arrangements. The filing also notes that Tornado, based in Calgary, manufactures vacuum trucks and industrial equipment for underground construction, power transmission and energy markets. In addition, Toro’s board authorized a new stock repurchase program for up to an additional 6,000,000 shares of common stock, with no expiration date, bringing total repurchase authorization to 10,391,790 shares as of December 9, 2025.