托罗配件 2025年度报告

☒ANNUAL REPORT PURSUANT TO SECTION15(d)OF THE SECURITIES EXCHANGE ACTOF 1934 For the fiscal year ended December31, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION15(d)OF THE SECURITIES EXCHANGEACT OF 1934 For the transition period from _____________ to _____________ Commission file number:1-8649 A. Full title of the plan and address of the plan, if different from that of the issuer named below: The Toro Company Retirement Plan B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: The Toro Company8111 Lyndale Avenue SouthBloomington, MN55420-1196 THE TORO COMPANY RETIREMENT PLAN Table of Contents Description Report of Independent Registered Public Accounting Firm CBIZ CPAs P.C.Statements of Net Assets Available for BenefitsStatements of Changes in Net Assets Available for BenefitsNotes to Financial StatementsSchedule H, Line 4a - Schedule of Delinquent Participant ContributionsSchedule H, line 4i - Schedule of Assets (Held at End of Year)SignaturesExhibit Index Report of Independent Registered Public Accounting Firm To the Plan Participants and Plan Administrator ofThe Toro Company Retirement Plan: Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of The Toro Company Retirement Plan (the “Plan”)as of December 31, 2025 and 2024, the related statements of changes in net assets available for benefits for the years then ended, andthe related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in allmaterial respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024, and the changes in net assetsavailable for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States ofAmerica. Basis for Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’sfinancial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting OversightBoard (United States) (“PCAOB”) and are required to be independent with respect to the Plan in accordance with the U.S. federalsecurities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit toobtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due toerror or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidenceregarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles usedand significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believethat our audits provide a reasonable basis for our opinion. Supplemental Information The supplemental information in the accompanying Schedule H, Line 4a - Schedule of Delinquent Participant Contributions for theyear ended December 31, 2025, and the Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2025, hasbeen subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplementalinformation is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplementalinformation reconciles to the financial statements or the underlying accounting and other records, as applicable, and performingprocedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinionon the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented inconformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee RetirementIncome Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to thefinancial statements as a whole. /s/ CBIZ CPAs, P.C. We have served as the Plan's auditor since 2024. West Conshohocken, PennsylvaniaJuly 13, 2026 THE TORO COMPANY RETIREMENT PLAN Notes to Financial Statements 1Summary Description of Plan The following description of The Toro Company Retirement Plan (the "Plan") is provided for general information purposes only. Thedescriptionapplies to each of the years for which financial statements are presented.Current and former employees(the"Participants") of The Toro Company (the "Com