Hasbro Reports Third Quarter 2026 Financial Results
Business Wire•20/10/2026•06:30 ET
0
Key Highlights
- ➤Q3 revenue increased 15% year over year, driven by Wizards, Consumer Products, and Entertainment
- ➤Magic: The Gathering surpassed $600 million in quarterly revenue for the first time
- ➤Adjusted operating profit rose 52% to $541 million, including $55 million tariff refunds
- ➤2026 revenue outlook raised to 7-9% constant-currency growth from 5-7%
- ➤Adjusted EBITDA outlook increased to $1.575-$1.625 billion from $1.45-$1.50 billion
- ➤Share repurchase target doubled for 2026 as Hasbro balances investment and shareholder returns
Expert Statements
Chris Cocks, Chief Executive Officer of Hasbro
“Inspiring a lifetime of play is our superpower, and this quarter showed what it can do”
Chris Cocks, Chief Executive Officer of Hasbro
“We delivered a fourth consecutive quarter of double-digit revenue growth, and Magic: The Gathering topped $600 million in quarterly revenue for the first time.”
Chris Cocks, Chief Executive Officer of Hasbro
“Our asset-light licensing model lets great partners extend our brands while we focus on what we do best.”
Chris Cocks, Chief Executive Officer of Hasbro
“With a Magic lineup that keeps building, we expect a strong finish to 2026 and continued growth in 2027.”
Gina Goetter, Chief Financial Officer and Chief Operating Officer of Hasbro
“This quarter again showed the power of Hasbro’s brand portfolio paired with strong execution.”
Gina Goetter, Chief Financial Officer and Chief Operating Officer of Hasbro
“Given this momentum, we are raising our 2026 outlook and doubling our share repurchase target for the year, balancing investment in the business with returning cash to shareholders.”
Magic: The Gathering Surpasses $600 million in Quarterly Revenue for First Time
Raises 2026 Financial Outlook & Doubles Share Repurchase Target
Get started
Create a free account to read the full story.