Mattel Reports Third Quarter 2026 Financial Results
Business Wire•05/11/2026•16:05 ET
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Key Highlights
- ➤Q3 net sales $1.807B, up 4% reported and 3% constant currency
- ➤Adjusted EPS $1.30 versus $0.91; adjusted operating income rose $106M
- ➤Gross margin 54.8%, up 480 basis points, aided by $88M tariff refunds
- ➤2026 adjusted EPS guidance $1.05-$1.20; adjusted operating income $500M-$570M
- ➤Hot Wheels gross billings up 7% reported, 6% constant currency
Expert Statements
Roger Lynch, Chairman and CEO of Mattel
“My first few weeks leading Mattel have reinforced my belief in the company’s potential. I also see clearly where we must improve. We will focus our resources on our greatest opportunities and translate the strength of Mattel's portfolio and capabilities into more consistent financial performance. Our priorities are clear: strengthen our brands and win in toys, drive innovation and creativity, and invest with discipline to drive profitable growth.”
Net Sales of $1,807 million, up 4% as reported, and 3% in constant currency
* Gross Margin of 54.8%, an increase of 480 basis points; Adjusted Gross Margin of 55.0%, an increase of 480 basis points; primarily driven by $88 million of tariff refunds received
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