---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-22-000522"
form_type: "8-K"
ticker: "JAKK"
cik: "0001009829"
company_name: "JAKKS PACIFIC INC"
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T01:52:03.929085+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JAKKS reports Q1 net sales up 44% to $120.9M, narrows loss; amends credit facility

## Summary
- Q1 net sales $120.9M (+44% YoY); highest Q1 since 2008.
- Net loss attributable to common $4.2M ($0.43/sh) vs loss $24.4M ($4.54/sh) in Q1 2021.
- Adjusted EBITDA turned positive at $1.9M vs negative $2.4M; TTM adjusted EBITDA $53.6M (+36%).
- Gross margin fell to 24.7% from 31.1% due to higher ocean freight costs.
- Entered First Amendment to credit agreement; minimum cash requirements set at $15M-$20M through Sep 2022.

## SEC filing metadata
- accession: 0001185185-22-000522
- form_type: 8-K
- ticker: JAKK
- cik: 0001009829
- company_name: JAKKS PACIFIC INC
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009829/000118518522000522/0001185185-22-000522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009829/000118518522000522/jakkspacif20220428_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-22-000522
- JSON: https://secwatch.observer/filing/0001185185-22-000522.json
- Plain text: https://secwatch.observer/filing/0001185185-22-000522.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.