---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-22-001228"
form_type: "8-K"
ticker: "JAKK"
cik: "0001009829"
company_name: "JAKKS PACIFIC INC"
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:17:30.653476+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# JAKKS Pacific Q3 sales up 36% to $323M; CEO/CFO employment extended to 2026

## Summary
- Net sales $323.0M (+36% YoY); Toys/Consumer Products up 56% to $269.6M; Costumes down 17% to $53.4M.
- GAAP EPS $2.96; adjusted EPS $3.80; adjusted EBITDA $59.4M vs $41.7M in Q3 2021.
- Year-to-date net sales of $664.3M exceeded full-year 2021 net sales of $621.1M; 2022 revenue growth guided ~20%.
- Optional $17.5M term-loan paydown brings year-to-date principal reductions to $29M (29% of Jan 1 balance); total debt $67.7M net.
- CEO Berman and CFO Kimble employment terms extended to Dec 31, 2026 with revised performance bonus ranges (CEO 25%-300% of salary, CFO 25%-200%) and RSU grants.

## SEC filing metadata
- accession: 0001185185-22-001228
- form_type: 8-K
- ticker: JAKK
- cik: 0001009829
- company_name: JAKKS PACIFIC INC
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009829/000118518522001228/0001185185-22-001228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009829/000118518522001228/jakkspacif20221026_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-22-001228
- JSON: https://secwatch.observer/filing/0001185185-22-001228.json
- Plain text: https://secwatch.observer/filing/0001185185-22-001228.txt

## Key facts
- Earnings Releases
  JAKKS PACIFIC INC reported third quarter ended September 30, 2022 results: revenue $323.0 million, net income $30.3 million, EPS $2.96 per diluted share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $323.0 million
  - Net income: $30.3 million
  - EPS: $2.96 per diluted share
  - Result: reported results
  source text: Third Quarter 2022 Overview ● Net sales were $323.0 million, a year-over-year increase of 36% o Toys/Consumer Products were $269.6 million, a year-over-year increase of 56% o Costumes were $53.4 million, a year-over-year decrease of 17% ■ Costumes year-to-date are $134.7 million, a 36% increase over 2021 ● Year-to-date net sales were $664.3 million, which exceeded full year 2021 net sales of $621.1 million ● Gross margin of 28.5%, down 310 basis points vs. Q3 2021 ● Operating income of $53.7 million (16.7% of net sales) in Q3 2022 vs. $36.7 million (15.5% of net sales) in Q3 2021 o Year-to-date operating income of $76.7 million (11.6% of net sales) vs. $35.8 million (8.3% of net sales) for comparable period in 2021 ● Net income attributable to common stockholders of $30.3 million or $2.96 per diluted share, compared to net income attributable to common stockholders of $36.0 million or $3.97 per diluted share in Q3 2021 ● Adjusted net income attributable to common stockholders (a non-GA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009829/000118518522001228/0001185185-22-001228-index.htm

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