---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000766"
form_type: "8-K"
ticker: "JAKK"
cik: "0001009829"
company_name: "JAKKS PACIFIC INC"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:45:17.438636+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# JAKKS Pacific Q2 net sales $166.9M (-24% YoY); debt retired; adjusted EPS $1.26

## Summary
- Net sales $166.9M (-24.3% YoY); gross margin up 310 bps to 30.7%; adjusted EPS $1.26 vs $2.10 prior year.
- Retired $30.2M long-term debt four years early; total debt zero as of June 30, 2023.
- Action Play & Collectibles segment grew 41% YoY; Costumes down 32% but second-highest Q2 in 10+ years.
- Adjusted EBITDA $20.7M vs $27.1M; trailing twelve-month adjusted EBITDA $66.9M (down 12% YoY).
- Q2 ending inventory $65.1M (lowest Q2 since 2021); cash and equivalents $32.4M.

## SEC filing metadata
- accession: 0001185185-23-000766
- form_type: 8-K
- ticker: JAKK
- cik: 0001009829
- company_name: JAKKS PACIFIC INC
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009829/000118518523000766/0001185185-23-000766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009829/000118518523000766/jakkspacif20230725_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000766
- JSON: https://secwatch.observer/filing/0001185185-23-000766.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000766.txt

## Key facts
- Earnings Releases
  JAKKS PACIFIC INC reported second quarter ended June 30, 2023 results: revenue $166.9 million, net income $6.1 million, EPS $0.58 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $166.9 million
  - Net income: $6.1 million
  - EPS: $0.58 per diluted share
  - Result: reported results
  source text: July 27, 2023 – JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Overview ● Net sales were $166.9 million, a year-over-year decrease of 24.3% o Toys/Consumer Products Net Sales were $117.9 million, a year-over-year decrease of 20.8% o Costumes Net Sales were $49.0 million, a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009829/000118518523000766/0001185185-23-000766-index.htm

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