---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-001133"
form_type: "8-K"
ticker: "JAKK"
cik: "0001009829"
company_name: "JAKKS PACIFIC INC"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T21:49:26.726743+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# JAKKS Pacific Q3 net income rises to $47.8M, EPS $4.53; gross margin expands 600 bps to 34.5%

## Summary
- Net sales $309.7M, down 4% YoY; Toys/Consumer Products -9%, Costumes +19%.
- Gross margin 34.5% (+600 bps); operating income $62.4M (20.1% of sales) vs $53.7M.
- Net income $47.8M ($4.53 diluted EPS) vs $30.3M ($2.96) in Q3 2022; adjusted EPS $4.75.
- Inventory $68.8M (-37% YoY); zero debt; cash $96.4M.
- Action Play & Collectibles up 43% in quarter; management highlights retail slowdown but improved margins.

## SEC filing metadata
- accession: 0001185185-23-001133
- form_type: 8-K
- ticker: JAKK
- cik: 0001009829
- company_name: JAKKS PACIFIC INC
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009829/000118518523001133/0001185185-23-001133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009829/000118518523001133/jakkspacif20231101_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-001133
- JSON: https://secwatch.observer/filing/0001185185-23-001133.json
- Plain text: https://secwatch.observer/filing/0001185185-23-001133.txt

## Key facts
- Earnings Releases
  JAKKS PACIFIC INC reported third quarter ended September 30, 2023 results: revenue $309.7 million, net income $47.8 million, EPS $4.53 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $309.7 million
  - Net income: $47.8 million
  - EPS: $4.53 per diluted share
  - Result: reported results
  source text: 1, 2023 – JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Overview ● Net sales were $309.7 million, a year-over-year decrease of 4% o Toys/Consumer Products were $246.0 million, a year-over-year decrease of 9% o Costumes were $63.7 million, a year-over-year increase of 19% ■
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009829/000118518523001133/0001185185-23-001133-index.htm

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