---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-022159"
form_type: "8-K"
ticker: "MAT"
cik: "0000063276"
company_name: "MATTEL INC /DE/"
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T19:43:29.908852+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mattel reports Q1 net loss $40M, sales up 2%; pauses FY2025 guidance due to tariff uncertainty

## Summary
- Net sales $827M (+2% reported, +4% constant currency); gross margin 49.4% (+140bps).
- Net loss $40M ($0.12 loss per share) vs prior year loss $28M; adjusted loss $0.03 vs $0.05.
- Operating loss $53M (adjusted loss $16M, improvement $7M); adjusted EBITDA $57M.
- Repurchased $160M of shares; maintains $600M share repurchase target for 2025.
- Pauses full-year 2025 guidance due to volatile macro and evolving tariffs; cost savings target raised to $80M.

## SEC filing metadata
- accession: 0001628280-25-022159
- form_type: 8-K
- ticker: MAT
- cik: 0000063276
- company_name: MATTEL INC /DE/
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63276/000162828025022159/0001628280-25-022159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63276/000162828025022159/mat-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-022159
- JSON: https://secwatch.observer/filing/0001628280-25-022159.json
- Plain text: https://secwatch.observer/filing/0001628280-25-022159.txt

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