Mattel Q1 net income $61M vs prior-year loss; net sales up 4% to $862M

MATTEL INC /DE/

2026-Q1 EPS reported $0.20 revenue$862,171,000

Net sales $862M, +4% as reported (+1% constant currency); gross margin 44.9%, down 450bps.
Operating loss $103M vs $53M loss; adjusted operating loss $70M vs $8M loss.
EPS $0.20 vs ($0.12) loss; adjusted loss per share ($0.20) vs ($0.02) loss.
Acquired full ownership of Mattel163 mobile games studio in early March.
Repurchased $200M of shares; maintaining $400M buyback target for 2026.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MATTEL INC /DE/ reported first quarter 2026 results: revenue $862 million, net income $61 million, EPS $0.20. Guidance reaffirmed.

Period: first quarter 2026
Revenue: $862 million
Net income: $61 million
EPS: $0.20
Guidance: reaffirmed
Result: reported results

Exact text from the filing

--- EX-99.1 (EX-99.1) --- NEWS RELEASE Exhibit 99.1 MATTEL REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS First Quarter 2026 Highlights Versus Prior Year • Net Sales of $862 million, up 4% as reported, and 1% in constant currency • Gross Margin of 44.9%, a decrease of 450 basis points; Adjusted Gross Margin 1 of 45.1%, a decrease of 450 basis points •

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Source: SEC EDGAR

accession 0001628280-26-028370

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