Mattel (MAT) Misses Q4 EPS by 15c, Misses on Revenue; Offers FY26 EPS Guidance

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Mattel Reports Fourth Quarter and Full Year 2025 Financial Results

February 10, 2026 4:10 PM EST

Fourth Quarter 2025 Highlights Versus Prior Year

Net Sales of $1,766 million, up 7% as reported, and 5% in constant currency Gross Margin of 45.9%, a decrease of 480 basis points; Adjusted Gross Margin of 46.0%, a decrease of 480 basis points Operating Income of $141 million, a decrease of $17 million; Adjusted Operating Income of $160 million, a decrease of $1 million Net Income of $106 million, a decrease of $35 million Earnings per Share of $0.34 compared to $0.42 per share; Adjusted Earnings per Share of $0.39 compared to $0.35 per share

Full Year 2025 Highlights Versus Prior... More