Hasbro Q4 revenue up 31% to $1.45 billion; full-year net loss of $322 million on impairment
Hasbro reported fourth-quarter 2025 net revenues of $1.45 billion, up 31%, and diluted earnings of $1.41 per share, compared with a loss of $0.25 per share a year earlier. For the full year, revenue rose 14% to $4.70 billion, but the company posted a net loss of $322.4 million, or $2.30 per share, after a $1.02 billion goodwill impairment recorded in the second quarter. The company also set 2026 guidance and authorized a new $1.0 billion share repurchase program.
Key points
- Q4 2025 diluted EPS was $1.41, versus a loss of $0.25 in Q4 2024; Q4 operating margin was 20.6%.
- Full-year 2025 net revenues were $4.70 billion, up 14%; net loss attributable to Hasbro was $322.4 million, including a $1,021.9 million goodwill impairment.
- 2026 outlook: revenue up 3%-5% in constant currency, adjusted operating margin of 24%-25%, and adjusted EBITDA of $1.40 billion to $1.45 billion.
- New $1.0 billion share repurchase program replaces the 2018 authorization; quarterly dividend of $0.70 per share is payable March 4, 2026, to holders of record on February 18, 2026.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.