Mattel Q2 2026 sales rise 10% to $1,125 million, but net loss of $18 million
Mattel reported second quarter 2026 net sales of $1,125 million, up 10% as reported, but swung to a net loss of $18 million from net income of $53 million a year earlier. Reported operating income fell $68 million to $11 million, and the company reiterated its full year 2026 guidance and its $400 million share repurchase target, which matters to shareholders because profit weakened sharply even as sales grew.
Key points
- Net sales were $1,125 million, up 10% as reported and 9% in constant currency; reported gross margin fell to 48.2% from 50.9%.
- Loss per share was $0.06 compared with earnings per share of $0.16; adjusted EPS was $0.01 versus $0.21.
- Company reiterated FY2026 guidance, including adjusted EPS of $1.27 to $1.39, and reaffirmed $400 million in 2026 share repurchases.
- Mattel repurchased $100 million of shares in the quarter, bringing the year-to-date total to $300 million.
The filing
Written by AI on Nov 8, 2026, 1:00 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 August 04, 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.