Mattel Financial Statements
NASDAQ: MATConsumer DiscretionaryRecreational Games/Products/ToysUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 16.69 0.00%
Mattel revenue and earnings
In fiscal 2025, Mattel generated $5.35 billion in revenue, down 0.6% from fiscal 2024, its first annual decline since 2024. Net income was $397.6 million (-26.6% year over year), for a net margin of 7.4% versus a median of 7.2% in the prior 5 years. Gross margin was 48.7% (down from 50.8%) and operating margin 10.2%.
Diluted earnings per share came in at $1.24, down from $1.58. Over the last 5 fiscal years, MAT's revenue has grown at a 3.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Mattel income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.35B | 5.38B | 5.44B | 5.43B | 5.46B | 4.59B | 4.50B | 4.51B | 4.88B | 5.45B |
| Revenue growth (YoY) | -0.59% | -1.13% | +0.12% | -0.42% | +18.95% | +1.86% | -0.23% | -7.51% | -10.48% | -4.37% |
| Cost of Revenue | 2.74B | 2.65B | 2.86B | 2.95B | 2.83B | 2.35B | 2.53B | 2.72B | 3.06B | 2.90B |
| Gross Profit | 2.61B | 2.73B | 2.58B | 2.48B | 2.63B | 2.24B | 1.98B | 1.80B | 1.82B | 2.55B |
| Operating Expenses | 2.06B | 2.04B | 2.02B | 1.81B | 1.90B | 1.87B | 1.94B | 2.03B | 2.16B | 2.03B |
| Research & Development | 227.42M | 194.07M | 198.60M | 195.45M | 189.37M | 189.49M | 197.23M | 205.37M | 225.25M | 215.30M |
| Operating Income | 546.42M | 694.28M | 561.66M | 675.51M | 729.56M | 374.74M | 37.10M | -234.35M | -335.70M | 519.98M |
| Interest Expense | 118.68M | 118.77M | 123.79M | 132.82M | 253.94M | 198.33M | 201.04M | 181.89M | 105.21M | 95.12M |
| Other Income (Expense) | -13.28M | -4.48M | 2.29M | -47.76M | -8.36M | -2.69M | -1.88M | -5.11M | -68.11M | -31.96M |
| Pretax Income | 459.49M | 622.50M | 465.40M | 504.33M | 470.76M | 177.66M | -159.66M | -414.88M | -501.25M | 402.04M |
| Income Tax | 89.77M | 105.63M | 269.48M | 135.85M | -420.38M | 65.55M | 58.32M | 116.20M | 553.33M | 89.13M |
| Net Income | 397.58M | 541.82M | 214.35M | 393.91M | 902.99M | 123.58M | -218.75M | -533.30M | -1.05B | 312.91M |
| Net Income growth (YoY) | -26.62% | +152.77% | -45.58% | -56.38% | +630.70% | — | — | — | -437.03% | -15.30% |
| EPS (Basic) | 1.25 | 1.59 | 0.61 | 1.11 | 2.58 | 0.36 | -0.63 | -1.55 | -3.07 | 0.91 |
| EPS (Diluted) | 1.24 | 1.58 | 0.60 | 1.10 | 2.53 | 0.35 | -0.63 | -1.55 | -3.07 | 0.91 |
| Shares Outstanding (Basic) | 318.16M | 340.44M | 353.59M | 353.79M | 350.01M | 347.46M | 346.13M | 345.01M | 343.56M | 341.48M |
| Shares Outstanding (Diluted) | 321.79M | 343.34M | 357.11M | 359.61M | 357.25M | 349.12M | 346.13M | 345.01M | 343.56M | 344.23M |
| EBITDA | 714.41M | 862.25M | 739.00M | 857.69M | 913.88M | 568.19M | 281.62M | 37.58M | -60.93M | 782.32M |
| Gross Margin | 48.73% | 50.82% | 47.48% | 45.66% | 48.13% | 48.89% | 43.90% | 39.84% | 37.38% | 46.70% |
| Operating Margin | 10.22% | 12.91% | 10.32% | 12.43% | 13.37% | 8.17% | 82.00% | -5.19% | -6.88% | 9.54% |
| Net Margin | 7.43% | 10.07% | 3.94% | 7.25% | 16.55% | 2.69% | -4.86% | -11.81% | -21.60% | 5.74% |
This table shows 10 annual periods of Mattel's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MAT's reporting calendar. What is a income statement?