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Hasbro (HAS) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

Hasbro (HAS) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +14% from a year earlier and +16% from the quarter before. Operating margin was 19.6%, net earnings $161M (12.5% of revenue).

Revenue$1.3B
Year over year+14%
Quarter over quarter+16%
Operating margin19.6%
Net earnings$161M

Hasbro, Q2 2026: revenue $1.3B (+14% year over year), operating margin 19.6%, net earnings $161M, operating cash flow $267M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.3B+16%+14%
Operating profit$252M-7%—
Net earnings$161M-19%—
Operating cash flow$267M-21%+274%
Free cash flow$248M-21%+349%

What changed

Revenue was $1.3B in Q2 2026, up 14% year over year and up 16% from the previous quarter. Grow Brands was the largest line at 70% of revenue. Grow Brands added $0.16B year over year (up 22%), 105% of the total change. Optimize Brands declined 5%.

Operating profit was $0.25B, a 19.6% margin (up 90.0 points year over year). Total costs fell 46% while revenue rose 14%. The fastest-growing cost line was Cost of revenue (+21%). Net earnings were $0.16B. The effective tax rate was 22.7%.

Operating cash flow was $0.27B (up 274% year over year), 165% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.02B left free cash flow of $0.25B.

Questions

What was Hasbro's revenue in the second quarter 2026?

Hasbro (HAS) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +14% from a year earlier and +16% from the quarter before.

Was Hasbro profitable in the second quarter 2026?

Operating profit was $252M (19.6% of revenue) and net earnings $161M.

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Source: Hasbro 10-Q on SEC EDGAR.