Filing Flows › Hasbro (HAS) › Q3 2026 › vs Q3 2025
Hasbro (HAS) Q3 2026 vs Q3 2025 (year over year)
Hasbro's revenue rose $5.2M (+0.3%) from $1.6B in Q3 2025 to $1.6B in Q3 2026. The biggest changes: Grow Brands +$223M (+23%); Optimize Brands +$10.8M (+4%); License −$8.3M (-5%). Operating margin 32.4% against 21.5% (+11.0 pts).
Hasbro, Q3 2026: revenue $1.6B (+0.3% year over year), operating margin 32.4%, net earnings $395M, operating cash flow $303M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 32.4% | 21.5% | +11.0 pts |
| Net margin | 24.8% | 14.7% | +10.1 pts |
| Free cash flow margin | 17.1% | 16.4% | +0.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Grow Brands | $1.2B | $968M | $223M | +23% |
| Optimize Brands | $266M | $255M | $10.8M | +4% |
| License | $144M | $153M | −$8.3M | -5% |
| Revenue | $1.6B | $1.6B | $5.2M | +0.3% |
| Operating profit | $517M | $341M | $176M | +52% |
| Costs & expenses | $1.1B | $1.2B | −$171M | -14% |
| Pre-tax earnings | $489M | $305M | $184M | +60% |
| Other expense, net | $28.2M | $35.9M | −$7.7M | -21% |
| Cost of revenue | $385M | $414M | −$29.5M | -7% |
| Research & development | $103M | $97.6M | $5.8M | +6% |
| SG&A | $332M | $287M | $44.2M | +15% |
| Other operating costs | $258M | $450M | −$192M | -43% |
| Net earnings | $395M | $234M | $161M | +69% |
| Income tax | $94.1M | $71.3M | $22.8M | +32% |
| Depreciation & amortization | $36.3M | $40.8M | −$4.5M | -11% |
| Share-based compensation | $22.1M | $24.2M | −$2.1M | -9% |
| Working capital & other | $150M | $18.3M | $132M | +722% |
| Operating cash flow | $303M | $281M | $22.3M | +8% |
| Free cash flow (OCF − capex) | $273M | $261M | $12.5M | +5% |
| Capital expenditures | $29.5M | $19.7M | $9.8M | +50% |
Questions
How much did Hasbro's revenue grow year over year in Q3 2026?
Hasbro's revenue rose $5.2M (+0.3%) from $1.6B in Q3 2025 to $1.6B in Q3 2026.
What drove Hasbro's revenue change in Q3 2026?
Grow Brands +$223M (+23%); Optimize Brands +$10.8M (+4%); License −$8.3M (-5%).