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Hasbro (HAS) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Hasbro (HAS) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), +0.3% from a year earlier and +24% from the quarter before. Operating margin was 32.4%, net earnings $395M (24.8% of revenue).

Revenue$1.6B
Year over year+0.3%
Quarter over quarter+24%
Operating margin32.4%
Net earnings$395M

Hasbro, Q3 2026: revenue $1.6B (+0.3% year over year), operating margin 32.4%, net earnings $395M, operating cash flow $303M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.6B+24%+0.3%
Operating profit$517M+105%+52%
Net earnings$395M+145%+69%
Operating cash flow$303M+14%+8%
Free cash flow$273M+10%+5%

What changed

Revenue was $1.6B in Q3 2026, roughly flat year over year and up 24% from the previous quarter. Grow Brands was the largest line at 75% of revenue. Grow Brands added $0.22B year over year (up 23%), 4287% of the total change. License declined 5%.

Operating profit was $0.52B, a 32.4% margin (up 11.0 points year over year). Of the extra revenue versus Q3 2025, 3388% reached operating profit, above the 21% margin then. Total costs fell 14% while revenue was flat. The fastest-growing cost line was SG&A (+15%). Net earnings were $0.39B, up 69% year over year. The effective tax rate was 19.2%.

Operating cash flow was $0.30B (up 8% year over year), 77% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.15B. Capital expenditures of $0.03B left free cash flow of $0.27B.

Questions

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

Hasbro (HAS) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), +0.3% from a year earlier and +24% from the quarter before.

Was Hasbro profitable in the third quarter 2026?

Operating profit was $517M (32.4% of revenue) and net earnings $395M.

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Source: Hasbro 10-Q on SEC EDGAR.