Filing Flows › Hasbro (HAS) › How it makes money
How Hasbro (HAS) makes money
Hasbro (HAS) made $1.6B of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier. Grow Brands brought in $1.2B (74%); Optimize Brands brought in $266M (17%); License brought in $144M (9%). Of every dollar of revenue, 32¢ was left as operating profit, 25¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Grow Brands | $1.2B | 74.4% | — | +23% |
| Optimize Brands | $266M | 16.6% | — | +4% |
| License | $144M | 9.0% | — | -5% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.6B | 100.0% |
| Operating profit | $517M | 32.3% |
| Income tax | $94.1M | 5.9% |
| Net earnings | $395M | 24.7% |
| Operating cash flow | $303M | 18.9% |
| Free cash flow | $273M | 17.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.6B | +0.3% |
| Q2 2026 | $1.3B | +14% |
| Q1 2026 | $1.1B | +11% |
| Q4 2025 | $1.4B | +15% |
| Q3 2025 | $1.6B | +8% |
| Q2 2025 | $1.1B | -0.7% |
| Q1 2025 | $1.0B | +15% |
From Hasbro's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Hasbro make money?
Hasbro (HAS) made $1.6B of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier. Grow Brands brought in $1.2B (74%); Optimize Brands brought in $266M (17%); License brought in $144M (9%). Of every dollar of revenue, 32¢ was left as operating profit, 25¢ was left as net earnings.
What is Hasbro's biggest business?
Grow Brands: $1.2B in the third quarter 2026, 74% of revenue, +23% from a year earlier.
What is Hasbro's profit margin?
Net earnings were $395M, 24.7% of revenue, in the third quarter 2026; the operating margin was 32.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.