Filing Flows › Jakks Pacific (JAKK) › Q1 2025
Jakks Pacific (JAKK) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Jakks Pacific (JAKK) reported revenue of $113M for the first quarter 2025 (Q1 2025), +26% from a year earlier and -13% from the quarter before. Operating margin was -3.3%, net loss $2.4M (2.1% of revenue).
Jakks Pacific, Q1 2025: revenue $113M (+26% year over year), operating margin -3.3%, net loss $2.4M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | -13% | +26% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $113.3M in Q1 2025, up 26% year over year and down 13% from the previous quarter. Toys Consumer Products was the largest line at 95% of revenue. Toys Consumer Products added $24.5M year over year (up 30%), 106% of the total change. Costumes declined 19%.
Gross margin was 34.4%, up 11.1 points from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -3.3%. Operating expenses grew 1% against revenue growth of 26%. The quarter ended with a net loss of $2.4M, narrower than the previous quarter's $9.1M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $1.6M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $3.4M. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Jakks Pacific's revenue in the first quarter 2025?
Jakks Pacific (JAKK) reported revenue of $113M for the first quarter 2025 (Q1 2025), +26% from a year earlier and -13% from the quarter before.
Was Jakks Pacific profitable in the first quarter 2025?
Operating loss was $3.8M (-3.3% of revenue) and net loss $2.4M.
Source: Jakks Pacific 10-Q on SEC EDGAR.