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Jakks Pacific (JAKK) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 31, 2025

Jakks Pacific (JAKK) reported revenue of $211M for the third quarter 2025 (Q3 2025), -34% from a year earlier and +77% from the quarter before. Operating margin was 13.9%, net earnings $19.9M (9.4% of revenue).

Revenue$211M
Year over year-34%
Quarter over quarter+77%
Operating margin13.9%
Net earnings$19.9M

Jakks Pacific, Q3 2025: revenue $211M (-34% year over year), operating margin 13.9%, net earnings $19.9M, operating cash flow −$8.8M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$211M+77%-34%
Gross profit$67.6M+73%-38%
Operating profit$29.4M—-57%
Net earnings$19.9M—-62%
Operating cash flow−$8.8M——

What changed

Revenue was $211.2M in Q3 2025, down 34% year over year and up 77% from the previous quarter. Toys Consumer Products was the largest line at 74% of revenue. Toys Consumer Products lost $108.2M year over year (down 41%), 98% of the total change.

Gross margin was 32.0%, down 1.8 points from a year earlier. Operating profit was $29.4M, a 13.9% margin (down 7.3 points year over year). Operating expenses fell 6% while revenue fell 34%. Net earnings were $19.9M, down 62% year over year. The effective tax rate was 33.1%.

Operating cash flow was −$8.8M. Non-cash charges added back $4.8M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $35.9M. Capital expenditures of $3.4M exceeded it, leaving free cash flow of −$12.2M.

Questions

What was Jakks Pacific's revenue in the third quarter 2025?

Jakks Pacific (JAKK) reported revenue of $211M for the third quarter 2025 (Q3 2025), -34% from a year earlier and +77% from the quarter before.

Was Jakks Pacific profitable in the third quarter 2025?

Operating profit was $29.4M (13.9% of revenue) and net earnings $19.9M.

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Source: Jakks Pacific 10-Q on SEC EDGAR.