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Mattel (MAT) operating margin by quarter

Mattel's operating margin was 26.4% in Q3 2026 (third quarter 2026), +18.4 pts from Q4 2025. Over the last 4 quarters it ranged from 7.7% (Q2 2025) to 26.4% (Q3 2026).

Mattel operating margin by quarterMattel operating margin by quarter7.7%Q2 202521.9%Q3 20258.0%Q4 202526.4%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202626.4%+18.4 pts+4.5 pts
Q4 20258.0%-13.9 pts—
Q3 202521.9%+14.2 pts—
Q2 20257.7%——

Q3 2026 at a glance

Mattel, Q3 2026: revenue $1.8B (+4% year over year), operating margin 26.4%, net earnings $354M, operating cash flow $88.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Mattel's operating margin?

Mattel's operating margin was 26.4% in Q3 2026 (third quarter 2026), +18.4 pts from Q4 2025.

How has Mattel's operating margin changed?

Over the last 4 quarters it ranged from 7.7% (Q2 2025) to 26.4% (Q3 2026).

Q3 2026 results → · How Mattel makes money →