Filing Flows › Mattel (MAT) › Q2 2026
Mattel (MAT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Mattel (MAT) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +10% from a year earlier and +31% from the quarter before. Operating margin was 1.0%, net loss $18.2M (1.6% of revenue).
Mattel, Q2 2026: revenue $1.1B (+10% year over year), operating margin 1.0%, net loss $18.2M, operating cash flow −$179M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +31% | +10% |
| Operating profit | $10.9M | — | -86% |
| Net earnings | −$18.2M | -130% | -134% |
| Operating cash flow | −$179M | — | — |
What changed
Revenue was $1.1B in Q2 2026, up 10% year over year and up 31% from the previous quarter.
Gross margin was 48.2%, down 2.8 points from Q2 2025. Operating profit was $0.01B, a 1.0% margin (down 6.7 points year over year). Operating profit fell $0.07B even though revenue rose $0.11B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 21% against revenue growth of 10%. The fastest-growing cost line was Sales & marketing (+57%). The quarter ended with a net loss of $0.02B, after a profit of $0.06B the previous quarter. Net interest and other expense of $0.03B was the main reason.
Operating cash flow was −$0.18B. Non-cash charges added back $0.05B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.23B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.22B.
Questions
What was Mattel's revenue in the second quarter 2026?
Mattel (MAT) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +10% from a year earlier and +31% from the quarter before.
Was Mattel profitable in the second quarter 2026?
Operating profit was $10.9M (1.0% of revenue) and net loss $18.2M.
Source: Mattel 10-Q on SEC EDGAR.