Filing Flows › Mattel (MAT) › Q3 2026 › vs Q3 2025
Mattel (MAT) Q3 2026 vs Q3 2025 (year over year)
Mattel's revenue rose $70.7M (+4%) from $1.7B in Q3 2025 to $1.8B in Q3 2026. Gross margin 54.8% against 50.0% (+4.8 pts).
Mattel, Q3 2026: revenue $1.8B (+4% year over year), operating margin 26.4%, net earnings $354M, operating cash flow $88.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 54.8% | 50.0% | +4.8 pts |
| Operating margin | 26.4% | 21.9% | +4.5 pts |
| Net margin | 19.6% | 16.0% | +3.5 pts |
| Free cash flow margin | 2.8% | 2.4% | +0.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $70.7M | +4% |
| Gross profit | $990M | $868M | $121M | +14% |
| Cost of revenue | $817M | $868M | −$50.6M | -6% |
| Operating profit | $476M | $380M | $96.4M | +25% |
| Operating expenses | $513M | $488M | $24.9M | +5% |
| Pre-tax earnings | $450M | $365M | $85.2M | +23% |
| Other expense, net | $25.8M | $14.6M | $11.2M | +77% |
| Research & development | $67.9M | $54.5M | $13.3M | +24% |
| Sales & marketing | $143M | $118M | $25.2M | +21% |
| Other operating costs | $302M | $316M | −$13.6M | -4% |
| Net earnings | $354M | $278M | $75.2M | +27% |
| Income tax | $96.8M | $86.9M | $9.9M | +11% |
| Depreciation & amortization | $50.6M | $41.6M | $9.0M | +22% |
| Working capital & other | $316M | $270M | $45.3M | +17% |
| Operating cash flow | $88.6M | $72.0M | $16.6M | +23% |
| Free cash flow (OCF − capex) | $50.7M | $41.1M | $9.6M | +23% |
| Capital expenditures | $37.9M | $30.9M | $7.1M | +23% |
Questions
How much did Mattel's revenue grow year over year in Q3 2026?
Mattel's revenue rose $70.7M (+4%) from $1.7B in Q3 2025 to $1.8B in Q3 2026. Gross margin 54.8% against 50.0% (+4.8 pts).