Filing Flows › Mattel (MAT) › Q3 2026
Mattel (MAT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Mattel (MAT) reported revenue of $1.8B for the third quarter 2026 (Q3 2026), +4% from a year earlier and +61% from the quarter before. Operating margin was 26.4%, net earnings $354M (19.6% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +61% | +4% |
| Gross profit | $990M | +83% | +14% |
| Operating profit | $476M | 44× | +25% |
| Net earnings | $354M | — | +27% |
| Operating cash flow | $88.6M | — | +23% |
| Free cash flow | $50.7M | — | +23% |
What changed
Revenue was $1.8B in Q3 2026, up 4% year over year and up 61% from the previous quarter.
Gross margin was 54.8%, up 4.8 points from Q3 2025. Operating profit was $0.48B, a 26.4% margin (up 4.5 points year over year). Of the extra revenue versus Q3 2025, 136% reached operating profit, above the 22% margin then. Operating expenses grew 5% against revenue growth of 4%. The fastest-growing cost line was Research & development (+24%). Net earnings were $0.35B, up 27% year over year. The effective tax rate was 21.5%.
Operating cash flow was $0.09B (up 23% year over year), 25% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization. Working capital and other items used $0.32B. Capital expenditures of $0.04B left free cash flow of $0.05B.
Questions
What was Mattel's revenue in the third quarter 2026?
Mattel (MAT) reported revenue of $1.8B for the third quarter 2026 (Q3 2026), +4% from a year earlier and +61% from the quarter before.
Was Mattel profitable in the third quarter 2026?
Operating profit was $476M (26.4% of revenue) and net earnings $354M.
Source: Mattel 10-Q on SEC EDGAR.