Filing Flows › Mattel (MAT) › How it makes money
How Mattel (MAT) makes money
Mattel (MAT) made $1.8B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Of every dollar of revenue, 55¢ was left as gross profit, 26¢ was left as operating profit, 20¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.8B | 100.0% |
| Cost of revenue | $817M | 45.2% |
| Gross profit | $990M | 54.8% |
| Operating expenses | $513M | 28.4% |
| Operating profit | $476M | 26.4% |
| Income tax | $96.8M | 5.4% |
| Net earnings | $354M | 19.6% |
| Operating cash flow | $88.6M | 4.9% |
| Free cash flow | $50.7M | 2.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.8B | +4% |
| Q2 2026 | $1.1B | +10% |
| Q1 2026 | $862M | +4% |
| Q4 2025 | $1.8B | +7% |
| Q3 2025 | $1.7B | -6% |
| Q2 2025 | $1.0B | -6% |
| Q1 2025 | $827M | +2% |
From Mattel's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Mattel make money?
Mattel (MAT) made $1.8B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Of every dollar of revenue, 55¢ was left as gross profit, 26¢ was left as operating profit, 20¢ was left as net earnings.
What is Mattel's profit margin?
Net earnings were $354M, 19.6% of revenue, in the third quarter 2026; the operating margin was 26.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.