NASDAQ$HAS

Hasbro Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Hasbro reported Q3 2025 net revenues of $1.31B with net earnings of $229M and diluted EPS of $1.64.

Net revenues were $1.31 billion with net earnings of $229 million and diluted EPS of $1.64 as Wizards of the Coast and digital gaming growth complemented consumer products.

  • Q3 net revenues $1.31B.
  • Net earnings $229M; diluted EPS $1.64.
  • Wizards and gaming franchises drive high-margin growth.
  • Consumer products inventory and retail sell-through remain watched.

Headline financials

Total Revenue

$1.59B

Previous: $1.28B+24.1%
EPS (adj)

$1.64

Previous: $1.59+3.1%
Operating margin

24.6%

Previous: 23.6%+4.2%
Adj. operating margin

25.6%

Previous: 25.7%-0.4%
MTG revenue

$459M

Previous: $296M+55.0%
Total gaming revenue

$755M

Previous: $593M+27.2%
Capital Expenditures

-$49.6M

Previous: -$146M+66.1%
Free Cash Flow

$184M

Previous: $77M+138.4%
Net Income

$233M

Previous: $223M+4.5%
Operating Income

$341M

Previous: $302M+13.0%
Gross Profit

$1.18B

Previous: $902M+30.3%
Total Assets

$5.52B

Previous: $7.23B-23.6%

Revenue & EPS history

Hasbro · Revenue · Quarterly

$1.59B

Q3 2025+24.1%vs Q3 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Hasbro · $1B total across 3 segments · Q1 2026

  • Wizards of the Coast and Digital Gaming
    $582M
  • Consumer Products
    $398M
  • Entertainment
    $20.3M

Forward guidance

The filing discusses Hasbro's outlook, capital allocation, and key risks for upcoming periods, including guidance or operating priorities where disclosed.

Tailwinds

  • Hasbro cites execution and demand trends supporting the outlook.
  • Liquidity and balance-sheet capacity support operations and returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+2.0%

Avg return

Earnings day

+1.4%

Avg return

5 days after

-0.1%

Avg return

30 days after

64%

44 / 69 earnings

Positive

+17.1%

Q1 2019

Best reaction

-17.3%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%-9.2%-13.3%
Q4 2025+7.5%+5.9%-1.7%
Q3 2025+3.7%+3.7%+5.4%
Q2 2025-1.0%-1.6%+5.5%
Q1 2025+14.6%+16.9%+24.9%
Q4 2024+13.0%+12.1%-0.9%
Q3 2024-5.6%-6.7%-11.1%
Q2 2024+7.5%+10.2%+14.5%
Q1 2024+11.7%+10.6%+4.3%
Q4 2023+2.7%-1.0%+3.3%
Q3 2023-16.3%-17.5%-15.7%
Q2 2023-1.0%+2.0%+13.1%
Q1 2023+15.2%+13.9%+16.8%
Q4 2022+1.7%-3.4%-17.8%
Q3 2022-4.2%-3.3%-13.7%
Q2 2022+2.4%+2.2%+4.0%
Q1 2022+6.2%+5.3%+3.9%
Q4 2021-1.7%+0.5%-4.2%
Q3 2021+6.9%+8.2%+12.3%
Q2 2021+9.7%+7.6%+6.5%
Q1 2021+1.0%+2.5%-1.1%
Q4 2020-6.7%-6.0%-0.5%
Q3 2020-7.5%-10.1%+0.2%
Q2 2020-6.7%-6.2%+2.4%
Q1 2020-7.3%-11.3%-5.6%
Q4 2019-2.7%-3.2%-46.7%
Q3 2019-17.3%-20.1%-20.6%
Q2 2019+12.3%+14.0%+5.4%
Q1 2019+17.1%+16.4%+11.1%
Q4 2018-1.5%-0.3%-3.5%
Q3 2018-4.1%-5.4%-3.9%
Q2 2018+7.6%+7.9%+7.0%
Q1 2018+4.2%+5.5%+6.0%
Q4 2017+2.7%+2.9%-2.6%
Q3 2017-5.3%-1.1%-3.2%
Q2 2017-8.3%-8.8%-19.0%
Q1 2017+5.8%+3.2%+8.3%
Q4 2016+14.9%+18.2%+17.9%
Q3 2016+6.9%+8.7%+12.0%
Q2 2016-5.2%-6.0%-5.2%
Q1 2016+5.6%
Q4 2015-2.9%
Q3 2015-6.2%
Q2 2015+2.8%
Q1 2015+11.6%
Q4 2014+10.5%
Q3 2014+7.2%
Q2 2014-2.9%
Q1 2014+1.3%
Q4 2013+4.6%
Q3 2013+5.8%
Q2 2013+5.4%
Q1 2013+6.1%
Q4 2012+4.4%
Q3 2012-5.8%
Q4 2011+3.1%
Q2 2012+3.3%
Q1 2012+1.6%
Q3 2011+2.7%
Q2 2011-0.7%
Q1 2010+0.8%
Q1 2011-1.0%
Q4 2010-2.2%
Q4 2008-2.2%
Q3 2009+0.2%
Q3 2010+0.2%
Q4 2009+3.0%
Q2 2009+3.0%
Q2 2010+3.0%

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