Hasbro, Inc. (HAS) Income Statement
HAS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHAS revenue and net income
Where HAS's revenue goes
2025Each bar shows an amount and its share of revenue. HAS kept −6.9% of revenue as net income.
HAS profit margins
HAS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.7% | −7.1% | −3.0% | +0.6% |
| Gross profit | +12.3% | −4.6% | −1.1% | +2.3% |
| Operating income | −98.4% | −69.9% | −53.3% | −33.9% |
| Net income | −183.6% | — | — | — |
| EPS (diluted) | +37.6% | +7.5% | +8.1% | +4.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HAS quarterly EPS vs estimates
Hasbro beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 20, 2026 (estimate $1.86).
HAS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.70B | $4.14B | $5.00B | $5.86B | $6.42B | $5.47B | $4.72B | $4.58B | $5.21B | $5.02B |
| Cost of revenue | $1.70B | $1.46B | $2.13B | $2.40B | $2.55B | $2.29B | $2.22B | $2.20B | $2.44B | $2.31B |
| Gross profit | $3.00B | $2.67B | $2.87B | $3.45B | $3.87B | $3.18B | $2.50B | $2.38B | $2.77B | $2.70B |
| Research & development | $385.6M | $294.1M | $306.9M | $307.9M | $315.7M | $259.5M | $262.2M | $246.2M | $269.0M | $266.4M |
| Sales, general & admin | $1.48B | $1.53B | $1.84B | $2.05B | $1.94B | $1.66B | $1.45B | $1.73B | $1.63B | $1.58B |
| Total operating expenses | $2.99B | $1.98B | $4.41B | $3.04B | $3.11B | $2.67B | $1.85B | $2.05B | $1.96B | $1.92B |
| Operating income | $11.1M | $690.0M | −$1.54B | $407.7M | $763.3M | $501.8M | $652.1M | $331.1M | $810.4M | $788.0M |
| Interest income | $28.6M | $47.3M | $19.4M | $11.8M | $5.4M | $7.4M | $30.1M | $22.4M | $22.2M | $9.4M |
| Interest expense | $163.4M | $171.2M | $186.3M | $171.0M | $179.7M | $201.1M | $101.9M | $90.8M | $98.3M | $97.4M |
| Income before taxes | −$102.0M | $497.0M | −$1.71B | $261.5M | $581.9M | $322.1M | $594.3M | $270.4M | $786.1M | $692.5M |
| Income taxes | $216.2M | $102.6M | −$221.3M | $58.5M | $146.6M | $96.7M | $73.8M | $50.0M | $389.5M | $159.3M |
| Net income | −$322.4M | $385.6M | −$1.49B | $203.5M | $428.7M | $222.5M | $520.5M | $220.4M | $396.6M | $551.4M |
| EBITDA | $1.20B | $880.5M | −$863.2M | $1.22B | $1.67B | $1.18B | $962.6M | $573.1M | $1.09B | $980.3M |
| EPS (diluted) | $5.53 | $4.02 | $2.52 | $4.45 | $5.22 | $3.74 | $4.07 | $3.84 | $5.46 | $4.46 |
| Gross margin | 63.8% | 64.6% | 57.3% | 58.9% | 60.3% | 58.1% | 52.9% | 51.9% | 53.2% | 53.9% |
| Operating margin | 0.2% | 16.7% | −30.8% | 7.0% | 11.9% | 9.2% | 13.8% | 7.2% | 15.6% | 15.7% |
| Net margin | −6.9% | 9.3% | −29.8% | 3.5% | 6.7% | 4.1% | 11.0% | 4.8% | 7.6% | 11.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.00B | $1.45B | $1.39B | $980.8M | $887.1M | $1.10B | $1.28B | $995.3M | $757.3M | $1.29B | $1.50B |
| Cost of revenue | $272.4M | $317.8M | $448.9M | $438.9M | $316.0M | $261.5M | $438.7M | $476.9M | $293.0M | $255.1M | $706.5M | $601.4M |
| Gross profit | $867.2M | $682.4M | $997.0M | $948.6M | $664.8M | $625.6M | $662.9M | $804.4M | $702.3M | $502.2M | $582.4M | $902.0M |
| Research & development | $93.6M | $78.0M | $130.0M | $97.6M | $77.5M | $80.5M | $81.9M | $76.3M | $70.4M | $65.5M | $74.5M | $76.7M |
| Sales, general & admin | $338.7M | $319.5M | $513.4M | $503.9M | $346.4M | $380.4M | $466.3M | $401.2M | $373.8M | $286.3M | $1.48B | $434.2M |
| Total operating expenses | $614.7M | $412.1M | $674.5M | $607.5M | $1.46B | $454.9M | $603.1M | $502.5M | $490.2M | $386.0M | $1.78B | $1.07B |
| Operating income | $252.5M | $270.3M | $322.5M | $341.1M | −$798.2M | $170.7M | $59.8M | $301.9M | $212.1M | $116.2M | −$1.20B | −$169.5M |
| Interest income | $12.9M | $10.1M | $8.0M | $6.3M | $5.4M | $8.9M | $11.3M | $14.7M | $13.0M | $8.3M | $7.4M | $3.8M |
| Interest expense | $46.5M | $41.8M | $40.4M | $40.8M | $40.6M | $41.6M | $43.5M | $46.2M | $43.0M | $38.5M | $46.3M | $47.1M |
| Income before taxes | $208.7M | $244.1M | $270.9M | $305.2M | −$814.7M | $136.6M | −$57.2M | $290.3M | $182.9M | $81.0M | −$1.25B | −$215.0M |
| Income taxes | $47.4M | $44.6M | $67.8M | $71.3M | $40.0M | $37.1M | −$30.7M | $67.0M | $44.4M | $21.9M | −$184.4M | −$44.6M |
| Net income | $160.9M | $199.5M | $201.6M | $233.2M | −$855.8M | $98.6M | −$34.3M | $223.2M | $138.5M | $58.2M | −$1.06B | −$171.1M |
| EBITDA | $290.3M | $311.8M | $354.5M | $394.2M | $255.8M | $219.8M | $48.9M | $385.9M | $279.8M | $165.9M | −$1.02B | −$46.9M |
| EPS (diluted) | $1.28 | $1.47 | $1.51 | $1.68 | $1.30 | $1.04 | $0.46 | $1.73 | $1.22 | $0.61 | $0.38 | $1.64 |
| Gross margin | 76.1% | 68.2% | 69.0% | 68.4% | 67.8% | 70.5% | 60.2% | 62.8% | 70.6% | 66.3% | 45.2% | 60.0% |
| Operating margin | 22.2% | 27.0% | 22.3% | 24.6% | −81.4% | 19.2% | 5.4% | 23.6% | 21.3% | 15.3% | −93.0% | −11.3% |
| Net margin | 14.1% | 19.9% | 13.9% | 16.8% | −87.3% | 11.1% | −3.1% | 17.4% | 13.9% | 7.7% | −82.3% | −11.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HAS's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HAS financial results
In fiscal year 2025 (ended December 31, 2025), Hasbro reported revenue of $4.7 billion, up 13.7% from the year before. It had a net loss of $322.4 million, a net profit margin of −6.9%. Diluted earnings per share came to $5.53. Over five years revenue grew at an average rate of −3.0% a year.
See the HAS stock overview for the latest quote and news, or the HAS chart for price history and technical indicators.
HAS income statement FAQ
What is Hasbro's annual revenue?
Hasbro reported total revenue of $4.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 13.7% from $4.1 billion the previous year.
Is Hasbro profitable?
No. Hasbro reported a net loss of $322.4 million in fiscal 2025, a net profit margin of −6.9%; its operating margin was 0.2%.
What is Hasbro's gross margin?
Hasbro's gross margin was 63.8% in fiscal 2025: for every $100 of revenue, Hasbro kept $64 after the direct cost of its products and services.
How much does Hasbro spend on research and development?
Hasbro spent $385.6 million on research and development in fiscal 2025, 8.2% of revenue.
How fast is Hasbro growing?
Revenue grew −3.0% a year on average over the last five fiscal years, from $5.5 billion to $4.7 billion.
What are Hasbro's earnings per share?
Hasbro earned $5.53 per diluted share in fiscal 2025, compared with $4.02 a year earlier.
When will Hasbro report its next earnings?
Hasbro is expected to report results for the quarter ending September 30, 2026 on October 20, 2026 before the market opens.
When does Hasbro's fiscal year end?
Hasbro's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.