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Companies $MAT
$15.95 -$0.47 (2.83%) Live

What Do They Do?

Sells toys, games, and entertainment content to retailers, consumers, and fans.

How Do They Make Money?

Retailers and wholesalers buy Mattel goods, with payment due typically within 60 days of the invoice; licensees pay royalties based on sales of licensed products, sometimes subject to minimum guarantees.

revenue
SegmentShareRevenue
North America
Sold outright

56%
FY2022: 59%
International
Sold outright

44%
FY2022: 41%

Who Are Their Customers?

Mattel sells products directly to retailers and wholesalers in North America and many international markets, using agents and distributors where it has no direct presence. It also sells American Girl products to consumers and select retailers, and some products directly through its own and third-party online channels.

Do Revenues Turn Into Profits?

Yes. It kept 7 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025
10% of revenue
▼ −21% vs FY2024 ($694.3M, 13%)
Net income, FY2025
7% of revenue
▼ −27% vs FY2024 ($541.8M, 10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +10%
vs $1B in Q2 FY2025
Net income
▼ Now a loss
vs $53.4M in Q2 FY2025
North America share of revenue vs 50.2% in Q2 FY2025
  • Aug 4, 2026 Mattel completed its acquisition of mobile games studio Mattel163 The company also reiterated its full-year guidance.

Flat. Revenue was $5.3B in FY2025, about the same as the $5.5B of FY2021.

A new building-set brand The latest report adds Mattel Brick Shop as a building-set brand alongside MEGA; the older report described MEGA as its challenger building-set brand.

Revenue over time
North America International American Girl
$10B$5B$0

Who Do They Compete With?

Competes with Hasbro, LEGO, The Pokémon, and Spin Master

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