Mattel (MAT) Cost of Revenue (2009 - 2026)

Mattel has reported Cost of Revenue for 18 years, with the latest figure at $475.4 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 13.59% year-over-year to $475.4 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 billion (up 5.88% YoY), and the FY2025 full-year result was $2.7 billion, up 3.65% from the prior year.
• Cost of Revenue for Q1 2026 stood at $475.4 million, down from $956.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $956.1 million in Q4 2025, with the low at $418.5 million in Q1 2025.
• Historically, Cost of Revenue has averaged $686.7 million across 5 years, with a median of $686.8 million in 2022.
• Annual changes were most pronounced in 2022 — Cost of Revenue climbed 27.57% — and 2024, when it slipped 13.94%.
• Mattel's Cost of Revenue stood at $799.3 million in 2022, then advanced by 3.91% to $830.5 million in 2023, then decreased by 2.36% to $810.9 million in 2024, then climbed by 17.9% to $956.1 million in 2025, then tumbled by 50.28% to $475.4 million in 2026.
• The last three Cost of Revenue figures came in at $475.4 million (Q1 2026), $956.1 million (Q4 2025), and $867.7 million (Q3 2025), per Business Quant data.