Mattel MAT
NASDAQ MAT
$14.49 -0.15 (-0.99%)
As of: Sep 3, 2026 · 10:24 AM EDT

Mattel (MAT) Gross Margin (2009 - 2026)

Mattel's (MAT) quarterly Gross Margin came in at 44.86% in Q1 2026, down 451.0% YoY from 12.78% in Q1 2025, and down 2.21% on a QoQ basis from 45.87% in Q4 2025.

Analysis

Mattel (MAT) Gross Margin (2009 - 2026) Analysis & Trends

Mattel (MAT) has 18 years of Gross Margin data on file, last reported at 44.86% in Q1 2026.

  • Quarterly Gross Margin fell 451.0% year-over-year to 44.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 48.01% (down 301.0% YoY) and the FY2025 annual result came in at 48.73%, down 210.0% from the prior year.
  • Gross Margin eased to 44.86% in Q1 2026, from 45.87% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 53.09% in Q3 2024 to a low of 39.99% in Q1 2023.
  • A 5-year average of 47.58% and a median of 48.23% in 2022 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin slumped 638 bps — and 2024, when it jumped 804 bps.
  • Tracing MAT's Gross Margin over 5 years: stood at 42.99% in 2022, then grew by 13 bps to 48.76% in 2023, then rose by 4 bps to 50.74% in 2024, then decreased by 10 bps to 45.87% in 2025, then decreased by 2 bps to 44.86% in 2026.
  • The last three Gross Margin figures came in at 44.86% (Q1 2026), 45.87% (Q4 2025), and 50.02% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amer Sports 15.63 Bn 14.91 Bn 1.07 Bn 65.64%
2 Hasbro 13.14 Bn 11.76 Bn 867.20 Mn 76.10%
3 Life Time Group Holdings 9.59 Bn 9.36 Bn 412.26 Mn 47.61%
4 Acushnet Holdings 5.14 Bn 5.07 Bn 445.83 Mn 54.37%
5 Mattel 4.19 Bn 3.66 Bn 542.12 Mn 48.17%
6 Planet Fitness 3.95 Bn 3.55 Bn 300.73 Mn 82.34%
7 YETI Holdings 3.08 Bn 3.02 Bn 322.52 Mn 66.66%
8 Callaway Golf 2.79 Bn 2.51 Bn 306.70 Mn 50.10%
9 Peloton Interactive 2.30 Bn 1.10 Bn 344.40 Mn 56.67%
10 Onespaworld Holdings 2.19 Bn 2.14 Bn 84.35 Mn 32.29%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 48.17%
Mar 31, 2026 44.86%
Dec 31, 2025 45.87%
Sep 30, 2025 50.02%
Jun 30, 2025 50.95%
Mar 31, 2025 49.37%
Dec 31, 2024 50.74%
Sep 30, 2024 53.09%
Jun 30, 2024 49.15%
Mar 31, 2024 48.04%
Dec 31, 2023 48.76%
Sep 30, 2023 50.97%
Jun 30, 2023 45.05%
Mar 31, 2023 39.99%
Dec 31, 2022 42.99%
Sep 30, 2022 48.23%
Jun 30, 2022 44.42%
Mar 31, 2022 46.37%
Dec 31, 2021 49.27%
Sep 30, 2021 47.81%