Mattel (MAT) Gross Margin (2009 - 2026)
Mattel (MAT) posted Gross Margin of 48.17% for Q2 2026, down 2.77 percentage points from 50.95% a year earlier but up 3.31 percentage points from the prior quarter.
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Analysis
Mattel (MAT) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Mattel was 47.50%, down 3.89 percentage points year-over-year; for FY2025, it came in at 48.73%, down 2.10 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -0.16 percentage points (FY2020 to FY2025).
- In prior years, Mattel's Gross Margin was 50.82% in FY2024 (+3.34 pp), 47.48% in FY2023 (+1.83 pp), 45.66% in FY2022 (-2.47 pp) and 48.13% in FY2021 (-0.76 pp).
- Quarterly Gross Margin has run from a low of 39.99% in Q1 2023 to a high of 53.09% in Q3 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of -1.00 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2024, with a gain of 8.04 percentage points; the weakest was Q1 2023, with a drop of 6.38 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 44.86% (Q1 2026), 45.87% (Q4 2025) and 50.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | 65.64% |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 76.10% |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 54.37% |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | 48.17% |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | 66.66% |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 50.10% |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 56.67% |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | 34.70% |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | 21.35% |
| 10 | Smith & Wesson Brands | 629.10 Mn | 541.36 Mn | 32.27 Mn | 28.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Mattel Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();