Mattel (MAT) Operating Income (2009 - 2026)
Mattel's (MAT) quarterly Operating Income came in at -$102.7 million in Q1 2026, down 93.81% YoY from -$1.7 billion in Q1 2025, and down 172.79% on a QoQ basis from $141.1 million in Q4 2025.
Mattel (MAT) Operating Income (2009 - 2026) Analysis & Trends
Mattel (MAT) has 18 years of Operating Income data on file, last reported at -$102.7 million in Q1 2026.
- Quarterly Operating Income fell 93.81% year-over-year to -$102.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $496.7 million (down 26.61% YoY) and the FY2025 annual result came in at $546.4 million, down 21.3% from the prior year.
- Operating Income fell to -$102.7 million in Q1 2026, from $141.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $488.3 million in Q3 2024 to a low of -$115.0 million in Q1 2023.
- A 5-year average of $139.7 million and a median of $83.2 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income soared 154.54% — and 2023, when it plunged 243.68%.
- Tracing MAT's Operating Income over 5 years: stood at $79.0 million in 2022, then soared by 77.3% to $140.1 million in 2023, then climbed by 12.99% to $158.3 million in 2024, then decreased by 10.87% to $141.1 million in 2025, then slumped by 172.79% to -$102.7 million in 2026.
- The last three Operating Income figures came in at -$102.7 million (Q1 2026), $141.1 million (Q4 2025), and $379.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | 321.10 Mn |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 252.50 Mn |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | 149.71 Mn |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 176.59 Mn |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | 10.87 Mn |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | 123.81 Mn |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | 93.52 Mn |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 114.80 Mn |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | 24.51 Mn |
| 10 | Peloton Interactive | 2.29 Bn | 1.08 Bn | 344.40 Mn | 81.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.87 Mn |
| Mar 31, 2026 | -102.68 Mn |
| Dec 31, 2025 | 141.06 Mn |
| Sep 30, 2025 | 379.85 Mn |
| Jun 30, 2025 | 78.50 Mn |
| Mar 31, 2025 | -52.98 Mn |
| Dec 31, 2024 | 158.25 Mn |
| Sep 30, 2024 | 488.34 Mn |
| Jun 30, 2024 | 83.21 Mn |
| Mar 31, 2024 | -35.52 Mn |
| Dec 31, 2023 | 140.06 Mn |
| Sep 30, 2023 | 473.86 Mn |
| Jun 30, 2023 | 62.78 Mn |
| Mar 31, 2023 | -115.04 Mn |
| Dec 31, 2022 | 79.00 Mn |
| Sep 30, 2022 | 391.37 Mn |
| Jun 30, 2022 | 125.08 Mn |
| Mar 31, 2022 | 80.07 Mn |
| Dec 31, 2021 | 257.48 Mn |
| Sep 30, 2021 | 389.07 Mn |