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Screener / SEC EDGAR /CIK 0000046080 /10-K filed Feb 25, 2026, compared with Feb 27, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
DECKWSMHASGRMNWYNNDPZ
Nasdaq Consumer discretionary · Toys

Hasbro HAS

HAS quote by TradingView

Hasbro, Inc. (“Hasbro”) is a leading game, intellectual property ("IP"), and toy company whose mission is to create joy and community through the magic of play. 10-K, Item 1

Employees
4,520
Headquarters
Pawtucket, RI
Next results
around Feb 9, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2024

Revenue of $4.7B through the costs to a net profit of $385.6M · income statement of the 10-K

15% operating margin
Revenue to Gross profit: $3.6BRevenue to Cost of revenue: $1.2BGross profit to Operating profit: $690.0MGross profit to Operating expenses: $2.9BOperating profit to Net profit: $385.6MOperating profit to Tax & other: $304.4MOperating expenses to R&D: $294.1MOperating expenses to Sales, admin & other: $2.6B Revenue: $4.7B REVENUE $4.7B −17% Y/Y Gross profit: $3.6B · 75% margin GROSS PROFIT $3.6B 75% margin Cost of revenue: $1.2B · 25% of revenue COST OF REVENUE $1.2B 25% of revenue Operating profit: $690.0M · 15% margin OPERATING PROFIT $690.0M 15% margin Operating expenses: $2.9B · 61% of revenue OPERATING EXPENSES $2.9B 61% of revenue Net profit: $385.6M · 8% margin NET PROFIT $385.6M 8% margin Tax & other: $304.4M · 6% of revenue TAX & OTHER $304.4M 6% of revenue R&D: $294.1M · 6% of revenue R&D $294.1M 6% of revenue Sales, admin & other: $2.6B · 54% of revenue SALES, ADMIN & OTHER $2.6B 54% of revenue
Gross profit $3.6B 75% margin
Operating profit $690.0M 15% margin
Net profit $385.6M 8% margin
The full income statement, year by year

HAS among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 46 peers the company is above, not a score.

Compare
Revenue growth: 13.1%, above 85% of 46 peers (their median 5.2%) REVENUE GROWTH 13.1% · above 85% Gross margin: 65.6%, above 83% of 30 peers (their median 40.7%) GROSS MARGIN 65.6% · above 83% Operating margin: 22.9%, above 79% of 39 peers (their median 15.8%) OPERATING MARGIN 22.9% · above 79% Net margin: 16.3%, above 78% of 46 peers (their median 10.8%) NET MARGIN 16.3% · above 78% FCF margin: 21.0%, above 91% of 44 peers (their median 9.2%) FCF MARGIN 21.0% · above 91%
HAS Peer median Below the median

What changed

9 new risk paragraphs and 2 accounting facts worth reading about. 10-K filed Feb 25, 2026 against Feb 27, 2025.

Risk factors
9 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Late filing notice (NT 10-K or NT 10-Q)
NT 10-Q filed May 11, 2026: the company said its 10-Q would be late
10-K · XBRL
Critical audit matters changed
New this year: Valuation of the North America Consumer Products reporting unit (“As discussed in Notes 1 and 8 to the consolidated financial statements, the Company assesses goodwill and other intangible assets with indefinite lives at least annually, or more frequently if an event occurs or circumstances change that indicate the carrying value of a reporting unit may not be rec”). Same as last year: Evaluation of the sufficiency of audit evidence over royalty revenues and related contract assets and liabilities
10-K · XBRL
Accounting checks
9 other checks clear, 2 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

2facts worth reading about the other 9 checks found nothing to note

  • Late filing notice (NT 10-K or NT 10-Q)
    NT 10-Q filed May 11, 2026: the company said its 10-Q would be late
  • Critical audit matters changed
    New this year: Valuation of the North America Consumer Products reporting unit (“As discussed in Notes 1 and 8 to the consolidated financial statements, the Company assesses goodwill and other intangible assets with indefinite lives at least annually, or more frequently if an event occurs or circumstances change that indicate the carrying value of a reporting unit may not be rec”). Same as last year: Evaluation of the sufficiency of audit evidence over royalty revenues and related contract assets and liabilities
  • Receivables +15.2% vs revenue +13.1% (+2.2 pts)
8 more checks with nothing to note
  • Cash from operations $893.2M vs net income −$322.4M (FY ending Dec 28, 2025)
  • Inventory -5.3% vs revenue +13.1% (-18.3 pts)
  • Same auditor in both 10-Ks: KPMG LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

9 paragraphs in Risk Factors that were not in the 10-K filed Feb 27, 2025. Quoted as filed.

All 9 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
    Because our strategy emphasizes growing a focused set of franchises and expanding our higher-margin games and digital businesses, including MAGIC: THE GATHERING and DUNGEONS & DRAGONS, adverse trends affecting consumer demand for, or engagement with, any of these key brands could disproportionately impact our results of operations. In…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
    A significant part of our strategy for our consumer products business and our Wizards and digital gaming business is to license premium and well-recognized intellectual property for the development of products. For example, we have licenses with The Walt Disney Company for the Marvel and Star Wars properties for toys and games, and for…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
    As our strategy increasingly relies on third-party partners to invest in and scale experiences based on our intellectual property, reductions in partner investment, shifts in partner priorities or changes in economic conditions could limit the growth, reach or profitability of these initiatives.
  4. Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
    The relocation of our primary headquarters for our toys, board games, licensing and entertainment operations from Rhode Island to Boston, Massachusetts requires substantial investment and could disrupt operations. We may lose experienced personnel unwilling to relocate, and we may face challenges recruiting in Boston's competitive labor…

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$6.7B$5.7B$4.7B$5.4B
Net income$203.5M−$1.5B$385.6M−$322.4M
Operating cash flow$372.9M$725.6M$847.4M$893.2M
Free cash flow$244.7M$590.1M$760.2M$829.9M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$5.4B ▲ 13.1% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Hasbro, Pawtucket, RI · from the 10-K filed Feb 25, 2026

Hasbro, Inc. (“Hasbro”) is a leading game, intellectual property ("IP"), and toy company whose mission is to create joy and community through the magic of play. With over 100 years of expertise, we deliver play experiences to kids, families, and fans around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more. Through our franchise-first approach, we unlock value from both new and legacy IP, including MAGIC: THE GATHERING, MONOPOLY, HASBRO GAMES, PLAY-DOH, TRANSFORMERS, DUNGEONS & DRAGONS, NERF, and PEPPA PIG, as well as premier partner brands.

Headquarters
Pawtucket, RI
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 27
Last results
Oct 20, 2026
Incorporated in
RI

Employees, at the top of the page: "In 2025, we employed approximately 4,520 people worldwide, with approximately 58% of our employees in North America (51% in the United States; 7% in Canada), 19% in Europe, 18% in Asia Pacific, and 5% in Latin America (includes Mexico)" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 25, 2026 (open at SEC), compared with the 10-K filed Feb 27, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/HAS/export.csv") into a cell.