HASHasbro

Consumer discretionary · Toys · Nasdaq

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

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The biggest changes in the 10-K filed 2026-02-25, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Net income

-183.6% Big change FY to 2025-12-28 vs 2024-12-29

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Operating margin

16.7% → 0.2% (-16.4 pts) Big change FY to 2025-12-28 vs 2024-12-29

“Segment operating profit margin increased to 46.0% in 2025 from 41.8% in 2024, primarily driven by increased net revenue and product mix in 2025 as compared to 2024.”
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“The decrease in operating profit in 2025 in both dollars and percent was driven by the declines in revenue, discussed above, a non-cash goodwill impairment charge of $1,021.9 million recorded in 2025, and approximately $44.9 million of tariff costs recognized in Cost of sales.”
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Revenue

+13.7% Big change FY to 2025-12-28 vs 2024-12-29

“Consolidated net revenues for the year ended December 28, 2025 increased 13.7% to $4,701.3 million from $4,135.5 million for the year ended December 29, 2024, primarily driven by growth of $675.6 million, or 44.7%, in the Wizards of the Coast and Digital Gaming segment.”
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“During 2025, Optimize Brands net revenue decreases were driven by lower net revenues from the Company's products for STAR WARS, impacted by a reduced slate of entertainment releases, along with declines from PEPPA PIG and BABY ALIVE.”
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Cash from operations

+5.4% FY to 2025-12-28 vs 2024-12-29

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

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