HASBRO, INC.
Business
Hasbro, Inc. is a games, intellectual property, and toy company that creates play experiences for kids, families, and fans through physical and digital games, toys, licensed consumer products, location-based entertainment, film, and TV. The company operates three core lines of business: games (including trading card games and digital gaming), IP licensing and entertainment (including consumer products licensing, digital games licensing, and location-based experiences), and toys marketed under brands like MAGIC: THE GATHERING, MONOPOLY, TRANSFORMERS, DUNGEONS & DRAGONS, NERF, and PEPPA PIG. Hasbro distributes globally through retail stores, ecommerce platforms, and direct-to-consumer channels including Hasbro PULSE and SECRET LAIR.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenues | 4,701 | 4,136 | 5,003 | 5,857 | 6,420 | |
| Cost of sales | 1,296 | 1,180 | 1,706 | 1,912 | 1,928 | |
| Program cost amortization | 36 | 49 | 449 | 556 | 629 | |
| Royalties | 369 | 284 | 428 | 493 | 620 | |
| Product development | 386 | 294 | 307 | 308 | 316 | |
| Advertising | 317 | 320 | 358 | 387 | 507 | |
| Amortization of intangible assets | 66 | 68 | 83 | 105 | 117 | |
| Impairment of goodwill (Note 8) | 1,022 | 0 | 1,191 | 0 | 0 | |
| Loss on disposal of business | 25 | 37 | 539 | 22 | 109 | |
| Selling, distribution and administration | 1,174 | 1,213 | 1,480 | 1,666 | 1,433 | |
| Total costs and expenses | 4,690 | 3,446 | 6,542 | 5,449 | 5,657 | |
| Operating profit (loss) | 11 | 690 | −1,539 | 408 | 763 | |
| Interest expense | 163 | 171 | 186 | 171 | — | |
| Interest income | −29 | −47 | −23 | −12 | −5 | |
| Other (income) expense, net | −22 | 69 | 7 | −13 | 7 | |
| Total non-operating expense, net | 113 | 193 | 170 | 146 | 181 | |
| (Loss) earnings before income taxes | −102 | 497 | −1,709 | 262 | 582 | |
| Income tax expense (benefit) | 216 | 103 | −221 | 59 | 147 | |
| Net (loss) earnings | −318 | 394 | −1,488 | 203 | 435 | |
| Net earnings attributable to noncontrolling interests | 4 | 9 | 2 | −500,000 | 7 | |
| Net (loss) earnings attributable to Hasbro, Inc. | −322 | 386 | −1,489 | 204 | 429 | |
| Basic (in dollars per share) | −2.3 | 2.77 | −10.73 | 1.47 | 3.11 | |
| Diluted (in dollars per share) | −2.3 | 2.75 | −10.73 | 1.46 | 3.1 | |
| Cash dividends declared (in dollars per share) | 2.8 | 2.1 | 2.8 | 2.8 | 2.72 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents, including restricted cash of $0.4 and $0.3 | 777 | 695 | 545 | 513 | 1,019 | |
| Short-term investments | 105 | 0 | — | — | — | |
| Accounts receivable, net of allowance for credit losses of $61.3 and $25.8 | 1,060 | 920 | 1,029 | 1,132 | 1,500 | |
| Inventories | 260 | 274 | 332 | 677 | 552 | |
| Prepaid expenses and other current assets | 382 | 354 | 417 | 677 | 656 | |
| Total current assets | 2,584 | 2,243 | 2,324 | 2,999 | 3,728 | |
| Property, plant and equipment, net | 248 | 303 | 334 | 423 | 421 | |
| Goodwill | 1,257 | 2,278 | 2,279 | 3,470 | 3,420 | |
| Other intangible assets, net | 457 | 518 | 588 | 815 | 1,172 | |
| Other assets | 1,007 | 999 | 1,016 | 1,589 | 1,297 | |
| Total assets | 5,552 | 6,340 | 6,541 | 9,296 | 10,038 | |
| Current portion of long-term debt | 497 | 0 | 500 | 113 | 200 | |
| Accounts payable | 335 | 342 | 341 | 427 | 580 | |
| Accrued liabilities | 1,039 | 1,060 | 1,216 | 1,507 | 1,675 | |
| Total current liabilities | 1,871 | 1,401 | 2,056 | 2,190 | 2,456 | |
| Long-term debt | 2,768 | 3,381 | 2,966 | 3,711 | 3,824 | |
| Other liabilities | 348 | 373 | 432 | 533 | 671 | |
| Total liabilities | 4,987 | 5,155 | 5,454 | 6,434 | 6,951 | |
| Commitments and contingencies (Note 21) | — | — | — | — | — | |
| Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued | 0 | 0 | 0 | 0 | 0 | |
| Common stock of $0.50 par value. Authorized 600,000,000 shares; issued 220,286,736 shares as of 2025 and 2024 | 110 | 110 | 110 | 110 | 110 | |
| Additional paid-in capital | 2,695 | 2,632 | 2,591 | 2,541 | 2,428 | |
| Retained earnings | 1,554 | 2,274 | 2,188 | 4,071 | 4,258 | |
| Accumulated other comprehensive loss | −218 | −246 | −202 | −255 | −235 | |
| Treasury stock, at cost, 79,901,615 shares in 2025 and 80,758,045 shares in 2024 | −3,604 | −3,613 | −3,626 | −3,634 | −3,535 | |
| Noncontrolling interests | 27 | 27 | 25 | 29 | 37 | |
| Total shareholders equity | 566 | 1,185 | 1,087 | 2,862 | 3,063 | |
| Total liabilities, noncontrolling interests and shareholders equity | 5,552 | 6,340 | 6,541 | 9,296 | 10,038 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation of property, plant and equipment | 70 | 95 | 128 | 127 | 163 | |
| Impairment of intangibles and production assets | 0 | 0 | 116 | 281 | 0 | |
| Loss on Discovery Family Channel investment | 0 | 78 | 0 | 0 | 74 | |
| Inventory obsolescence | 49 | 22 | 91 | 45 | 8 | |
| Deferred income taxes | 158 | −21 | −244 | −130 | 36 | |
| Share-based compensation | 80 | 51 | 72 | 83 | 98 | |
| Other non-cash items | 26 | 13 | −6 | 3 | −2 | |
| Net change in accounts receivable | −150 | 77 | 16 | 340 | −160 | |
| Net change in inventories | −25 | 22 | 257 | −185 | −182 | |
| Net change in prepaid expenses and other current assets | −41 | 59 | 35 | 17 | −31 | |
| Program production costs | −10 | −25 | −408 | −768 | −697 | |
| Net change in accounts payable and accrued liabilities | −35 | −79 | −110 | −279 | 313 | |
| Change in net deemed repatriation tax | −57 | −46 | −34 | −18 | −18 | |
| Other | −1 | 51 | 38 | −30 | — | |
| Net cash provided by operating activities | 893 | 847 | 726 | 373 | 818 | |
| Additions to property, plant and equipment | −63 | −87 | −136 | −128 | −133 | |
| Additions to software development | −135 | −110 | −74 | −46 | — | |
| Net (settlement) proceeds from sale of business, net of cash transferred | 0 | −12 | 330 | 0 | 379 | |
| Purchase of investments | −105 | −571 | 0 | 0 | — | |
| Maturity of investments | 0 | 583 | 0 | 0 | 0 | |
| Other | 19 | −6 | −3 | 8 | −4 | |
| Net cash (utilized) provided by investing activities | −284 | −204 | 118 | −313 | 242 | |
| Proceeds from borrowings | 0 | 499 | 3 | 4 | 144 | |
| Repayments of borrowings | −118 | −581 | −360 | −206 | −1,220 | |
| Net repayments of other short-term borrowings | 0 | 0 | −42 | 142 | −6 | |
| Share-based compensation transactions | 10 | 8 | 0 | 74 | — | |
| Dividends paid | −393 | −390 | −388 | −385 | −375 | |
| Payments related to tax withholding for share-based compensation | −24 | −14 | −17 | −24 | −14 | |
| Payment of financing costs | 0 | −5 | 0 | 0 | 0 | |
| Other | −7 | −13 | −15 | −33 | −11 | |
| Net cash utilized by financing activities | −531 | −498 | −818 | −553 | −1,460 | |
| Effect of exchange rate changes on cash | 4 | 3 | 7 | −13 | −31 | |
| Net increase in cash, cash equivalents and restricted cash | 82 | 150 | 32 | −506 | −431 | |
| Interest paid | 158 | 162 | 179 | 162 | 172 | |
| Income taxes paid, net | 197 | 93 | 120 | 177 | 161 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is HASBRO, INC.'s CIK number?
HASBRO, INC.'s SEC CIK number is 0000046080 (46080). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find HASBRO, INC.'s SEC filings?
All of HASBRO, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did HASBRO, INC. last report earnings?
HASBRO, INC. (HAS) most recently filed an earnings 8-K with the SEC on May 20, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000046080-26-000029). This is HASBRO, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is HASBRO, INC.'s most recent earnings 8-K?
HASBRO, INC.'s latest earnings 8-K (Item 2.02) was filed May 20, 2026 under accession 0000046080-26-000029. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View HASBRO, INC.'s latest earnings 8-K →
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