Revenue Growth Driven by Core Business
Revenue increased 10.6% year-over-year to $1.11B in Q1 2026 from $1.01B in Q1 2025, suggesting meaningful top-line momentum across Hasbro's business segments.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Hasbro delivered a strong Q1 2026, with revenue up 10.6% to $1.11B, net income more than doubling to $198.4M, and operating cash flow surging 144.5% to $337.7M, reflecting significant margin expansion and operational improvement.
Revenue
$1.11B
+10.64% YoY
EPS (Diluted)
$1.39
+98.57% YoY
Operating Income
$270.3M
+58.35% YoY
Source: SEC XBRL
Hasbro (HAS) reported Q1 FY2026 revenue of $1.11B, up 10.6% year over year. Operating margin was 24.3%, up 7.3 points from 17.0% a year earlier. Operating cash flow was $337.7M, up 144.5% year over year. HAS's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 1.28 | 1.15 | Beat +11.3% |
| Mar 2026This filing | 1.47 | 1.15 | Beat +28.3% |
| Dec 2025 | 1.51 | 0.96 | Beat +56.5% |
| Sep 2025 | 1.68 | 1.65 | Beat +1.9% |
Adjusted (non-GAAP) EPS of $1.47 versus the $1.15 analyst consensus — a +28.3% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $1.39.
Compiled by AI from this SEC filing
Revenue increased 10.6% year-over-year to $1.11B in Q1 2026 from $1.01B in Q1 2025, suggesting meaningful top-line momentum across Hasbro's business segments.
Source: 10-Q Income Statement
Operating margin expanded approximately 7.3 percentage points to 24.3% from 17.0% in the prior year period, driven by revenue growth outpacing cost increases and a 3.9% reduction in SG&A expenses to $259.1M.
Source: 10-Q Income Statement & Key Ratios
Net income surged 101.2% year-over-year to $198.4M from $98.6M, with diluted EPS rising 98.6% to $1.39 from $0.70, reflecting strong operating leverage and cost discipline.
Source: 10-Q Income Statement
Operating cash flow jumped 144.5% to $337.7M from $138.1M in Q1 2025, demonstrating significantly improved cash generation capability and earnings quality.
Source: 10-Q Cash Flow Statement
Investing cash outflows increased dramatically to -$472.1M from -$52.4M in the prior year period, suggesting significant capital deployment for acquisitions or investments, which warrants monitoring for return on investment.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 2 high, 2 medium, 1 low
Hasbro carries $3.09B in long-term debt as of Q1 2026, representing a significant financial obligation. While long-term debt declined 7.1% year-over-year, total liabilities increased 8.5% to $5.26B, meaning liabilities represent approximately 88.6% of total assets, leaving limited financial flexibility.
Source: 10-Q Balance Sheet
Investing cash outflows surged to -$472.1M in Q1 2026 from just -$52.4M in Q1 2025, an 801% increase. This sharp rise may indicate a large acquisition or strategic investment, which could introduce integration risk, goodwill impairment risk, or dilution of returns if the investment underperforms.
Source: 10-Q Cash Flow Statement
Cost of revenue grew 15.5% year-over-year to $236.1M, outpacing revenue growth of 10.6%. This divergence in growth rates could pressure gross margins if sustained, particularly in an environment of tariff uncertainty or supply chain disruptions.
Source: 10-Q Income Statement
Total liabilities of $5.26B exceed total assets of $5.93B by a narrow margin, resulting in a relatively thin equity cushion. Any deterioration in asset values or unexpected liabilities could materially impact the balance sheet.
Source: 10-Q Balance Sheet
R&D expense declined 3.1% year-over-year to $78.0M, which could signal reduced investment in new product development. For a consumer entertainment and toy company, sustained underinvestment in innovation may affect long-term competitive positioning.
Source: 10-Q Income Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 1.11 $B | 1.01 $B | +10.64% |
Cost of Revenue $M | 236.10 $M | 204.50 $M | +15.45% |
Operating Income $M | 270.30 $M | 170.70 $M | +58.35% |
Net Income $M | 198.40 $M | 98.60 $M | +101.22% |
EPS (Basic) $ | 1.41 $ | 0.71 $ | +98.59% |
EPS (Diluted) $ | 1.39 $ | 0.70 $ | +98.57% |
R&D Expense $M | 78.00 $M | 80.50 $M | -3.11% |
SG&A Expense $M | 259.10 $M | 269.60 $M | -3.89% |
Answers draw on this SEC filing and the data on this page
In Q2 FY2026, Hasbro reported net revenues of $1.29B (up 13.8% YoY) and net income of $160.9M, rebounding from a significant prior-year net loss driven by strong 27.1% growth in Wizards of the Coast and the absence of prior-year goodwill impairment.
Hasbro (HAS) reported FY2025 revenue growth of 13.1% to $5.37B, but swung to a net loss of $322.4M as operating income collapsed 98.4% to just $11.1M, driven by a sharp rise in R&D spending and significant asset impairments.