# Hasbro, Inc. (HAS)

> HAS · Nasdaq · Consumer discretionary, toys and games · United States · US GAAP · Fiscal year ends December
>
> Latest report: Q3 FY2026, the quarter ended 27 September 2026, released 29 October 2026. Snapshot FY2026Q3_23a75599.

Page: https://annalist.io/company/hasbro/

Identifiers: LEI 549300NUB6D2R1ITYR45, CIK 0000046080

## Latest Figures

| Figure | Value | Exact value | Unit | Change | Period | Period end | Source documents |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue, quarter | $1.6bn | 1595300000 | USD | +15.0% year on year | FY2026 Q3 | 2026-09-27 | 10-Q 2026-09 |
| Operating income, quarter | $517m | 517300000 | USD | +51.7% year on year | FY2026 Q3 | 2026-09-27 | 10-Q 2026-09 |
| Net income, quarter | $394m | 394500000 | USD | +69.2% year on year | FY2026 Q3 | 2026-09-27 | 10-Q 2026-09 |
| Diluted EPS, quarter | $2.77 | 2.77 | USD/shares | +68.9% year on year | FY2026 Q3 | 2026-09-27 | 10-Q 2026-09 |
| Operating margin, last 4 quarters | 25.8% | 25.8174 | % | +31.0pp year on year | FY2026 Q3 | 2026-09-27 | 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06, 10-Q 2026-09 |
| Return on equity, last 4 quarters | 145% | 144.7576 | % | +210.7pp year on year | FY2026 Q3 | 2026-09-27 | 10-Q 2026-09, 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06 |

- Operating margin: Operating income / revenue.
- Return on equity: Net income attributable to the company / average shareholders' equity attributable to the company.

## Key Findings

Each finding is a sentence written by a fixed rule from the figures; the mark in brackets is how the finding moved against the report before.

- Revenue for the quarter ended 27 September 2026 was US$1.6 billion, 15.0% higher than in the same quarter a year earlier. [Weakened in Q3 FY2026] Sources: 10-Q 2026-09.
- Net income attributable to the company was US$394 million, 69.2% higher than in the same quarter a year earlier. [New in Q3 FY2026] Sources: 10-Q 2026-09.
- The operating margin over the last 4 quarters was 25.8%, 31.0 percentage points higher than a year earlier. [Strengthened in Q3 FY2026] Sources: 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06, 10-Q 2026-09.
- Return on equity over the last 4 quarters was 144.8%, against -65.9% a year earlier. [Weakened in Q3 FY2026] Sources: 10-Q 2026-09, 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06.
- Free cash flow over the last 4 quarters was US$1.2 billion, and operating cash flow was 1.4 times net income attributable to the company. [Confirmed in Q3 FY2026] Sources: 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06, 10-Q 2026-09.
- Net debt was US$2.7 billion at 27 September 2026, 1.8 times EBITDA over the last 4 quarters. [Confirmed in Q3 FY2026] Sources: 10-Q 2026-09, 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06.
- Lease-adjusted debt was 2.4 times adjusted EBITDA over the last 4 quarters, and funds from operations equalled 34.1% of that debt. Both ratios are within the intermediate band of the S&P standard volatility table. The lease figures that the quarters do not report are estimated from the lease cost of fiscal 2025. [Confirmed in Q3 FY2026] Sources: 10-Q 2026-09, 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06.
- Cash, short-term investments and operating cash flow over the last 4 quarters equalled 1.6 times the sum of debt due within 12 months, capital expenditure and dividends. [Weakened in Q3 FY2026] Sources: 10-Q 2026-09, 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06.
- Operating cash flow over the last 4 quarters exceeded net income attributable to the company by an amount equal to 6.0% of average total assets. [Weakened in Q3 FY2026] Sources: 10-Q 2026-09, 10-K 2025-12, 10-Q 2025-09, 10-Q 2026-03, 10-Q 2026-06.
- The Altman Z'' score for fiscal 2025 was 1.89, between the distress threshold of 1.10 and the safe threshold of 2.60. [New in FY2025] Sources: 10-Q 2026-09, 10-K 2025-12.
- The Beneish M-score for fiscal 2025 was minus 3.45, below the model threshold of minus 1.78. [Strengthened in FY2025] Sources: 10-K 2025-12, 10-Q 2026-09.
- The Piotroski F-score for fiscal 2025 was 6 of 9. The 3 signals not met were return on assets above zero, return on assets higher than a year earlier and current ratio higher than a year earlier. [New in FY2025] Sources: 10-K 2024-12, 10-K 2025-12, 10-Q 2026-09.

## Fiscal Years

| Fiscal year | Year end | Item | Value | Exact value | Unit | Source documents |
| --- | --- | --- | --- | --- | --- | --- |
| FY2025 | 2025-12-28 | Revenue | $4.7bn | 4701300000 | USD | 10-K 2025-12 |
| FY2025 | 2025-12-28 | Operating income | $11.1m | 11100000 | USD | 10-K 2025-12 |
| FY2025 | 2025-12-28 | Net income attributable to the company | −$322m | -322400000 | USD | 10-K 2025-12 |
| FY2024 | 2024-12-29 | Revenue | $4.1bn | 4135500000 | USD | 10-K 2025-12 |
| FY2024 | 2024-12-29 | Operating income | $690m | 690000000 | USD | 10-K 2025-12 |
| FY2024 | 2024-12-29 | Net income attributable to the company | $386m | 385600000 | USD | 10-K 2025-12 |
| FY2023 | 2023-12-31 | Revenue | $5.0bn | 5003300000 | USD | 10-K 2025-12 |
| FY2023 | 2023-12-31 | Operating income | −$1.5bn | -1538800000 | USD | 10-K 2025-12 |
| FY2023 | 2023-12-31 | Net income attributable to the company | −$1.5bn | -1489300000 | USD | 10-K 2025-12 |
| FY2022 | 2022-12-25 | Revenue | $5.9bn | 5856700000 | USD | 10-K 2024-12 |
| FY2022 | 2022-12-25 | Operating income | $408m | 407700000 | USD | 10-K 2024-12 |
| FY2022 | 2022-12-25 | Net income attributable to the company | $204m | 203500000 | USD | 10-K 2024-12 |
| FY2021 | 2021-12-26 | Revenue | $6.4bn | 6420400000 | USD | 10-K 2023-12 |
| FY2021 | 2021-12-26 | Operating income | $763m | 763300000 | USD | 10-K 2023-12 |
| FY2021 | 2021-12-26 | Net income attributable to the company | $429m | 428700000 | USD | 10-K 2023-12 |

## Source Documents

- 10-Q 2026-09: Form 10-Q, period ended 27 September 2026, 29 Oct 2026 (https://www.sec.gov/Archives/edgar/data/46080/000004608026000065/has-20260927.htm)
- 10-K 2025-12: Form 10-K, period ended 28 December 2025, 25 Feb 2026 (https://www.sec.gov/Archives/edgar/data/46080/000004608026000011/has-20251228.htm)
- 10-Q 2025-09: Form 10-Q, period ended 28 September 2025, 5 Nov 2025 (https://www.sec.gov/Archives/edgar/data/46080/000004608025000164/has-20250928.htm)
- 10-Q 2026-03: Form 10-Q, period ended 29 March 2026, 13 May 2026 (https://www.sec.gov/Archives/edgar/data/46080/000004608026000026/has-20260329.htm)
- 10-Q 2026-06: Form 10-Q, period ended 28 June 2026, 30 Jul 2026 (https://www.sec.gov/Archives/edgar/data/46080/000004608026000050/has-20260628.htm)
- 10-K 2024-12: Form 10-K, period ended 29 December 2024, 27 Feb 2025 (https://www.sec.gov/Archives/edgar/data/46080/000004608025000027/has-20241229.htm)
- 10-K 2023-12: Form 10-K, period ended 31 December 2023, 28 Feb 2024 (https://www.sec.gov/Archives/edgar/data/46080/000004608024000034/has-20231231.htm)

## Reliability

- 287 checks compare these figures with other official figures; 0 failed.
- 1 value is withheld because the filings do not prove it; a withheld value is absent, never estimated.
- Every earlier snapshot stays published: https://annalist.io/api/v1/companies/hasbro/snapshots.json

## Cite

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## Full Data

- [Every statement, ratio and document of this snapshot (JSON)](https://annalist.io/api/v1/companies/hasbro/snapshots/FY2026Q3_23a75599/info.json)
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- [Side by side](https://annalist.io/compare/?c=hasbro,hilton,marriott,tesla)

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Figures come from official filings and are provided as they are, without warranty of accuracy or completeness. They are not investment advice.