Mattel posted Q1 2026 revenue of $862 million, up 4% YoY, beating the $809.19 million consensus estimate.
Adjusted loss per share narrowed to $0.20 versus the $0.21 expected loss, while operating loss widened to $70 million.
International sales rose 15% offset by a 3% decline in North America, and Hot Wheels billings grew 17% to $361 million.
Mattel repurchased $200 million of shares this quarter, keeping its $400 million 2026 buyback target, and its FY EPS guidance rose to $1.27‑$1.39.