Revenue
$5.35B
Fiscal year ended 2025-12-31Operating income
$546.42M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31MATTEL INC /DE/ (MAT) reported revenue of $5.35B and net income of $397.58M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MATTEL INC /DE/’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.35B | $5.38B | $5.44B | $5.43B | $5.46B | $4.59B | $4.50B | $4.51B | $4.88B | $5.45B |
| Cost of revenue | $2.74B | $2.65B | $2.86B | $2.95B | $2.83B | $2.35B | $2.53B | $2.72B | $3.06B | $2.91B |
| Gross profit | $2.61B | $2.73B | $2.58B | $2.48B | $2.63B | $2.24B | $1.98B | $1.80B | $1.82B | $2.55B |
| Operating income | $546.42M | $694.28M | $561.66M | $675.52M | $729.56M | $374.74M | $37.10M | -$234.35M | -$335.70M | $519.98M |
| Net income | $397.58M | $541.82M | $214.35M | $393.91M | $902.99M | $123.58M | -$218.75M | -$533.30M | -$1.05B | $312.91M |
| Research & development | $227.42M | $194.07M | $198.60M | $195.45M | $189.37M | $189.49M | $197.23M | $205.37M | $225.24M | $215.30M |
| Weighted-average diluted shares | shares 321.79M | shares 343.34M | shares 357.11M | shares 359.61M | shares 357.25M | shares 349.12M | shares 346.13M | shares 345.01M | shares 343.56M | shares 344.23M |
| Pretax income | $459.49M | $622.50M | $465.40M | $504.34M | $470.76M | $177.66M | -$159.66M | -$414.88M | -$501.24M | $402.04M |
| Income tax expense | $89.77M | $105.63M | $269.48M | $135.85M | -$420.38M | $65.55M | $58.32M | $116.20M | $553.33M | $89.13M |
| Diluted EPS | $1.24 | $1.58 | $0.60 | $1.10 | $2.53 | $0.35 | $-0.63 | $-1.55 | $-3.07 | $0.91 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.24B | $1.39B | $1.26B | $761.24M | $731.36M | $762.18M | $630.03M | $594.48M | $1.08B | $869.53M |
| Total assets | $6.64B | $6.54B | $6.44B | $6.18B | $6.39B | $5.53B | $5.33B | $5.24B | $6.23B | $6.49B |
| Current assets | $3.13B | $3.13B | $3.12B | $2.73B | $2.87B | $2.50B | $2.25B | $2.35B | $3.10B | $2.94B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $1.46B | $1.32B | $1.34B | $1.19B | $1.60B | $1.36B | $1.28B | $1.25B | $1.62B | $1.51B |
| Total equity incl. NCI | $2.23B | $2.26B | $2.15B | $2.06B | $1.57B | $610.14M | $508.56M | $688.99M | $1.26B | $2.41B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $563.14M | $501.73M | $571.61M | $894.06M | $777.18M | $528.47M | $495.50M | $542.89M | $600.70M | $613.80M |
| Accounts receivable | $1.10B | $1.00B | $1.08B | $860.22M | $1.07B | $1.03B | $936.36M | $970.08M | $1.12B | $1.12B |
| Goodwill | $1.39B | $1.38B | $1.38B | $1.38B | $1.39B | $1.39B | $1.39B | $1.39B | $1.40B | $1.39B |
| Long-term debt | $2.33B | $2.33B | $2.33B | $2.33B | $2.57B | $2.85B | $2.85B | $2.85B | $2.87B | $2.13B |
| Accounts payable | $555.40M | $398.98M | $442.29M | $471.48M | $579.15M | $495.36M | $459.36M | $537.96M | $572.17M | $664.86M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $593.26M | $800.57M | $869.79M | $442.84M | $485.46M | $285.70M | $168.44M | -$27.32M | -$27.61M | $594.51M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $74.66M | $128.94M | $140.12M |
| Investing cash flow | -$154.93M | -$189.04M | -$142.42M | -$144.22M | -$105.10M | -$132.10M | -$101.64M | -$160.76M | -$235.66M | -$311.91M |
| Financing cash flow | -$620.57M | -$449.35M | -$226.57M | -$260.64M | -$402.07M | -$5.84M | -$33.14M | -$285.16M | $458.45M | -$281.47M |
| Net change in cash | -$144.98M | $126.54M | $500.13M | $29.87M | -$30.82M | $132.15M | $35.55M | -$484.74M | $209.69M | -$23.28M |
| Stock-based compensation | $79.72M | $79.43M | $83.33M | $69.07M | $60.08M | $60.17M | $55.97M | $48.92M | $67.12M | $53.95M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $0 | $311.97M | $518.53M |
| Common share repurchases | $600.00M | $400.00M | $203.02M | $0 | $0 | Unavailable | Unavailable | Unavailable | Unavailable | $0 |
| Depreciation & amortization | $167.98M | $167.96M | $177.34M | $182.18M | $184.31M | $193.45M | $244.52M | $271.93M | $274.77M | $262.34M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $454.38M |
| Gross margin | 48.7% | 50.8% | 47.5% | 45.7% | 48.1% | 48.9% | 43.9% | 39.8% | 37.4% | 46.7% |
| Operating margin | 10.2% | 12.9% | 10.3% | 12.4% | 13.4% | 8.2% | 0.8% | -5.2% | -6.9% | 9.5% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 8.3% |
| SBC / revenue | 1.5% | 1.5% | 1.5% | 1.3% | 1.1% | 1.3% | 1.2% | 1.1% | 1.4% | 1.0% |
| Current ratio | 2.15x | 2.38x | 2.33x | 2.30x | 1.80x | 1.84x | 1.76x | 1.88x | 1.91x | 1.95x |
| Revenue YoY growth | -0.6% | -1.1% | 0.1% | -0.4% | 18.9% | 1.9% | -0.2% | -7.5% | -10.5% | Unavailable |
| Net margin | 7.4% | 10.1% | 3.9% | 7.2% | 16.5% | 2.7% | -4.9% | -11.8% | -21.6% | 5.7% |
| R&D / revenue | 4.3% | 3.6% | 3.6% | 3.6% | 3.5% | 4.1% | 4.4% | 4.5% | 4.6% | 3.9% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 2.6% |
| Long-term debt / equity | 1.04x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 19.5% | 17.0% | 57.9% | 26.9% | -89.3% | 36.9% | Unavailable | Unavailable | Unavailable | 22.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MAT in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-23View SEC filing
10-Q · Filed 2025-10-29View SEC filing
10-Q · Filed 2025-07-29View SEC filing
10-Q · Filed 2025-05-06View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.