Overview
- Quarterly net sales were $127.1 million, down 2.8% year over year, as gross margin reached 32.4% and the adjusted EBITDA loss narrowed to $3.8 million; operating loss was $8.6 million.
- Full-year revenue fell 17% to $570.7 million with adjusted EPS down to $1.62 and an operating margin of 2.5%.
- The company paid about $12 million in U.S. tariffs and estimates U.S. FOB customers paid nearly $50 million, which it says curtailed orders and fourth-quarter replenishment.
- U.S. fourth-quarter sales declined 7.8% to $86.2 million while sales outside the U.S. rose 9.9% to $41 million, with U.S. FOB sales positive year over year.
- JAKKS ended 2025 debt-free with $54 million in cash and roughly $60 million of inventory, declared a $0.25 quarterly dividend after returning $1.00 per share in 2025, and guided to low-to-mid single-digit revenue growth in 2026 supported by licensed launches including Super Mario Galaxy, Sonic and Disney, as shares jumped nearly 24% after the report.