HASBRO, INC.
HAS · Games, Toys & Children's Vehicles (No Dolls & Bicycles) · 141.5M shares · +2%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $53M (gross $125M, SBC $72M)
Reference price $100.32 · est. market cap ~$14.2B — last insider sale, 2026-02-26 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63High-margin IP/games franchise posting a goodwill-impairment loss year while cash generation stays strong.
Strengths
- Record Magic: The Gathering and digital licensing drove Wizards segment +44.7%; gross margin 75.8% (86th pct)
- Strong FCF $830M (88th pct), FCF margin 76th pct, and a capital-light licensing engine
- Operational Excellence program delivering ~$800M of cost savings
Risks
- $1.02B non-cash goodwill impairment produced a net loss (-6% margin) and negative ROA (-5.8%)
- Tariff exposure on China-sourced toys and a structurally declining Consumer Products segment
- Customer concentration and indebtedness/interest burden
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -6.0%)
- Customer concentration~100% of revenue from one customer/distributor — 5 100
- Revenue declineRevenue -41.7% YoY
- Insider sellingInsider selling — 11 open-market sale(s) by 6 insider(s) (cluster of 6 insiders, ~$43M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
75.8%
Operating margin
0.2%
Net margin
-6.0%
Return on assets
-5.8%
Revenue growth (QoQ)
-41.7%
Net-income growth
-183.6%
Current ratio
1.4×
Free cash flow
$830M
EBITDA
$147M
Stock comp / revenue
1.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | HARRIS DARIN S | Grant | 2.2K | — |
| 2026-06-11 | Vernon Carla | Grant | 2.2K | — |
| 2026-06-11 | Richie Laurel | Grant | 2.2K | — |
| 2026-06-11 | Stoddart Richard S | Grant | 2.2K | — |
| 2026-06-11 | Cochran Hope F | Grant | 2.2K | — |
| 2026-06-11 | GIBEAU FRANK D | Grant | 2.2K | — |
| 2026-06-11 | Bowser Douglas S | Grant | 2.2K | — |
| 2026-06-11 | Gersh Lisa | Grant | 2.2K | — |
| 2026-06-11 | Hamren Elizabeth | Grant | 2.2K | — |
| 2026-06-11 | Mahoney Owen | Grant | 2.2K | — |
| 2026-05-17 | GOETTER GINA M | Tax withheld | 9.8K | $95.13 |
| 2026-05-17 | Bunge Jason M | Tax withheld | 1.5K | $95.13 |
| 2026-05-17 | KILPIN TIMOTHY J. | Tax withheld | 5.9K | $95.13 |
| 2026-05-15 | Bunge Jason M | Tax withheld | 1.0K | $95.13 |
| 2026-03-16 | Bunge Jason M | Grant | 4.5K | — |
| 2026-03-16 | Hight John | Grant | 11K | — |
| 2026-03-16 | Barbacovi Holly | Grant | 6.9K | — |
| 2026-03-16 | Cocks Christian P | Grant | 56K | — |
| 2026-03-16 | GOETTER GINA M | Grant | 21K | — |
| 2026-03-16 | Sibley Tarrant L. | Grant | 8.4K | — |
| 2026-03-14 | KILPIN TIMOTHY J. | Tax withheld | 2.8K | $94.65 |
| 2026-03-14 | Bunge Jason M | Tax withheld | 1.0K | $94.65 |
| 2026-03-14 | Hight John | Tax withheld | 2.1K | $94.65 |
| 2026-03-14 | Barbacovi Holly | Tax withheld | 1.4K | $94.65 |
| 2026-03-14 | Cocks Christian P | Tax withheld | 14K | $94.65 |
| 2026-03-14 | GOETTER GINA M | Tax withheld | 4.2K | $94.65 |
| 2026-03-14 | Sibley Tarrant L. | Tax withheld | 2.1K | $94.65 |
| 2026-03-07 | Bunge Jason M | Tax withheld | 2.3K | $93.51 |
| 2026-03-07 | Cocks Christian P | Tax withheld | 17K | $93.51 |
| 2026-03-07 | GOETTER GINA M | Tax withheld | 7.4K | $93.51 |
| 2026-03-07 | Sibley Tarrant L. | Tax withheld | 3.1K | $93.51 |
| 2026-03-07 | KILPIN TIMOTHY J. | Tax withheld | 4.7K | $93.51 |
| 2026-02-26 | Cocks Christian P | Option exercise | 196K | $55.78 |
| 2026-02-26 | Cocks Christian P | Sell | 191K | $100.32 |
| 2026-02-26 | Cocks Christian P | Sell | 5.2K | $100.85 |
| 2026-02-24 | Cocks Christian P | Tax withheld | 8.0K | $99.64 |
| 2026-02-24 | Sibley Tarrant L. | Tax withheld | 1.7K | $99.64 |
| 2026-02-20 | Cocks Christian P | Grant | 98K | — |
| 2026-02-20 | Cocks Christian P | Tax withheld | 44K | $101.19 |
| 2026-02-20 | Sibley Tarrant L. | Grant | 20K | — |
| 2026-02-20 | Sibley Tarrant L. | Tax withheld | 8.2K | $101.19 |
| 2026-02-20 | KILPIN TIMOTHY J. | Grant | 14K | — |
| 2026-02-20 | KILPIN TIMOTHY J. | Tax withheld | 5.0K | $101.19 |
| 2026-02-20 | Barbacovi Holly | Sell | 4.3K | $100.97 |
| 2026-02-13 | KILPIN TIMOTHY J. | Sell | 7.8K | $103.00 |
| 2026-02-12 | Cocks Christian P | Sell | 2.8K | $103.54 |
| 2026-02-12 | Cocks Christian P | Option exercise | 10K | $86.66 |
| 2026-02-12 | Cocks Christian P | Option exercise | 13K | $96.79 |
| 2026-02-12 | Cocks Christian P | Option exercise | 14K | $90.18 |
| 2026-02-12 | Cocks Christian P | Option exercise | 6.9K | $96.73 |
| 2026-02-12 | Cocks Christian P | Option exercise | 99K | $94.89 |
| 2026-02-12 | Cocks Christian P | Option exercise | 39K | $55.78 |
| 2026-02-12 | Cocks Christian P | Sell | 101K | $102.63 |
| 2026-02-12 | Cocks Christian P | Sell | 73K | $105.40 |
| 2026-02-12 | Cocks Christian P | Sell | 4.5K | $106.48 |
| 2026-02-12 | Bunge Jason M | Sell | 2.4K | $106.03 |
| 2026-02-12 | GOETTER GINA M | Sell | 12K | $103.46 |
| 2026-02-12 | Sibley Tarrant L. | Option exercise | 15K | $86.66 |
| 2026-02-12 | Sibley Tarrant L. | Sell | 15K | $104.98 |
| 2026-01-19 | Vernon Carla | Grant | 750 | — |
| 2026-01-19 | Bowser Douglas S | Grant | 750 | — |
| 2025-11-10 | Cochran Hope F | Sell | 4.0K | $77.24 |
| 2025-08-28 | Thomson Roberta K | Sell | 2.5K | $81.13 |
| 2025-08-27 | KILPIN TIMOTHY J. | Sell | 8.6K | $81.44 |
| 2025-08-21 | Cocks Christian P | Sell | 19K | $78.90 |
| 2025-08-21 | Cocks Christian P | Sell | 8.8K | $78.97 |
| 2025-08-15 | Hight John | Tax withheld | 7.3K | $80.72 |
| 2025-08-15 | Barbacovi Holly | Tax withheld | 7.2K | $80.72 |
| 2025-08-14 | Thomson Roberta K | Sell | 1.0K | $79.81 |
| 2025-05-21 | Stone West Mary E | Grant | 2.6K | — |
| 2025-05-21 | Stoddart Richard S | Grant | 2.6K | — |
| 2025-05-21 | Richie Laurel | Grant | 2.6K | — |
| 2025-05-21 | Mahoney Owen | Grant | 2.6K | — |
| 2025-05-21 | HARRIS DARIN S | Grant | 2.6K | — |
| 2025-05-21 | Hamren Elizabeth | Grant | 2.6K | — |
| 2025-05-21 | GIBEAU FRANK D | Grant | 2.6K | — |
| 2025-05-21 | Gersh Lisa | Grant | 2.6K | — |
| 2025-05-21 | Cochran Hope F | Grant | 2.6K | — |
| 2025-05-17 | GOETTER GINA M | Tax withheld | 11K | $66.74 |
| 2025-05-17 | KILPIN TIMOTHY J. | Tax withheld | 5.3K | $66.74 |
| 2025-05-17 | KILPIN TIMOTHY J. | Tax withheld | 1.1K | $66.74 |
| 2025-03-14 | Cocks Christian P | Grant | 88K | — |
| 2025-03-14 | Barbacovi Holly | Grant | 8.4K | — |
| 2025-03-14 | Sibley Tarrant L. | Grant | 13K | — |
| 2025-03-14 | KILPIN TIMOTHY J. | Grant | 18K | — |
| 2025-03-14 | Hight John | Grant | 15K | — |
| 2025-03-14 | GOETTER GINA M | Grant | 25K | — |
| 2025-03-07 | Cocks Christian P | Tax withheld | 16K | $64.01 |
| 2025-03-07 | Sibley Tarrant L. | Tax withheld | 2.2K | $64.01 |
| 2025-03-07 | KILPIN TIMOTHY J. | Tax withheld | 3.7K | $64.01 |
| 2025-03-07 | GOETTER GINA M | Tax withheld | 6.8K | $64.01 |
| 2025-03-07 | Sibley Tarrant L. | Tax withheld | 2.0K | $64.01 |
| 2025-03-07 | KILPIN TIMOTHY J. | Tax withheld | 3.0K | $64.01 |
| 2025-03-07 | GOETTER GINA M | Tax withheld | 6.8K | $64.01 |
| 2025-02-25 | Cocks Christian P | Tax withheld | 3.4K | $67.97 |
| 2025-02-25 | Sibley Tarrant L. | Tax withheld | 361 | $67.97 |
| 2025-02-24 | Cocks Christian P | Tax withheld | 7.0K | $66.48 |
| 2025-02-24 | Sibley Tarrant L. | Tax withheld | 1.1K | $66.48 |
| 2025-02-20 | Sibley Tarrant L. | Grant | 1.2K | — |
| 2025-02-20 | Sibley Tarrant L. | Tax withheld | 430 | $66.90 |
| 2025-02-20 | Cocks Christian P | Grant | 7.6K | — |
| 2025-02-20 | Cocks Christian P | Tax withheld | 2.3K | $66.90 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
- Scopely, Inc.
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Shareholder vote | filing ↗ |
| 2026-05-20 | ResultsExhibits | filing ↗ |
| 2026-04-23 | ResultsExhibits | filing ↗ |
| 2026-04-01 | Other | filing ↗ |
| 2026-03-12 | Material agreementDebt obligationOtherExhibits | filing ↗ |
| 2026-02-20 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-02-10 | ResultsExhibits | filing ↗ |
| 2026-01-22 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-11 | 0000046080-26-000034 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0000046080-26-000029 ↗ |
| 10-Q | 2026-05-13 | 2026-03-29 | 0000046080-26-000026 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0000046080-26-000016 ↗ |
| 8-K | 2026-04-01 | 2026-04-01 | 0000046080-26-000013 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001193125-26-104184 ↗ |
| 10-K | 2026-02-25 | 2025-12-28 | 0000046080-26-000011 ↗ |
| 8-K | 2026-02-20 | 2026-02-20 | 0000950157-26-000171 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0000046080-26-000006 ↗ |
| 8-K | 2026-01-22 | 2026-01-19 | 0000046080-26-000003 ↗ |
| 10-Q | 2025-11-05 | 2025-09-28 | 0000046080-25-000164 ↗ |
| 8-K | 2025-10-23 | 2025-10-23 | 0000046080-25-000156 ↗ |