Hasbro (HAS) 10-K Summary — Year Ended Dec 28, 2025
Hasbro filed its annual report for the most recent period. The report details the company's financial performance, risks, and capital resources.
Key takeaway
Year ended Dec 28, 2025 · FY2025 10-K
Hasbro filed its annual report for the most recent period. The report details the company's financial performance, risks, and capital resources.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$4.7B
Revenue reported for the fiscal year.
Operating income
$11.1M
Income from operations reported for the year.
Net income
-$322.4M
Net income reported for the year.
Operating cash flow
$893.2M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 25, 2022 | $5.9B | -8.8% |
| Dec 31, 2023 | $5B | -14.6% |
| Dec 29, 2024 | $4.1B | -17.3% |
| Dec 28, 2025 | $4.7B | +13.7% |
Business overview
The filing's Business overview section outlines the company's operations and market presence. Further details on the company's business are provided in the referenced Item 1 of the filing.
Financial performance
After several periods of decline, revenue increased in the latest period. The company reported a net loss, while operating income was positive but modest, and operating cash flow remained strong.
Material risks
The filing discusses risks related to tariffs and trade policy changes, as highlighted in the liquidity discussion. These factors have had a measurable impact on cost of sales. The company also notes that disruptions in credit markets could affect external financing availability.
Liquidity and capital
The company has historically generated significant cash from operations and uses that, along with debt and equity markets, to fund its activities. It maintains access to commercial paper and credit lines, though unexpected events or credit market disruptions could reduce that access.
What to watch
Developments in tariffs and trade policy, and their impact on the company's cost structure, should be monitored in the next filing.