Hasbro, Inc. stock research
FY2026 Q1
Hasbro (HAS) Gross Margin — Quarter Ended Mar 29, 2026
Revenue fell from the preceding quarter, while gross profit and cost of revenue both declined. The gross margin improved compared to the prior quarter but weakened slightly versus the same quarter a year ago.
Gross margin takeaway
Quarter ended Mar 29, 2026 · FY2026 Q1
Revenue fell from the preceding quarter, while gross profit and cost of revenue both declined. The gross margin improved compared to the prior quarter but weakened slightly versus the same quarter a year ago.
- Cost of revenue decreased proportionally more than revenue compared to the prior quarter, which lifted gross margin. Versus a year ago, cost of revenue rose slightly relative to revenue, placing mild pressure on margin.
- Gross margin improved from the immediately preceding quarter but weakened slightly from the same quarter one year earlier. Revenue was lower than the prior quarter but higher than a year ago.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
76.4%
Gross profit
$764.1M
Revenue
$1.0B
Cost of revenue
$236.1M
Quarter-over-quarter change
+7.7 pts
Year-over-year change
-0.6 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 29, 2025 | $980.8M | $755.5M | $225.3M | 77.0% |
| Sep 28, 2025 | $1.4B | $973.2M | $414.3M | 70.1% |
| Dec 28, 2025 | $1.4B | $993.8M | $452.1M | 68.7% |
| Mar 29, 2026 | $1.0B | $764.1M | $236.1M | 76.4% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 28, 2025
+7.7 pts
Year-over-year change
Mar 30, 2025
-0.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Cost of revenue decreased proportionally more than revenue compared to the prior quarter, which lifted gross margin. Versus a year ago, cost of revenue rose slightly relative to revenue, placing mild pressure on margin.
Gross margin improved from the immediately preceding quarter but weakened slightly from the same quarter one year earlier. Revenue was lower than the prior quarter but higher than a year ago.
Monitor the trajectory of cost of revenue relative to revenue in upcoming quarters to assess margin stability.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Hasbro, Inc. (HAS) | 76.4% |