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JAKKS Pacific (JAKK) investor relations material
JAKKS Pacific Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
2025 was a challenging year due to tariff pressures, with Q4 net sales at $127.1 million (down 3% year-over-year) and full-year net sales at $570.7 million (down 17%), as the company prioritized long-term value and margin integrity over short-term sales growth.
Maintained a debt-free balance sheet and returned $1 per share in dividends, exiting the year stronger and more resilient.
Gross margin improved to 31.0% in Q4 (up 380 bps) and reached 32.4% for the year, the highest in over 15 years.
Operating loss in Q4 improved to $8.6 million from $14.7 million last year; full-year operating income was $14.2 million, down from $39.7 million.
Expanded global relationships with factories, licensors, and retail partners, and prepared for a major initiative launching in 2027.
Financial highlights
Q4 gross profit increased to $39.4 million from $35.6 million year-over-year; full-year gross profit was $185.1 million, down 13%.
Adjusted EBITDA for 2025 was $35.4 million, down from $59.3 million in 2024; Q4 adjusted EBITDA loss improved to $3.8 million from $10.2 million last year.
Adjusted EPS for the year was $1.62, down from $3.79 in 2024; Q4 adjusted loss per share was $0.18, improved from $0.67 loss in Q4 2024.
U.S. sales declined 8% in Q4 and 24% for the year; international sales rose 10% in Q4 and 6% for the year, led by Europe.
Cash returned to shareholders totaled $11.2 million ($1 per share); end-of-year cash and equivalents were $54.1 million.
Outlook and guidance
Anticipates low-to-mid-single-digit top-line growth in 2026, with continued focus on margin expansion and several impactful launches planned for 2027.
Strong product pipeline for 2026, including launches tied to major theatrical releases and anniversaries.
Board declared a $0.25 per share quarterly dividend, payable March 30, 2026.
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