HAS at a glance
Hasbro (HAS, SEC CIK 46080) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on July 27, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 28, 2025 (FY2025), Hasbro (HAS) reported revenue of $4.7 billion (up 13.7% from FY2024) and a net loss of $322.4 million. Diluted EPS was -$2.30.
- As of June 30, 2026, 42 institutional investment managers tracked by SignalX reported holding Hasbro (HAS) shares worth $6.9 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Barbacovi Holly on August 31, 2026 of 5,057 shares at $94.20 per share.
- In the last 90 days, HAS insiders reported 0 open-market purchases ($0) and 10 open-market sales ($6.9M) on Form 4, a net sale of $6.9M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $4.7B
- +13.7% vs prior year
- Insiders · 90 days
- 0 buys · 10 sells
- Net −$6.9M
- 13F holders
- 42 funds
- $6.9B · +1 vs prior quarter
- Latest 8-K
- Jul 27, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 28, 2025
Management Discussion & Analysis
- Revenue $4,701.3M, up 13.7% YoY ($+565.8M), driven by Wizards of the Coast & Digital Gaming +44.7% ($+675.6M)
- Operating margin collapsed to 0.2% vs 16.7% in 2024, dragged by $1,021.9M non-cash goodwill impairment in Consumer Products; net loss $322.4M vs net income $385.6M
- Best segment: Wizards of the Coast & Digital Gaming, revenue $2,186.9M (+44.7%), operating margin 46.0% vs 41.8%; worst: Consumer Products, operating margin (38.7)% vs 4.5%, $942.6M operating loss
- Operating cash flow $893.2M vs $847.4M; capex $63.3M PP&E + $135.0M software; dividends paid $392.5M; debt repurchased $119.9M principal of 2026/2027 Notes; 2026 capex guidance ~$250M
- Key risks: tariffs ($44.9M cost in 2025, outcome uncertain post-Feb 2026 Supreme Court IEEPA ruling); U.S. Supreme Court ruling may enable tariff refund, accounting impact under evaluation
Risk Factors
- Tariffs on China-sourced toys create direct cost pressure; shift from direct import to domestic orders raises costs and risks lost orders
- Total long-term debt ~$3,281.9M strains cash flow, limits dividends/buybacks, and risks covenant breach during revenue downturns
- Amazon and Walmart combined ~20% of consolidated net revenues; loss or reduction by either major customer materially impacts results
- AI-driven low-barrier entry (e.g., TikTok-amplified indie creators) rapidly threatening market share with minimal traditional overhead
- HQ relocation from Rhode Island to Boston risks loss of experienced personnel unwilling to relocate amid already tight creative talent market
Business Overview
- Franchise-first IP licensor and toy/game company monetizing owned brands (MAGIC, MONOPOLY, NERF, etc.) via physical products, digital licensing, and location-based entertainment
- MAGIC: THE GATHERING hit all-time record; Final Fantasy Universes Beyond set highest-selling set ever by net revenues; Marvel's Spider-Man set also released in 2025
- "Playing to Win" strategy formally launched 2025: reframes Hasbro as games/IP/toy company, adding casino floor licensing partnerships and explicit "Aging Up" focus on consumers 13+
- ~$800M gross cost savings delivered through 2025 Operational Excellence program, tracking toward $1.0B commitment; top 5 customers ~35% of revenues, Amazon (11%) and Walmart (9%) largest
- New casino floor licensing slate announced 2025: reimagines Hasbro brands for adult gamblers, a notably unconventional channel for a company historically centered on children's play
AI summary of the HAS 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 28, 2026
Management Discussion & Analysis
- Q2 revenue $1,139.6M, up 16.2% YoY from $980.8M
- Operating margin 22.2% vs (81.4)% YoY, aided by absence of $1,021.9M goodwill impairment
- Best segment Wizards and Digital Gaming: revenue $663.8M, up 27.1%; margin 40.7% vs 46.3%
- Worst segment Entertainment: revenue $12.8M, down 20.0%; margin 43.8% vs 38.1%
- Tariff costs $9.4M and network-access costs $10.8M; disruptions delayed orders, shipping, and invoicing
Risk Factors
- Newly added cybersecurity risk triggered by unauthorized network access identified in late March 2026
- Cyber incident operational impact, including systems taken offline and restoration completed by June 28, 2026
- Cybersecurity compliance exposure from potential legal proceedings, regulatory violations, and related remediation costs
- Supply-chain disruption risk from cyberattacks affecting third-party manufacturers and product manufacturing
- No material changes to other 2025 Form 10-K risk factors disclosed in the filing
AI summary of the HAS 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- John Hight transitions from Wizards of the Coast President to Company Advisor effective September 2, 2026
- Advisory term runs through September 2, 2027, supporting successor onboarding and transition efforts
Item 2.02: Results of Operations and Financial Condition
- Fiscal quarter ended June 28, 2026 results announced July 21, 2026
- Exhibit 99.1 contains Hasbro’s financial results and additional financial information
Item EX-99.1: Item EX-99.1
- Q2 revenue $1.14B, up 16%, with adjusted operating profit $282M, up 14%
- Wizards and Digital Gaming revenue rose 27% to $664M, led by Magic: The Gathering revenue of $545M, up 32%
Item 5.07: Submission of Matters to a Vote of Security Holders
- 2026 annual meeting achieved approximately 88% participation, with 124,531,555 shares represented
- All eleven director nominees elected for terms ending at the 2027 annual meeting
AI summaries of HAS 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for HAS
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- Fund moves. Which tracked funds opened, added or cut HAS, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Gersh Lisa | A | Sep 30, 2026 | 744 | $87.68 |
| Bowser Douglas S | A | Sep 30, 2026 | 398 | $87.68 |
| Stoddart Richard S | A | Sep 30, 2026 | 136 | $87.68 |
| Barbacovi Holly | Sell | Aug 31, 2026 | 5,057 | $94.20 |
| Hamren Elizabeth | G | Aug 26, 2026 | 1,500 | - |
| Hight John | Sell | Aug 19, 2026 | 11,593 | $94.63 |
| Hight John | Sell | Aug 17, 2026 | 11,229 | $96.29 |
| Hight John | A | Aug 15, 2026 | 1,384 | $97.15 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $4.1B | $4.7B |
| Operating Income | -$1.5B | $690.0M | $11.1M |
| Net Income | -$1.5B | $385.6M | -$322.4M |
| Op. Margin | - | 16.7% | 0.2% |
| Net Margin | - | 9.3% | -6.9% |
| Balance Sheet | |||
| Total Assets | - | $6.3B | $5.6B |
| Equity | - | $1.2B | $565.5M |
| ROE | - | 32.5% | -57.0% |
| Per Share | |||
| EPS | - | $2.75 | $-2.30 |
| Cash Flow | |||
| Operating CF | $725.6M | $847.4M | $893.2M |
| CapEx | $209.3M | $87.2M | $63.3M |
Source: XBRL data in Hasbro (HAS)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate HAS share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 42 | $6.90B |
| Q1 2026 | 41 | $7.63B |
| Q4 2025 | 35 | $6.27B |
| Q3 2025 | 36 | $5.91B |
| Q2 2025 | 35 | $5.32B |
| Q1 2025 | 32 | $2.98B |
| Q4 2024 | 30 | $2.06B |
| Q3 2024 | 25 | $1.45B |
- BlackRock+1.39M (+5%)
- Citadel Advisors LLC+791.1K (+65%)
- Morgan Stanley+733.2K (+24%)
- Invesco Ltd+450.1K (+17%)
- Goldman Sachs Group+266.8K (+8%)
- AQR Capital Management−686.8K (-20%)
- Viking Global Investors−631.7K (-17%)
- FMR LLC (Fidelity)−573.1K (-24%)
- Prudential Financial−259.4K (-74%)
- Dimensional Fund Advisors−225.6K (-10%)
- Allstate−19.0K
Source: 13F-HR filings on SEC EDGAR (aggregated from 276 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
HAS filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 1, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 13, 2026 | - | - | - |
| 4 | Jul 31, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 10-Q | Jul 30, 2026 | Jun 28, 2026 | Analysis | |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 29, 2026 | - | - | - |
| 8-K | Jul 27, 2026 | - | Analysis | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 8-K | Jun 15, 2026 | - | Analysis | - |
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HAS SEC filings: frequently asked questions
Are HAS insiders buying or selling?
In the last 90 days, Hasbro (HAS) officers, directors and 10% owners reported no open-market purchases and 10 open-market sales worth $6.9 million by 5 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold HAS stock?
As of June 30, 2026, the largest Hasbro (HAS) holders among the 13F filers tracked by SignalX were BlackRock ($2.2 billion), Vanguard Capital Management LLC ($744.1 million), Vanguard Portfolio Management LLC ($586.3 million), State Street Corp ($492.8 million), Morgan Stanley ($310.4 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was HAS's revenue in fiscal year 2025?
For the fiscal year ended December 28, 2025 (FY2025), Hasbro (HAS) reported revenue of $4.7 billion (up 13.7% from FY2024) and a net loss of $322.4 million. Diluted EPS was -$2.30. The figures come from the XBRL data in the 10-K.
What are the main risks in HAS's latest 10-K?
In the 10-K filed February 25, 2026, Hasbro (HAS) flagged: Tariffs on China-sourced toys create direct cost pressure; shift from direct import to domestic orders raises costs and risks lost orders. Total long-term debt ~$3,281.9M strains cash flow, limits dividends/buybacks, and risks covenant breach during revenue downturns. (AI summary of the Risk Factors section.)
What did HAS report in its latest 8-K?
Hasbro (HAS) filed an 8-K on July 27, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). John Hight transitions from Wizards of the Coast President to Company Advisor effective September 2, 2026.
What are the latest HAS SEC filings?
Hasbro (HAS) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on July 27, 2026 and a Form 4 insider filing on October 2, 2026.
What is HAS's SEC CIK number?
Hasbro (HAS)'s SEC Central Index Key (CIK) is 46080. EDGAR lists every HAS filing under that number.
Ask anything about HAS
The research agent reads HAS's filings, financials, insider trades and 13F holders, then answers with sources.