HAS Hasbro

company

SEC Filings & Insider Trading Activity 2026

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

What are the latest HAS SEC filings in 2026?

Hasbro (HAS) has filed a 10-K annual report on February 25, 2026, a 10-Q quarterly report on May 13, 2026, an 8-K current report on July 27, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did HAS file its most recent 10-K annual report?

Hasbro (HAS) filed its most recent 10-K annual report on February 25, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view HAS 10-Q quarterly reports?

Hasbro (HAS)'s most recent 10-Q quarterly report was filed on May 13, 2026. SignalX displays every HAS 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has HAS filed recently?

Hasbro (HAS)'s most recent 8-K was filed on July 27, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find HAS insider trading activity (Form 4)?

SignalX aggregates every HAS Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does HAS file with the SEC?

Hasbro (HAS) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new HAS filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Hasbro (HAS).

What is HAS's SEC CIK number?

Hasbro (HAS)'s SEC CIK (Central Index Key) number is 46080. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 46080 to look up all HAS filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find HAS return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Hasbro (HAS) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.