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Hasbro HAS Entertainment — Program cost amortization

Other segment segments

Consumer Products
$0
Wizards of the Coast and Digital Gaming
$0

Similar metrics at other companies

Nexstar Media Group, Inc. logo
NXSTEntertainment License Agreement For Program Material Amortization Expense
$72M-18.2%
Nexstar Media Group, Inc. logo
NXSTEntertainment License Agreement For Program Material Amortization Expense
$72M-18.2%
Gray Television logo
GTNBroadcasting — Entertainment License Agreement For Program Material Amortization Expense
$36M+2.9%
Nexstar Media Group, Inc. logo
NXSTReportable Broadcast — Entertainment License Agreement For Program Material Amortization Expense
$15M-6.3%
Gray Television logo
GTNProduction Companies — Entertainment License Agreement For Program Material Amortization Expense
$4M0.0%
AMC Networks Inc. logo
AMCXFilm and Entertainment, License Agreement for Program Material, Amortization Expense
$206.26M+4.2%

Other financials

Income statement

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Revenue$1.1B+16.2%
Gross profit$867.2M+14.8%
Operating income$252.5M+132%
Net income$160.9M+119%
EPS (diluted)$1.12+118%

Balance sheet

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Cash & equivalents$880.5M+61.0%
Total debt$3.5B+5.7%
Total assets$6.0B+16.7%

Cash flow

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Operating cash flow$266.7M+274%
CapEx-$63.4M-494%
Free cash flow$203.3M+268%

Valuation

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Market cap$12.86B+19.0%
Enterprise value$15.52B+14.0%
P/S2.6×0.0×

Profitability

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Gross margin72.4%-0.2pp
Operating margin23.4%+19.3pp
Net margin-12%-1.9pp
FCF margin23.5%+8.8pp

Returns & leverage

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Return on equity21.9%
Debt / equity1.4×
Current ratio1.7×0.0×

Where this comes from

Reported directly by Hasbro in its filing.

Tagged under the XBRL concept has:ProgramProductionCostAmortization.

The source filing: Hasbro’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000046080-26-000026
Line itemWizards of the Coast and Digital GamingConsumer ProductsEntertainmentCorporate and OtherTotal
Less: Intersegment revenue70.937.013.4(8.4)112.9
Total net revenues582.0397.920.31,000.2
Cost of sales94.5140.90.60.1236.1
Program cost amortization4.04.0
Royalties27.863.3(13.0)(0.4)77.7
Advertising34.525.960.4
Amortization of intangible assets2.18.44.2(0.1)14.6
Distribution (1)8.033.30.141.4

Item 1. Financial Statements.

FAQ

What is Hasbro's entertainment — program cost amortization?
Hasbro (HAS) reported entertainment — program cost amortization of $4M in Q1 2026.
How has Hasbro's entertainment — program cost amortization changed year-over-year?
Hasbro's entertainment — program cost amortization decreased by 45.9% year-over-year, from $7.4M to $4M.
What is the long-term trend for Hasbro's entertainment — program cost amortization?
Over 3 years (2022 to 2025), Hasbro's entertainment — program cost amortization has grown at a -59.9% compound annual growth rate (CAGR), from $555.5M to $35.8M.
What does entertainment — program cost amortization mean?
The systematic allocation of the cost of producing or acquiring entertainment content, such as films or television shows, over their expected useful life. This reflects the consumption of the economic value of media assets as they are broadcast or distributed.

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