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Hasbro HAS Wizards of the Coast and Digital Gaming — Royalties

Other segment segments

Consumer Products
$63.3M+24.9%
Entertainment
-$13M-54.8%

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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 us-gaap:RoyaltyExpense.

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
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
Managed expense (2)117.4173.67.2(2.5)295.7

Item 1. Financial Statements.

FAQ

What is Hasbro's wizards of the coast and digital gaming — royalties?
Hasbro (HAS) reported wizards of the coast and digital gaming — royalties of $27.8M in Q1 2026.
How has Hasbro's wizards of the coast and digital gaming — royalties changed year-over-year?
Hasbro's wizards of the coast and digital gaming — royalties increased by 172.5% year-over-year, from $10.2M to $27.8M.
What is the long-term trend for Hasbro's wizards of the coast and digital gaming — royalties?
Over 3 years (2022 to 2025), Hasbro's wizards of the coast and digital gaming — royalties has grown at a 78.3% compound annual growth rate (CAGR), from $20.5M to $116.2M.
What does wizards of the coast and digital gaming — royalties mean?
Payments made to third-party intellectual property owners or creators for the right to use their brands, characters, or technologies in gaming products. This represents a significant variable cost for segments reliant on licensed content.

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