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Hasbro HAS Program cost amortization

Program cost amortization at other companies

Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
$30M-79.5%
Herbalife logo
HerbalifeHLF
$1.1M-69.4%
Arvinas logo
ArvinasARVN
$2.6M+52.9%
Gray Television logo
Gray TelevisionGTN
$6M0.0%
NUV
NUVLNUVL
$2.8M+31.4%
AWR
American States WaterAWR
$576K+357%

Segments

By segment

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Entertainment$4M-45.9%
Consumer Products$0
Wizards of the Coast and Digital Gaming$0

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 itemThree Months Ended / March 29,2026Three Months Ended / March 30,2025
Net revenues$1,000.2$887.1
Costs and expenses:
Cost of sales236.1204.5
Program cost amortization4.07.4
Royalties77.757.0
Product development78.080.5
Advertising60.455.4
Amortization of intangible assets14.617.0

Item 1. Financial Statements.

FAQ

What is Hasbro's program cost amortization?
Hasbro (HAS) reported program cost amortization of $4M in Q1 2026.
How has Hasbro's program cost amortization changed year-over-year?
Hasbro's program cost amortization decreased by 45.9% year-over-year, from $7.4M to $4M.
What is the long-term trend for Hasbro's program cost amortization?
Over 4 years (2021 to 2025), Hasbro's program cost amortization has grown at a -51.1% compound annual growth rate (CAGR), from $628.6M to $35.8M.
What does program cost amortization mean?
This metric tracks the non-cash amortization of costs incurred to produce entertainment content, such as films or television series. It reflects the matching of production expenses against the revenue generated by that content over its expected commercial life.

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