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JAKKS Pacific Reports First Quarter 2025 Financial Results

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JAKKS Pacific reported strong Q1 2025 financial results, with net sales reaching $113.3 million, up 26% year-over-year. The company's performance was marked by significant improvements in key metrics:

  • Gross margin increased to 34.4% from 23.4% in Q1 2024
  • Operating loss reduced to $3.8 million from $21.3 million last year
  • Adjusted net loss per share improved to $0.03 from $1.09

The company's global expansion shows promise, with international sales reaching $21.0 million, driven by over 100% growth in Europe. North America sales rose to $92.2 million. The Board approved a $0.25 quarterly dividend, payable June 27, 2025. JAKKS maintains a strong financial position with $59.4 million in cash and cash equivalents, and has successfully eliminated all long-term debt while completing preferred stock repurchase in 2023.

JAKKS Pacific ha riportato risultati finanziari solidi per il primo trimestre 2025, con vendite nette pari a 113,3 milioni di dollari, in crescita del 26% rispetto all'anno precedente. Le performance dell'azienda sono state caratterizzate da miglioramenti significativi nei principali indicatori:

  • Il margine lordo è salito al 34,4% dal 23,4% del primo trimestre 2024
  • La perdita operativa si è ridotta a 3,8 milioni di dollari dai 21,3 milioni dell'anno scorso
  • La perdita netta rettificata per azione è migliorata a 0,03 dollari da 1,09 dollari

L'espansione globale dell'azienda mostra segnali promettenti, con vendite internazionali pari a 21,0 milioni di dollari, trainate da una crescita superiore al 100% in Europa. Le vendite in Nord America sono salite a 92,2 milioni di dollari. Il Consiglio di Amministrazione ha approvato un dividendo trimestrale di 0,25 dollari per azione, pagabile il 27 giugno 2025. JAKKS mantiene una solida posizione finanziaria con 59,4 milioni di dollari in liquidità e equivalenti, avendo eliminato completamente il debito a lungo termine e completato il riacquisto di azioni privilegiate nel 2023.

JAKKS Pacific reportó sólidos resultados financieros en el primer trimestre de 2025, con ventas netas que alcanzaron los 113,3 millones de dólares, un aumento del 26% interanual. El desempeño de la empresa se destacó por mejoras significativas en métricas clave:

  • El margen bruto aumentó a 34,4% desde 23,4% en el primer trimestre de 2024
  • La pérdida operativa se redujo a 3,8 millones de dólares desde 21,3 millones el año pasado
  • La pérdida neta ajustada por acción mejoró a 0,03 dólares desde 1,09 dólares

La expansión global de la empresa muestra potencial, con ventas internacionales que alcanzaron los 21,0 millones de dólares, impulsadas por un crecimiento superior al 100% en Europa. Las ventas en Norteamérica aumentaron a 92,2 millones de dólares. La Junta aprobó un dividendo trimestral de 0,25 dólares, pagadero el 27 de junio de 2025. JAKKS mantiene una sólida posición financiera con 59,4 millones de dólares en efectivo y equivalentes, y ha eliminado con éxito toda la deuda a largo plazo, además de completar la recompra de acciones preferentes en 2023.

JAKKS Pacific� 2025� 1분기 강력� 재무 실적� 보고했으�, 순매출은 1� 1,330� 달러� 전년 대� 26% 증가했습니다. 회사� 성과� 주요 지표에� 상당� 개선� 보였습니�:

  • 총이익률� 2024� 1분기 23.4%에서 34.4%� 상승
  • 영업손실� 작년 2,130� 달러에서 380� 달러� 감소
  • 조정 순손� 주당액이 1.09달러에서 0.03달러� 개선

회사� 글로벌 확장은 유럽에서 100% 이상� 성장� 힘입� 국제 매출� 2,100� 달러� 달하� � 긍정적인 신호� 보이� 있습니다. 북미 매출은 9,220� 달러� 증가했습니다. 이사회는 2025� 6� 27� 지� 예정� 분기� 배당� 0.25달러� 승인했습니다. JAKKS� 5,940� 달러� 현금 � 현금� 자산� 보유하며 강력� 재무 상태� 유지하고 있으�, 2023년에 우선� 재매입을 완료하고 모든 장기 부채를 성공적으� 상환했습니다.

JAKKS Pacific a annoncé de solides résultats financiers pour le premier trimestre 2025, avec un chiffre d'affaires net atteignant 113,3 millions de dollars, en hausse de 26 % par rapport à l'année précédente. La performance de l'entreprise s'est traduite par des améliorations significatives dans les indicateurs clés :

  • La marge brute est passée à 34,4 % contre 23,4 % au premier trimestre 2024
  • La perte opérationnelle a été réduite à 3,8 millions de dollars contre 21,3 millions l'année dernière
  • La perte nette ajustée par action s'est améliorée à 0,03 dollar contre 1,09 dollar

L'expansion mondiale de l'entreprise est prometteuse, avec des ventes internationales atteignant 21,0 millions de dollars, portées par une croissance de plus de 100 % en Europe. Les ventes en Amérique du Nord ont augmenté pour atteindre 92,2 millions de dollars. Le conseil d'administration a approuvé un dividende trimestriel de 0,25 dollar, payable le 27 juin 2025. JAKKS conserve une position financière solide avec 59,4 millions de dollars en liquidités et équivalents, ayant éliminé toute dette à long terme et finalisé le rachat d'actions privilégiées en 2023.

JAKKS Pacific meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Nettoumsatz von 113,3 Millionen US-Dollar, was einem Anstieg von 26 % im Jahresvergleich entspricht. Die Leistung des Unternehmens war durch signifikante Verbesserungen bei wichtigen Kennzahlen gekennzeichnet:

  • Die Bruttomarge stieg von 23,4 % im ersten Quartal 2024 auf 34,4 %
  • Der operative Verlust verringerte sich von 21,3 Millionen US-Dollar im Vorjahr auf 3,8 Millionen US-Dollar
  • Der bereinigte Nettoverlust je Aktie verbesserte sich von 1,09 US-Dollar auf 0,03 US-Dollar

Die globale Expansion des Unternehmens zeigt vielversprechende Ergebnisse, mit internationalen Umsätzen von 21,0 Millionen US-Dollar, angetrieben durch ein Wachstum von über 100 % in Europa. Die Umsätze in Nordamerika stiegen auf 92,2 Millionen US-Dollar. Der Vorstand genehmigte eine vierteljährliche Dividende von 0,25 US-Dollar, zahlbar am 27. Juni 2025. JAKKS hält eine starke finanzielle Position mit 59,4 Millionen US-Dollar an liquiden Mitteln und hat alle langfristigen Schulden erfolgreich abgebaut sowie den Rückkauf von Vorzugsaktien im Jahr 2023 abgeschlossen.

Positive
  • Net sales up 26% YoY to $113.3M in Q1 2025
  • Gross margin improved significantly to 34.4% from 23.4% in Q1 2024
  • Gross profit increased by $17.9M to $39.0M
  • Operating loss reduced to $3.8M from $21.3M in Q1 2024
  • International sales grew to $21.0M, with Europe showing 100%+ growth
  • Cash position strengthened to $59.4M from $35.5M YoY
  • New quarterly dividend of $0.25 per share introduced
  • Company eliminated all long-term debt
  • Completed repurchase of preferred stock
Negative
  • Still operating at a loss (-$3.8M)
  • Costumes segment sales declined 19%
  • Facing 'unique challenges' in US market during April
  • Adjusted net loss of $0.4M ($0.03 per share)
  • Inventory levels increased to $53.2M from $46.3M YoY

Insights

JAKKS Pacific shows strong Q1 turnaround with 26% sales growth, improved margins, and narrowing losses despite noting recent U.S. market challenges.

JAKKS Pacific's Q1 2025 results reveal substantial improvement across all key financial metrics. Net sales increased 26% to $113.3 million, while gross margin expanded dramatically from 23.4% to 34.4%, driven by improved product margins and reduced inventory obsolescence expenses. This translated into a significantly narrowed operating loss of $3.8 million, compared to a $21.3 million loss in Q1 2024.

The company's adjusted EBITDA turned positive at $0.4 million versus a $17.2 million loss last year, signaling the company is approaching profitability even in what's typically a slower quarter for toy companies. Per-share adjusted net loss improved from $1.09 to just $0.03, nearly reaching breakeven.

The balance sheet strengthened considerably, with cash and equivalents of $59.4 million, up from $35.5 million a year ago. The Board's declaration of a $0.25 quarterly dividend underscores management's confidence in sustained financial stability.

Geographically, international markets showed particular strength, with European sales more than doubling year-over-year from $5.7 million to $11.8 million. This diversification appears timely, as management noted "unique challenges" in the U.S. market specifically in April, potentially signaling headwinds in the current quarter.

Management highlighted their "fortress balance sheet" after eliminating all long-term debt and preferred stock in 2023, positioning the company with financial flexibility to navigate market uncertainties and pursue growth opportunities. The company's ability to deliver substantial improvements in a traditionally slower Q1 suggests strong execution and product performance.

Sales up 26% vs. prior year; Board approves 25 cent quarterly dividend

SANTA MONICA, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the first quarter ended March 31, 2025.

First Quarter 2025

  • Net sales were $113.3 million, a year-over-year increase of $23.2 million or 26%, driven in part by demand for product related to last quarter’s film releases
  • Gross margin of 34.4% vs. 23.4% in Q1 2024, driven by improved margin of new product launches along with significantly reduced inventory obsolescence expense and retailer markdowns
  • Gross profit of $39.0 million, up $17.9 million compared to $21.1 million in Q1 2024
  • Operating loss of $3.8 million, compared to an operating loss of $21.3 million in Q1 2024
  • Adjusted net loss attributable to common stockholders (a non-GAAP measure) of $0.4 million (or $0.03 per share), compared to an adjusted net loss attributable to common stockholders of $11.3 million (or $1.09 per share) in Q1 2024
  • Adjusted EBITDA (a non-GAAP measure) of $0.4 million vs. $(17.2) million in Q1 2024

Management Commentary
“We are happy to share our results after a strong start to the year at JAKKS. We’ve seen great consumer reaction year-to-date with solid consumer sales across major accounts and major markets.� said Stephen Berman, Chairman and CEO of JAKKS Pacific. ““It has certainly been a moment of reflection to see our industry’s long-standing tradition of building substantial global partnerships come under scrutiny. Yet rather than viewing this as a setback, we see it as an opportunity to showcase the agility, innovation, and resilience that define not only our industry � but especially JAKKS as a nimble, focused company.

We’re proud to have restored our fortress balance sheet � a critical milestone for our long-term success. We have maintained a strong liquidity position and a prudent capital structure that not only shields us in times of volatility but also positions us to move swiftly on growth opportunities. This disciplined approach gives us the confidence to invest in our future with a flexible financial foundation � even when the external environment is less predictable. In 2023, we eliminated all long-term debt and completed the repurchase of our preferred stock, giving us a clean and stable balance sheet. This not only enhances our ability to respond quickly to market shifts but also allows us to dedicate more energy and focus to driving our core business forward and pursuing new, high-potential opportunities.

We continue to create products that resonate with consumers globally, and we’re especially excited about what’s coming to market over the next twelve months. While the current environment in the United States has presented some unique challenges � particularly in the month of April � our foresight in building up strong infrastructure and capable teams in Europe and Latin America is already paying off. These regions are delivering real growth, and we see significant runway ahead.

We remain actively engaged in monitoring the evolving situation in the U.S. and are positioning ourselves to maximize performance in 2025, while keeping our medium- and long-term goals firmly in sight. We believe our seasoned team, global presence, and financial strength give us a clear advantage in navigating uncertainty � and ultimately emerging stronger.�

The Board of Directors has declared a quarterly dividend of $0.25 per share on the company’s common stock, payable June 27, 2025, to shareholders of record May 30, 2025.

First Quarter 2025 Results
Net sales for the first quarter of 2025 were $113.3 million, up 26% versus $90.1 million last year. The Toys/Consumer Products segment sales were up 30% globally to $107.4 million and sales of Costumes were down 19% to $5.8 million compared to last year. North America sales were $92.2 million, up from $73.8 million last year. International sales were $21.0 million, up from $16.3 million last year, led by a 100+% increase from Europe, which grew from $5.7 million to $11.8 million.

The Company’s cash and cash equivalents (including restricted cash) totaled $59.4 million as of March 31, 2025, compared to $35.5 million at the same time last year, and to $70.1 million as of December 31, 2024. Inventory was $53.2 million, compared to $46.3 million in total inventory as of March 31, 2024, and $52.8 million as of December 31, 2024.

Use of Non-GAAP Financial Information
In addition to the preliminary results reported in accordance with U.S. GAAP included in this release, the Company has provided certain non-GAAP financial information including Adjusted EBITDA and Adjusted Net Income (Loss) that exclude various items that are detailed in the financial tables and accompanying footnotes reconciling GAAP to non-GAAP results contained in this release. The non-GAAP financial measures included in the press release are reconciled to the corresponding GAAP financial measures below, as required under the rules of the Securities and Exchange Commission regarding the use of non-GAAP financial measures.

We define Adjusted EBITDA as income (loss) from operations before depreciation, amortization and adjusted for certain non-recurring and non-cash charges, such as reorganization expenses and restricted stock compensation expense. Net income (loss) is similarly adjusted and tax-effected to arrive at Adjusted Net Income (Loss). Adjusted EBITDA and Adjusted Net Income (Loss) are not recognized financial measures under GAAP, but we believe that they are useful in measuring our operating performance, enhance an overall understanding of the Company’s past financial performance, and provides useful information to the investor by comparing our performance across reporting periods on a consistent basis. Investors should not consider these measures in isolation or as a substitute for net income, operating income, or any other measure for determining the Company’s operating performance that is calculated in accordance with GAAP. In addition, because these measures are not calculated in accordance with GAAP, they may not necessarily be comparable to similarly titled measures employed by other companies.

The non-GAAP financial measures included in the press release are reconciled to the corresponding GAAP financial measures below, as required under the rules of the Securities and Exchange Commission regarding the use of non-GAAP financial measures. See “Use of Non-GAAP Financial Information� for additional disclosures with respect to the use of non-GAAP financial information.

This press release may contain “forward-looking statements� (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific’s business based partly on assumptions made by its management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially form what is expressed or forecasted in such statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS specifics products, product mix, the timing of customers orders and deliveries, the imposition, threat or uncertainty of tariffs, including reciprocal or retaliatory tariffs, the impact of competitive products and pricing, or that any future transactions will result in future growth or success of JAKKS. The “forward-looking statements� contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release.

Conference Call Live Webcast
JAKKS Pacific, Inc.invites analysts, investors, and media to listen to the teleconference scheduled for5:00 p.m. ET/2:00 p.m. PTonApril 29, 2025. A live webcast of the call will be available on the “Investor Relations� page of the Company’s website at . To access the call by phone, please go to this link (), and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at ().

About JAKKS Pacific, Inc.:
JAKKS Pacific, Inc. is a leading designer, manufacturer and marketer of toys and consumer products sold throughout the world, with its headquarters in Santa Monica, California. JAKKS Pacific’s popular proprietary brands include: AirTitans®, Disguise®, Fly Wheels®, JAKKS Wild Games®, Moose Mountain®, Maui®, Perfectly Cute®, ReDo® Skateboard Co., Sky Ball®, SportsZone�, Xtreme Power Dozer®, WeeeDo®, and Wild Manes� as well as a wide range of entertainment-inspired products featuring premier licensed properties. Through our products and our charitable donations, JAKKS is helping to make a positive impact on the lives of children. Visit us at www.jakks.com and follow us on Instagram (@jakkspacific.toys), X (@jakkstoys) and Facebook (@jakkspacific.toys).

Forward Looking Statements
This press release may contain “forward-looking statements� (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific's business based partly on assumptions made by its management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS Pacific's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, or that any future transactions will result in future growth or success of JAKKS. The “forward-looking statements� contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release.

CONTACT:
JAKKS Pacific Investor Relations
(424) 268-9567
Lucas Natalini; [email protected]



JAKKS Pacific, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets (Unaudited)
March 31,December 31,
202520242024
(In thousands)
Assets
Current assets:
Cash and cash equivalents$59,188$35,290$69,936
Restricted cash207202201
Accounts receivable, net95,61179,875131,629
Inventory53,16346,34152,780
Prepaid expenses and other assets19,85419,08714,141
Total current assets228,023180,795268,687
Property and equipment142,493138,066142,623
Less accumulated depreciation and amortization124,592122,694126,981
Property and equipment, net17,90115,37215,642
Operating lease right-of-use assets, net52,72122,96553,254
Deferred income tax assets, net70,40468,14270,394
Goodwill35,08534,99735,111
Other long-term assets1,7372,0631,781
Total assets$405,871$324,334$444,869
Liabilities, Preferred Stock and Stockholders' Equity
Current liabilities:
Accounts payable$44,489$31,683$42,560
Accounts payable - Meisheng (related party)-8,68913,461
Accrued expenses37,20037,20148,456
Reserve for sales returns and allowances26,22927,85935,817
Income taxes payable1,093-1,035
Short term operating lease liabilities9,8068,2378,091
Total current liabilities118,817113,669149,420
Long term operating lease liabilities47,11015,96148,433
Accrued expenses - long term2,9093,1832,563
Income taxes payable2,0093,2953,620
Total liabilities170,845136,108204,036
Stockholders' equity:
Common stock, $.001 par value111111
Additional paid-in capital295,931292,024297,198
Accumulated deficit(44,860)(88,117)(39,692)
Accumulated other comprehensive loss(16,556)(16,192)(17,184)
Total JAKKS Pacific, Inc. stockholders' equity234,526187,726240,333
Non-controlling interests500500500
Total stockholders' equity235,026188,226240,833
Total liabilities, preferred stock and stockholders' equity$405,871$324,334$444,869
Supplemental Balance Sheet and Cash Flow Data (Unaudited)
March 31,
Key Balance Sheet Data:20252024
Accounts receivable days sales outstanding (DSO)7681
Inventory turnover (DSI)6461
Three Months Ended March 31,
Condensed Cash Flow Data:20252024
Cash flows used in operating activities$(1,700)$(12,863)
Cash flows used in investing activities(3,065)(3,634)
Cash flows used in financing activities and other(5,977)(20,565)
Increase in cash, cash equivalents and restricted cash$(10,742)$(37,062)
Capital expenditures$(2,070)$(2,228)



JAKKS Pacific, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
Three Months Ended March 31,
20252024Δ (%)
(In thousands, except per share data)
Net sales$113,253$90,07626%
Less: Cost of sales
Cost of goods54,62653,8211
Royalty expense18,16813,77632
Amortization of tools and molds1,4461,4271
Cost of sales74,24069,0248
Gross profit39,01321,05285
Direct selling expenses8,6968,0977
General and administrative expenses33,96134,192(1)
Depreciation and amortization1138730
Selling, general and administrative expenses42,77042,3761
Loss from operations(3,757)(21,324)(82)
Other income (expense):
Other income (expense), net5138(96)
Interest income362376(4)
Interest expense(155)(143)8
Loss before benefit from income taxes(3,545)(20,953)(83)
Benefit from income taxes(1,163)(6,728)(83)
Net loss(2,382)(14,225)(83)
Net loss attributable to non-controlling interests-280nm
Net loss attributable to JAKKS Pacific, Inc.$(2,382)$(14,505)(84)%
Net loss attributable to common stockholders$(2,382)$(13,175)(82)%
Loss per share - basic & diluted$(0.21)$(1.27)
Shares used in loss per share - basic & diluted11,14610,354
Three Months Ended March 31,
20252024Δ bps
Fav/(Unfav)
Net sales100.0%100.0%-
Less: Cost of sales
Cost of goods48.359.71,140
Royalty expense16.015.3(70)
Amortization of tools and molds1.31.630.0
Cost of sales65.676.61,100
Gross profit34.423.41,100
Direct selling expenses7.79.0130
General and administrative expenses29.938.0810
Depreciation and amortization0.10.1-
Selling, general and administrative expenses37.747.1940
Loss from operations(3.3)(23.7)2,040
Other income (expense):
Other income (expense), net-0.2
Interest income0.30.4
Interest expense(0.1)(0.2)
Loss before benefit from income taxes(3.1)(23.3)
Benefit from income taxes(1.0)(7.5)
Net loss(2.1)(15.8)
Net loss attributable to non-controlling interests-0.3
Net loss attributable to JAKKS Pacific, Inc.(2.1)%(16.1)%
Net loss attributable to common stockholders(2.1)%(14.6)%



JAKKS Pacific, Inc. and Subsidiaries
Reconciliation of Non-GAAP Financial Information (Unaudited)
Three Months Ended March 31,
20252024Δ ($)
(In thousands)
EBITDA and Adjusted EBITDA
Net loss$(2,382)$(14,225)$11,843
Interest expense15514312
Interest income(362)(376)14
Benefit from income taxes(1,163)(6,728)5,565
Depreciation and amortization1,5591,51445
EBITDA(2,193)(19,672)17,479
Adjustments:
Other (income) expense, net(5)(138)133
Restricted stock compensation expense2,5522,575(23)
Adjusted EBITDA$354$(17,235)$17,589
Adjusted EBITDA/Net sales %0.3%(19.1)%1940 bps
Trailing Twelve Months Ended
March 31,
20252024Δ ($)
(In thousands)
TTM EBITDA and TTM Adjusted EBITDA
TTM net income$46,043$29,206$16,837
Interest expense1,1073,591(2,484)
Interest income(827)(1,603)776
Provision for income taxes11,0971,4889,609
Depreciation and amortization10,09110,659(568)
TTM EBITDA67,51143,34124,170
Adjustments:
Loss from joint ventures (JAKKS Pacific, Inc. - 51%)-276(276)
Loss from joint ventures (Meisheng - 49%)-289(289)
Other (income) expense, net(169)(263)94
Restricted stock compensation expense9,5128,513999
Change in fair value of preferred stock derivative liability-8,176(8,176)
Molds and tooling capitalization-(1,751)1,751
Loss on debt extinguishment-1,023(1,023)
TTM Adjusted EBITDA$76,854$59,604$17,250
TTM Adjusted EBITDA/TTM Net sales %10.8%8.6%220 bps
Three Months Ended March 31,
20252024Δ ($)
(In thousands, except per share data)
Adjusted net loss attributable to common stockholders
Net loss attributable to common stockholders$(2,382)$(13,175)$10,793
Restricted stock compensation expense2,5522,575(23)
Tax impact of additional charges(524)(657)133
Adjusted net loss attributable to common stockholders$(354)$(11,257)$10,903
Adjusted loss per share - basic & diluted$(0.03)$(1.09)$1.06
Shares used in adjusted earnings (loss) per share - basic & diluted11,14610,354792



JAKKS Pacific, Inc. and Subsidiaries
Net Sales by Division and Geographic Region
(In thousands)Q1
Divisions202520242023% Change
2025 v 2024
%Change
2024 v 2023
Toys/Consumer Products$107,438$82,910$97,89329.6%-15.3%
Dolls, Role-Play/Dress Up55,46340,57447,84336.7%-15.2%
Action Play & Collectibles42,88133,00837,84629.9%-12.8%
Outdoor/Seasonal Toys9,0949,32812,204-2.5%-23.6%
Costumes$5,815$7,166$9,591-18.9%-25.3%
Total$113,253$90,076$107,48425.7%-16.2%
(In thousands)Q1
Regions202520242023% Change
2025 v 2024
%Change
2024 v 2023
United States$88,944$70,430$80,44326.3%-12.4%
Europe11,8105,73510,162105.9%-43.6%
Latin America7,4597,9969,204-6.7%-13.1%
Canada3,2793,3704,054-2.7%-16.9%
Asia7519651,380-22.2%-30.1%
Australia & New Zealand6131,3461,608-54.5%-16.3%
Middle East & Africa39723463369.7%-63.0%
TOTAL JAKKS$113,253$90,076$107,48425.7%-16.2%
(In thousands)Q1
Regions202520242023% Change
2025 v 2024
%Change
2024 v 2023
North America$92,223$73,800$84,49725.0%-12.7%
International21,03016,27622,98729.2%-29.2%
Total$113,253$90,076$107,48425.7%-16.2%




FAQ

How much did JAKK sales grow in Q1 2025?

JAKK Pacific reported a 26% year-over-year increase in net sales, reaching $113.3 million in Q1 2025, up $23.2 million from Q1 2024.

What is JAKK Pacific's new dividend payment for 2025?

JAKK Pacific announced a quarterly dividend of $0.25 per share, payable on June 27, 2025, to shareholders of record as of May 30, 2025.

How did JAKK Pacific perform in international markets Q1 2025?

International sales reached $21.0 million, with European sales showing exceptional growth of over 100%, increasing from $5.7 million to $11.8 million.

What was JAKK Pacific's gross margin in Q1 2025 vs 2024?

JAKK Pacific's gross margin improved significantly to 34.4% in Q1 2025, compared to 23.4% in Q1 2024, driven by better product margins and reduced inventory costs.

How much cash does JAKK Pacific have in 2025?

As of March 31, 2025, JAKK Pacific held $59.4 million in cash and cash equivalents, up from $35.5 million in the previous year.

What was JAKK Pacific's adjusted net loss per share in Q1 2025?

JAKK Pacific reported an adjusted net loss of $0.03 per share in Q1 2025, improved from a loss of $1.09 per share in Q1 2024.
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231.90M
8.92M
25.61%
55.11%
1.79%
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Games, Toys & Children's Vehicles (no Dolls & Bicycles)
United States
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