Jakks Pacific, Inc. · NASDAQ:JAKK
Jakks Pacific — Q1 2026 Earnings Presentation
24 slides from Jakks Pacific's earnings presentation, Apr 30, 2026
Slide 1: First Quarter 2026 Earnings Presentation
First Quarter 2026 Earnings Presentation April 30, 2026 5:00 PM Eastern / 2:00 PM Pacific 1Q26 Registration link 1Q26 Webcast link 1
Slide 2: Executive Team on the Call
EXECUTIVE TEAM ON THE CALL STEPHEN BERMAN Chairman & Chief Executive Officer JOHN KIMBLE Executive Vice President & Chief Financial Officer 2
Slide 3: Safe Harbor Statement
SAFE HARBOR STATEMENT The Company would like to point out that any comments made about JAKKS Pacific's future performance, events or circumstances, including the estimates of sales and/or Adjusted EBITDA in 2026, as well as any other forward-looking statements concerning 2026 and beyond are subject
Slide 4: Q1 Net sales were $106.7 million, a year-over-year decrease of 6%
• Q1 Net sales were $106.7 million, a year-over-year decrease of 6% • Q1 Gross margin of 33.4%, down 100 basis points vs. Q1 2025 • Gross profit of $35.6 million, down 9% compared to $39.0 million in Q1 2025 • Operating loss of $5.6 million, compared to an operating loss of $3.9 million in Q1 2025 •
Slide 5: 2026 First Quarter Net Sales
2026 First Quarter Net Sales $ Millions $150 $120.9 $113.3 $107.5 $106.7 $100 $90.1 $50 $0 2022 2023 2024 2025 2026 YoY % Change: (11)% (16)% 26% (6)% 5
Slide 6: 2026 First Quarter Toys/Consumer Products Net Sales
2026 First Quarter Toys/Consumer Products Net Sales $ Millions $150 $111.1 $107.4 $100.1 $100 $97.9 $82.9 $50 $0 2022 2023 2024 2025 2026 YoY % Change: (12)% (15)% 30% (7)% 6
Slide 7: 2026 First Quarter Toys/Consumer Products Net Sales
2026 First Quarter Toys/Consumer Products Net Sales $ Millions NA TOY/CP INTL TOY/CP $150 $30 $25.7 $20.0 $100 $92.5 $89.3 $20 $18.6 $18.1 $77.9 $74.3 $14.3 $68.6 $50 $10 $0 $0 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 (16)% (12)% 30% (17)% 7% (28)% 26% 42% YoY % Change YoY % Change 7
Slide 8: 2026 First Quarter Costumes Net Sales
2026 First Quarter Costumes Net Sales $ Millions $15 $9.8 $9.6 $10 $7.2 $6.6 $5.8 $5 $0 2022 2023 2024 2025 2026 YoY % Change: (2)% (25)% (19)% 13% 8
Slide 9: 2026 First Quarter Gross Margin %
2026 First Quarter Gross Margin % 35.0% 34.4% 33.4% 30.0% 29.2% 25.0% 24.7% 23.4% 20.0% 2022 2023 2024 2025 2026 YoY % Change: 450 bps (580) bps 1,100 bps (100) bps 9
Slide 10: 2026 First Quarter Adj. EBITDA and Adj. Net Income
2026 First Quarter Adj. EBITDA and Adj. Net Income $ Millions Q4 ADJ EBITDA Q4 ADJ NET INCOME $10 $10 $5 $5 $1.9 $0.4 $0 $0 ($1.1) ($0.4) ($0.4) ($1.9) ($5) ($5) ($2.6) ($4.0) ($10) ($10) ($11.3) ($15) ($15) ($17.2) ($20) ($20) 2022 2023 2024 2025 2026 2022 2023 2024 2025 2026 (1.6)% (1.0)% (19.1)%
Slide 11: First Quarter Inventory - 2026 vs 2025 (Worldwide)
First Quarter Inventory - 2026 vs 2025 (Worldwide) $ Millions $75 0% $53.2M $52.9M $50 $3.2 $10.0 $25 $49.7 $43.2 $0 2025 2026 In-Transit Inventory less In-Transit 11
Slide 12: International Net Sales Evolution (Trailing Twelve Month)
International Net Sales Evolution (Trailing Twelve Month) Net Sales $160 ($ Million) $138M $140 $120 $99M $100 Europe, Middle East, Africa $80 $60 $40 Latin America $20 Asia-Pacific $0 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 2024 2024 2024 2024 2025 2025 2025
Slide 13: Q1 led by strong entertainment sales
Q1 led by strong entertainment sales Net Sales $323 $322 ($ Million) $310 69 59 99 $220 $211 53 29 $167 $149 174 177 36 157 12 $132 $127 $131 $127 $121 $119 $113 86 117 $107 $107 23 20 38 41 31 41 $90 30 36 76 88 15 42 56 62 69 85 69 64 56 59 62 72 64 57 51 53 55 49 44 10 39 10 7 14 9 13 9 17 6 7 19
Slide 14: Top Entertainment Properties
Top Entertainment Properties 2022 2023 2024 2025 2026 The Super Mario Bros. DC x Sonic the Disney Encanto Hedgehog Movie The Simpsons The Simpsons (Fall 2021) (Comic Series) (Spring 2023) (Spring 2025) Sonic the Disney The Little The Super Mario Disney Moana 2 Disney Moana 2 Hedgehog 2 Mermaid Galax
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Slide 16: Deluxe Feature Dolls Snuggly Stars
Deluxe Feature Dolls Snuggly Stars 16
Slide 17: Gakks)
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Slide 18: Condensed Consolidated Statements of Operations (Unaudited)
JAKKS Pacific, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (Unaudited) Three Months Ended March 31, 2026 2025 Δ (%) (In thousands, except per share data) Net sales $ 106,676 $ 113,253 (6) % Less: Cost of sales Cost of goods 52,187 54,626 (4) Royalty expense 16,913 18,168 (7
Slide 19: Condensed Consolidated Balance Sheets (Unaudited) - Assets
JAKKS Pacific, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) March 31, December 31, 2026 2025 2025 (In thousands) Assets Current assets: Cash and cash equivalents $ 62,849 $ 59,188 $ 52,197 Restricted cash 1,132 207 1,869 Accounts receivable, net 93,244 95,611 138,341 Inven
Slide 20: Condensed Consolidated Balance Sheets (Unaudited) - Liabilities and Equity
JAKKS Pacific, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) March 31, December 31, 2026 2025 2025 (In thousands) Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 39,964 $ 44,489 $ 55,558 Accrued expenses 35,709 37,200 43,076 Reserve for sales re
Slide 21: Reconciliation of Non-GAAP Financial Information: EBITDA and Adjusted EBITDA
JAKKS Pacific, Inc. and Subsidiaries Reconciliation of Non-GAAP Financial Information (Unaudited) Three Months Ended March 31, 2026 2025 Δ ($) (In thousands) EBITDA and Adjusted EBITDA Net loss $ (4,280) $ (2,382) $ (1,898) Interest expense 60 155 (95) Interest income (480) (362) (118) Benefit from
Slide 22: Reconciliation of Non-GAAP Financial Information: EBITDA and Adjusted EBITDA
JAKKS Pacific, Inc. and Subsidiaries Reconciliation of Non-GAAP Financial Information (Unaudited) Three Months Ended March 31, 2026 2025 Δ ($) (In thousands) EBITDA and Adjusted EBITDA Net loss $ (4,280) $ (2,382) $ (1,898) Interest expense 60 155 (95) Interest income (480) (362) (118) Benefit from
Slide 23: Reconciliation of Non-GAAP Financial Information: Adjusted net loss
JAKKS Pacific, Inc. and Subsidiaries Reconciliation of Non-GAAP Financial Information (Unaudited) Three Months Ended March 31, 2026 2025 Δ ($) (In thousands, except per share data) Adjusted net loss attributable to common stockholders Net loss $ (4,280) $ (2,382) $ (1,898) Restricted stock compensat
Slide 24: Net Sales by Division and Geographic Region
JAKKS Pacific, Inc. and Subsidiaries Net Sales by Division and Geographic Region (In thousands) QTD Q1 % Change CAGR% Divisions 2024 2025 2026 2025 v 2026 (2024-2026) Toys/Consumer Products $82,910 $107,438 $100,095 -6.8% 9.9% Dolls, Role-Play/Dress-Up 40,574 55,463 37,497 -32.4% -3.9% Action Play &