JAKKS Pacific, Inc. Reports First Quarter 2026 Financial Results and Declares Quarterly Dividend

JAKKS Pacific, Inc. announced its first quarter 2026 financial results for the period ending March 31, 2026. Net sales decreased by 6% year-over-year to $106.7 million. The company reported a net loss of $4.3 million, or $0.37 per diluted share, compared to a net loss of $2.4 million, or $0.21 per diluted share, in the first quarter of 2025. Adjusted net loss attributable to common stockholders was $1.9 million, or $0.17 per diluted share. Adjusted EBITDA was $(0.4) million for the quarter. The company's Board of Directors declared a quarterly cash dividend of $0.25 per common share, payable on June 29, 2026. International net sales showed significant growth, reaching $138 million on a trailing twelve-month basis, while North America sales declined. Inventory levels were $52.9 million and cash and cash equivalents were $64.0 million as of March 31, 2026.