Hasbro, Inc. reported financial results for the third quarter of fiscal 2026, ending September 27, 2026. The company announced that its revenue increased by 15% compared to the prior year, driven by growth across Wizards and Digital Gaming (+31%), Consumer Products (+4%), and Entertainment (+9%). Operating profit for the quarter was $517 million, with Adjusted operating profit reaching $541 million, a 52% increase year-over-year.
Key highlights from the quarter include Magic: The Gathering surpassing $600 million in quarterly revenue for the first time. The segment was driven by the release of The Hobbit and Reality Fracture sets. Additionally, Monopoly Go! contributed $41 million in revenue during the quarter. Reported net earnings were $2.77 per diluted share, while Adjusted net earnings per diluted share were $2.90.
Hasbro returned $206 million to shareholders through the quarterly dividend and share repurchases during the quarter. The company also deployed $79 million toward debt reduction through open-market bond repurchases and U.S. Treasury purchases to prefund 2026 and 2027 bond maturities.
Regarding the full year 2026 outlook, Hasbro raised its expectations. The company now anticipates total revenue to increase by 7-9% in constant currency, up from the previous guidance of 5-7%. Adjusted operating margin is expected to be 27-28%, and Adjusted EBITDA is expected to be between $1.575 billion and $1.625 billion. The company also announced it is doubling its share repurchase target for the year.
For the first nine months of 2026, Hasbro’s revenue increased by 15% year-over-year. Reported net earnings year-to-date were $5.27 per diluted share, with Adjusted net earnings per diluted share at $5.65.
