Matel (NASDAQ:MAT) Misses Q4 Revenue, Shares Drop 8.8% Post-Earnings

Toy and entertainment giant Mattel (NASDAQ:MAT) reported Q4 CY2025 revenue of $1.77B, up 7.3% YoY, but missed Wall Street estimates, with non-GAAP EPS at $0.39, 28.8% below consensus. The stock fell 8.8% to $19.21 in after-hours trading. CEO Ynon Kreiz said U.S. December gross billings grew less than expected while international performance was positive and market share gained in key categories globally. The company’s 3.1% annualized revenue growth over the past five years was below sector norms, and operating margin averaged 12.3% in the last two years, contracting to 8% in Q4. Looking ahead, sell-side analysts project revenue to grow 4.7% over the next 12 months and full-year EPS of $1.44, implying 23% CAGR for EPS over the next five years. Mattel’s long-term EPS growth of 22.1% CAGR is weaker than its recent top-line expansion, and EBITDA guidance for the full year was also below estimates.