JAKKS Pacific Q1 Net Loss Hits $4.28M, Revenue Declines 5.8%
JAKK sits 56% above its 52-week low of $14.865.
Summary
JAKKS Pacific reported first-quarter 2026 revenue of $106.68 million, a 5.8% decline year-over-year, alongside a net loss of $4.28 million and diluted EPS of ($0.37). This official 10-Q summary follows a Reuters report yesterday that cited Q1 net sales of $106.7 million and an *adjusted* net loss of $1.9 million. The official GAAP net loss of $4.28 million is substantially larger than the previously reported adjusted figure, indicating a worse financial performance than initially highlighted. The wider loss and continued revenue decline, coupled with gross margin compression due to higher product costs, are significant for the company, especially as its stock trades near its 52-week high. Investors will closely monitor future guidance and strategies to improve profitability and reverse sales declines in key segments.
At the time of this announcement, JAKK was trading at $23.22 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $265.7M. The 52-week trading range was $14.87 to $23.60. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.