Mattel (MAT) reported second-quarter 2026 net sales of $1.125 billion, up 10% as reported and 9% in constant currency from the prior year. The company posted a net loss of $18 million, compared with net income of $53 million a year earlier.
Reported operating income was $11 million, down $68 million year over year. Mattel reiterated its 2026 guidance and reaffirmed its target to repurchase $400 million of shares this year.
- Second-quarter net sales were $1.125 billion, up 10% as reported.
- Net loss was $18 million, compared with net income of $53 million in the prior-year quarter.
- Reported loss per share was $0.06, compared with earnings per share of $0.16 a year earlier.
- Worldwide gross billings rose 14% for Vehicles and 35% for Action Figures, Building Sets, Games, and Other.
- Mattel repurchased another $100 million of shares in the quarter, bringing year-to-date repurchases to $300 million.
$MAT Insider Trading Activity
$MAT insiders have traded $MAT stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MAT stock by insiders over the last 6 months:
- YNON KREIZ (Chairman & CEO) purchased 65,000 shares for an estimated $1,009,300
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MAT Hedge Fund Activity
We have seen 164 institutional investors add shares of $MAT stock to their portfolio, and 222 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FRANKLIN RESOURCES INC removed 7,359,655 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $106,935,787
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 5,377,254 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $78,131,500
- SOUTHEASTERN ASSET MANAGEMENT INC/TN/ added 4,241,829 shares (+49.5%) to their portfolio in Q1 2026, for an estimated $61,633,775
- MARSHALL WACE, LLP added 3,712,984 shares (+27311.4%) to their portfolio in Q1 2026, for an estimated $53,949,657
- PATIENT CAPITAL MANAGEMENT, LLC removed 2,794,343 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $40,601,803
- SIMCOE CAPITAL MANAGEMENT, LLC removed 2,641,210 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $38,376,781
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 2,524,008 shares (-59.9%) from their portfolio in Q1 2026, for an estimated $36,673,836
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
