Mattel, Inc. (MAT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MAT Revenue Growth
Revenue Breakdown (FY 2025)
MAT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MAT Revenue Analysis (2014–2025)
As of May 8, 2026, Mattel, Inc. (MAT) generated trailing twelve-month (TTM) revenue of $5.38 billion, reflecting modest growth of +4.3% year-over-year. The most recent quarter (Q1 2026) recorded $862.2 million in revenue, down 51.2% sequentially.
Looking at the longer-term picture, MAT's 5-year compound annual growth rate (CAGR) stands at +3.1%, indicating moderate growth over time. The company achieved its highest annual revenue of $6.02 billion in 2014.
Revenue diversification analysis shows MAT's business is primarily driven by International Segment (100%). With over half of revenue concentrated in International Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including HAS (+13.7% YoY), JAKK (-17.4% YoY), and SPWH (-2.9% YoY), MAT has underperformed the peer group in terms of revenue growth. Compare MAT vs HAS →
MAT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MATCurrent | $5.4B | +4.3% | +3.1% | 11.6% | |
 HAS | $4.7B | +13.7% | -3.0% | 22.5% | |
 JAKK | $571M | -17.4% | +2.0% | 2.5% | |
 SPWH | $1.2B | -2.9% | +6.2% | -1.5% | |
 PLBY | $121M | -19.0% | -3.9% | -2.7% | |
 FNKO | $908M | -10.4% | +6.8% | -5.0% |
MAT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.35B | -0.6% | $2.61B | 48.9% | $620.0M | 11.6% |
| 2024 | $5.38B | -1.1% | $2.73B | 50.8% | $694.3M | 12.9% |
| 2023 | $5.44B | +0.1% | $2.58B | 47.5% | $561.7M | 10.3% |
| 2022 | $5.43B | -0.4% | $2.48B | 45.7% | $675.5M | 12.4% |
| 2021 | $5.46B | +18.9% | $2.63B | 48.1% | $729.6M | 13.4% |
| 2020 | $4.59B | +1.9% | $2.24B | 48.9% | $374.7M | 8.2% |
| 2019 | $4.50B | -0.2% | $1.98B | 43.9% | $37.1M | 0.8% |
| 2018 | $4.51B | -7.5% | $1.80B | 39.8% | $-234,349,000 | -5.2% |
| 2017 | $4.88B | -10.5% | $1.82B | 37.4% | $-335,698,000 | -6.9% |
| 2016 | $5.45B | -4.4% | $2.55B | 46.7% | $520.0M | 9.5% |
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Start ComparisonMAT — Frequently Asked Questions
Quick answers to the most common questions about buying MAT stock.
Is MAT's revenue growth accelerating or slowing?
MAT revenue growth slowed to +4.3%, below the 5-year CAGR of +3.1%. TTM revenue is $5.4B. The deceleration marks a shift from historical growth rates.
What is MAT's long-term revenue growth rate?
Mattel, Inc.'s 5-year revenue CAGR of +3.1% reflects the variable expansion pattern. Current YoY growth of +4.3% is near this long-term average.
How is MAT's revenue distributed by segment?
MAT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.