<\/p>\nNet sales reached $106.7 million, down 6% year over year. The company posted a net loss of $4.3 million, or $0.37 per share, compared to a loss of $2.4 million, or $0.21 per share, in the prior-year period. Gross margin held at 33.4%, down 100 basis points, while adjusted EBITDA dipped slightly into the red.<\/p>\n
<\/span><\/p>\n
<\/p>\nThe headline numbers only tell part of the story.<\/p>\n
<\/span><\/p>\n
<\/p>\n\u201cThe first quarter for our company is always focused on working with customers to understand the implications of the year that has just closed,\u201d said the company in a prepared earnings statement. \u201cFor companies like ours that can move quickly and are focused on meeting their customers\u2019 needs, that leads to uncovering new opportunities. From that perspective, this has been a very successful quarter, and we feel we are building momentum.\u201d<\/p>\n
<\/span><\/p>\n
<\/p>\n\u201cOur Q1 financial results were roughly in line with our expectations,\u201d Chairman and CEO Stephen Berman said during the earnings call, noting that the company\u2019s near-term outlook has improved compared to a year ago.<\/p>\n
<\/span><\/p>\n
<\/p>\nNorth America remained the pressure point. Sales declined 16% in the region as retailers stayed cautious amid ongoing volatility and worked through last year\u2019s disruption in inventory flow. Tariffs also played a role, with the company incurring estimated costs of $1-2 million during the quarter, compared with less than $100,000 a year ago.<\/p>\n
<\/span><\/p>\n
<\/p>\nInternational delivered the counterbalance. Sales climbed to $29 million, up from $21 million last year, marking one of the company\u2019s strongest global starts in recent years.<\/p>\n
<\/span><\/p>\n
<\/p>\nBy category, Action Play & Collectibles led growth, reaching $55.3 million, while Dolls, Role-Play, and Dress-Up declined to $37.5 million. The Disguise Costumes segment continued to expand, rising 13% to $6.6 million.<\/p>\n
<\/span><\/p>\n
<\/p>\nLooking ahead, JAKKS is leaning into the strength of entertainment-driven demand and new category plays. The company cited strong retail support tied to The Super Mario Galaxy Movie<\/em>, its mashup between DC and SEGA\u2019s Sonic the Hedgehog, momentum across Disney Princess and Frozen lines, and a growing slate of theatrical releases and licensing programs. Those efforts include multiple new launches in the Disguise business, including costumes inspired by Toy Story 5<\/em>, KPop Demon Hunters<\/em>, Descendants 5<\/em>, PAW Patrol: The Dino Movie<\/em>, Minions & Monsters<\/em>, and more.<\/p>\n<\/span><\/p>\n
<\/p>\nAt the same time, JAKKS is building toward a larger strategic pivot: a next-generation anime, manga, and digital creator platform set to roll out in 2026, ahead of a broader launch in 2027.<\/p>\n
<\/span><\/p>\n
<\/p>\n\u201cWe are not simply entering a category; we are building a durable, repeatable platform designed to deliver sustained, multi-year value,\u201d Berman said.<\/p>\n
<\/span><\/p><\/div>\n
\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source toybook.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"JAKKS Pacific opened 2026 in familiar territory \u2014 a quiet first quarter marked by retailer recalibration, with international growth helping offset softness in the U.S. Net sales reached $106.7 million, down 6% year over year. The company posted a net loss of $4.3 million, or $0.37 per share, compared to a loss of $2.4 million, […]<\/p>\n","protected":false},"author":2,"featured_media":2397635,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[468011,26192,354593,468012],"class_list":["post-2397634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-disguise","tag-earnings","tag-jakks-pacific","tag-q1-earnings"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/JAKKS-Pacific-Balances-Q1-Headwinds-Builds-Toward-Entertainment-Driven-Year.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2397634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2397634"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2397634\/revisions"}],"predecessor-version":[{"id":2397636,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2397634\/revisions\/2397636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2397635"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2397634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2397634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2397634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}