# Hasbro Q3 2026 Earnings Beat

> Hasbro reports 15% revenue growth and 52% operating profit jump in Q3 2026.
- Title: Hasbro Q3 2026 Earnings Beat · The Motley Fool | Shortify
- Summary: Hasbro reports 15% revenue growth and 52% operating profit jump in Q3 2026. Hasbro's Q3 2026 earnings show 15% year-over-year revenue growth and 52% higher…
- Keywords: hasbro, q3 2026, revenue, operating profit, magic the gathering, wizards of the coast, consumer products, entertainment segment, share repurchase, finance, money, 2026
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/20/hasbro-has-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-20T17:24:55+00:00
- Read time: 1 min
- Topics: hasbro, q3 2026, revenue, operating profit, magic the gathering, wizards of the coast, consumer products, entertainment segment, share repurchase, finance, money
## Q3 2026 Results
Hasbro reported $1.6 billion revenue, up 15% year over year.
## Adjusted Operating Profit
Adjusted operating profit reached $541.2 million, a 52% year-over-year increase.
## Adjusted EPS
Adjusted earnings per share rose to $2.90, up 73% year over year.
## Magic: The Gathering
Magic revenue surpassed $600 million for the first time, growing 34% year over year.
## Wizards of the Coast
Wizards segment operating profit grew 46% to $367.4 million with 49.2% margin.
## Consumer Products
Consumer products revenue grew 4% to $827.9 million with 21.5% operating margin.
## Inventory Management
Inventory decreased 10% year over year to $358.9 million as management focused on clean retail levels.
## Cost Savings
Cost savings of $105 million achieved through first nine months against $150 million target.
## Operating Cash Flow
Operating cash flow reached $907.3 million for first nine months, an 85% increase.
## Debt Reduction
Debt reduction of $226 million deployed year to date through bond repurchases and maturity prefunding.
## Share Repurchase Target
Share repurchase target increased from $200 million to $400 million for the full year.
## Full-Year Revenue Guidance
Full-year revenue guidance raised to 7% to 9% growth in constant currency.
## Wizards Segment Guidance
Wizards segment revenue expected to grow 16% to 18% with 44% to 45% operating margins.
## Consumer Products Guidance
Consumer products revenue expected to grow 1% to 3% with 8% to 10% operating margins.
## Entertainment Segment Guidance
Entertainment segment revenue expected to grow 3% to 5% with 65% operating margins.
## Fourth Quarter Outlook
Fourth quarter margin expected to step down due to promotional and shipping mix shifts.
## Key takeaway

Hasbro's Q3 2026 earnings show 15% year-over-year revenue growth and 52% higher adjusted operating profit across all business segments.