Spin Master Q2 FY26 returns to profit with net income US$ 29.7 million; revenue rises to US$ 436.4 million
Reuters2026/07/30 10:57By:Reuters
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Spin Master swung to Q2 net income of US$ 29.7 million, reversing a loss a year earlier; operating income turned positive at US$ 45.7 million.
- Revenue rose 8.9% to US$ 436.4 million, while gross profit climbed 27.9% to US$ 268.5 million.
- Six-month net loss narrowed to US$ 2.3 million; operating income improved to US$ 11.4 million as revenue edged up to US$ 764.9 million.
- Cash fell to US$ 48.5 million at June 30, 2026 from US$ 104.6 million at Dec. 31, 2025; operating cash flow increased to US$ 160.7 million.
- Entered a non-recourse trade receivable securitization program up to US$ 100 million; collected US$ 7.1 million in proceeds in Q2.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spin Master Corp. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
XRP Whales Activated and SEC CLARITY Act Power Move
TimesTabloid•2026/08/16 13:03
Peter Thiel’s Second-Biggest Bet is Not a Tech Stock Anymore
BeInCrypto•2026/08/16 12:15
Dogecoin eyes $0.177 if key $0.0813 barrier is breached, says analyst Ali
Cointurk•2026/08/16 10:57
MicroStrategy vs. Bitcoin: Who Won the 1-Year Performance Duel?
BeInCrypto•2026/08/16 10:09
Crypto prices
MoreBitcoin
BTC
$63,277.29
+0.36%
Ethereum
ETH
$1,888.09
+0.24%
Tether USDt
USDT
$0.9989
+0.00%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$1
-0.00%
Solana
SOL
$75.5
+0.10%
TRON
TRX
$0.3319
+0.11%
Hyperliquid
HYPE
$57.63
+1.30%
Dogecoin
DOGE
$0.06999
+0.01%
Zcash
ZEC
$492.67
+0.38%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now