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Side-by-side financial comparison of MATTEL INC (MAT) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $862.2M, roughly 1.5× MATTEL INC). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 7.1%, a 9.5% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs 4.3%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $-88.1M).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

MAT vs Q — Head-to-Head

Bigger by revenue
Q
Q
1.5× larger
Q
$1.3B
$862.2M
MAT
Growing faster (revenue YoY)
Q
Q
+6.8% gap
Q
11.1%
4.3%
MAT
Higher net margin
Q
Q
9.5% more per $
Q
16.5%
7.1%
MAT
More free cash flow
Q
Q
$656.1M more FCF
Q
$568.0M
$-88.1M
MAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MAT
MAT
Q
Q
Revenue
$862.2M
$1.3B
Net Profit
$61.0M
$211.0M
Gross Margin
44.9%
45.1%
Operating Margin
21.3%
Net Margin
7.1%
16.5%
Revenue YoY
4.3%
11.1%
Net Profit YoY
251.4%
6.0%
EPS (diluted)
$0.20
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAT
MAT
Q
Q
Q1 26
$862.2M
Q4 25
$1.8B
Q3 25
$1.7B
$1.3B
Q2 25
$1.0B
Q1 25
$826.6M
Q4 24
$1.6B
Q3 24
$1.8B
$1.1B
Q2 24
$1.1B
Net Profit
MAT
MAT
Q
Q
Q1 26
$61.0M
Q4 25
$106.2M
Q3 25
$278.4M
$211.0M
Q2 25
$53.4M
Q1 25
$-40.3M
Q4 24
$140.9M
Q3 24
$372.4M
$199.0M
Q2 24
$56.9M
Gross Margin
MAT
MAT
Q
Q
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
45.1%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
47.0%
Q2 24
49.2%
Operating Margin
MAT
MAT
Q
Q
Q1 26
Q4 25
8.0%
Q3 25
21.9%
21.3%
Q2 25
7.7%
Q1 25
-6.4%
Q4 24
9.6%
Q3 24
26.5%
21.8%
Q2 24
7.7%
Net Margin
MAT
MAT
Q
Q
Q1 26
7.1%
Q4 25
6.0%
Q3 25
16.0%
16.5%
Q2 25
5.2%
Q1 25
-4.9%
Q4 24
8.6%
Q3 24
20.2%
17.3%
Q2 24
5.3%
EPS (diluted)
MAT
MAT
Q
Q
Q1 26
$0.20
Q4 25
$0.32
Q3 25
$0.88
$1.01
Q2 25
$0.16
Q1 25
$-0.12
Q4 24
$0.40
Q3 24
$1.09
$0.95
Q2 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAT
MAT
Q
Q
Cash + ST InvestmentsLiquidity on hand
$866.0M
$128.0M
Total DebtLower is stronger
$2.3B
$1.7B
Stockholders' EquityBook value
$2.1B
$9.1B
Total Assets
$6.3B
$12.5B
Debt / EquityLower = less leverage
1.11×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
Q
Q
Q1 26
$866.0M
Q4 25
$1.2B
Q3 25
$691.9M
$128.0M
Q2 25
$870.5M
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$723.5M
Q2 24
$722.4M
Total Debt
MAT
MAT
Q
Q
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
$1.7B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
MAT
MAT
Q
Q
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$2.3B
$9.1B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.3B
$11.1B
Q2 24
$2.0B
Total Assets
MAT
MAT
Q
Q
Q1 26
$6.3B
Q4 25
$6.6B
Q3 25
$6.6B
$12.5B
Q2 25
$6.2B
Q1 25
$6.2B
Q4 24
$6.5B
Q3 24
$6.5B
Q2 24
$5.9B
Debt / Equity
MAT
MAT
Q
Q
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
0.19×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAT
MAT
Q
Q
Operating Cash FlowLast quarter
$782.0M
Free Cash FlowOCF − Capex
$-88.1M
$568.0M
FCF MarginFCF / Revenue
-10.2%
44.5%
Capex IntensityCapex / Revenue
7.6%
16.8%
Cash ConversionOCF / Net Profit
3.71×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
Q
Q
Q1 26
Q4 25
$796.6M
Q3 25
$72.0M
$782.0M
Q2 25
$-300.1M
Q1 25
$24.8M
Q4 24
$862.1M
Q3 24
$155.8M
Q2 24
$-252.9M
Free Cash Flow
MAT
MAT
Q
Q
Q1 26
$-88.1M
Q4 25
Q3 25
$568.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
MAT
MAT
Q
Q
Q1 26
-10.2%
Q4 25
Q3 25
44.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
MAT
MAT
Q
Q
Q1 26
7.6%
Q4 25
Q3 25
16.8%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
MAT
MAT
Q
Q
Q1 26
Q4 25
7.50×
Q3 25
0.26×
3.71×
Q2 25
-5.62×
Q1 25
Q4 24
6.12×
Q3 24
0.42×
Q2 24
-4.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAT
MAT

Segment breakdown not available.

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

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