Jakks Pac Inc SEC Filings

JAKKS Pacific (JAKK) reported Q3 2025 results showing a sharp year-over-year slowdown but continued profitability. Net sales were $211.2 million versus $321.6 million a year ago, and net income was $19.9 million versus $52.3 million. Diluted EPS was $1.74. Gross margin was 32.0% compared with 33.8%.

By segment, Toys/Consumer Products delivered $156.1 million and Costumes $55.1 million, down 40.9% and 3.8% respectively. The company cited softer demand across dolls, role-play/dress-up, action play & collectibles, and outdoor/seasonal. Selling, general and administrative expenses fell in dollars but rose as a percentage of sales to 18.1% given the lower revenue base.

Liquidity remained solid. Cash and equivalents including restricted cash were $27.8 million at quarter-end, with working capital of $133.8 million. Operating activities used $24.8 million year-to-date. The company replaced its JPMorgan facility with a new $70.0 million senior secured revolving credit facility with BMO, had no borrowings outstanding, and $68.3 million of availability as of September 30, 2025. A quarterly cash dividend of $0.25 per share was paid September 30, 2025, and another $0.25 was declared for payment on December 29, 2025.

JAKKS Pacific (JAKK) reported an insider equity event for its Chief Financial Officer. On 10/25/2025, the CFO acquired 20,994 shares of common stock following the vesting of previously reported RSUs, and was granted 20,994 new RSUs under the company’s 2002 Stock Award and Incentive Plan.

The filing lists a reference price of $19.34 for the vested shares and $19.32 for the RSU grant, each representing the closing price on the trading day preceding the respective vesting or grant. Following the transactions, the officer beneficially owned 136,167 common shares, held directly.

Certain shares may be restricted from transfer under the company’s minimum stock ownership provisions. The RSUs carry no voting rights and cannot be transferred before vesting, per the award agreement.

JAKKS Pacific (JAKK) Chairman, CEO, Secretary, and Director Stephen G. Berman reported insider equity activity on 10/25/2025.

He acquired 91,874 shares of common stock via an RSU vesting (Code M) at a reference price of $19.34, then had 48,280 shares withheld to satisfy taxes (Code F) at $19.34. Following these transactions, he directly beneficially owned 234,133 shares. Separately, he received a new award of 91,874 RSUs (Code A) recorded with a reference price of $19.32.

The filing notes certain shares may be subject to the company’s minimum stock ownership provisions, and that RSUs lack voting rights and transferability prior to vesting.

JAKKS Pacific, Inc. filed an S-3 shelf registration to offer up to $150,000,000 of securities, including an at-the-market program of up to $75,000,000 of common stock under its sales agreement with B. Riley Securities. Sales may be made from time to time after the effective date, in one or more offerings.

The ATM is included within the $150 million shelf capacity and any unused ATM capacity may be offered through other methods under the base prospectus. The company notes this filing rolls over its October 2022 shelf (Reg. No. 333-267958), under which no securities were issued.

JAKKS states it intends to use net proceeds for general corporate purposes, which may include debt repayment, capital expenditures and working capital; under existing loan documents with BMO Bank N.A., 100% of Net Cash Proceeds may be required for mandatory, penalty‑free prepayments. Common stock is listed on Nasdaq as “JAKK.” Shares outstanding were 11,204,941 as of October 24, 2025, and the closing price was $19.34 per share on that date.

Jonathan R. Liebman, a director of JAKKS Pacific, Inc. (JAKK), was granted 4,827 restricted stock units (RSUs) on 09/09/2025 under the company’s 2002 Stock Award and Incentive Plan. The RSUs vest in one installment on the first anniversary of the grant provided the reporting person remains a board member. The RSUs carry no voting rights and are non-transferable, saleable, pledgable or otherwise encumbered prior to vesting. The filing reports the grant valued using the closing NASDAQ price on the trading day before the grant at $17.61 per share, equating to 4,827 underlying common shares that will be issued upon vesting. Some shares may also be subject to the company’s minimum stock ownership restrictions.

Jonathan Roy Liebman filed an initial Form 3 reporting his relationship to JAKKS PACIFIC INC (JAKK) as a Director. The filing lists the event date as 06/20/2025 and provides Liebman’s business address at JAKKS PACIFIC, INC., Santa Monica, CA. The Form 3 discloses no securities beneficially owned by the reporting person at the time of filing. The document is signed by Jonathan R. Liebman on 09/23/2025. No derivative holdings, amendments, or ownership percentages are reported.

JAKKS Pacific (NASDAQ:JAKK) has secured a new $70 million first-lien secured revolving credit facility with BMO Bank N.A., replacing its existing $67.5 million facility with JPMorgan Chase. The new cash flow-based credit facility, maturing in June 2030, offers more favorable terms with interest rates at SOFR plus 1.50-2.00% or base rate plus 0.50-1.00%. The agreement includes standard covenants requiring an Interest Coverage Ratio of at least 3.00:1.00 and a Total Net Leverage Ratio not exceeding 2.00:1.00. The facility is secured by substantial company assets including inventory, accounts receivable, and intellectual property.