Mattel advertising spend, FY2025
Mattel (MAT) reported $522M of advertising expense for the fiscal year ended Dec 31, 2025. That is 9.8% of revenue of $5.3B. Up 2.9% from FY2024.
Key facts
- Ad spend is 27% below its FY2015 level ($718M); revenue is 6% lower.
- The highest year on file is FY2013 at $750M; FY2025 is 30% below it.
- Largest increase +8.0% in FY2011; largest cut -18.4% in FY2018.
- Ad spend is 9.8% of revenue, down from 11.5% in FY2020.
- Mattel spends more on advertising than 64% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 1.9x the median of 5.2%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | $522M | +2.9% | $5.3B | 9.8% | MarketingAndAdvertisingExpense | 10-K Feb 23, 2026 |
| FY2024 | Dec 31, 2024 | $507M | -3.3% | $5.4B | 9.4% | MarketingAndAdvertisingExpense | 10-K Feb 23, 2026 |
| FY2023 | Dec 31, 2023 | $525M | -1.8% | $5.4B | 9.6% | MarketingAndAdvertisingExpense | 10-K Feb 23, 2026 |
| FY2022 | Dec 31, 2022 | $534M | -2.1% | $5.4B | 9.8% | MarketingAndAdvertisingExpense | 10-K Feb 26, 2025 |
| FY2021 | Dec 31, 2021 | $546M | +3.8% | $5.5B | 10.0% | MarketingAndAdvertisingExpense | 10-K Mar 15, 2024 |
| FY2020 | Dec 31, 2020 | $526M | -4.4% | $4.6B | 11.5% | MarketingAndAdvertisingExpense | 10-K Feb 22, 2023 |
| FY2019 | Dec 31, 2019 | $550M | +4.9% | $4.5B | 12.2% | MarketingAndAdvertisingExpense | 10-K Feb 28, 2022 |
| FY2018 | Dec 31, 2018 | $524M | -18.4% | $4.5B | 11.6% | MarketingAndAdvertisingExpense | 10-K Feb 25, 2021 |
| FY2017 | Dec 31, 2017 | $642M | +1.2% | $4.9B | 13.2% | MarketingAndAdvertisingExpense | 10-K Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $635M | -11.5% | $5.5B | 11.6% | MarketingAndAdvertisingExpense | 10-K/A Nov 12, 2019 |
| FY2015 | Dec 31, 2015 | $718M | -2.1% | $5.7B | 12.6% | MarketingAndAdvertisingExpense | 10-K Feb 27, 2018 |
| FY2014 | Dec 31, 2014 | $733M | -2.3% | $6B | 12.2% | MarketingAndAdvertisingExpense | 10-K Feb 23, 2017 |
| FY2013 | Dec 31, 2013 | $750M | +4.5% | $6.5B | 11.6% | MarketingAndAdvertisingExpense | 10-K Feb 25, 2016 |
| FY2012 | Dec 31, 2012 | $718M | +2.7% | $6.4B | 11.2% | MarketingAndAdvertisingExpense | 10-K Feb 25, 2015 |
| FY2011 | Dec 31, 2011 | $699M | +8.0% | $6.3B | 11.2% | AdvertisingExpense | 10-K Feb 23, 2012 |
| FY2010 | Dec 31, 2010 | $647M | +6.2% | $5.9B | 11.1% | AdvertisingExpense | 10-K Feb 23, 2012 |
| FY2009 | Dec 31, 2009 | $610M | -15.2% | $5.4B | 11.2% | AdvertisingExpense | 10-K Feb 23, 2012 |
| FY2008 | Dec 31, 2008 | $719M | +1.5% | $5.9B | 12.2% | MarketingAndAdvertisingExpense | 10-K Feb 24, 2011 |
| FY2007 | Dec 31, 2007 | $709M | n/a | $6B | 11.9% | MarketingAndAdvertisingExpense | 10-K Feb 24, 2010 |
What the figure is
Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.
Earlier years use a different tag. The Tag column above shows which one applies to each year.
Compared with similar spenders
The 6 companies closest to Mattel in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 119 | Teladoc Health | $546M | 21.6% | -8.2% | FY2025 |
| 120 | News Corp | $545M | 6.0% | +7.9% | FY2026 |
| 121 | Albertsons Companies | $525M | 0.6% | -1.0% | FY2026 |
| 122 | Mattel | $522M | 9.8% | +2.9% | FY2025 |
| 123 | Chime Financial | $510M | 23.3% | +11.7% | FY2025 |
| 124 | Under Armour | $502M | 10.1% | -8.7% | FY2026 |
| 125 | EverQuote | $501M | 72.3% | +45.1% | FY2025 |
Questions
How much does Mattel spend on advertising?
Mattel spent $522M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 23, 2026.
What percentage of revenue does Mattel spend on advertising?
9.8% of revenue in fiscal 2025 ($522M of $5.3B). The median across the 336 companies tracked is 5.2%.
Is Mattel spending more on advertising?
Yes. Ad spend rose 2.9% in fiscal 2025 from fiscal 2024.
How does Mattel rank by advertising spend?
#122 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.
What does Mattel's advertising figure include?
Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.
Source
- Filing
- 10-K for FY2025, filed Feb 23, 2026
- Accession number
0001628280-26-010716- Company
- MATTEL INC /DE/, CIK 63276, SIC 3942 (Dolls & Stuffed Toys)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Mattel advertising spend, FY2007-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 23, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/mattel/advertising-spend/
- Download
- CSV, all years · CSV, all 336 companies