JAKKS Pacific Reports Third Quarter 2025 Financial Results
Santa Monica, CA — JAKKS Pacific reported financial results for the third quarter ended September 30, 2025.
Third Quarter 2025
- Net sales were $211.2 million, a year-over-year decrease of $110.4 million or 34%, driven largely by a reduction in direct-import sales due to a combination of customers anticipating lower consumer demand in response to tariff-driven price increases and the lack of new theatrical release-related product vs. prior year
- US net sales were $154.5 million, down 40% compared to Q3 2024
- Rest of World net sales were $56.7 million, down 15% compared to Q3 2024
- Gross margin of 32.0% vs. 33.8% in Q3 2024, driven by US tariffs and higher royalty expense
- Gross profit of $67.6 million, down $41.2 million compared to $108.8 million in Q3 2024
- Operating income of $29.4 million, compared to operating income of $68.1 million in Q3 2024
- Adjusted net income attributable to common stockholders (a non-GAAP measure) of $20.6 million (or $1.80 per diluted share), compared to adjusted net income attributable to common stockholders of $54.0 million (or $4.79 per diluted share) in Q3 2024
- Adjusted EBITDA (a non-GAAP measure) of $36.5 million vs. $74.4 million in Q3 2024
First Nine Months 2025
- Net sales were $443.6 million compared to $560.3 million last year, a 21% decrease
- US net sales were $330.5 million, down 27% compared to 2024
- Rest of World net sales were $113.1 million, up 4% compared to 2024
- Toys/Consumer Products net sales were $343.9 million, down 24% to prior year
- Costumes net sales were $99.7 million, a year-over-year decrease of 8%
- Gross margin of 32.8% compared to 31.7% last year
- Gross profit of $145.7 million, down 18% compared to $177.5 million last year
Management Commentary
“While near-term volatility in tariffs and retail demand present challenges, this year they also highlight the value of running a disciplined, forward-looking business,” said Stephen Berman, Chairman and CEO of JAKKS Pacific. “We are not only protecting margins and supporting our retail partners with transparency today—we are laying the groundwork for a strong pipeline of products in a broad array of categories with some of the top licensed intellectual property that extends well into 2026 and beyond.
Our diversified sourcing network and ongoing supply chain cost reduction initiatives give us the agility to adapt to future shifts in trade and policy, while our strong balance sheet, conservative financial posture and strong inventory controls, both at retail and in our distribution centers, provide us with resilience through changing business environments.
We remain confident in our long-term trajectory. By sharpening operational efficiency, accelerating cash generation, and investing in product innovation, we are positioning JAKKS Pacific to capture new opportunities, deliver lasting value to shareholders and customers, and shape the future of play for years to come.”
Third Quarter & First Nine Months 2025 Results
Net sales for the third quarter of 2025 were $211.2 million, down 34% versus $321.6 million last year. The Toys/Consumer Products segment sales were down 41% globally to $156.1 million, and sales of Costumes were down 4% to $55.1 million compared to last year. United States sales were $154.5 million, down 40% from $255.3 million last year. Rest of World sales were $56.7 million, down 15% from $66.3 million last year.
Net sales for the first nine months of 2025 were $443.6 million, down 21% from $560.3 million last year. The Toys/Consumer Products segment’s sales were $343.9 million, down 24% from $451.8 million last year. Sales of Costumes were $99.7 million, down 8% from $108.5 million for the same time period last year. United States sales were $330.5 million, down 27% from $451.5 million last year. Rest of World sales were $113.1 million, up 4% from $108.8 million last year.
Trailing twelve-month EBITDA (a non-GAAP measure) was $29.0 million as of September 30, 2025, down from $58.5 million as of September 30, 2024.
The Company’s cash and cash equivalents (including restricted cash) totaled $27.8 million as of September 30, 2025, compared to $22.3 million at the same time last year, and $70.1 million as of December 31, 2024. Inventory was $71.5 million, compared to $63.5 million as of September 30, 2024, and $52.8 million as of December 31, 2024.
| JAKKS Pacific, Inc. and Subsidiaries | ||||||||||||||||
| Condensed Consolidated Balance Sheets (Unaudited) | ||||||||||||||||
| September 30, | December 31, | |||||||||||||||
| 2025 | 2024 | 2024 | ||||||||||||||
| (In thousands) | ||||||||||||||||
| Assets | ||||||||||||||||
| Current assets: | ||||||||||||||||
| Cash and cash equivalents | $ | 25,887 | $ | 22,070 | $ | 69,936 | ||||||||||
| Restricted cash | 1,869 | 214 | 201 | |||||||||||||
| Accounts receivable, net | 195,779 | 290,424 | 131,629 | |||||||||||||
| Inventory | 71,497 | 63,509 | 52,780 | |||||||||||||
| Prepaid expenses and other assets | 19,784 | 8,082 | 14,141 | |||||||||||||
| Total current assets | 314,816 | 384,299 | 268,687 | |||||||||||||
| Property and equipment | 147,745 | 144,072 | 142,623 | |||||||||||||
| Less accumulated depreciation and amortization | 131,226 | 128,947 | 126,981 | |||||||||||||
| Property and equipment, net | 16,519 | 15,125 | 15,642 | |||||||||||||
| Operating lease right-of-use assets, net | 49,611 | 19,242 | 53,254 | |||||||||||||
| Deferred income tax assets, net | 67,612 | 68,187 | 70,394 | |||||||||||||
| Goodwill | 35,081 | 35,102 | 35,111 | |||||||||||||
| Other long-term assets | 1,631 | 1,923 | 1,781 | |||||||||||||
| Total assets | $ | 485,270 | $ | 523,878 | $ | 444,869 | ||||||||||
| Liabilities and Stockholders’ Equity | ||||||||||||||||
| Current liabilities: | ||||||||||||||||
| Accounts payable | $ | 72,338 | $ | 98,928 | $ | 42,560 | ||||||||||
| Accounts payable – Meisheng (related party) | – | 35,011 | 13,461 | |||||||||||||
| Accrued expenses | 52,085 | 71,748 | 48,456 | |||||||||||||
| Reserve for sales returns and allowances | 37,691 | 40,837 | 35,817 | |||||||||||||
| Income taxes payable | 5,389 | – | 1,035 | |||||||||||||
| Short term operating lease liabilities | 13,504 | 7,405 | 8,091 | |||||||||||||
| Total current liabilities | 181,007 | 253,929 | 149,420 | |||||||||||||
| Long term operating lease liabilities | 43,113 | 14,536 | 48,433 | |||||||||||||
| Accrued expenses – long term | 3,503 | 1,824 | 2,563 | |||||||||||||
| Income taxes payable | 1,732 | 3,523 | 3,620 | |||||||||||||
| Total liabilities | 229,355 | 273,812 | 204,036 | |||||||||||||
| Stockholders’ equity: | ||||||||||||||||
| Common stock, $.001 par value | 11 | 11 | 11 | |||||||||||||
| Additional paid-in capital | 301,098 | 295,400 | 297,198 | |||||||||||||
| Accumulated deficit | (32,875 | ) | (30,579 | ) | (39,692 | ) | ||||||||||
| Accumulated other comprehensive loss | (12,319 | ) | (15,266 | ) | (17,184 | ) | ||||||||||
| Total JAKKS Pacific, Inc. stockholders’ equity | 255,915 | 249,566 | 240,333 | |||||||||||||
| Non-controlling interests | – | 500 | 500 | |||||||||||||
| Total stockholders’ equity | 255,915 | 250,066 | 240,833 | |||||||||||||
| Total liabilities and stockholders’ equity | $ | 485,270 | $ | 523,878 | $ | 444,869 | ||||||||||
| Supplemental Balance Sheet and Cash Flow Data (Unaudited) | ||||||||||||||||
| September 30, | ||||||||||||||||
| Key Balance Sheet Data: | 2025 | 2024 | ||||||||||||||
| Accounts receivable days sales outstanding (DSO) | 85 | 83 | ||||||||||||||
| Inventory turnover (DSI) | 46 | 27 | ||||||||||||||
| Nine Months Ended September 30, |
||||||||||||||||
| Condensed Cash Flow Data: | 2025 | 2024 | ||||||||||||||
| Cash flows used in operating activities | $ | (24,753 | ) | $ | (15,181 | ) | ||||||||||
| Cash flows used in investing activities | (9,670 | ) | (8,989 | ) | ||||||||||||
| Cash flows used in financing activities and other | (7,958 | ) | (26,100 | ) | ||||||||||||
| Decrease in cash, cash equivalents and restricted cash | $ | (42,381 | ) | $ | (50,270 | ) | ||||||||||
| Capital expenditures | $ | (7,850 | ) | $ | (7,344 | ) | ||||||||||
| JAKKS Pacific, Inc. and Subsidiaries | |||||||||||||||||||||||||||
| Condensed Consolidated Statements of Operations (Unaudited) | |||||||||||||||||||||||||||
| Three Months Ended September 30, |
Nine Months Ended September 30, |
||||||||||||||||||||||||||
| 2025 | 2024 | Δ (%) | 2025 | 2024 | Δ (%) | ||||||||||||||||||||||
| (In thousands, except per share data) | (In thousands, except per share data) | ||||||||||||||||||||||||||
| Net sales | $ | 211,210 | $ | 321,606 | (34 | ) | % | $ | 443,557 | $ | 560,301 | (21 | ) | % | |||||||||||||
| Less: Cost of sales | |||||||||||||||||||||||||||
| Cost of goods | 104,846 | 158,770 | (34 | ) | 218,256 | 289,190 | (25 | ) | |||||||||||||||||||
| Royalty expense | 34,099 | 50,011 | (32 | ) | 71,776 | 86,181 | (17 | ) | |||||||||||||||||||
| Amortization of tools and molds | 4,622 | 3,994 | 16 | 7,846 | 7,462 | 5 | |||||||||||||||||||||
| Cost of sales | 143,567 | 212,775 | (33 | ) | 297,878 | 382,833 | (22 | ) | |||||||||||||||||||
| Gross profit | 67,643 | 108,831 | (38 | ) | 145,679 | 177,468 | (18 | ) | |||||||||||||||||||
| Direct selling expenses | 5,933 | 7,552 | (21 | ) | 21,339 | 21,904 | (3 | ) | |||||||||||||||||||
| General and administrative expenses | 32,200 | 33,101 | (3 | ) | 101,135 | 100,887 | 0 | ||||||||||||||||||||
| Depreciation and amortization | 147 | 95 | 55 | 382 | 275 | 39 | |||||||||||||||||||||
| Selling, general and administrative expenses | 38,280 | 40,748 | (6 | ) | 122,856 | 123,066 | (0 | ) | |||||||||||||||||||
| Income from operations | 29,363 | 68,083 | (57 | ) | 22,823 | 54,402 | (58 | ) | |||||||||||||||||||
| Other income (expense): | |||||||||||||||||||||||||||
| Other income (expense), net | 388 | 84 | 362 | 418 | 294 | 42 | |||||||||||||||||||||
| Loss on debt extinguishment | (1 | ) | – | nm | (418 | ) | – | nm | |||||||||||||||||||
| Interest income | 75 | 69 | 9 | 832 | 533 | 56 | |||||||||||||||||||||
| Interest expense | (102 | ) | (539 | ) | (81 | ) | (402 | ) | (938 | ) | (57 | ) | |||||||||||||||
| Income before provision for income taxes | 29,723 | 67,697 | (56 | ) | 23,253 | 54,291 | (57 | ) | |||||||||||||||||||
| Provision for income taxes | 9,831 | 15,425 | (36 | ) | 8,062 | 10,978 | (27 | ) | |||||||||||||||||||
| Net income | 19,892 | 52,272 | (62 | ) | 15,191 | 43,313 | (65 | ) | |||||||||||||||||||
| Net income attributable to non-controlling interests | – | – | – | – | 280 | nm | |||||||||||||||||||||
| Net income attributable to JAKKS Pacific, Inc. | $ | 19,892 | $ | 52,272 | (62 | ) | % | $ | 15,191 | $ | 43,033 | (65 | ) | % | |||||||||||||
| Net income attributable to common stockholders | $ | 19,892 | $ | 52,272 | (62 | ) | % | $ | 15,191 | $ | 44,363 | (66 | ) | % | |||||||||||||
| Earnings per share – basic | $ | 1.78 | $ | 4.78 | $ | 1.36 | $ | 4.14 | |||||||||||||||||||
| Shares used in earnings per share – basic | 11,185 | 10,942 | 11,159 | 10,704 | |||||||||||||||||||||||
| Earnings per share – diluted | $ | 1.74 | $ | 4.64 | $ | 1.32 | $ | 3.99 | |||||||||||||||||||
| Shares used in earnings per share – diluted | 11,423 | 11,275 | 11,487 | 11,106 | |||||||||||||||||||||||
| Three Months Ended September 30, |
Nine Months Ended September 30, |
||||||||||||||||||||||||||
| 2025 | 2024 | Δ bps | 2025 | 2024 | Δ bps | ||||||||||||||||||||||
| Fav/(Unfav) | Fav/(Unfav) | ||||||||||||||||||||||||||
| Net sales | 100.0 | % | 100.0 | % | – | 100.0 | % | 100.0 | % | – | |||||||||||||||||
| Less: Cost of sales | |||||||||||||||||||||||||||
| Cost of goods | 49.6 | 49.4 | (20 | ) | 49.2 | 51.6 | 240 | ||||||||||||||||||||
| Royalty expense | 16.2 | 15.6 | (60 | ) | 16.2 | 15.4 | (80 | ) | |||||||||||||||||||
| Amortization of tools and molds | 2.2 | 1.2 | (100 | ) | 1.8 | 1.3 | (50 | ) | |||||||||||||||||||
| Cost of sales | 68.0 | 66.2 | (180 | ) | 67.2 | 68.3 | 110 | ||||||||||||||||||||
| Gross profit | 32.0 | 33.8 | (180 | ) | 32.8 | 31.7 | 110 | ||||||||||||||||||||
| Direct selling expenses | 2.8 | 2.3 | (50 | ) | 4.8 | 3.9 | (90 | ) | |||||||||||||||||||
| General and administrative expenses | 15.2 | 10.3 | (490 | ) | 22.8 | 18.1 | (470 | ) | |||||||||||||||||||
| Depreciation and amortization | 0.1 | – | (10.0 | ) | 0.1 | – | (10.0 | ) | |||||||||||||||||||
| Selling, general and administrative expenses | 18.1 | 12.6 | (550 | ) | 27.7 | 22.0 | (570 | ) | |||||||||||||||||||
| Income from operations | 13.9 | 21.2 | (730 | ) | 5.1 | 9.7 | (460 | ) | |||||||||||||||||||
| Other income (expense): | |||||||||||||||||||||||||||
| Other income (expense), net | 0.2 | – | 0.1 | 0.1 | |||||||||||||||||||||||
| Loss on debt extinguishment | – | – | (0.1 | ) | – | ||||||||||||||||||||||
| Interest income | – | – | 0.2 | 0.1 | |||||||||||||||||||||||
| Interest expense | – | (0.2 | ) | (0.1 | ) | (0.2 | ) | ||||||||||||||||||||
| Income before benefit from income taxes | 14.1 | 21.0 | 5.2 | 9.7 | |||||||||||||||||||||||
| Provision for income taxes | 4.7 | 4.7 | 1.8 | 2.0 | |||||||||||||||||||||||
| Net income | 9.4 | 16.3 | 3.4 | 7.7 | |||||||||||||||||||||||
| Net income attributable to non-controlling interests | – | – | – | – | |||||||||||||||||||||||
| Net income attributable to JAKKS Pacific, Inc. | 9.4 | % | 16.3 | % | 3.4 | % | 7.7 | % | |||||||||||||||||||
| Net income attributable to common stockholders | 9.4 | % | 16.3 | % | 3.4 | % | 7.9 | % | |||||||||||||||||||
| JAKKS Pacific, Inc. and Subsidiaries | ||||||||||||||||||||||||
| Reconciliation of Non-GAAP Financial Information (Unaudited) | ||||||||||||||||||||||||
| Three Months Ended September 30, |
Nine Months Ended September 30, |
|||||||||||||||||||||||
| 2025 | 2024 | Δ ($) | 2025 | 2024 | Δ ($) | |||||||||||||||||||
| (In thousands) | (In thousands) | |||||||||||||||||||||||
| EBITDA and Adjusted EBITDA | ||||||||||||||||||||||||
| Net income | $ | 19,892 | $ | 52,272 | $ | (32,380 | ) | $ | 15,191 | $ | 43,313 | $ | (28,122 | ) | ||||||||||
| Interest expense | 102 | 539 | (437 | ) | 402 | 938 | (536 | ) | ||||||||||||||||
| Interest income | (75 | ) | (69 | ) | (6 | ) | (832 | ) | (533 | ) | (299 | ) | ||||||||||||
| Provision for income taxes | 9,831 | 15,425 | (5,594 | ) | 8,062 | 10,978 | (2,916 | ) | ||||||||||||||||
| Depreciation and amortization | 4,769 | 4,089 | 680 | 8,228 | 7,737 | 491 | ||||||||||||||||||
| EBITDA | 34,519 | 72,256 | (37,737 | ) | 31,051 | 62,433 | (31,382 | ) | ||||||||||||||||
| Adjustments: | ||||||||||||||||||||||||
| Other (income) expense, net | (388 | ) | (84 | ) | (304 | ) | (418 | ) | (294 | ) | (124 | ) | ||||||||||||
| Restricted stock compensation expense | 2,392 | 2,186 | 206 | 8,132 | 7,280 | 852 | ||||||||||||||||||
| Loss on debt extinguishment | 1 | – | 1 | 418 | – | 418 | ||||||||||||||||||
| Adjusted EBITDA | $ | 36,524 | $ | 74,358 | $ | (37,834 | ) | $ | 39,183 | $ | 69,419 | $ | (30,236 | ) | ||||||||||
| Adjusted EBITDA/Net sales % | 17.3 | % | 23.1 | % | -580 bps | 8.8 | % | 12.4 | % | -360 bps | ||||||||||||||
| Trailing Twelve Months Ended September 30, |
||||||||||||||||||||||||
| 2025 | 2024 | Δ ($) | ||||||||||||||||||||||
| (In thousands) | ||||||||||||||||||||||||
| TTM EBITDA and TTM Adjusted EBITDA | ||||||||||||||||||||||||
| TTM net income | $ | 6,078 | $ | 32,441 | $ | (26,363 | ) | |||||||||||||||||
| Interest expense | 559 | 1,648 | (1,089 | ) | ||||||||||||||||||||
| Interest income | (1,140 | ) | (1,290 | ) | 150 | |||||||||||||||||||
| Provision for income taxes | 2,616 | 5,335 | (2,719 | ) | ||||||||||||||||||||
| Depreciation and amortization | 10,537 | 10,091 | 446 | |||||||||||||||||||||
| TTM EBITDA | 18,650 | 48,225 | (29,575 | ) | ||||||||||||||||||||
| Adjustments: | ||||||||||||||||||||||||
| Other (income) expense, net | (426 | ) | (433 | ) | 7 | |||||||||||||||||||
| Restricted stock compensation expense | 10,387 | 9,337 | 1,050 | |||||||||||||||||||||
| Change in fair value of preferred stock derivative liability | – | 1,361 | (1,361 | ) | ||||||||||||||||||||
| Loss on debt extinguishment | 418 | – | 418 | |||||||||||||||||||||
| TTM Adjusted EBITDA | $ | 29,029 | $ | 58,490 | $ | (29,461 | ) | |||||||||||||||||
| TTM Adjusted EBITDA/TTM Net sales % | 5.1 | % | 8.5 | % | -340 bps | |||||||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||||||||||
| 2025 | 2024 | Δ ($) | 2025 | 2024 | Δ ($) | |||||||||||||||||||
| (In thousands, except per share data) | (In thousands, except per share data) | |||||||||||||||||||||||
| Adjusted net income (loss) attributable to common stockholders | ||||||||||||||||||||||||
| Net income attributable to common stockholders | $ | 19,892 | $ | 52,272 | $ | (32,380 | ) | $ | 15,191 | $ | 44,363 | $ | (29,172 | ) | ||||||||||
| Restricted stock compensation expense | 2,392 | 2,186 | 206 | 8,132 | 7,280 | 852 | ||||||||||||||||||
| Loss on debt extinguishment | 1 | – | 1 | 418 | – | 418 | ||||||||||||||||||
| Tax impact of additional charges | (1,733 | ) | (494 | ) | (1,239 | ) | (3,153 | ) | (1,681 | ) | (1,472 | ) | ||||||||||||
| Adjusted net income attributable to common stockholders | $ | 20,552 | $ | 53,964 | $ | (33,412 | ) | $ | 20,588 | $ | 49,962 | $ | (29,374 | ) | ||||||||||
| Adjusted earnings per share – basic | $ | 1.84 | $ | 4.93 | $ | (3.09 | ) | $ | 1.84 | $ | 4.67 | $ | (2.83 | ) | ||||||||||
| Shares used in adjusted earnings per share – basic | 11,185 | 10,942 | 243 | 11,159 | 10,704 | 455 | ||||||||||||||||||
| Adjusted earnings per share – diluted | $ | 1.80 | $ | 4.79 | $ | (2.99 | ) | $ | 1.79 | $ | 4.50 | $ | (2.71 | ) | ||||||||||
| Shares used in adjusted earnings per share – diluted | 11,423 | 11,275 | 148 | 11,487 | 11,106 | 381 | ||||||||||||||||||
| JAKKS Pacific, Inc. and Subsidiaries | ||||||||||||||||||||||
| Net Sales by Division and Geographic Region | ||||||||||||||||||||||
| (In thousands) | QTD Q3 | (In thousands) | YTD Q3 | |||||||||||||||||||
| Divisions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
Divisions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
|||||||||||
| Toys/Consumer Products | $ | 156,080 | $ | 264,306 | $ | 246,004 | -40.9 | % | 7.4 | % | Toys/Consumer Products | $ | 343,897 | $ | 451,786 | $ | 461,831 | -23.9 | % | -2.2 | % | |
| Dolls, Role-Play/Dress-Up | 92,330 | 146,893 | 139,177 | -37.1 | % | 5.5 | % | Dolls, Role-Play/Dress-Up | 193,957 | 251,075 | 246,689 | -22.7 | % | 1.8 | % | |||||||
| Action Play & Collectibles | 52,950 | 98,750 | 93,717 | -46.4 | % | 5.4 | % | Action Play & Collectibles | 125,733 | 168,313 | 184,134 | -25.3 | % | -8.6 | % | |||||||
| Outdoor/Seasonal Toys | 10,800 | 18,663 | 13,110 | -42.1 | % | 42.4 | % | Outdoor/Seasonal Toys | 24,207 | 32,398 | 31,008 | -25.3 | % | 4.5 | % | |||||||
| Costumes | $ | 55,130 | $ | 57,300 | $ | 63,740 | -3.8 | % | -10.1 | % | Costumes | $ | 99,660 | $ | 108,515 | $ | 122,330 | -8.2 | % | -11.3 | % | |
| Total | $ | 211,210 | $ | 321,606 | $ | 309,744 | -34.3 | % | 3.8 | % | Total | $ | 443,557 | $ | 560,301 | $ | 584,161 | -20.8 | % | -4.1 | % | |
| (In thousands) | QTD Q3 | (In thousands) | YTD Q3 | |||||||||||||||||||
| Regions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
Regions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
|||||||||||
| United States | $ | 154,516 | $ | 255,278 | $ | 244,931 | -39.5 | % | 4.2 | % | United States | $ | 330,450 | $ | 451,545 | $ | 461,561 | -26.8 | % | -2.2 | % | |
| Europe | 29,408 | 30,034 | 31,676 | -2.1 | % | -5.2 | % | Europe | 55,875 | 46,033 | 58,476 | 21.4 | % | -21.3 | % | |||||||
| Latin America | 14,066 | 22,632 | 15,319 | -37.8 | % | 47.7 | % | Latin America | 27,572 | 33,867 | 27,590 | -18.6 | % | 22.8 | % | |||||||
| Canada | 9,237 | 7,068 | 11,453 | 30.7 | % | -38.3 | % | Canada | 21,342 | 16,726 | 22,306 | 27.6 | % | -25.0 | % | |||||||
| Asia | 1,526 | 2,345 | 3,192 | -34.9 | % | -26.5 | % | Asia | 3,725 | 4,578 | 6,403 | -18.6 | % | -28.5 | % | |||||||
| Australia & New Zealand | 2,095 | 3,339 | 2,692 | -37.3 | % | 24.0 | % | Australia & New Zealand | 3,594 | 6,292 | 6,056 | -42.9 | % | 3.9 | % | |||||||
| Middle East & Africa | 362 | 910 | 481 | -60.2 | % | 89.2 | % | Middle East & Africa | 999 | 1,260 | 1,769 | -20.7 | % | -28.8 | % | |||||||
| Total | $ | 211,210 | $ | 321,606 | $ | 309,744 | -34.3 | % | 3.8 | % | Total | $ | 443,557 | $ | 560,301 | $ | 584,161 | -20.8 | % | -4.1 | % | |
| (In thousands) | QTD Q3 | (In thousands) | YTD Q3 | |||||||||||||||||||
| Regions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
Regions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
|||||||||||
| North America | $ | 163,753 | $ | 262,346 | $ | 256,384 | -37.6 | % | 2.3 | % | North America | $ | 351,792 | $ | 468,271 | $ | 483,867 | -24.9 | % | -3.2 | % | |
| International | 47,457 | 59,260 | 53,360 | -19.9 | % | 11.1 | % | International | 91,765 | 92,030 | 100,294 | -0.3 | % | -8.2 | % | |||||||
| Total | $ | 211,210 | $ | 321,606 | $ | 309,744 | -34.3 | % | 3.8 | % | Total | $ | 443,557 | $ | 560,301 | $ | 584,161 | -20.8 | % | -4.1 | % | |
| (In thousands) | QTD Q3 | (In thousands) | YTD Q3 | |||||||||||||||||||
| Regions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
Regions | 2025 | 2024 | 2023 | % Change 2025 v 2024 |
% Change 2024 v 2023 |
|||||||||||
| United States | $ | 154,516 | $ | 255,278 | $ | 244,931 | -39.5 | % | 4.2 | % | United States | $ | 330,450 | $ | 451,545 | $ | 461,561 | -26.8 | % | -2.2 | % | |
| Rest of World | 56,694 | 66,328 | 64,813 | -14.5 | % | 2.3 | % | Rest of World | 113,107 | 108,756 | 122,600 | 4.0 | % | -11.3 | % | |||||||
| Total | $ | 211,210 | $ | 321,606 | $ | 309,744 | -34.3 | % | 3.8 | % | Total | $ | 443,557 | $ | 560,301 | $ | 584,161 | -20.8 | % | -4.1 | % | |
