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Spin Master reports Q3 profit and revenue down from year ago

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Ronnen Harary, co-founder of Spin Master, joins BNN Bloomberg to share his formula for success and why you should bet on yourself.

TORONTO — Spin Master Corp. reported a third-quarter profit of US$79.0 million, down from US$106.8 million in the same quarter last year.

The toymaker, which keeps its books in U.S. dollars, says the profit amounted to 77 cents US per diluted share for the quarter ended Sept. 30, down from US$1.03 per diluted share a year earlier.

On an adjusted basis, Spin Master says it earned US$1.03 per diluted share in its latest quarter, down from US$1.11 per diluted share in the same quarter last year.

Revenue for the quarter totalled US$732.7 million, down from US$734.7 million a year ago.

The company also announced it has named Kate Rouch to its board of directors.

Rouch is a former OpenAI executive where she was its first chief marketing officer and has also held leadership positions at Meta and Coinbase.

This report by The Canadian Press was first published Oct. 29, 2026.