Property, Plant, and Equipment, Net

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment, Net

Property, Plant, and Equipment, Net

Property, plant, and equipment, net included the following:

	December 31, 2025		December 31, 2024
	(In thousands)
Land	$	48,729	$	42,584
Buildings	372,966		350,920
Machinery and equipment	615,125		605,311
Software	229,408		234,699
Tools, dies, and molds	471,651		476,551
Leasehold improvements	109,261		107,139
Construction in progress	93,337		62,130
	1,940,477		1,879,334
Less: accumulated depreciation	(1,350,462)		(1,363,285)
	$	590,015	$	516,049

Purchases of property, plant, and equipment within Mattel's consolidated statement of cash flows were adjusted for unpaid balances of $50.2 million, $18.7 million, and $20.5 million as of December 31, 2025, 2024, and 2023, respectively.