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Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Weighted Average Assumptions Used to Determine Fair Value of Awards Granted

The following weighted-average valuation assumptions were used in determining the fair value of options granted:

						2023
Expected life (in years)						6.6
Risk-free interest rate						3.5		%
Volatility factor						44.4		%
Dividend yield						—		%

The following weighted-average valuation assumptions were used in determining the fair value of the market-related components of performance awards granted:

			2025						2024						2023
Risk-free interest rate			4.0		%				4.3		%				3.8		%
Volatility factor			35.1		%				36.0		%				35.6		%
Dividend yield			—		%				—		%				—		%

Schedule of Stock Option Information and Weighted Average Exercise Prices

The following is a summary of stock option information and weighted-average exercise prices for Mattel's stock options:

			2025												2024												2023
			Shares						Weighted Average Exercise Price						Shares						Weighted Average Exercise Price						Shares						Weighted Average Exercise Price
			(In thousands, except weighted-average exercise prices)
Outstanding at January 1			10,566						$	19.69					11,742						$	20.30					17,563						$	21.73
Granted			—						—						—						—						579						18.00
Exercised			(723)						13.55						(456)						13.92						(1,751)						15.27
Forfeited			(18)						18.00						(48)						21.99						(146)						18.59
Canceled			(1,803)						23.85						(672)						34.12						(4,503)						27.57
Outstanding at December 31			8,022						$	19.31					10,566						$	19.69					11,742						$	20.30
Exercisable at December 31			7,875						$	19.34					10,045						$	19.68					10,544						$	20.25

Schedule of RSU Information and Weighted Average Grant Date Fair Values

The following is a summary of RSU information and weighted-average grant-date fair values for Mattel's RSUs:

			2025												2024												2023
			Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value
			(In thousands, except weighted-average grant-date fair values)
Unvested at January 1			5,893						$	18.94					5,174						$	20.04					4,503						$	21.00
Granted			3,863						17.57						3,859						18.50						3,479						18.24
Vested			(2,868)						19.46						(2,388)						20.52						(2,186)						19.18
Forfeited			(517)						18.17						(752)						19.22						(622)						19.91
Unvested at December 31			6,371						$	17.94					5,893						$	18.94					5,174						$	20.04

Schedule of Performance Award Information and Weighted Average Grant Date Fair Values

The following is a summary of performance award information and weighted-average grant-date fair values for Mattel's performance awards:

			2025												2024												2023
			Shares						Weighted- Average Grant-Date Fair Value						Shares						Weighted- Average Grant-Date Fair Value						Shares						Weighted- Average Grant-Date Fair Value
			(In thousands, except weighted-average grant-date fair values)
Unvested at January 1			3,252						$	22.55					2,440						$	23.01					2,894						$	18.77
Granted (a)(b)			473						25.11						1,776						21.98						1,954						16.42
Vested			(271)						28.39						(765)						22.91						(2,189)						11.93
Forfeited			(275)						21.65						(199)						21.73						(219)						18.96
Unvested at December 31			3,179						$	22.51					3,252						$	22.55					2,440						$	23.01

(a)During 2025, Mattel granted 0.8 million shares as part of the 2025 LTIP. This amount was offset by a reduction of 0.3 million shares related to the 2022 LTIP based on the final earnout of the 2022 performance cycle, which are included in the weighted-average grant-date fair value. During 2024, Mattel granted 0.8 million shares as part of the Retention Performance Grant and 1.0 million shares as part of the 2024 LTIP, and issued less than 0.1 million incremental shares under the 2021 LTIP based on the final earnout of the 2021 performance cycle, which are included in the weighted-average grant-date fair value. During 2023, Mattel granted 1.2 million shares as part of the 2023 LTIP and issued 0.8 million incremental shares under the 2020 LTIP based on the final earnout of the 2020 performance cycle, which are included in the weighted-average grant-date fair value.

(b)The number of shares granted for the Retention Performance Grant, the 2025 LTIP, the 2024 LTIP, and the 2023 LTIP, represents the aggregate target numbers of shares that may be issued pursuant to the award over its full term. The aggregate number of shares subject to performance awards that would be issued if performance goals are achieved at the maximum number of shares are approximately 2 million, 4 million, and 2 million for 2025, 2024, and 2023, respectively.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares.

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