Funko, Inc.
NASDAQ•FNKO
CEO: Mr. Tracy D. Daw J.D.
Sector: Consumer Cyclical
Industry: Leisure
Listing Date: 2017-11-02
Funko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles. It markets its products under the Pop!, Loungefly, Funko, Mystery Minis, Bitty Pop!, Funko action figures, Funko Plush, and Funko Soda brand names; and licenses its properties under the classic evergreen, movie release, current TV, and current video game categories. The company sells its products through specialty retailers, mass-market retailers, e-commerce sites, and distributors; and at specialty licensing and comic book shows, conventions, and exhibitions, as well as through its e-commerce business. Funko, Inc. was incorporated in 2017 and is headquartered in Everett, Washington.
Contact Information
Market Cap
$176.73M
P/E (TTM)
-2.6
7
Dividend Yield
--
52W High
$14.65
52W Low
$2.22
52W Range
Rank47Top 48.2%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$250.91M-14.30%
4-Quarter Trend
EPS
$0.02-75.73%
4-Quarter Trend
FCF
$3.38M-180.78%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Quarterly Sales Decline Net sales for three months ended September 30, 2025 totaled $250.9M, reflecting a 14.3% decrease versus prior year period.
Net Income Significantly Drops Net income attributable to Funko, Inc. was $0.9M for the quarter, a sharp 79.2% decline compared to $4.3M last year.
Nine Month Net Loss Widens Nine months ended September 30, 2025 resulted in a net loss of $(67.2M), significantly worse than the $(13.2M) loss reported previously.
Cash Position Improves Cash and cash equivalents ended the nine-month period at $39.2M, showing a net increase of $4.5M from December 31, 2024.
Risk Factors
Going Concern Substantial Doubt Substantial doubt exists regarding ability to continue as going concern due to Credit Agreement covenant pressure and refinancing needs.
Debt Maturity/Refinancing Risk Credit Agreement matures September 2026; company forecasts insufficient cash reserves to repay loans, requiring near-term refinancing efforts.
Retail Environment Pressures Global economic uncertainty, tariffs, and retailer inventory management slowed net sales across all distribution channels during the period.
Gross Margin Erosion Nine-month gross margin fell to 37.7% from 41.0% due to increased shipping, freight, duty costs, and inventory reserve impacts.
Outlook
Liquidity Mitigation Plan Management plan focuses on monitoring pricing, shifting manufacturing away from China, and decreasing activity levels to control capital costs.
Strategic Alternatives Review Board initiated formal review of strategic alternatives, including potential sale, to maximize stockholder value and meet covenant requirements.
Raising Additional Capital Expects need to raise additional cash via equity or debt issuance, or amend existing debt arrangements, in the near term.
Internal Control Remediation Ongoing remediation efforts target material weaknesses in income tax and order-to-cash processes; completion expected throughout fiscal 2025.
Peer Comparison
Revenue (TTM)
DBI$2.89B
PLCE$1.34B
FOSL$1.07B
Gross Margin (Latest Quarter)
76.0%
54.8%
FOSL49.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DBI | $412.72M | 187.4 | 0.8% | 61.9% |
| FOSL | $207.73M | -3.0 | -48.8% | 139.5% |
| PLBY | $183.93M | -7.0 | -2463.4% | 8.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-5.1%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Next earnings:May 6, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 6, 2025|Revenue: $250.91M-14.3%|EPS: $0.02-75.7%BeatForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $193.47M-21.9%|EPS: $-0.74-853.6%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $190.74M-11.6%|EPS: $-0.52+15.6%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 13, 2025|Revenue: $1.05B-4.2%|EPS: $-0.28+91.2%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $292.77M-6.4%|EPS: $0.08-126.6%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $247.66M+3.2%|EPS: $0.10-106.4%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $215.70M-14.4%|EPS: $-0.45-65.1%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 7, 2024|Revenue: $1.10B-17.1%|EPS: $-3.19-1672.2%Miss