Funko (NASDAQ:FNKO – Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.23, FiscalAI reports. Funko had a negative net margin of 6.30% and a negative return on equity of 20.61%. The firm had revenue of $200.92 million during the quarter, compared to analysts’ expectations of $188.60 million.
Here are the key takeaways from Funko’s conference call:
- Funko reported a strong Q1 — sales were up 5% overall and core collectibles rose 17%, with a record gross margin of 44% driving adjusted EBITDA of $11 million.
- Management issued Q2 guidance of sales up low- to mid-single digits and adjusted EBITDA of $5–10 million, and reiterated full-year guidance of sales flat to +3% and adjusted EBITDA of $70–80 million while noting lower current tariff rates and monitoring oil-price risk.
- Product and commerce momentum accelerated with new initiatives — Bitty POP! expansion, Pop! Yourself experiential activations (WrestleMania, Inter Miami stadium exclusives), faster creator drops, and premium Loungefly SKUs that sold out quickly.
- Loungefly is undergoing a strategic reset, cutting SKUs by about 50%; management expects sales to decline this year as planned to improve SKU productivity and profitability.
- Funko has paid roughly $20M in IEPA tariffs and is pursuing refunds and potential monetization of claims, which could provide meaningful upside if realized, though timing is uncertain.
Funko Trading Up 17.9%
FNKO traded up $0.80 on Friday, reaching $5.26. 4,323,417 shares of the company traded hands, compared to its average volume of 529,401. Funko has a one year low of $2.22 and a one year high of $6.09. The firm has a fifty day simple moving average of $4.02 and a two-hundred day simple moving average of $3.67. The company has a market cap of $292.14 million, a P/E ratio of -5.01 and a beta of 0.82. The company has a quick ratio of 0.85, a current ratio of 1.19 and a debt-to-equity ratio of 1.09.
Wall Street Analyst Weigh In
View Our Latest Report on Funko
Insiders Place Their Bets
In related news, insider Tracy D. Daw sold 12,793 shares of Funko stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $3.65, for a total transaction of $46,694.45. Following the completion of the sale, the insider owned 47,016 shares in the company, valued at $171,608.40. This trade represents a 21.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last three months, insiders have sold 44,210 shares of company stock worth $173,146. Company insiders own 3.27% of the company’s stock.
Institutional Investors Weigh In On Funko
Several large investors have recently modified their holdings of the business. Invesco Ltd. raised its holdings in shares of Funko by 1.9% in the 4th quarter. Invesco Ltd. now owns 143,809 shares of the company’s stock valued at $489,000 after purchasing an additional 2,717 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Funko by 2.5% in the 4th quarter. Russell Investments Group Ltd. now owns 119,879 shares of the company’s stock valued at $408,000 after purchasing an additional 2,930 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Funko by 8.1% in the 2nd quarter. Rhumbline Advisers now owns 49,431 shares of the company’s stock valued at $235,000 after purchasing an additional 3,697 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Funko by 14.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 51,276 shares of the company’s stock valued at $175,000 after purchasing an additional 6,500 shares in the last quarter. Finally, Caption Management LLC raised its holdings in shares of Funko by 8.8% in the 2nd quarter. Caption Management LLC now owns 82,500 shares of the company’s stock valued at $393,000 after purchasing an additional 6,676 shares in the last quarter. Institutional investors own 99.15% of the company’s stock.
Trending Headlines about Funko
Here are the key news stories impacting Funko this week:
- Positive Sentiment: Funko beat Q1 expectations on both revenue and earnings, reporting $200.9 million in sales and an adjusted loss of $0.11 per share versus a much larger expected loss, suggesting improving operating execution. Funko Reports Strong First Quarter 2026 Financial Results; Reiterates 2026 Full-Year Outlook
- Positive Sentiment: The company posted a record gross margin of 44.2%, showing better profitability and cost control even as it grows sales. Funko posts record margin, guides Q2 EBITDA at $5M-$10M
- Positive Sentiment: Management projected second-quarter adjusted EBITDA of $5 million to $10 million and reiterated full-year 2026 EBITDA guidance of $70 million to $80 million, which signals confidence in the recovery. Funko projects Q2 adjusted EBITDA of $5M-$10M while reiterating 2026 $70M-$80M outlook
- Positive Sentiment: Funko also maintained its full-year revenue outlook of $908.2 million to $935.5 million, indicating the Q1 beat was not a one-off and that demand remains stable. Funko Reports Strong First Quarter 2026 Financial Results; Reiterates 2026 Full-Year Outlook
Funko Company Profile
Funko, Inc is a pop culture consumer products company best known for its stylized vinyl figures, apparel, accessories and other licensed collectible goods. The company’s signature product line, Funko Pop!, features bobblehead-style figurines that showcase characters from a wide array of entertainment franchises, including film, television, gaming, sports and music. In addition to vinyl figurines, Funko’s portfolio encompasses plush toys, action figures, stationery, home goods and novelty items, all leveraging licensing agreements with major global brands.
Founded in 1998 by Mike Becker in Washington state, Funko initially focused on creating nostalgic bobbleheads before expanding its product offerings under current leadership.
See Also
- Five stocks we like better than Funko
- Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming Due
- Excited About Gold But Unsure of Its Trajectory? Try These 3 Approaches
- Dollar at a 3-Year Low: 3 Exporters Quietly Printing Money
- Water Infrastructure: Why This Boring Sector Could Get Exciting
Receive News & Ratings for Funko Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Funko and related companies with MarketBeat.com's FREE daily email newsletter.
