Funko, Inc. FNKO
Funko is a leading pop culture consumer products company. Our business is built on the belief that everyone is a fan of something. We create whimsical, fun and unique products that enable fans to express who they are, which allows them to find their community and generate a sense of belonging and joy. We achieve this through products people display, wear or carry of their favorite "something"—whether it is a movie, TV show, video game, musician or sports team. We infuse our distinct designs and aesthetic sensibility into our extensive portfolio of licensed content over a wide variety of product categories, including figures, bags, wallets, apparel, plush, accessories, homewares, vinyl records and limited-edition posters, which we make available at highly accessible price points under our Funko, Loungefly and Mondo brands. We are building out our sports, music, video game and content creator fandoms and diversifying our offering with personalized products, such as Pop! Yourself, micro collectibles and blind boxes containing mystery figures. We believe we sit at the nexus of pop culture and the growing "kidult" segment of the market—content providers value us for our ability to connect fans to their properties with our creative products and broad distribution; retailers value us for our broad portfolio of licensed pop culture products that we can curate to resonate with their consumers; and consumers value us for our distinct, stylized products and the content they represent. We believe our innovative product design and market positioning have disrupted the licensed product markets and helped to define today's pop culture products category.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe
- Other International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $546.3M | $682.0M | $755.6M |
| Europe | $288.3M | $283.8M | $268.5M |
| Other International | $73.5M | $84.1M | $72.0M |
As the company reported it, from the “Segments - Schedule of Net Sales and Long-Lived Assets (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $908.2M | $1.05B | $1.10B | $1.32B | $1.03B | $652.5M | $795.1M | $686.1M | $516.1M | $426.7M |
| Cost of revenue | — | — | $763.1M | $888.7M | $648.3M | $403.4M | $512.6M | $430.7M | $317.3M | $280.4M |
| Gross profit | — | — | $333.0M | $434.0M | $381.0M | $249.1M | $282.5M | $255.3M | $198.8M | $146.3M |
| SG&A | $337.7M | $359.0M | $377.1M | $398.3M | $244.3M | $181.2M | $193.8M | $155.3M | $120.9M | $77.5M |
| Total operating expenses | $953.8M | $1.04B | $1.20B | $1.33B | $933.8M | $629.0M | $748.5M | $625.2M | $473.8M | $382.6M |
| Operating income | -$45.5M | $13.0M | -$103.8M | -$11.9M | $95.5M | $23.5M | $46.6M | $60.9M | $42.3M | $44.1M |
| Pre-tax income | -$63.9M | -$10.5M | -$31.9M | -$23.0M | $84.9M | $11.8M | $32.3M | $30.5M | $7.3M | $26.9M |
| Income tax | $4.4M | $4.6M | $132.5M | $17.8M | $17.1M | $2.0M | $4.5M | $5.4M | $1.3M | — |
| Net income | -$68.3M | -$15.1M | -$164.4M | -$5.2M | $67.9M | $4.0M | $11.7M | $7.5M | $3.9M | $26.9M |
| EPS, basic | -1.24 | -0.28 | -3.19 | -0.18 | 1.14 | 0.11 | 0.38 | 0.31 | 0.04 | — |
| EPS, diluted | -1.24 | -0.28 | -3.19 | -0.18 | 1.08 | 0.11 | 0.36 | 0.29 | 0.04 | — |
| Shares, diluted (wtd. avg.) | 54.4M | 52.0M | 48.3M | 44.6M | 40.6M | 35.8M | 32.9M | 25.6M | 50.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $42.1M | $34.7M | $36.5M | $19.2M | $83.6M | $52.3M | $25.2M | $13.5M | $7.7M | $6.2M |
| Receivables | $117.0M | $119.9M | $130.8M | $167.9M | $187.7M | $131.8M | $151.6M | $148.6M | $115.5M | $83.6M |
| Inventory | $83.1M | $92.6M | $119.5M | $246.4M | $166.4M | $59.8M | $62.1M | $86.6M | $79.1M | $43.6M |
| Total current assets | $290.4M | $287.1M | $336.8M | $473.2M | $452.6M | $259.4M | $259.2M | $260.6M | $224.0M | $152.4M |
| Property, plant and equipment | $68.7M | $78.4M | $91.3M | $102.2M | $58.8M | $56.1M | $65.7M | $44.3M | $40.4M | $25.5M |
| Goodwill | $133.9M | $133.7M | $133.8M | $131.4M | $126.7M | $125.1M | $124.8M | $116.1M | $114.2M | $97.5M |
| Other intangibles | $135.8M | $151.5M | $167.4M | $181.3M | $189.6M | $205.5M | $221.5M | $233.6M | $250.6M | $243.8M |
| Total assets | $685.2M | $707.3M | $798.6M | $1.09B | $967.5M | $763.6M | $796.5M | $666.3M | $630.3M | $522.2M |
| Accounts payable | $64.7M | $63.1M | $52.9M | $67.7M | $57.2M | $29.2M | $42.5M | $36.1M | $53.4M | $23.7M |
| Short-term debt | $23.1M | $82.5M | $22.1M | $22.0M | $17.4M | $10.8M | $13.7M | $10.6M | $7.9M | $7.1M |
| Total current liabilities | $243.9M | $305.8M | $352.8M | $361.4M | $285.0M | $138.7M | $157.6M | $143.2M | $129.9M | $97.5M |
| Long-term debt | $202.2M | $100.3M | $131.0M | $153.8M | $155.8M | $180.0M | $202.8M | $216.7M | $215.2M | $203.9M |
| Retained earnings | -$176.1M | -$108.8M | -$94.1M | $60.0M | $68.0M | $24.4M | $20.4M | $8.7M | $1.0M | -$60.0M |
| Total equity | $185.8M | $233.0M | $238.0M | $389.7M | $396.6M | $322.4M | $305.1M | $293.3M | $281.3M | $217.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5.1M | $123.5M | $30.9M | -$40.1M | $87.4M | $108.7M | $90.8M | $50.0M | $23.8M | $49.5M |
| Depreciation and amortisation | $59.1M | $62.6M | $57.4M | $47.9M | $40.1M | $28.3M | $26.2M | $24.1M | $17.6M | $10.6M |
| Stock-based compensation | $11.5M | $13.6M | $10.5M | $16.6M | $13.0M | $10.1M | $13.0M | $9.1M | $5.6M | $2.4M |
| Capital expenditure | $33.0M | $32.8M | $35.1M | $59.1M | $27.8M | $18.5M | $42.3M | $26.9M | $33.6M | $21.2M |
| Investing cash flow | -$31.9M | -$25.2M | -$39.8M | -$78.1M | -$27.4M | -$18.5M | -$48.6M | -$27.5M | -$65.2M | -$22.1M |
| Financing cash flow | $42.0M | -$99.2M | $25.6M | $54.6M | -$28.6M | -$63.3M | -$28.3M | -$15.0M | $43.0M | -$45.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001704711-26-000026.
Plot the figures US dollars
- Receivables
- Goodwill
- Total current liabilities
- Buybacks
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Receivables | $83.6M | $115.5M | $148.6M | $151.6M | $131.8M | $187.7M | $167.9M | $130.8M | $119.9M | $117.0M |
| Goodwill | $97.5M | $114.2M | $116.1M | $124.8M | $125.1M | $126.7M | $131.4M | $133.8M | $133.7M | $133.9M |
| Total current liabilities | $97.5M | $129.9M | $143.2M | $157.6M | $138.7M | $285.0M | $361.4M | $352.8M | $305.8M | $243.9M |
| Buybacks | — | — | — | — | — | — | — | — | — | — |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Item 5.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3944
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| HAS | HASBRO, INC. | $13.05B | — | 13.7% |
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