Funko, Inc. (FNKO)
Funko, Inc. specializes in designing, sourcing, and marketing licensed consumer products rooted in popular culture, reaching customers throughout the United States, Europe, and other international markets. Their extensive product catalog comprises collectible figures (including vinyl, miniature blind-box, and action figures), fashion accessories like bags, backpacks, and wallets, and apparel such as t-shirts and hats. The offerings also span board games, plush items, small accessories like keychains, pens, and pins, and various home goods including drinkware. Furthermore, they delve into digital collectibles, such as non-fungible tokens (NFTs). These diverse items are sold under numerous well-known brand names, including Funko, Pop!, Loungefly, Mystery Minis, Paka Paka, Vinyl Gold, Funko Soda, Funko Games, Funko action figures, Funko Plush, Funko Gold, and Popsies. Funko secures licenses for intellectual properties spanning classic evergreen franchises, new film releases, contemporary television series, and current video games. Their products reach consumers via diverse channels, including specialty and mass-market retailers, online e-commerce platforms, and wholesale distributors. Direct-to-consumer sales occur through their own e-commerce website and at major pop culture events, such as specialized licensing shows, comic book conventions, and exhibitions. Established in 2017, Funko, Inc. maintains its corporate headquarters in Everett, Washington.
Sector: Games, Toys & Children's Vehicles (No Dolls & Bicycles)
Industry: Leisure
Funko, Inc.
NASDAQ:FNKOConsumer Cyclical · Leisure
-2.91%$6.83
AH Close$6.80-0.44%vs close
AH Close$6.80-0.44%vs close
Mkt Cap$382.45M
Float35.01M
O/S56M
Inst Own83.8%
SI21.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$908.21M
Net Income-$67.36M
Total Assets$685.23M
Free Cash Flow-$38.09M
Debt & Equity
Debt 61%
Equity 39%
Total Debt$292.77M
Total Equity$185.81M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FNKO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$685.23M
Liabilities$499.42M
Accounts Receivable$117.02M
Accounts Payable$64.75M
Inventory$83.14M
PP&E (Net)$115.61M
Goodwill$133.9M
Intangible Assets$135.83M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $908.21M | $1.05B | $1.1B | $1.32B | $1.03B | $652.54M | $795.12M | $686.07M | $516.08M | $426.72M | $274.06M |
| YoY Growth | -13.5% | -4.2% | -17.1% | 28.5% | 57.7% | -17.9% | 15.9% | 32.9% | 20.9% | 55.7% | - |
| Cost of Revenue | $556.94M | $615.32M | $732.78M | $888.68M | $648.3M | $403.39M | $512.58M | $430.75M | $317.38M | $280.4M | $167.42M |
| Gross Profit | $351.27M | $434.53M | $363.3M | $434.02M | $380.99M | $249.15M | $282.54M | $255.33M | $198.71M | $146.32M | $106.64M |
| Gross Margin | 38.7% | 41.4% | 33.1% | 32.8% | 37.0% | 38.2% | 35.5% | 37.2% | 38.5% | 34.3% | 38.9% |
| Research and Development | $0 | $0 | $8M | $10.2M | $0 | $5.1M | $5.2M | $4.7M | $4.7M | $2.3M | $1.1M |
| Selling, General, and Administrative | $337.71M | $356.87M | $370.58M | $398.27M | $244.33M | $181.23M | $193.8M | $155.32M | $118.96M | $77.53M | $49.23M |
| Other | $59.1M | $64.68M | $88.55M | $37.47M | $41.2M | $39.27M | $36.93M | -$4.08M | $734K | $23.51M | $0 |
| Total Operating Expenses | $396.81M | $421.54M | $467.13M | $445.94M | $285.53M | $225.6M | $235.93M | $194.44M | $150.93M | $101.03M | $89.68M |
| Operating Income (EBIT) | -$45.54M | $12.99M | -$103.83M | -$11.92M | $95.47M | $23.54M | $46.61M | $60.86M | $44.13M | $44.15M | $48.32M |
| Operating Margin | -5.0% | 1.2% | -9.5% | -0.9% | 9.3% | 3.6% | 5.9% | 8.9% | 8.6% | 10.3% | 17.6% |
| Interest Expense | $19.18M | $20.57M | $27.97M | $10.33M | $7.17M | $10.71M | $14.34M | $21.74M | $30.64M | $17.27M | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.02M |
| Other Income (Expense) | -$18.4M | -$23.5M | $71.89M | -$11.12M | -$10.55M | -$11.76M | -$14.32M | -$30.37M | -$35.01M | -$17.27M | -$5.02M |
| Income Before Tax (EBT) | -$63.94M | -$10.51M | -$31.94M | -$23.04M | $84.92M | $11.79M | $32.3M | $30.49M | $9.13M | $26.88M | $11.94M |
| Income Tax Expense | $4.36M | $4.56M | $132.5M | -$17.8M | $17.06M | $2.02M | $4.48M | $5.43M | $1.8M | $0 | $0 |
| Net Income | -$67.36M | -$14.72M | -$154.08M | -$8.04M | $43.9M | $3.96M | $11.72M | $7.46M | $4.42M | $26.88M | $11.94M |
| Net Income Margin | -7.4% | -1.4% | -14.1% | -0.6% | 4.3% | 0.6% | 1.5% | 1.1% | 0.9% | 6.3% | 4.4% |
| Supplementary Data | |||||||||||
| EPS | -1.24 | -0.28 | -3.19 | -0.18 | 1.14 | 0.11 | 0.90 | 0.29 | 0.07 | 1.15 | 0.51 |
| Diluted EPS | -1.24 | -0.28 | -3.19 | -0.18 | 1.08 | 0.11 | 0.84 | 0.29 | 0.07 | 1.15 | 0.51 |
| Weighted Average OS | 54.39M | 52.04M | 48.33M | 44.55M | 38.39M | 35.27M | 30.90M | 25.56M | 23.34M | 23.34M | 23.34M |
| EBITDA | $14.34M | $72.65M | -$9.65M | $35.21M | $132.14M | $70.28M | $91.13M | $99.98M | $81.06M | $67.66M | $57.41M |
| EBITDA Margin | 1.6% | 6.9% | -0.9% | 2.7% | 12.8% | 10.8% | 11.5% | 14.6% | 15.7% | 15.9% | 20.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $42.15M | $34.66M | $36.45M | $19.2M | $83.56M | $52.26M | $25.23M | $13.49M | $7.73M | $6.16M | $24.41M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $42.15M | $34.66M | $36.45M | $19.2M | $83.56M | $52.26M | $25.23M | $13.49M | $7.73M | $6.16M | $24.41M |
| Accounts Receivable | $117.02M | $119.88M | $130.83M | $167.9M | $187.69M | $131.84M | $151.56M | $148.63M | $115.48M | $83.61M | $47.94M |
| Inventory | $83.14M | $92.58M | $119.46M | $246.43M | $166.43M | $59.77M | $62.12M | $86.62M | $84.34M | $43.62M | $49.63M |
| Other Current Assets | $48.09M | $31.99M | $28.63M | $24.16M | $9.07M | $7.85M | $6.43M | $4.3M | $4.42M | $10.47M | $0 |
| Total Current Assets | $290.4M | $287.06M | $342.88M | $473.17M | $452.6M | $259.35M | $259.2M | $260.64M | $236.63M | $152.42M | $134.35M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $115.61M | $131.2M | $152.83M | $173.3M | $112.29M | $114.22M | $128.61M | $44.3M | $40.44M | $25.47M | $15.32M |
| Goodwill | $133.9M | $133.65M | $133.79M | $131.38M | $126.65M | $125.06M | $124.83M | $116.08M | $110.9M | $97.45M | $97.45M |
| Intangible Assets | $135.83M | $151.55M | $167.39M | $181.28M | $189.62M | $205.54M | $221.49M | $233.65M | $250.65M | $243.8M | $256.74M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $123.89M | $74.41M | $54.68M | $57.55M | $7.41M | $51K | $0 | $0 |
| Other Long-Term Assets | $9.51M | $3.79M | $7.75M | $8.11M | $11.93M | $4.74M | $4.78M | $4.28M | $4.26M | $3.09M | $1.46M |
| Total Long-Term Assets | $394.84M | $420.19M | $461.77M | $617.97M | $514.9M | $504.24M | $537.27M | $405.7M | $406.3M | $369.81M | $370.98M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $685.23M | $707.25M | $804.64M | $1.09B | $967.5M | $763.59M | $796.47M | $666.34M | $642.93M | $522.24M | $505.33M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $64.75M | $63.13M | $52.92M | $67.65M | $57.24M | $29.2M | $42.53M | $36.13M | $53.43M | $23.65M | $9.49M |
| Short-Term Debt | $23.06M | $82.51M | $142.57M | $92.04M | $17.39M | $10.76M | $39.51M | $30.59M | $18.73M | $13.86M | $5.63M |
| Current Income Tax Payable | $0 | $1.81M | $986K | $871K | $15.99M | $425K | $1.32M | $5.17M | $2.39M | $0 | $0 |
| Current Unearned Revenue | $17.64M | $13.27M | $9.91M | $8.67M | $142.22M | $59.78M | $0 | $306K | $3.28M | $3.75M | $2.95M |
| Other Current Liabilities | $46.32M | $41.53M | $115.62M | $55.94M | $13.77M | $11.36M | $26.54M | $60.59M | $22.77M | $51.51M | $44.38M |
| Total Current Liabilities | $243.92M | $305.79M | $358.83M | $361.4M | $285.01M | $138.7M | $157.57M | $143.25M | $140.69M | $97.54M | $78.84M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $202.25M | $100.3M | $130.99M | $153.78M | $155.82M | $180.01M | $202.82M | $216.7M | $215.17M | $203.89M | $164.22M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.62M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $402K | $382K | $648K | $780K | $341K | $5K | $725K | $0 | $0 |
| Other Long-Term Liabilities | $4.58M | $4.41M | $5.08M | $103.54M | $79.01M | $64.14M | $68.97M | $13.13M | $3.61M | $3.42M | $18.72M |
| Total Long-Term Liabilities | $255.5M | $165.11M | $207.77M | $340.06M | $285.93M | $302.45M | $333.75M | $229.84M | $219.37M | $207.32M | $182.94M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $499.42M | $470.9M | $566.61M | $701.46M | $570.95M | $441.14M | $491.32M | $373.09M | $360.05M | $304.86M | $261.77M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $663K | $0 | $0 |
| Common Stock | $5K | $5K | $5K | $5K | $5K | $5K | $4K | $4K | $4K | $219.31M | $204.31M |
| Retained Earnings | -$176.14M | -$108.78M | -$94.06M | $60.02M | $68.05M | $24.4M | $20.44M | $8.72M | $1.04M | -$60.02M | -$7.04M |
| Comprehensive Income & Other | $4.62M | -$1.68M | -$180K | -$2.6M | $1.08M | $1.72M | $791K | -$167K | $802K | $0 | $0 |
| Other Stockholders' Equity | $361.95M | $341.8M | $326M | $308.2M | $253.58M | $217.86M | $204.97M | $145.99M | $130.78M | $58.09M | $46.29M |
| Total Equity | $185.81M | $233.02M | $231.94M | $368.22M | $321.64M | $242.27M | $225.41M | $154.71M | $131.83M | $217.38M | $243.56M |
| Minority Interest | $316K | $3.33M | $6.1M | $21.46M | $74.92M | $80.18M | $79.73M | $138.55M | $151.05M | $0 | $0 |
| Total Liabilities and Equity | $685.23M | $703.92M | $798.55M | $1.07B | $892.58M | $683.41M | $716.73M | $527.79M | $491.88M | $522.24M | $505.33M |
| Supplementary Data | |||||||||||
| Total Debt | $292.77M | $260.31M | $362.35M | $347.08M | $238.63M | $262.12M | $315.26M | $247.3M | $233.9M | $217.75M | $169.85M |
| Net Debt | $250.63M | $225.65M | $325.9M | $327.88M | $155.07M | $209.87M | $290.03M | $233.81M | $226.17M | $211.59M | $145.44M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$68.3M | -$15.07M | -$164.44M | -$5.24M | $67.85M | $9.76M | $27.82M | $25.06M | $5.6M | $26.88M | $11.94M |
| Depreciation & Amortization | $59.1M | $62.58M | $57.39M | $47.92M | $40.06M | $46.74M | $44.52M | $39.12M | $31.98M | $23.51M | $9.09M |
| Deferred Income Tax | $0 | -$57K | $123.12M | -$17.41M | -$361K | $3.32M | -$2.29M | -$964K | -$718K | $0 | $0 |
| Stock-Based Compensation | $11.54M | $13.6M | $10.53M | $16.59M | $12.99M | $10.12M | $13.04M | $9.14M | $5.57M | $2.37M | $14.41M |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $6.19M | $9.62M | $40.51M | $19.07M | -$56.65M | $20.08M | -$3.97M | -$36.14M | -$28.47M | -$33.62M | -$30.02M |
| Inventory | $11.81M | $26.22M | $122.48M | -$82.21M | -$107.17M | $2.85M | $25.37M | -$8.89M | -$16.7M | $6.01M | -$7.74M |
| Accounts Payable | $426K | $9.28M | -$17.97M | $11.04M | $26.93M | -$13.3M | $4.63M | -$16.38M | $19M | $14.65M | $0 |
| Other Working Capital | -$24.01M | $13.62M | -$46.33M | -$36.04M | $100.5M | $25.87M | -$20.2M | $28.08M | -$1.97M | $2.77M | $7.45M |
| Total Working Capital Change | -$5.58M | $58.74M | $98.69M | -$88.14M | -$36.38M | $35.49M | $5.83M | -$33.32M | -$28.15M | -$10.19M | -$30.32M |
| Other Non-Cash Items | -$1.88M | $3.72M | -$94.36M | $6.15M | $3.2M | $3.3M | $1.84M | $10.96M | $9.55M | $6.9M | $17.52M |
| Net Cash from Operating | -$5.12M | $123.52M | $30.93M | -$40.13M | $87.36M | $108.74M | $90.77M | $49.99M | $23.84M | $49.47M | $22.65M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$32.97M | -$32.79M | -$35.13M | -$59.15M | -$27.76M | -$18.48M | -$42.26M | -$26.87M | -$33.56M | -$21.2M | -$11.89M |
| Acquisitions | $0 | $0 | -$5.36M | -$19.48M | $199K | $0 | -$6.37M | -$635K | -$31.65M | -$903K | -$242.57M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $1.06M | $7.56M | $699K | $562K | $179K | $0 | $0 | -$635K | -$31.65M | $0 | $0 |
| Net Cash from Investing | -$31.9M | -$25.23M | -$39.8M | -$78.06M | -$27.38M | -$18.48M | -$48.63M | -$27.5M | -$65.22M | -$22.11M | -$254.46M |
| Financing Activities | |||||||||||
| Debt Repaid | $23.13M | $31.1M | $22.58M | -$2M | $18.38M | $26.44M | $11.75M | $1.33M | -$7.34M | -$40.03M | -$149.21M |
| Common Stock Issuance | $0 | $0 | $0 | $1.47M | $3.79M | $0 | $2.22M | $23K | $117.34M | $15M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$2.22M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | -$1.12M | -$10.71M | -$9.28M | -$3.58M | -$23.92M | -$20.44M | -$72.78M | -$70.43M | -$12.17M |
| Other Financing Activities | $171K | -$7.64M | -$1.21M | -$8.12M | -$4.77M | -$6.49M | $1.63M | -$2.48M | -$12.96M | -$21.94M | $118.81M |
| Net Cash from Financing | $42.04M | -$99.24M | $25.6M | $54.64M | -$28.63M | -$63.34M | -$28.34M | -$15.05M | $43.01M | -$45.61M | $255.85M |
| Forex Effect | $2.48M | -$852K | $518K | -$797K | -$51K | $107K | -$2.05M | -$1.69M | -$67K | $0 | $0 |
| Net Change in Cash | $7.49M | -$1.8M | $17.25M | -$64.36M | $31.3M | $27.03M | $11.74M | $5.76M | $1.57M | -$18.25M | $24.03M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$5.12M | $123.52M | $30.93M | -$40.13M | $87.36M | $108.74M | $90.77M | $49.99M | $23.84M | $49.47M | $22.65M |
| Capital Expenditure | -$32.97M | -$32.79M | -$35.13M | -$59.15M | -$27.76M | -$18.48M | -$42.26M | -$26.87M | -$33.56M | -$21.2M | -$11.89M |
| Free Cash Flow | -$38.09M | $90.73M | -$4.2M | -$99.28M | $59.6M | $90.26M | $48.5M | $23.13M | -$9.72M | $28.27M | $10.75M |
| Cash at Beginning | $34.66M | $36.45M | $19.2M | $83.56M | $52.26M | $25.23M | $13.49M | $7.73M | $6.16M | $24.41M | $10.65M |
| Cash at End | $42.15M | $34.66M | $36.45M | $19.2M | $83.56M | $52.26M | $25.23M | $13.49M | $7.73M | $6.16M | $34.68M |