Funko, Inc.

FNKO: SCHEDULE 13D/A · ownership disclosure

Fund 1 Investments, LLC filed its fourth amendment to its Schedule 13D on Funko, Inc., disclosing beneficial ownership of 5,497,413 Class A shares, or approximately 9.8% of the 55,995,766 shares outstanding as of August 4, 2026. The amendment newly discloses cash-settled total return swap agreements giving Fund 1 economic exposure to an additional 6,462,462 notional shares, roughly 11.5% of shares outstanding, bringing its total economic exposure to about 21.3% of Funko. Exhibit 1 shows heavy trading over the past 60 days, including sizeable net buying in early September at prices around $5.32-$6.20, suggesting the fund was accumulating as the stock traded in the mid-$5 to low-$7 range. The fund has no stated activist agenda, but a ~21% economic interest by a single fund is a meaningful signal of conviction in Funko.

SEC SCHEDULE 13D/A•1mo ago

Kristin Hamilton Joins Funko as Chief Commercial Officer

Funko appointed Kristin Hamilton as Chief Commercial Officer, effective August 24, to lead the company's global commercial organization and drive revenue growth. Hamilton brings over 20 years of experience, most recently serving as SVP of Global eCommerce & Direct-to-Consumer at Crunchyroll and previously spending nearly 15 years at Hasbro. She will report to CEO Josh Simon and oversee commercial strategy across the Funko, Loungefly, and Mondo brands.

•2mo ago

Funko Reports Strong Second Quarter 2026 Financial Results; Reiterates Full-Year Net Sales Outlook and Raises Adjusted EBITDA Guidance

Funko reported a strong Q2 with net sales growing 7% year-over-year to $207.7 million and record gross margins of 56.6%, driven by a $25.4 million tariff-related benefit and operational improvements. The company returned to profitability with net income of $15.4 million, or $0.27 per share, compared to a net loss of $40.5 million in the prior-year quarter. Management raised full-year Adjusted EBITDA guidance to $100 million-$110 million, up from $70 million-$80 million, while reiterating net sales guidance of flat to up 3%.

•2mo ago

Funko Reports Strong First Quarter 2026 Financial Results; Reiterates 2026 Full-Year Outlook

Funko delivered a strong Q1 with net sales rising 5% to $200.9 million, fueled by robust international growth and a 17% increase in Core Collectibles. Gross margin expanded to a record 44.2%, driving a significant improvement in profitability with adjusted EBITDA turning positive to $11.3 million. The company reiterated its full-year outlook for flat to up 3% sales growth and adjusted EBITDA of $70 million to $80 million, while guiding Q2 sales to $195 million-$205 million.

•5mo ago

Nik Rupp Joins Funko as Senior Vice President of Brand and Marketing

Funko appointed Nik Rupp as Senior Vice President of Brand and Marketing, tasking him with leading global marketing strategy and brand storytelling. Rupp brings over 12 years of experience from Nike, most recently serving as Senior Director of Brand & Product at Nike Virtual Studios where he led digital and virtual product launches. The new hire aims to deepen Funko's connection with fans and expand the brand's presence across physical and digital platforms.

•5mo ago