Q4 Net sales exceeded expectations according to the results released on 12 March 2026.
Funko Inc, the pop culture and collectibles brand has reported its consolidated financial results for the fourth quarter and full year ended December 31, 2025. The company also provided financial guidance for the 2026 first quarter and full year.
Fourth-Quarter Financial Results Summary: 2025 vs 2024
- Net sales were $273.1 million compared with $293.7 million
- Gross profit was $111.6 million, equal to gross margin of 40.9%, compared with $124.4 million, equal to gross margin of 42.4%
Full-Year Financial Results Summary: 2025 vs 2024
- Net sales were $908.2 million compared with $1.05 billion
- Gross profit was $351.3 million, equal to gross margin of 38.7%. This compares with $434.5 million, equal to gross margin of 41.4%
Josh Simon, Funko CEO, said: “We closed the year with two consecutive quarters of solid financial results. Our fourth quarter performance was driven by strong sales of entertainment properties, notably KPop Demon Hunters and Stranger Things, as well as our Bitty Pop! franchise and the launch of Pop! Yourself in Europe.
“Turning to our balance sheet, we reduced our inventory levels and paid down $16 million of debt in Q4. And, as previously announced, we reached an agreement with our lender group to amend our credit agreement, which extends the maturity to 31 December 2027 and provides us with the financial flexibility to deliver on our long-term plans.
“Looking ahead, we’re excited about the 2026 entertainment slate and executing our ‘Make Culture POP!’ strategy –– winning the moments that shape culture, scaling storytelling across new products and platforms, expanding our touchpoints with fans and driving profitable growth.”
https://investor.funko.com/news-and-events/press-releases/default.aspx
