Welcome to our dedicated page for Funko news (Ticker: FNKO), a resource for investors and traders seeking the latest updates and insights on Funko stock.
Funko, Inc. sells pop culture lifestyle and collectibles products under brands that include Funko, Loungefly and Mondo. Its updates commonly cover Core Collectibles, vinyl figures, micro-collectibles, fashion accessories, apparel, plush, action toys, high-end art and music collectibles, including the Pop!, Bitty Pop! and Pop! Yourself lines.
Company news also centers on quarterly and annual results, gross margin, inventory and debt trends, international sales, licensing and retail-channel activity. Other recurring items include credit-agreement amendments, Nasdaq inducement equity grants, board and executive changes, and investor presentation materials.
Funko (Nasdaq: FNKO) announced an amendment and extension to its existing credit agreement, moving loan maturity from September 17, 2026 to December 31, 2027. The amendment also waives or modifies certain financial covenants and revises pricing terms, and names JPMorgan as administrative agent.
Management characterized the deal as providing additional financial strength and flexibility to support growth initiatives and retail momentum.
Funko (Nasdaq: FNKO) appointed Reed Duchscher to its Board of Directors effective January 12, 2026, and announced that Mike Lunsford will step down from the Board as of the same date. Duchscher is founder and CEO of Night, a talent management and venture platform known for working with creators such as MrBeast, Kai Cenat and Hasan Piker and for building creator-led businesses across talent management, content production, marketing and venture investing. Management said Duchscher’s experience linking content, creators and commerce should support Funko’s focus on driving profitable growth, deepening fan engagement and creating long-term shareholder value. The Board thanked Lunsford for years of service, including his contributions as interim CEO during strategic transitions.
Funko (Nasdaq: FNKO) launched its new artist-driven Premium Blind Box line on November 11, 2025, debuting two series: Kiguzoomies (MSRP $15.99) and Funko Fun Squad (MSRP $16.99).
Both series premiered with a soft launch at New York Comic Con where limited quantities sold out daily. Each series includes a 1-in-36 secret chase variant. The company said it will expand the artist-driven platform with in-house and independent collaborators and plans additional Premium Blind Box releases in 2026. Products are available on Funko.com and at select national retailers.
Funko (Nasdaq: FNKO) reported Q3 2025 results for the quarter ended September 30, 2025: net sales $250.9M (down 14.3% YoY), gross profit $100.8M with a 40.2% gross margin, net income $0.9M ($0.02 diluted), adjusted net income $3.2M ($0.06 diluted) and adjusted EBITDA $24.4M. U.S. sales fell 20.1% while Europe was roughly flat. Balance sheet highlights: cash $39.2M, inventories $99.8M, and total debt $241.0M as of September 30, 2025.
Company expects Q4 2025: modest sales increase vs Q3, ~40% gross margin, and adjusted EBITDA margin in the mid‑ to high single digits; provided forward expense items for Q4.
Funko (Nasdaq: FNKO) will host its 2025 third quarter financial results conference call on Thursday, November 6, 2025 at 4:30 p.m. ET to review results for the quarter ended September 30, 2025.
The call will be webcast and accessible via the company's investor relations website at https://investor.funko.com. A replay of the webcast will be available on the same website after the call.
Funko (Nasdaq: FNKO), a leading pop culture lifestyle brand, has announced an inducement grant for its new CEO Josh Simon. The grant consists of 1,000,000 restricted stock units of Class A common stock under the Funko, Inc. 2024 Inducement Plan.
The award will vest over four years in equal annual installments starting September 1, 2025, contingent on Simon's continued employment. The grant, made in accordance with Nasdaq Listing Rule 5635(c)(4), includes full acceleration provisions upon a change in control and was designed as an inducement for Simon to join Funko as CEO.
Funko (NASDAQ:FNKO) has appointed Josh Simon as its new Chief Executive Officer, effective September 1, 2025. Simon, who succeeds Interim CEO Mike Lunsford, joins Funko from Netflix, where he served as Vice President of Consumer Products. During his tenure at Netflix, he oversaw the global merchandise business, live experiences, and the Roald Dahl Story Company.
Simon brings extensive experience from leadership roles at major companies including Netflix, Nike, and Disney. At Netflix, he successfully scaled the consumer products division, launched an e-commerce platform, and managed relationships with major retailers. His previous roles included Vice President of Global Strategy at Nike and various positions at Disney's Motion Picture Group.
Funko (NASDAQ:FNKO) reported challenging Q2 2025 financial results, with net sales declining 21.9% to $193.5 million compared to $247.7 million in Q2 2024. The company experienced significant margin pressure, with gross margin dropping to 32.1% from 42.0% year-over-year.
The company reported a net loss of $41.0 million ($0.74 per share) compared to net income of $5.4 million in Q2 2024. Core Collectible sales decreased 15.7%, while Loungefly sales fell 23.2%. Total debt increased to $256.6 million from $182.8 million at year-end 2024.
For H2 2025, Funko expects performance improvement versus H1, projecting high single-digit sales decline and adjusted EBITDA margin in mid to high single-digits, with Q4 results expected to outperform Q3.
Funko (NASDAQ:FNKO), the popular pop culture lifestyle brand, has scheduled its Q2 2025 earnings conference call for Thursday, August 7, 2025, at 4:30 p.m. ET. During the call, management will discuss financial results for the quarter ended June 30, 2025.
Investors can access the webcast through Funko's investor relations website at investor.funko.com. A replay of the presentation will be available on the same platform after the event.
Funko (Nasdaq: FNKO), a pop culture lifestyle brand, has secured an amendment to its credit facilities from September 2021. The key modifications include waivers for financial covenants covering Q2 and Q3 2025, and a reduction in revolving commitments from $150M to $135M as of July 16, 2025, further decreasing to $125M by December 31, 2025.
The company received 100% bank group consent for the amendment and has engaged Moelis & Company LLC to explore refinancing options for its credit facilities, which mature in September 2026. The changes are part of Funko's tariff mitigation strategy to enhance financial flexibility.