Welcome to our dedicated page for Funko SEC filings (Ticker: FNKO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Funko, Inc. filings document the company’s operating results, governance and capital structure as a Nasdaq-listed issuer of Class A common stock. Form 8-K reports furnish quarterly and annual financial results, Regulation FD presentation materials, material credit-agreement amendments, executive employment arrangements, board changes and stockholder-agreement amendments.
Proxy materials cover director elections, executive compensation, equity awards and shareholder voting matters. The filings also identify Funko Acquisition Holdings, L.L.C. and domestic subsidiaries in financing arrangements, and record debt covenants, consent rights and governance provisions tied to the company’s pop culture consumer-products business.
Fund 1 Investments, LLC has amended its ownership report on Funko, Inc. The fund now reports beneficial ownership of 5,265,798 shares of Funko Class A common stock, which is about 9.50% of the 55,444,604 shares outstanding as of March 10, 2026.
The shares were purchased using working capital of the funds, for an aggregate purchase price of approximately $41,909,408, including brokerage commissions. Fund 1 has sole voting and dispositive power over these shares.
The fund has also entered into cash-settled total return swaps providing economic exposure to 3,897,961 notional shares, or roughly 7.03% of the outstanding shares, and holds a large series of cash-settled call options on Funko shares with exercise prices of $4.00 or $5.00 per share and expirations from March 17, 2026 through May 11, 2026. These derivatives provide economic exposure but do not convey voting or dispositive power over the referenced shares.
Funko, Inc. Chief Product Officer Husnal Shah reported a combination of RSU vesting, share conversions, and related share sales. He exercised restricted stock units to acquire a total of 13,826 shares of Class A common stock at a conversion price of $0.00 per share.
To cover taxes on these RSU vestings, he sold 2,358 shares at a weighted average price of $4.1451 and 3,651 shares at a weighted average price of $3.7256, pursuant to a pre-established Rule 10b5-1 sell-to-cover instruction dated June 8, 2023. Following the latest transaction, he holds 16,767 shares of Class A common stock directly. Footnotes note prior RSU grants of 21,705 units on March 12, 2025 and 33,600 units on March 13, 2024, each vesting in four annual installments subject to continued employment.
Funko, Inc. executive Andrew David Oddie, Chief International Officer, reported recent equity compensation activity and related share sales. He exercised restricted stock units into 9,767 and 12,600 shares of Class A common stock on March 12 and March 13, 2026, respectively, at a conversion price of $0.00 per share.
To cover taxes upon these RSU vestings, he conducted open-market sales of 4,844 shares at a weighted average price of $4.1292 on March 13, 2026 and 6,250 shares at $3.71 on March 16, 2026, under a Rule 10b5-1 instruction letter entered into in June 2019. Following these transactions, he directly held 69,313 shares of Class A common stock.
Funko, Inc. CFO Yves Le Pendeven reported a mix of RSU vesting and related share sales. On March 12–13, he exercised restricted stock units into a total of 18,167 shares of Class A common stock at a conversion price of $0.00 per share. Over March 13 and March 16, he sold 6,031 shares of Class A common stock in open-market transactions at weighted average prices of $4.1448 and $3.7381 per share to cover taxes upon RSU vesting under a Rule 10b5-1 sell-to-cover instruction dated June 14, 2023. Following these transactions, he directly holds 58,074 shares of Class A common stock.
Funko, Inc. chief legal officer Tracy D. Daw exercised restricted stock units into Class A common stock over two days. On March 12, 2026, 9,767 RSUs converted into 9,767 shares at $0.00 per share, increasing direct holdings to 47,209 shares. On March 13, 2026, 12,600 RSUs converted into 12,600 shares at $0.00 per share, bringing direct ownership to 59,809 Class A shares. Footnotes note prior grants of 39,069 RSUs on March 12, 2025 and 50,400 RSUs on March 13, 2024, each vesting in four equal annual installments and settled in one share of Class A stock or equivalent cash per RSU.
Funko, Inc. filed its annual report describing its pop culture consumer products business, key risks and capital structure. The company highlights broad licensing relationships with over 250 content providers and notes that no single property exceeded 5% of sales in 2025, with the top five third-party properties representing 19% of sales.
Evergreen properties accounted for roughly 69% of 2025 sales, and international customers generated about 40% of sales, up from 35% in 2024. Core Collectible products, including Pop! Vinyl, represented 80% of 2025 sales, while Loungefly contributed 17%. Royalty expenses were $158.5 million in 2025 on an average royalty rate of 17.4%.
The report details risks from economic downturns, retail disruption, tariffs, and reliance on international manufacturing, as well as significant indebtedness. At December 31, 2025, borrowings under credit facilities totaled $219.9 million and $5.4 million under an equipment finance loan, with recent covenant amendments and waivers extending the credit facility maturity to December 31, 2027.
Funko, Inc. reported fourth-quarter 2025 net sales of $273.1 million, down from $293.7 million a year earlier, with gross margin at 40.9%. SG&A fell to $90.9 million, and net loss narrowed to $0.2 million, or $0.00 per share. Adjusted EBITDA was $23.3 million, or an 8.5% margin.
For full-year 2025, net sales were $908.2 million versus $1.05 billion and net loss widened to $67.4 million, or $1.24 per share. Adjusted EBITDA declined to $26.6 million from $94.7 million. The company ended 2025 with $42.1 million in cash, $83.1 million in inventories and total debt of $225.3 million.
Funko guided 2026 full-year net sales to be flat to up 3% versus 2025 and expects gross margin of about 41% to 43%. It projects 2026 adjusted EBITDA between $70 million and $80 million and first-quarter 2026 adjusted EBITDA around breakeven, assuming ongoing U.S. tariff rates of approximately 15%.
Funko, Inc. chief legal officer Tracy D. Daw exercised restricted stock units that vested into Class A common shares as part of equity compensation. On March 6, 2026, 5,273 RSUs converted into 5,273 Class A shares, and on March 8, 2026, 4,343 RSUs converted into 4,343 Class A shares. These transactions were coded as derivative exercises at a stated price of $0.00 per share, reflecting compensation rather than open-market buying. After these conversions, Daw directly holds 37,442 shares of Class A common stock, while a footnote notes that this total does not include any common units that may also be beneficially owned.
Funko, Inc. CFO Yves Le Pendeven reported routine equity compensation activity. He exercised restricted stock units into 3,630 shares of Class A common stock on March 6 and 8, 2026 at a conversion price of $0.00 per share. On March 9, 2026, he sold 1,192 shares in open-market transactions to cover taxes upon vesting, under a pre-arranged Rule 10b5-1 sell-to-cover instruction. These transactions reflect compensation vesting and tax payments rather than discretionary buying or selling.
Funko, Inc. chief international officer Andrew David Oddie reported a series of equity transactions involving Class A common stock. On March 6 and 8, 2026, he exercised restricted stock units into a total of 11,581 shares of common stock at a conversion price of $0.00 per share. On March 9, 2026, he sold 5,744 shares of Class A common stock in open-market transactions at weighted average prices of $4.3568 and $4.3364 per share. Footnotes state these sales were made to cover taxes upon RSU vesting under a pre-arranged Rule 10b5-1 instruction letter entered into in June 2019, indicating the dispositions were part of a planned tax-related process rather than discretionary trading.