---
schema_version: "secwatch.filing_event.v1"
accession: "0001704711-21-000046"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:49:20.398441+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Funko reports record Q2 sales $236.1M (+141% YoY); CEO transition planned for Jan 2022

## Summary
- Q2 net sales $236.1M (+141% YoY); net income $20.9M vs -$15.0M loss; adjusted EBITDA $41.1M vs $0.2M.
- Gross margin 39% (+250 bps YoY); DTC sales >190% growth, now 11% of net sales.
- FY2021 guidance: net sales $900-930M; adjusted EPS $1.06-$1.19.
- CEO Brian Mariotti becomes Chief Creative Officer; President Andrew Perlmutter to become CEO effective Jan 3, 2022.
- Pop! brand sales +137%, Loungefly +132%; U.S. +110%, Europe +393%.

## SEC filing metadata
- accession: 0001704711-21-000046
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000170471121000046/0001704711-21-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000170471121000046/fnko-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704711-21-000046
- JSON: https://secwatch.observer/filing/0001704711-21-000046.json
- Plain text: https://secwatch.observer/filing/0001704711-21-000046.txt

## Key facts
- Executive change
  Brian Mariotti changed role as Chief Creative Officer at Funko, Inc..
  - Action: transition
  - Role: Chief Creative Officer
  source text: Brian Mariotti, the Company’s current Chief Executive Officer, is expected to transition to the role of Chief Creative Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704711/000170471121000046/0001704711-21-000046-index.htm
- Executive change
  Andrew Perlmutter was appointed as Chief Executive Officer at Funko, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Andrew Perlmutter is expected to be appointed as the Company’s Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704711/000170471121000046/0001704711-21-000046-index.htm
- Executive change
  Andrew Perlmutter was elected as Director at Funko, Inc..
  - Action: elected
  - Role: Director
  source text: Mr. Perlmutter will be elected to the Board in connection with his appointment as Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704711/000170471121000046/0001704711-21-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.