---
schema_version: "secwatch.filing_event.v1"
accession: "0001704711-23-000006"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:25:05.773973+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Funko Q4 net loss $46.7M; guides Q1 adj EBITDA loss $45-50M; inventory write-down $30-36M

## Summary
- Q4 net sales $333.0M (-1% YoY); net loss $(46.7)M vs income $17.4M; GAAP EPS $(0.89).
- Adjusted EBITDA $(6.3)M vs $38.9M; full-year adj EBITDA $97.4M (-35% YoY).
- Inventory $246.4M (+48% YoY); expects $30-36M write-down in H1 2023.
- Q1 2023 guidance: revenue $225-255M; adj EBITDA $(50)-(45)M; adj loss per share $(1.00)-(0.90).
- FY 2023 guidance: revenue growth 0-5%; adj EBITDA $50-75M; credit agreement amended restricting revolver draws.

## SEC filing metadata
- accession: 0001704711-23-000006
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000170471123000006/0001704711-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000170471123000006/fnko-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704711-23-000006
- JSON: https://secwatch.observer/filing/0001704711-23-000006.json
- Plain text: https://secwatch.observer/filing/0001704711-23-000006.txt

## Key facts
- Earnings Releases
  Funko, Inc. updated its the quarter and fiscal year ended December 31, 2022 guidance (initiated).
  - Period: the quarter and fiscal year ended December 31, 2022
  - Guidance: initiated
  - Result: reported results
  source text: On March 1, 2023 , Funko, Inc. (the “Company”) announced its financial results for the quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704711/000170471123000006/0001704711-23-000006-index.htm

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