---
schema_version: "secwatch.filing_event.v1"
accession: "0001704711-24-000130"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:03:18.080238+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Funko Q2 net sales $247.7M (+3.2%), adj EBITDA $27.9M beat; reiterates FY outlook

## Summary
- Net sales $247.7M vs $240.0M YoY; gross margin 42.0% (was 29.2%); net income $5.4M ($0.10 EPS) vs loss $75.9M.
- Adj EBITDA $27.9M vs negative $7.6M; inventory $109.0M (down from $119.5M Dec 2023); debt $223.9M (down from $273.6M).
- Core Collectible sales +6.4% to $186.7M; Loungefly -13.4% to $41.5M; international sales up 20.8% in Europe.
- Reiterated FY2024: net sales $1.047-1.103B, adj EBITDA $65-85M; Q3 guidance: net sales $282-297M, adj EBITDA $21-25M.
- Appointed Yves Le Pendeven as CFO, previously acting CFO since March 2024.

## SEC filing metadata
- accession: 0001704711-24-000130
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000170471124000130/0001704711-24-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000170471124000130/fnko-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704711-24-000130
- JSON: https://secwatch.observer/filing/0001704711-24-000130.json
- Plain text: https://secwatch.observer/filing/0001704711-24-000130.txt

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