---
schema_version: "secwatch.filing_event.v1"
accession: "0001704711-24-000155"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:39:14.939552+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Funko Q3 net sales down 6.4% YoY to $293M; net income of $4.6M vs loss; raises FY EBITDA view

## Summary
- Q3 net sales $292.8M, down 6.4% YoY; gross margin improved to 40.9% from 33.2%.
- Net income of $4.6M ($0.08 diluted EPS) vs net loss of $16.2M ($0.31 loss) in Q3 2023.
- Adjusted EBITDA $31.0M, up from $25.4M; adjusted EPS $0.14 vs $0.03.
- FY24 net sales guidance lowered to $1.037B-$1.050B; Adjusted EBITDA raised to $85M-$90M.
- Total debt reduced to $223.4M from $273.6M at year-end 2023; cash $28.5M.

## SEC filing metadata
- accession: 0001704711-24-000155
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000170471124000155/0001704711-24-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000170471124000155/fnko-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704711-24-000155
- JSON: https://secwatch.observer/filing/0001704711-24-000155.json
- Plain text: https://secwatch.observer/filing/0001704711-24-000155.txt

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