Funko Q1 net sales $190.7M, down 11.6% YoY; withdraws FY2025 outlook on tariff uncertainty

Funko, Inc.

2025-Q1 EPS reported -$0.52 revenue$190,739,000

Net sales $190.7M (down 11.6% YoY from $215.7M); net loss $28.1M vs $23.7M loss last year.
Adjusted EBITDA negative $4.7M vs positive $9.6M; adjusted net loss $17.8M ($0.33/share).
Withdrew FY2025 outlook due to tariff uncertainty; targets ~5% China sourcing for US-bound product by year-end.
US sales fell 16.7%, Europe flat; inventory $87.7M, total debt $202.2M.

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