---
schema_version: "secwatch.filing_event.v1"
accession: "0001704711-25-000072"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T04:53:19.483992+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001704711-25-000072
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000170471125000072/0001704711-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000170471125000072/fnko-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704711-25-000072
- JSON: https://secwatch.observer/filing/0001704711-25-000072.json
- Plain text: https://secwatch.observer/filing/0001704711-25-000072.txt

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