earnings
confidence high
sentiment negative
materiality 0.80
Funko Q2 net loss $41M, revenue down 22% YoY; expects H2 improvement
Funko, Inc.
2025-Q2 EPS reported
-$1.26
revenue$384,208,000
- Net sales $193.5M, down 21.9% YoY; net loss $41.0M ($0.74/share) vs net income $5.4M.
- Adjusted net loss $26.7M ($0.48/share); negative adjusted EBITDA $16.5M vs positive $27.9M.
- Gross margin fell to 32.1% from 42.0%; Core Collectible -15.7%, Loungefly -23.2%, Other -78.7%.
- Total debt rose to $256.6M from $182.8M; inventory $101.3M vs $92.6M year-end.
- H2 outlook: net sales down high single-digits vs H2 2024; EBITDA margin mid- to high single-digits.