earnings
confidence high
sentiment neutral
materiality 0.70
Funko Q3 net sales down 14.3% to $250.9M; net income drops to $0.9M
Funko, Inc.
2025-Q3 EPS reported
-$1.24
revenue$635,113,000
- Net sales $250.9M (down 14.3% YoY); net income $0.9M vs $4.6M; diluted EPS $0.02.
- Gross margin 40.2% (down 70 bps) but exceeded expectations; adjusted EBITDA $24.4M vs $31.0M.
- Core Collectible sales fell 12% to $200.4M; Loungefly down 5.5% to $44.7M.
- U.S. sales down 20.1% to $155.4M; international relatively stable.
- Q4 outlook: net sales to increase modestly from Q3; gross margin ~40%; adjusted EBITDA margin mid-to-high single digits.