secwatch.observer — SEC 8-K summary
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Issuer:     Funko, Inc. (FNKO)
CIK:        0001704711
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001704711-26-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Funko Q1 net sales $200.9M (+5% YoY); gross margin 44.2% record; Adj EBITDA $11.3M vs -$4.7M prior year
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- Net sales $200.9M, up 5% YoY; net loss $18.1M vs $28.1M loss prior year.
- Gross margin 44.2% (highest ever) vs 40.3% prior; Adj EBITDA $11.3M vs -$4.7M.
- Core Collectibles up 16.8% YoY to $168.8M; Loungefly down 23.1% to $27.2M.
- International sales strong: Europe +25.6%, US -3.7%; reiterates FY 2026 outlook.
- Q2 2026 guidance: net sales $195-205M, Adj EBITDA $5-10M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1704711/000170471126000034/0001704711-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1704711/000170471126000034/fnko-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001704711-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer