secwatch / observer

Funko, Inc. — fact timeline

Source-grounded facts extracted from Funko, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

FNKO Funko, Inc. JSON
Earnings Releases

Funko, Inc. reported 2026 Second Quarter results: revenue Net sales $195 million to $205 million, up 1% to 6% compared with Q2 2025. Guidance initiated.

“2026 Second Quarter Net sales $195 million to $205 million, up 1% to 6% compared with Q2 2025 Gross margin % ~42% to 44% Adjusted EBITDA* $5 million to $10 million”
Earnings Releases

Funko, Inc. reported 2026 Full Year results: revenue Net Sales flat to up 3% vs 2025. Guidance reaffirmed.

“Current Outlook 2026 Full Year Net Sales flat to up 3% vs 2025 Gross Margin % ~41% to 43% Adjusted EBITDA* $70 million to $80 million”
Earnings Releases

Funko, Inc. reported First Quarter 2026 results: revenue Net sales were $200.9 million, net income Net loss was $18.1 million, EPS $0.33 per share.

“Net sales were $200.9 million compared with $190.7 million • Gross profit was $88.8 million, equal to gross margin of 44.2%, compared with $76.9 million, equal to gross margin of 40.3% • SG&A expenses were $83.7 million compared with $84.8 million • Net loss was $18.1 million, or $0.33 per share, compared with $28.1 million, or $0.52 per share”
Material Agreements

Funko, Inc. amended Fifth Amendment with JPMorgan Chase Bank, N.A. (effective 2026-02-13).

“On February 13, 2026, Funko Acquisition Holdings, L.L.C. (the “Company”), a subsidiary of Funko, Inc., and certain of the Company’s material domestic subsidiaries (collectively, the “Credit Agreement Parties”) entered into an amendment (the “Fifth Amendment”) with the lenders party to the Existing Credit Agreement (as defined below) and JPMorgan Chase Bank, N.A. as administrative agent (“JPM”).”
Debt Financings

Funko, Inc. amended revolving credit of $135.0 million to $125.0 million maturing December 31, 2025.

“quarters ended June 30, 2025 and ending September 30, 2025; (ii) permanently reducing the revolving commitments under the Existing Credit Agreement (x) from $150.0 million to $135.0 million as of the effective date of the Fourth Amendment and (y) from $135.0 million to $125.0 million as of December 31, 2025; (iii) increasing the applicable margin on all outstanding”
Debt Financings

Funko, Inc. amended revolving credit of $150.0 million.

“permanently reducing the revolving commitments under the Existing Credit Agreement (x) from $150.0 million to $135.0 million as of the effective date of the Fourth Amendment”
Debt Financings

Funko, Inc. amended credit facility with JPMorgan Chase Bank, N.A. as administrative agent at increasing the applicable margin on all outstanding loans to 400 basis points.

“The Fourth Amendment amends the Credit Agreement, dated as of September 17, 2021 and previously amended on April 26, 2022, July 29, 2022 and February 28, 2023”
Earnings Releases

Funko, Inc. reported 2024 full year results: revenue $1.047 billion to $1.103 billion. Guidance reaffirmed.

“Based on its current outlook, the company reiterated its 2024 full-year outlook and provided guidance for its 2024 second quarter, as follows: Current Outlook 2024 Full Year Net Sales $1.047 billion to $1.103 billion Adjusted EBITDA* $65 million to $85 million”
Earnings Releases

Funko, Inc. reported first quarter ended March 31, 2024 results: net income $23.7 million, EPS $0.45 per share.

“Net sales were $215.7 million compared with $251.9 million”

Andrew Perlmutter resigned as Class II Director at Funko, Inc..

“Andrew Perlmutter resigned as a Class II director of the Company, effective on the Effective Date.”

Michael Lunsford changed role as Interim Chief Executive Officer at Funko, Inc..

“Ms. Williams succeeds Michael Lunsford, the Company’s Interim Chief Executive Officer.”

Cynthia Williams was appointed as Class II Director at Funko, Inc..

“On May 8, 2024, following a search process, the Board of Directors (the “Board”) of the Company appointed Cynthia Williams as the Company’s Chief Executive Officer and a Class II director, in each case effective May 20, 2024 (the “Effective Date”).”

Cynthia Williams was appointed as Chief Executive Officer at Funko, Inc..

“On May 8, 2024, following a search process, the Board of Directors (the “Board”) of the Company appointed Cynthia Williams as the Company’s Chief Executive Officer and a Class II director, in each case effective May 20, 2024 (the “Effective Date”).”
Auditor Changes

Funko, Inc. engaged PricewaterhouseCoopers LLP as its auditor.

“the Committee approved the engagement of PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, effective upon the filing of the Company’s quarterly report on Form 10-Q for the quarter ended March 31, 2024”
Auditor Changes

Funko, Inc. dismissed Ernst & Young LLP as its auditor.

“On April 11, 2024, the Company notified and dismissed Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm, effective upon the 10-Q Filing”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.