FNKO · Funko, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $908.21M | $1.05B | $1.10B | $1.32B | $1.03B | $652.54M |
| Cost of Revenue | - | - | $763.09M | $888.68M | $648.30M | $403.39M |
| Gross Profit | - | - | $333.00M | $434.02M | $380.99M | $249.15M |
| R&D | - | - | - | - | - | - |
| SG&A | $337.71M | $358.96M | $377.06M | $398.27M | $244.33M | $181.23M |
| Total Operating Expenses | $953.75M | $1.04B | $1.20B | $1.33B | $933.83M | $628.99M |
| D&A | $59.10M | $62.58M | $57.39M | $47.67M | $41.20M | $44.37M |
| Operating Income | ($45.54M) | $12.99M | ($103.83M) | ($11.92M) | $95.47M | $23.54M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $4.36M | $4.56M | $132.50M | ($17.80M) | $17.06M | $2.02M |
| Net Income | ($67.36M) | ($14.72M) | ($154.08M) | ($8.04M) | $43.90M | $3.96M |
| EPS - Basic | ($1.24) | ($0.28) | ($3.19) | ($0.18) | $1.14 | $0.11 |
| EPS - Diluted | ($1.24) | ($0.28) | ($3.19) | ($0.18) | $1.08 | $0.11 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $42.15M | $34.66M | $36.45M | $19.20M | $83.56M | $52.26M |
| Accounts Receivable | $117.02M | $119.88M | $130.83M | $167.90M | $187.69M | $131.84M |
| Inventory | $83.14M | $92.58M | $119.46M | $246.43M | $166.43M | $59.77M |
| Accounts Payable | $64.75M | $63.13M | $52.92M | $67.65M | $57.24M | $29.20M |
| Current Assets | $290.40M | $287.06M | $342.88M | $473.17M | $452.60M | $259.35M |
| Total Assets | $685.23M | $707.25M | $804.64M | $1.09B | $967.50M | $763.59M |
| Current Liabilities | $243.92M | $305.79M | $358.83M | $361.40M | $285.01M | $138.70M |
| Long-term Debt | $202.25M | $100.30M | $130.99M | $153.78M | $155.82M | $180.01M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $185.81M | $233.02M | $231.94M | $368.22M | $321.64M | $242.27M |
| Retained Earnings | ($176.14M) | ($108.78M) | ($94.06M) | $60.02M | $68.05M | $24.40M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($5.12M) | $123.52M | $30.93M | ($40.13M) | $87.36M | $107.24M |
| Investing Cash Flow | ($31.90M) | ($25.23M) | ($39.80M) | ($78.06M) | ($27.38M) | ($18.48M) |
| Financing Cash Flow | $42.04M | ($99.24M) | $25.60M | $54.64M | ($28.63M) | ($61.84M) |
| CapEx | $32.97M | $32.79M | $35.13M | $59.15M | $27.76M | $18.48M |
| Free Cash Flow | ($38.09M) | $90.73M | ($4.20M) | ($99.28M) | $59.60M | $88.76M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | 30.4% | 32.8% | 37.0% | 38.2% |
| Operating margin | -5.0% | 1.2% | -9.5% | -0.9% | 9.3% | 3.6% |
| EBITDA margin | 1.5% | 7.2% | -4.2% | 2.7% | 13.3% | 10.4% |
| Net margin | -7.4% | -1.4% | -14.1% | -0.6% | 4.3% | 0.6% |
| Free cash flow margin | -4.2% | 8.6% | -0.4% | -7.5% | 5.8% | 13.6% |
| FCF / Net income | 0.57 | -6.16 | 0.03 | 12.36 | 1.36 | 22.41 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 37.2% | 34.2% | 34.4% | 30.1% | 23.7% | 27.8% |
| Effective tax rate | - | - | - | - | 28.0% | 33.8% |
| Return on assets | -9.8% | -2.1% | -19.1% | -0.7% | 4.5% | 0.5% |
| Return on equity | -36.3% | -6.3% | -66.4% | -2.2% | 13.6% | 1.6% |
| Return on invested capital | -9.3% | 3.1% | -22.6% | -1.8% | 14.4% | 3.7% |
| Liquidity | ||||||
| Current ratio | 1.19 | 0.94 | 0.96 | 1.31 | 1.59 | 1.87 |
| Quick ratio | 0.85 | 0.64 | 0.62 | 0.63 | 1.00 | 1.44 |
| Cash ratio | 0.17 | 0.11 | 0.10 | 0.05 | 0.29 | 0.38 |
| Leverage | ||||||
| Debt / Equity | 1.09 | 0.43 | 0.56 | 0.42 | 0.48 | 0.74 |
| Debt / Assets | 0.30 | 0.14 | 0.16 | 0.14 | 0.16 | 0.24 |
| Debt / EBITDA | 14.92 | 1.33 | - | 4.30 | 1.14 | 2.65 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 3.69 | 3.04 | 3.47 | 2.96 | 3.01 | 3.15 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 1.33 | 1.48 | 1.36 | 1.21 | 1.06 | 0.85 |
| Inventory turnover | - | - | 6.39 | 3.61 | 3.90 | 6.75 |
| Days sales outstanding | 47d | 42d | 44d | 46d | 67d | 74d |
| Days inventory outstanding | - | - | 57d | 101d | 94d | 54d |
| Days payable outstanding | - | - | 25d | 28d | 32d | 26d |
| Cash conversion cycle | - | - | 75d | 120d | 128d | 101d |
| Valuation | ||||||
| P / E | - | - | - | - | 17.4x | 94.4x |
| P / B | 1.0x | 3.0x | 1.6x | 1.3x | 2.4x | 1.5x |
| P / S | 0.2x | 0.7x | 0.3x | 0.4x | 0.7x | 0.6x |
| EV / EBITDA | 25.5x | 10.1x | - | 17.4x | 6.1x | 7.3x |
| Growth | ||||||
| Revenue growth (YoY) | -13.5% | -4.2% | -17.1% | 28.5% | 57.7% | -17.9% |
| Revenue CAGR (3y) | -11.8% | 0.7% | 18.9% | 18.5% | 34.1% | 15.2% |
| Revenue CAGR (5y) | 6.8% | 5.7% | 20.8% | 25.4% | - | - |
| Gross profit growth (YoY) | - | - | -23.3% | 13.9% | 52.9% | -11.8% |
| Operating income growth (YoY) | - | - | -771.0% | - | 305.5% | -49.5% |
| Net income growth (YoY) | -357.7% | 90.4% | -1817.6% | - | 1008.3% | -66.2% |
| EPS growth (YoY) | -342.9% | 91.2% | -1672.2% | - | 881.8% | -69.4% |
| EPS CAGR (3y) | - | - | - | - | 42.9% | 40.1% |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 95.8% | - | -32.8% | 83.0% |
| FCF CAGR (5y) | - | 13.3% | - | - | - | - |
| Book value growth (YoY) | -20.3% | 0.5% | -37.0% | 14.5% | 32.8% | 7.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$908.21M totalReportable Segment$908.21M · 100.0%
Product / service
$908.21M totalCore Collectibles$723.33M · 79.6%
Loungefly LLC$155.03M · 17.1%
Other Products Excluding Core Collectibles And Loungefly Brands$29.85M · 3.3%
Geographic
$908.21M totalUS$546.33M · 60.2%
Europe$288.35M · 31.7%
Non Us$73.53M · 8.1%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Games, Toys & Children's Vehicles (No Dolls & Bicycles)
Comparing Funko against the 4 most active filers in the same SIC group.