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Funko, Inc. — Third Quarter 2026 Earnings Summary

  • Net sales rose 3.0% year-over-year to $258.3 million, while net income surged to $7.5 million ($0.13/share) from $0.9 million ($0.02/share) in the prior year, driven by a gross margin expansion to 45.2% from 40.2%.
  • The company reiterated full-year 2026 guidance for flat to 3% net sales growth, 46%–47% gross margin, and $100 million–$110 million Adjusted EBITDA, all inclusive of a $25.4 million Q2 tariff-related benefit.
  • Core Collectibles sales grew 4.8% year-over-year to $210.1 million, offsetting a 9.8% decline in Loungefly sales, while total debt decreased to $195.9 million from $241.0 million a year ago.
  • Strategic focus remains on rationalizing Loungefly SKUs and expanding through new initiatives including WWE integration, the "A Court of Thorns and Roses" franchise, and a dedicated FAO Schwarz shop.
Company
FUNKO INC
Sector
Consumer Cyclical
Industry
Leisure