NASDAQ : FNKO
Funko, Inc. — Financial statements
Consumer Discretionary · Leisure · United States
Last price 6.69 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 375.22M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Funko, Inc. (FNKO) reported revenue of 932.64M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 932.64M | 908.21M | 1.05B | 1.10B | 1.32B | 1.03B |
| Cost of Revenue | 539.23M | 556.94M | 615.32M | 732.78M | 888.68M | 648.30M |
| Gross Profit | 393.41M | 351.27M | 434.53M | 363.30M | 434.02M | 380.99M |
| Selling, General & Admin | 334.06M | 337.71M | 356.87M | 377.06M | 398.27M | 244.33M |
| Operating Expenses | 393.91M | 396.81M | 419.45M | 436.83M | 445.94M | 285.53M |
| Operating Income | -493.00K | -45.54M | 15.08M | -73.53M | -11.92M | 95.47M |
| Interest Expense | -20.89M | -19.18M | -20.57M | -27.97M | -10.33M | -7.17M |
| Currency Exchange Gain (Loss) | 130.00K | -405.00K | -2.40M | |||
| Other Non Operating Income (Expenses) | 774.00K | 1.19M | -524.00K | 100.35M | -787.00K | -2.71M |
| EBT Excluding Unusual Items | -20.48M | -63.94M | -8.41M | -1.15M | -23.04M | 85.59M |
| Merger & Restructuring Charges | -30.30M | |||||
| Other Unusual Items | 25.40M | -2.09M | -494.00K | -675.00K | ||
| Pretax Income | 4.92M | -63.94M | -10.51M | -31.94M | -23.04M | 84.92M |
| Income Tax Expense | 6.83M | 4.36M | 4.56M | 132.50M | -17.80M | 17.06M |
| Earnings From Continuing Operations | -1.91M | -68.30M | -15.07M | -164.44M | -5.24M | 67.85M |
| Minority Interest in Earnings | -59.00K | 935.00K | 352.00K | 10.36M | -2.79M | -23.95M |
| Net Income | -1.97M | -67.36M | -14.72M | -154.08M | -8.04M | 43.90M |
| Net Income to Common | -1.97M | -67.36M | -14.72M | -154.08M | -8.04M | 43.90M |
| Shares Outstanding (Basic) | 55.23M | 54.39M | 52.04M | 48.33M | 44.55M | 38.39M |
| Shares Outstanding (Diluted) | 55.23M | 54.39M | 52.04M | 48.33M | 44.55M | 40.61M |
| EPS (Basic) | -0.04 | -1.24 | -0.28 | -3.19 | -0.18 | 1.14 |
| EPS (Diluted) | -0.04 | -1.24 | -0.28 | -3.19 | -0.18 | 1.08 |
| Free Cash Flow | 27.24M | -38.09M | 90.73M | -4.20M | -99.28M | 59.60M |
| Free Cash Flow Per Share | 0.49 | -0.70 | 1.74 | -0.09 | -2.23 | 1.47 |
| Gross Margin | 42.18% | 38.68% | 41.39% | 33.15% | 32.81% | 37.02% |
| Operating Margin | -0.05% | -5.01% | 1.44% | -6.71% | -0.90% | 9.28% |
| Profit Margin | -0.21% | -7.42% | -1.40% | -14.06% | -0.61% | 4.26% |
| Free Cash Flow Margin | 2.92% | -4.19% | 8.64% | -0.38% | -7.51% | 5.79% |
| EBITDA | 59.35M | 13.55M | 77.67M | -13.76M | 35.75M | 136.66M |
| EBITDA Margin | 6.36% | 1.49% | 7.40% | -1.26% | 2.70% | 13.28% |
| D&A For EBITDA | 59.85M | 59.10M | 62.58M | 59.76M | 47.67M | 41.20M |
| EBIT | -493.00K | -45.54M | 15.08M | -73.53M | -11.92M | 95.47M |
| EBIT Margin | -0.05% | -5.01% | 1.44% | -6.71% | -0.90% | 9.28% |
| Effective Tax Rate | 138.91% | 20.09% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 40.71M | 42.15M | 34.66M | 36.45M | 19.20M | 83.56M |
| Cash & Short-Term Investments | 40.71M | 42.15M | 34.66M | 36.45M | 19.20M | 83.56M |
| Receivables | 93.56M | 117.02M | 119.88M | 130.83M | 167.90M | 187.69M |
| Inventory | 88.80M | 85.42M | 94.42M | 121.89M | 248.93M | 167.54M |
| Prepaid Expenses | 29.44M | 45.81M | 36.42M | 38.95M | 25.88M | 13.81M |
| Other Current Assets | 22.10M | 1.68M | 8.69M | 11.27M | ||
| Total Current Assets | 274.61M | 290.40M | 287.06M | 336.82M | 473.17M | 452.60M |
| Property, Plant & Equipment | 106.17M | 115.61M | 131.20M | 152.83M | 173.30M | 112.29M |
| Goodwill | 133.85M | 133.90M | 133.65M | 133.79M | 131.38M | 126.65M |
| Other Intangible Assets | 127.92M | 135.83M | 151.55M | 167.39M | 181.28M | 189.62M |
| Long-Term Deferred Tax Assets | 123.89M | 74.41M | ||||
| Long-Term Deferred Charges | 3.10M | 3.00M | 6.90M | |||
| Other Long-Term Assets | 11.19M | 9.51M | 3.79M | 4.65M | 5.11M | 5.03M |
| Total Assets | 653.75M | 685.23M | 707.25M | 798.59M | 1.09B | 967.50M |
| Accounts Payable | 58.21M | 64.75M | 63.13M | 52.92M | 67.65M | 57.24M |
| Accrued Expenses | 126.80M | 93.87M | 88.26M | 81.97M | 117.32M | 126.22M |
| Short-Term Debt | 1.50M | 1.12M | 60.00M | 120.50M | 70.00M | |
| Current Portion of Long-Term Debt | 16.94M | 21.93M | 22.51M | 22.07M | 22.04M | 17.39M |
| Current Portion of Leases | 16.99M | 18.79M | 17.10M | 17.49M | 18.90M | 14.96M |
| Current Income Taxes Payable | 871.00K | 15.99M | ||||
| Current Unearned Revenue | 15.50M | 17.64M | 13.27M | 9.91M | 8.67M | |
| Other Current Liabilities | 25.82M | 41.53M | 47.91M | 55.94M | 53.20M | |
| Total Current Liabilities | 235.93M | 243.92M | 305.79M | 352.77M | 361.40M | 285.01M |
| Long-Term Debt | 182.66M | 202.25M | 100.30M | 130.99M | 153.78M | 155.82M |
| Long-Term Leases | 43.27M | 48.68M | 60.39M | 71.31M | 82.36M | 50.46M |
| Long-Term Deferred Tax Liabilities | 382.00K | 648.00K | ||||
| Other Long-Term Liabilities | 3.87M | 4.26M | 4.41M | 5.48M | 103.54M | 79.01M |
| Total Liabilities | 465.73M | 499.10M | 470.90M | 560.54M | 701.46M | 570.95M |
| Common Stock | 5.00K | 5.00K | 5.00K | 5.00K | 5.00K | 5.00K |
| Additional Paid-In Capital | 362.53M | 357.33M | 343.47M | 326.18M | 310.81M | 252.50M |
| Retained Earnings | -178.83M | -176.14M | -108.78M | -94.06M | 60.02M | 68.05M |
| Comprehensive Income & Other | 4.00M | 4.62M | -1.68M | -180.00K | -2.60M | 1.08M |
| Total Common Equity | 187.70M | 185.81M | 233.02M | 231.94M | 368.22M | 321.64M |
| Minority Interest | 318.00K | 316.00K | 3.33M | 6.10M | 21.46M | 74.92M |
| Shareholders' Equity | 188.02M | 186.13M | 236.35M | 238.04M | 389.69M | 396.56M |
| Total Liabilities & Equity | 653.75M | 685.23M | 707.25M | 798.59M | 1.09B | 967.50M |
| Total Debt | 261.36M | 292.77M | 260.31M | 362.35M | 347.08M | 238.63M |
| Net Cash (Debt) | -220.65M | -250.63M | -225.65M | -325.90M | -327.88M | -155.07M |
| Net Cash Per Share | -3.99 | -4.61 | -4.34 | -6.74 | -7.36 | -3.82 |
| Filing Date Shares Outstanding | 56.00M | 55.44M | 53.89M | 50.79M | 47.23M | 40.20M |
| Total Common Shares Outstanding | 55.99M | 55.33M | 52.97M | 50.55M | 47.19M | 40.09M |
| Working Capital | 38.69M | 46.48M | -18.73M | -15.96M | 111.78M | 167.59M |
| Book Value Per Share | 3.35 | 3.36 | 4.40 | 4.59 | 7.80 | 8.02 |
| Tangible Book Value | -74.07M | -83.91M | -52.18M | -69.24M | 55.56M | 5.37M |
| Tangible Book Value Per Share | -1.32 | -1.52 | -0.99 | -1.37 | 1.18 | 0.13 |
| Machinery | 174.26M | 208.03M | 217.13M | 185.05M | 145.10M | |
| Construction In Progress | 16.00K | 121.00K | 173.00K | 7.35M | 7.19M | |
| Leasehold Improvements | 69.42M | 68.40M | 74.03M | 68.16M | 44.11M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.97M | -67.36M | -14.72M | -154.08M | -8.04M | 43.90M |
| Depreciation & Amortization | 59.85M | 59.10M | 62.58M | 59.76M | 47.67M | 41.20M |
| Other Amortization | 1.12M | |||||
| Stock-Based Compensation | 10.36M | 11.54M | 13.60M | 10.53M | 16.59M | 12.99M |
| Other Operating Activities | -1.99M | -2.81M | 3.31M | 16.03M | -8.22M | 24.53M |
| Change in Accounts Receivable | 4.94M | 6.19M | 9.62M | 40.51M | 19.07M | -56.65M |
| Change in Inventory | 11.41M | 11.81M | 26.22M | 122.48M | -82.21M | -107.17M |
| Change in Accounts Payable | -8.77M | 426.00K | 9.28M | -17.97M | 11.04M | 26.93M |
| Change in Income Taxes | -274.00K | -274.00K | -597.00K | 75.00K | -15.02M | 15.59M |
| Change in Other Net Operating Assets | -10.60M | -23.74M | 14.22M | -46.41M | -21.02M | 84.92M |
| Operating Cash Flow | 62.95M | -5.12M | 123.52M | 30.93M | -40.13M | 87.36M |
| Capital Expenditures | -35.71M | -32.97M | -32.79M | -35.13M | -59.15M | -27.76M |
| Cash Acquisitions | -5.36M | -19.48M | 199.00K | |||
| Other Investing Activities | 93.00K | 1.06M | 7.56M | 699.00K | 562.00K | 179.00K |
| Investing Cash Flow | -35.62M | -31.90M | -25.23M | -39.80M | -78.06M | -27.38M |
| Short-Term Debt Issued | 85.00M | 40.00M | 71.00M | 120.00M | ||
| Long-Term Debt Issued | 20.00M | 180.00M | ||||
| Total Debt Issued | 85.00M | 40.00M | 71.00M | 140.00M | 180.00M | |
| Short-Term Debt Repaid | -20.00M | -100.50M | -20.50M | -50.00M | ||
| Long-Term Debt Repaid | -23.13M | -31.10M | -22.58M | -18.00M | -198.38M | |
| Total Debt Repaid | -52.91M | -43.13M | -131.60M | -43.08M | -68.00M | -198.38M |
| Net Debt Issued (Repaid) | -52.91M | 41.87M | -91.60M | 27.92M | 72.00M | -18.38M |
| Issuance of Common Stock | 3.79M | |||||
| Common Dividends Paid | -1.00K | |||||
| Other Financing Activities | 15.51M | 171.00K | -7.64M | -2.32M | -17.36M | -14.05M |
| Financing Cash Flow | -37.40M | 42.04M | -99.24M | 25.60M | 54.64M | -28.63M |
| Foreign Exchange Rate Adjustments | 1.62M | 2.48M | -852.00K | 518.00K | -797.00K | -51.00K |
| Net Cash Flow | -8.44M | 7.49M | -1.80M | 17.25M | -64.36M | 31.30M |
| Free Cash Flow | 27.24M | -38.09M | 90.73M | -4.20M | -99.28M | 59.60M |
| Free Cash Flow Margin | 2.92% | -4.19% | 8.64% | -0.38% | -7.51% | 5.79% |
| Free Cash Flow Per Share | 0.49 | -0.70 | 1.74 | -0.09 | -2.23 | 1.47 |
| Levered Free Cash Flow | 49.22M | -2.74M | 101.39M | 67.60M | -95.93M | 59.35M |
| Unlevered Free Cash Flow | 62.28M | 9.25M | 114.25M | 85.08M | -89.47M | 62.71M |
| Cash Interest Paid | 27.34M | 18.34M | 20.95M | 24.64M | 8.86M | 5.68M |
| Cash Income Tax Paid | 5.36M | 5.36M | 3.90M | 1.06M | 22.36M | 1.46M |
| Change in Working Capital | -3.29M | -5.58M | 58.74M | 98.69M | -88.14M | -36.38M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 357.27M | 186.13M | 705.96M | 389.63M | 514.77M | 750.68M |
| Enterprise Value | 577.92M | 460.11M | 985.43M | 759.40M | 864.06M | 970.93M |
| Last Close Price | 6.37 | 3.40 | 13.39 | 7.73 | 10.91 | 18.80 |
| PE Ratio | 17.10 | |||||
| Forward PE | 24.50 | 17.85 | 51.84 | 79.05 | 24.89 | 15.18 |
| PS Ratio | 0.38 | 0.20 | 0.67 | 0.35 | 0.39 | 0.73 |
| PB Ratio | 1.90 | 1.00 | 2.99 | 1.64 | 1.32 | 1.89 |
| P/TBV Ratio | 9.27 | 139.84 | ||||
| P/FCF Ratio | 13.11 | 7.78 | 12.60 | |||
| P/OCF Ratio | 5.68 | 5.71 | 12.60 | 8.59 | ||
| PEG Ratio | 0.22 | 0.22 | 0.22 | 1.28 | 0.38 | |
| EV/Sales Ratio | 0.62 | 0.51 | 0.94 | 0.69 | 0.65 | 0.94 |
| EV/EBITDA Ratio | 9.74 | 33.95 | 12.69 | 24.17 | 7.11 | |
| EV/EBIT Ratio | 65.33 | 10.17 | ||||
| EV/FCF Ratio | 21.21 | 10.86 | 16.29 | |||
| Debt / Equity Ratio | 1.39 | 1.57 | 1.10 | 1.52 | 0.89 | 0.60 |
| Debt / EBITDA Ratio | 3.52 | 9.25 | 2.55 | 24.10 | 5.80 | 1.56 |
| Debt / FCF Ratio | 9.59 | 2.87 | 4.00 | |||
| Net Debt / Equity Ratio | 1.17 | 1.35 | 0.95 | 1.37 | 0.84 | 0.39 |
| Net Debt / EBITDA Ratio | 3.72 | 18.49 | 2.90 | -23.68 | 9.17 | 1.14 |
| Net Debt / FCF Ratio | 8.10 | -6.58 | 2.49 | -77.67 | -3.30 | 2.60 |
| Asset Turnover | 1.38 | 1.30 | 1.39 | 1.16 | 1.28 | 1.19 |
| Inventory Turnover | 5.67 | 6.19 | 5.69 | 3.95 | 4.27 | 5.67 |
| Quick Ratio | 0.57 | 0.65 | 0.51 | 0.47 | 0.52 | 0.95 |
| Current Ratio | 1.16 | 1.19 | 0.94 | 0.95 | 1.31 | 1.59 |
| Return on Equity (ROE) | -1.03% | -32.33% | -6.35% | -52.39% | -1.33% | 18.87% |
| Return on Assets (ROA) | -0.05% | -4.09% | 1.25% | -4.86% | -0.72% | 6.89% |
| Return on Invested Capital (ROIC) | 0.05% | -10.13% | 2.94% | -11.47% | -1.88% | 14.07% |
| Return on Capital Employed (ROCE) | -0.10% | -10.30% | 3.80% | -16.50% | -1.60% | 14.00% |
| Earnings Yield | -0.64% | -36.19% | -2.08% | -39.55% | -1.56% | 5.85% |
| FCF Yield | 7.63% | -20.46% | 12.85% | -1.08% | -19.29% | 7.94% |
| Buyback Yield / Dilution | -3.60% | -4.50% | -7.68% | -8.48% | -9.71% | -13.53% |