{ "ok": true, "cik": "1704711", "ticker": "FNKO", "name": "FUNKO, INC.", "filings": [ { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000045/0001704711-26-000045-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000044/0001704711-26-000044-index.htm" }, { "form": "8-K", "filed": "2026-06-04", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1704711/000119312526257385/0001193125-26-257385-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000036/0001704711-26-000036-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000034/0001704711-26-000034-index.htm" }, { "form": "DEF 14A", "filed": "2026-04-22", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000026/0001704711-26-000026-index.htm" } ], "events12m": 8, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2026-03-06", "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000008/0001704711-26-000008-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001704711.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1704711" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up FUNKO, INC. ($FNKO). Last filing: 10-Q, 2026-08-06. 8 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 908209000, "revenueGrowth1y": -0.13491546411392108, "revenueGrowthPerYear": -0.03080381604441018, "yearsOfData": 5, "operatingMargin": -0.05014594658277995, "operatingMarginPrior": 0.012374148687907796, "netMargin": -0.07519744904531886, "operatingCashFlow": -5120000, "capitalSpending": 32965000, "freeCashFlow": -38085000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 42148000, "longTermDebt": 225303000, "longTermDebtChange": 0.23240981319913567, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 1029293000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 1322706000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 1096086000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 1049850000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 908209000 } ], "totalEquity": 185814000, "totalAssets": 685234000, "equityRatio": 0.271168681063695, "returnOnEquity": -0.36754496431915784, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -1.24, "sharesOutstanding": 54386924, "bookValuePerShare": 3.4165197502252562, "revenuePerShare": 16.699032289452518, "range80": { "low": 602250373.8295267, "high": 1008555021.1336243, "baseline": 793456325.2517213, "n": 4309, "band": "b01", "bandLabel": "$100M–1B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.19762706394985038, "classVolatility": 0.1022985825903761, "volatility": 0.1573554199979115 }, "ifPaceHeld": { "low": 602250373.8295267, "high": 1008555021.1336243 } }, "edgarette": "🔖 Exposure: revenue $908.2M (FY2025), total debt $225.3M. Experience: revenue down 13.5% on the year, down 3.1% a year over 4 years; operating margin -5.0%, down from 1.2%. Soundness: equity 27.1% of assets, return on equity -36.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $602.3M and $1.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $528.6M to $1.2B. A statistical range, not company guidance. Against peers (13 filers, $50M+ revenue, its industry group): operating margin -5.0% against a 0.2% median; growth -13.5% against -4.5%.", "peers": { "sic": 3944, "sicDescription": "Games, Toys & Children's Vehicles (No Dolls & Bicycles)", "calendarYear": 2025, "minRevenue": 50000000, "depth": 3, "group": "394", "growth": [ -0.0451, 13 ], "opMargin": [ 0.0021, 13 ], "equityRatio": [ 0.4313, 12 ], "returnOnEquity": [ 0.0394, 10 ] }, "summary": "Funko (FNKO) saw revenue fall 13.5% in FY2025 to $908 million, operating margin -5.0% against a 0.2% median for games, toys & children's vehicles (no dolls & bicycles), equity 27.1% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
FUNKO, INC. against its own record and its peers
Operating marginPeer median 0.2%-5.0%Revenue, on the yearPeer median -4.5%-13.5%Equity of assetsPeer median 43.1%27.1%Return on equityPeer median 3.9%-36.8%Gold tick: the median of 10–12 peers with $50M+ revenue in games, toys & children's vehicles (no dolls & bicycles)
", "chartHorizon": null, "backtest": { "tests": 6, "hits": 3, "rate": 0.5, "method": "v4", "byYear": { "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T21:00:26.515Z", "hash": "74f73b426022c640", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Funko (FNKO) saw revenue fall 13.5% in FY2025 to $908 million, operating margin -5.0% against a 0.2% median for games, toys & children's vehicles (no dolls & bicycles), equity 27.1% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 908209000, "totalDebt": 225303000, "cash": 42148000 }, "experience": { "revenueGrowth1y": -0.13491546411392108, "revenueGrowthPerYear": -0.03080381604441018, "operatingMargin": -0.05014594658277995, "operatingMarginPrior": 0.012374148687907796, "netMargin": -0.07519744904531886, "freeCashFlow": -38085000 }, "soundness": { "equityRatio": 0.271168681063695, "returnOnEquity": -0.36754496431915784, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 3944, "sicDescription": "Games, Toys & Children's Vehicles (No Dolls & Bicycles)", "calendarYear": 2025, "minRevenue": 50000000, "depth": 3, "group": "394", "growth": [ -0.0451, 13 ], "opMargin": [ 0.0021, 13 ], "equityRatio": [ 0.4313, 12 ], "returnOnEquity": [ 0.0394, 10 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2026-03-06", "url": "https://www.sec.gov/Archives/edgar/data/1704711/000170471126000008/0001704711-26-000008-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 602250373.8295267, "high": 1008555021.1336243, "baseline": 793456325.2517213, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4309, "sizeBand": "$100M–1B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.19762706394985038, "classVolatility": 0.1022985825903761, "pricedVolatility": 0.1573554199979115, "k": 3 }, "stress": { "low": 528601283.8500978, "high": 1155110797.704466, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 6, "hits": 3, "rate": 0.5, "method": "v4", "byYear": { "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-27T21:00:26.515Z", "hash": "74f73b426022c640", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001704711.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1704711" }, "speedCash": { "fiscalYear": 2025, "cashConversion": -0.0056, "growth3y": -0.1178, "volatility": 0.1976, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.2712, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns -0.6% of revenue into operating cash; revenue shrinking 11.8% a year over three years; no common dividend.", "outside": "Among $100M-1B companies: 24th percentile for cash, 10th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$100M-1B", "cashPctInClass": 24, "growthPctInClass": 10, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "cash", "text": "operating cash flow was negative" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±25%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 3, "name": "Old boat", "plain": "three warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": -5120000, "investing": -31902000, "financing": 42037000, "capitalSpending": 32965000, "free": -38085000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 87362000, "free": 59603000 }, { "fiscalYearEnd": "2022-12-31", "operating": -40134000, "free": -99282000 }, { "fiscalYearEnd": "2023-12-31", "operating": 30935000, "free": -4196000 }, { "fiscalYearEnd": "2024-12-31", "operating": 123524000, "free": 90733000 }, { "fiscalYearEnd": "2025-12-31", "operating": -5120000, "free": -38085000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 42148000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 685234000, "ladder": null, "currentRatio": 1.19, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": -0.0056, "growth3y": -0.1178, "volatility": 0.1976, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.2712, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns -0.6% of revenue into operating cash; revenue shrinking 11.8% a year over three years; no common dividend.", "outside": "Among $100M-1B companies: 24th percentile for cash, 10th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$100M-1B", "cashPctInClass": 24, "growthPctInClass": 10, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "cash", "text": "operating cash flow was negative" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±25%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 3, "name": "Old boat", "plain": "three warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": -5120000, "investing": -31902000, "financing": 42037000, "capitalSpending": 32965000, "free": -38085000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 87362000, "free": 59603000 }, { "fiscalYearEnd": "2022-12-31", "operating": -40134000, "free": -99282000 }, { "fiscalYearEnd": "2023-12-31", "operating": 30935000, "free": -4196000 }, { "fiscalYearEnd": "2024-12-31", "operating": 123524000, "free": 90733000 }, { "fiscalYearEnd": "2025-12-31", "operating": -5120000, "free": -38085000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 42148000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 685234000, "ladder": null, "currentRatio": 1.19, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }