Funko, Inc. Class A (FNKO)

Funko, Inc.'s stock price has experienced significant events in the past six months. On November 6, 2025, Funko reported its Q3 2025 financial results, where net sales fell short of analyst estimates, but adjusted EPS surpassed estimates, leading to a surge in the stock price. Other notable events include a rating upgrade, an expansion of its relationship with Amazon Shipping, concerns over production and sales, news indicating a lack of holiday cheer, reports suggesting shaky sales but a strategic shift to profitability, and the appointment of Reed Duchscher to the Board of Directors. The stock price as of February 6, 2026, was $3.98 per share, a significant decline from $14.11 per share on February 6, 2025.

Demand for Funko, Inc. products exhibits seasonality, particularly influenced by consumer spending habits and promotional periods. Consumers are increasingly seeking value and being cautious with holiday season spending, leading to a higher propensity to make purchases during major promotional events such as Black Friday and Cyber Monday. Sales outside of these key promotional windows may be negatively impacted.

Funko, Inc. is a pop culture consumer products company specializing in licensed items within the Consumer Discretionary sector. The company's business model relies on licensing agreements with entertainment franchises and its major product lines include Pop!, Loungefly, and Mondo. Funko aims to provide consumers with a tangible connection to their favorite fandoms, catering to a broad audience.

Funko, Inc. has a global geographic footprint, designing, manufacturing, and marketing its licensed pop culture products in the United States, Europe, and internationally. The company operates through its e-commerce platforms and an international network of retail partners. Funko also has flagship retail locations in Everett, Washington, and Hollywood, California and has expanded its international presence with licensed and partner stores in the United Arab Emirates and China, and a new location in the Philippines.

Funko's brand reputation in the past year has been characterized by efforts to maintain its position as a leading pop culture lifestyle brand, despite facing some challenges. Funko has actively pursued strategies to attract new fans by diversifying into sports, gaming, and music. Funko saw strong initial demand for its "Pop! Yourself" initiative and a successful national NFL campaign. While Funko's Q3 2025 earnings showed profitability exceeding expectations, net sales experienced a year-over-year decline, and the company reportedly stated that it "may not last much longer due to over production and poor sales". Funko offered good sales during the holiday season, and its products remained affordable.

Funko, Inc. is primarily owned by institutional shareholders and insiders. Institutional shareholders hold 82.69% of the company, while Funko insiders hold 166.31%, and retail investors hold 0.00%. Major institutional owners include TCG Capital Management, L.P., Fund 1 Investments, LLC, Northwestern Mutual Wealth Management Co, BlackRock, Inc., Vanguard Group Inc, Nomura Holdings Inc, Dimensional Fund Advisors Lp, Hosking Partners LLP, Jpmorgan Chase & Co, and Citadel Advisors Llc. The largest individual Funko shareholder is Gino Dellomo, who owns 24.42 million shares, representing 44.08% of the company.