Funko, Inc. (FNKO) AI Stock Analysis

Funko, Inc. designs, sources, and distributes licensed pop culture merchandise across the United States, Europe, and international markets. Established in 2017 and based in Everett, Washington, the company creates vinyl figures, blind-packed miniature collectibles, action figures, plush toys, and board games. It also produces apparel, homewares, and fashion accessories such as bags, backpacks, and wallets, while recently expanding into digital non-fungible tokens (NFTs). Funko markets under brands including Funko, Pop!, Loungefly, Mystery Minis, Paka Paka, Vinyl Gold, Funko Soda, and Funko Games. It sells across specialty retailers, mass-market retailers, e-commerce, distributors, comic book shows, and conventions.

Funko's revenue expanded to $1.32B in FY2022 before retreating to $1.10B in FY2023, $1.05B in FY2024, and $908.2M in FY2025, reflecting a 13.5% decrease in the most recent fiscal year. Gross margin stood at 38.7% in FY2025, down from 41.4% in FY2024, while operating margin fell to -5.0%. Net income finished at -$67.4M with an eps of -$0.76 in FY2025, following a net income of -$14.7M in FY2024. Over the 5-year period from FY2020 to FY2025, revenue delivered a CAGR of 6.8%. In the latest quarter ended June 30, 2026, quarterly revenue growth improved by 7.4% year-over-year, although quarterly earnings growth dropped 79.4%.

As of June 30, 2026, Funko held $40.7M in cash and short-term investments alongside $261.4M in total debt, resulting in net debt of $220.6M. Its debt-to-equity ratio reached 1.39 against shareholders' equity of $187.7M, while the current ratio stood at 1.16. For FY2025, operating cash flow turned negative at -$5.1M and free cash flow landed at -$38.1M, with capital expenditures taking $33.0M. Additionally, the company's share count increased 31.9% over 5 years.

Funko trades at a forward P/E of 10.6x and an EV to EBITDA of 6.1x, below the median of its US-listed Consumer Cyclical peers at 14.1x forward earnings and 11.1x EV to EBITDA. Its price-to-sales multiple is 0.4x compared to the peer median of 0.7x, while its price-to-book ratio is 1.6x. As of October 16, 2026, the stock closed at $6.63, with an enterprise value of $518.5M. FNKO generated a 1-year return of 113.9%, substantially outperforming the S&P 500 return of 16.8%, yet its 5-year return of -65.3% trails the S&P 500 gain of 83.0%.

Wall Street coverage consists of 1 Strong Buy and 1 Hold rating, with 0 Buy, Sell, or Strong Sell recommendations. The mean price target is $7.25, representing a 9.4% premium over the last close of $6.63 on October 16, 2026. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $935.3M and an EPS of $0.45, reflecting an EPS growth estimate of 163.6%. The company beat EPS estimates in each of the last 4 quarters, and the next earnings date is November 5, 2026.

This page is an AI-written research summary of Funko, Inc. (FNKO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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