Pop culture collectibles maker Funko tops estimates for Q4 net sales

Funko

12/03/2026 20:40

Overview

Funko's Q4 net sales fell 7% but beat analyst expectations

Company cited strong sales of entertainment properties and Bitty Pop! for Q4 performance

Company reduced inventory and paid down $16 mln of debt in Q4

Outlook

Funko sees 2026 net sales flat to up 3% vs 2025

Company expects 2026 gross margin of 41% to 43%

Funko forecasts 2026 adjusted EBITDA of $70 mln to $80 mln

Result Drivers

ENTERTAINMENT PROPERTIES - Co said strong sales of KPop Demon Hunters, Stranger Things, Bitty Pop! and Pop! Yourself in Europe drove Q4 performance

CATEGORY MIX - Loungefly sales rose 1.8% while core collectibles fell 5% and 'Other' dropped 51.7% in Q4

Company press release: ID:nBw7hkkhba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$273.10 mln
$260.67 mln (3 Analysts)
Q4 Adjusted Net Income
Beat
$2.50 mln
$800,000 (1 Analyst)
Q4 Net Income
-$180,000
Q4 Adjusted EBITDA
$23.30 mln
Q4 Income from Operations
$5.97 mln
Q4 Operating Expenses
$267.12 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the toys & children's products peer group is "buy"

Wall Street's median 12-month price target for Funko Inc is $5.00, about 11.2% above its March 11 closing price of $4.50

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)