FNKO (Funko, Inc.) Stock Financials & Earnings | Market Cap Arena

FNKO (Funko, Inc.) Stock Financials & Earnings | Market Cap Arena

FNKOFunko, Inc.

Mkt Cap$251M

Consumer Cyclical·Leisure·🇺🇸 United States·NASDAQ

Revenue (TTM)$929M

Net Income (TTM)-$69M

EPS (TTM)-$1.27

Free Cash Flow (TTM)-$9M

Gross Margin37.6%

Op. Margin-5.0%

Net Margin-7.4%

FCF Margin-1.0%

P/S Ratio (TTM)0.3x

P/E Ratio (TTM)—

YoY Rev Growth-11.3%

Employees—

Earnings Reports

Next: Q4 2025 · Mar 12

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$333M	$94M	-$58M
Q1 23	$252M	$80M	-$64M
Q2 23	$240M	$70M	-$31M
Q3 23	$313M	$110M	-$5M
Q4 23	$291M	$103M	-$3M
Q1 24	$216M	$86M	-$15M
Q2 24	$248M	$104M	$11M
Q3 24	$293M	$120M	$12M
Q4 24	$294M	$124M	$5M
Q1 25	$191M	$77M	-$23M
Q2 25	$193M	$48M	-$35M
Q3 25	$251M	$101M	$6M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q4 22	0.2x	—
Q1 23	0.2x	—
Q2 23	0.2x	—
Q3 23	0.2x	—
Q4 23	0.2x	—
Q1 24	0.2x	—
Q2 24	0.2x	—
Q3 24	0.2x	—
Q4 24	0.2x	—
Q1 25	0.2x	—
Q2 25	0.3x	—
Q3 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$25M	$13M
Q1 23	-$30M	-$43M
Q2 23	$18M	$8M
Q3 23	$9M	$1M
Q4 23	$34M	$30M
Q1 24	$15M	$10M
Q2 24	$46M	$37M
Q3 24	$3M	-$4M
Q4 24	$60M	$48M
Q1 25	-$22M	-$29M
Q2 25	-$22M	-$32M
Q3 25	$11M	$3M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$12M
Q1 23	$13M
Q2 23	$10M
Q3 23	$8M
Q4 23	$4M
Q1 24	$4M
Q2 24	$9M
Q3 24	$8M
Q4 24	$12M
Q1 25	$7M
Q2 25	$10M
Q3 25	$8M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	-1.0%	+25.7%
Q1 23	-18.3%	+9.6%
Q2 23	-24.0%	-11.8%
Q3 23	-14.4%	-8.6%
Q4 23	-12.6%	-24.7%
Q1 24	-14.4%	-27.1%
Q2 24	+3.2%	-12.4%
Q3 24	-6.4%	-11.7%
Q4 24	+0.9%	-2.1%
Q1 25	-11.6%	-7.2%
Q2 25	-21.9%	-3.7%
Q3 25	-14.3%	-13.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$0	0.0%
Q1 23	$4M	1.4%
Q2 23	$0	0.0%
Q3 23	-$916K	-0.3%
Q4 23	$3M	1.0%
Q1 24	$4M	1.8%
Q2 24	$3M	1.3%
Q3 24	$3M	1.2%
Q4 24	$3M	1.0%
Q1 25	$3M	1.7%
Q2 25	$3M	1.6%
Q3 25	$3M	1.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 22	$10M	$70M	$27M
Q4 23	$8M	$60M	$31M
Q1 24	—	$75M	$7M
Q2 24	—	$71M	$9M
Q3 24	—	$77M	$15M
Q4 24	$7M	$49M	$52M
Q1 25	—	$74M	$11M
Q2 25	—	$74M	$9M
Q3 25	—	$68M	$11M

Revenue by Geography

Quarter	Europe	Non-US	United States
Q4 22	$64M	$28M	$241M
Q1 23	$59M	$15M	$178M
Q2 23	$50M	$18M	$171M
Q3 23	$83M	$21M	$209M
Q4 23	$75M	$18M	$198M
Q1 24	$54M	$15M	$146M
Q2 24	$60M	$24M	$163M
Q3 24	$74M	$24M	$194M
Q4 24	$95M	$21M	$178M
Q1 25	$54M	$15M	$122M
Q2 25	$58M	$18M	$118M
Q3 25	$74M	$21M	$155M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$19M	$0	$19M
Q1 23	$35M	$0	$35M
Q2 23	$37M	$0	$37M
Q3 23	$32M	$0	$32M
Q4 23	$36M	$0	$36M
Q1 24	$26M	$0	$26M
Q2 24	$42M	$0	$42M
Q3 24	$29M	$0	$29M
Q4 24	$35M	$0	$35M
Q1 25	$26M	$0	$26M
Q2 25	$49M	$0	$49M
Q3 25	$39M	$0	$39M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	47M	-5.0%
Q1 23	47M	+0.1%
Q2 23	47M	+0.4%
Q3 23	48M	+1.7%
Q4 23	50M	+4.5%
Q1 24	51M	+0.6%
Q2 24	53M	+3.7%
Q3 24	53M	+1.6%
Q4 24	52M	-2.6%
Q1 25	54M	+2.9%
Q2 25	54M	+1.6%
Q3 25	55M	+0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 15	—	—
FY 16	—	—
FY 17	$881K	586
FY 18	$977K	702
FY 19	$790K	1K
FY 20	$840K	777
FY 21	$945K	1K
FY 22	$902K	1K
FY 23	$864K	1K
FY 24	$818K	1K