Funko have reported their financial results for Q3 2025, with net sales down to $250.9 million compared with $292.8 million in the same quarter in 2024 and a reported loss of just under a million, leading to suggestions that 2026 will be a pivotal year if the business is to succeed.
Josh Simon, Chief Executive Officer of Funko, had this to say…
“We delivered a solid 2025 third quarter performance, with net sales in line with internal expectations and gross margin and bottom-line profitability well ahead of expectations. Sales of our Bitty Pop! line, which made Walmart’s 2025 Top Toy List, was a key contributor, and our strong gross margin benefited from the swift implementation earlier this year of our tariff mitigation plans.
I’m only 60 days into the role, but it’s already clear how powerful the Funko brand is and how much growth opportunity lies ahead. Our Make Culture POP! strategy is all about being at the center of the moments everyone is talking about. Beginning with lightning-fast launches like KPop Demon Hunters—where we’ll be one of the only licensees on shelves this holiday season—we’re moving fast to turn pop culture into products, expanding into new fandoms, delivering bold retail experiences, and celebrating the creativity that makes Funko unique.”
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