Funko Inc. (FNKO) Releases Q1 2026 Earnings: Revenue Growth and Improved Gross Profit but Continued Losses

Funko Inc. (FNKO) reported first-quarter 2026 results with revenue growth and improved gross profit but continued operating and net losses.

Revenue rose 5.3% year‑over‑year to $200.9 million.

Gross profit increased 15.6% to $88.8 million.

Operating loss widened to -$9.6 million, down 58.5% versus a year earlier.

Net loss attributable to common shareholders was -$18.1 million, a 34.5% decline year‑over‑year.

Diluted EPS was -0.33, versus an analyst estimate of -0.3434.

Funko beat the revenue estimate of $192.4 million and posted a slightly better-than-expected diluted EPS (reported -0.33 vs. estimate -0.3434), signaling modest outperformance on top‑line and per‑share metrics despite continuing losses.

Cash from operating activities fell sharply to $10.2 million (down 145.6% year‑over‑year).

Purchases of property, plant and equipment totaled -$8.2 million, up 25.3% year‑over‑year.

Cash and cash equivalents rose 32.2% to $34.3 million.

Total liabilities increased 5.1% to $456.5 million.

Overall, Funko’s first quarter shows revenue and gross margin improvement alongside tighter operating and net results; the company generated positive operating cash but at a much lower level than a year ago, while maintaining a stronger cash balance and slightly higher liabilities.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Funko Inc. Insider Trading Activity

Funko Inc. insiders have traded $FNKO stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.

Here’s a breakdown of recent trading of $FNKO stock by insiders over the last 6 months:

ANDREW DAVID ODDIE (CHIEF INTERNATIONAL OFFICER) has made 0 purchases and 4 sales selling 16,838 shares for an estimated $68,167.
TRACY D DAW (CHIEF LEGAL OFFICER) sold 12,793 shares for an estimated $46,656
HUSNAL SHAH (Chief Product Officer) has made 0 purchases and 5 sales selling 7,619 shares for an estimated $30,067.
PENDEVEN YVES LE (CFO) has made 0 purchases and 4 sales selling 7,223 shares for an estimated $29,020.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

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Funko Inc. Hedge Fund Activity

We have seen 53 institutional investors add shares of Funko Inc. stock to their portfolio, and 51 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 3,400,795 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,712,504
SHAY CAPITAL LLC removed 2,035,555 shares (-89.2%) from their portfolio in Q4 2025, for an estimated $6,920,887
CITADEL ADVISORS LLC removed 1,039,210 shares (-81.4%) from their portfolio in Q4 2025, for an estimated $3,533,314
JPMORGAN CHASE & CO removed 794,678 shares (-59.3%) from their portfolio in Q4 2025, for an estimated $2,701,905
JACOBS LEVY EQUITY MANAGEMENT, INC added 769,648 shares (+434.3%) to their portfolio in Q4 2025, for an estimated $2,616,803
JANE STREET GROUP, LLC removed 618,730 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $2,103,682
GROUP ONE TRADING LLC removed 533,669 shares (-86.7%) from their portfolio in Q4 2025, for an estimated $1,814,474

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.