Funko Q2 FY26 net income swings to USD 15.4 million; net sales rise 7% to USD 207.7 million
FNKO•Quarterly results
- Funko posted Q2 net sales up 7.4% to USD 207.7 million; net income swung to USD 15.4 million, or USD 0.27 a share.
- Gross margin widened 24.5 percentage points to 56.6%; results included a USD 25.4 million pre-tax tariff-related benefit.
- Adjusted EBITDA turned positive to USD 40.9 million; total debt fell to USD 201.1 million at June 30 from USD 225.3 million at Dec. 31.
Segment performance and outlook
- Core Collectibles sales rose 9% to USD 171.6 million, while Loungefly slipped 1.7% to USD 31.3 million on SKU rationalization.
- Funko reiterated full-year net sales guidance of flat to up 3%, raising adjusted EBITDA to USD 100 million-USD 110 million.
