Funko Q3 net sales beat estimates, reiterates flat FY sales outlook
FNKO•Funko’s Q3 net sales rose 3% to $258.34 million, beating the $250.70 million estimate, while adjusted EBITDA increased to $32.14 million from $24.4 million a year earlier. It maintained its 2026 outlook for flat to 3% net sales growth and adjusted EBITDA of $100 million to $110 million.
1. Quarterly results
Funko reported Q3 net sales of $258.34 million, up 3% and above the $250.70 million analyst estimate. Adjusted EBITDA rose to $32.14 million from $24.4 million a year earlier.
2. Sales and outlook
Core collectibles sales increased 4.8%, while Loungefly sales fell 9.8%. Sales rose 11.5% in Europe and 12.1% in other international markets, offsetting a 2.4% decline in the U.S. Funko maintained its 2026 guidance for net sales to be flat to up 3%, gross margin of 46% to 47%, and adjusted EBITDA of $100 million to $110 million; the outlook includes a Q2 tariff benefit.
