Filing Flows › Funko (FNKO) › Q1 2026
Funko (FNKO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Funko (FNKO) reported revenue of $201M for the first quarter 2026 (Q1 2026), +5% from a year earlier and -26% from the quarter before. Operating margin was -4.8%, net loss $18.1M (9.0% of revenue).
Funko, Q1 2026: revenue $201M (+5% year over year), operating margin -4.8%, net loss $18.1M, operating cash flow $10.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $201M | -26% | +5% |
| Operating profit | −$9.6M | -261% | — |
| Net earnings | −$18.1M | — | — |
| Operating cash flow | $10.2M | -64% | — |
| Free cash flow | $1.9M | -90% | — |
What changed
Revenue was $200.9M in Q1 2026, up 5% year over year and down 26% from the previous quarter. Core Collectible was the largest line at 84% of revenue. Core Collectible added $24.3M year over year (up 17%), 239% of the total change. Other declined 55%.
Operating costs exceeded revenue by $9.6M, an operating margin of -4.8%. Total costs fell 2% while revenue rose 5%. The quarter ended with a net loss of $18.1M, wider than the previous quarter's $180K loss.
Operating cash flow was $10.2M. Non-cash charges added back $14.8M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $11.1M. Capital expenditures of $8.2M left free cash flow of $1.9M.
Questions
What was Funko's revenue in the first quarter 2026?
Funko (FNKO) reported revenue of $201M for the first quarter 2026 (Q1 2026), +5% from a year earlier and -26% from the quarter before.
Was Funko profitable in the first quarter 2026?
Operating loss was $9.6M (-4.8% of revenue) and net loss $18.1M.
Source: Funko 10-Q on SEC EDGAR.