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Funko (FNKO) Q3 Earnings: What To Expect

FNKO Cover Image

Pop culture collectibles manufacturer Funko (NASDAQ: FNKO) will be reporting earnings this Thursday after market hours. Here’s what to expect.

Funko beat analysts’ revenue expectations by 5.2% last quarter, reporting revenues of $193.5 million, down 21.9% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates.

Is Funko a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Funko’s revenue to decline 10.5% year on year to $262 million, a further deceleration from the 6.4% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.09 per share.

Funko Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Funko has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 3.1% on average.

Looking at Funko’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Hasbro delivered year-on-year revenue growth of 8.3%, beating analysts’ expectations by 3.2%, and Mattel reported a revenue decline of 5.9%, falling short of estimates by 5.5%. Hasbro traded up 2.1% following the results while Mattel was down 3%.

Read our full analysis of Hasbro’s results here and Mattel’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7% on average over the last month. Funko is down 12.2% during the same time and is heading into earnings with an average analyst price target of $3.75 (compared to the current share price of $2.92).

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