Funko investors react to poor earnings call: shares plummet more than 35%
Aug 8, 2025, 8:44 AM | Updated: 10:55 am
Funko Pop! Vinyl figurine bobble-heads are displayed. (Photo: Paul Butterfield, Getty Images)
(Photo: Paul Butterfield, Getty Images)
Everett-based collectibles company Funko reported a $41 million loss in the second quarter on Thursday, according to .
The loss is a massive swing in the opposite direction from the 2024 second quarter, when Funko reported a $5.4 million profit.
RELATED STORIES
Funko reports major losses in earnings call
Interim CEO of Funko Pop!, Mike Lunsford, attributed the lackluster second-quarter earnings to economic uncertainty.
鈥淎s expected, our 2025 second quarter performance was impacted by a dynamic and uncertain tariff environment,鈥� Lunsford said.
Funko reported net sales of $193.5 million in this year’s second quarter. In comparison, Funko reported net sales of $247.7 million in the second quarter of 2024.
Over the first half of the year, Funko confirmed that it saw a loss of $69 million between January and June.
Funko’s earnings call was held after market close on Thursday, when the company’s stock closed at $3.66 per share on the NASDAQ stock exchange.
After the market opened on Friday, had dropped more than 35%, now at $2.35 per share, as of this reporting.
Follow Jason Sutich聽.听厂别苍诲听news tips here.
