Funko is in trouble, and it isn’t the usual retail slump or a bad quarter that some would shrug off as a temporary blip. The company behind Pop figures has laid out numbers that look ugly on their own and even worse when you compare them to last year.
The second quarter was the big hit. Funko lost about 41 million dollars, the kind of hole that takes time to climb out of.
The third quarter looked calmer but was still in the red, with losses just under a million — sounds gentler until you remember they were making almost 9 million in profit during the same stretch in 2024. Q3 revenue dropped, too, slipping from just under three hundred million…