Cassie Smith, inventory manager, stocks shelves with vinyl figures in 2020 at the Funko store on Wetmore Avenue in Everett. (Andy Bronson / The Herald)

Cassie Smith, inventory manager, stocks shelves with vinyl figures in 2020 at the Funko store on Wetmore Avenue in Everett. (Andy Bronson / The Herald)

Everett-based Funko reports $41M loss in the 2nd quarter

The pop culture collectables company reported the news during an earnings call on Thursday.

EVERETT — Funko, the pop culture collectables brand based in Everett, reported Thursday a $41 million loss in the second quarter ending June 30.

Funko Interim CEO Mike Lunsford reported the news during an earnings call.

“As expected, our 2025 second quarter performance was impacted by a dynamic and uncertain tariff environment,” Lunsford said.

The loss contrasts with a $5.4 million profit for the retailer in the same three month quarter a year earlier.

The company reported net sales of $193.5 million in the latest quarter compared with $247.7 million in the 2024 second quarter.

Overall, the company said it saw a $69 million loss in the first half of the year from January through June.

The earnings call was held after the markets closed on Thursday. The company’s stock closed Thursday at $3.66 a share on the NASDAQ stock exchange, up 1.9% from Wednesday.

This is a developing story. Check back for further details.

Randy Diamond: 425-339-3097; randy.diamond@heraldnet.com.

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