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Funko, Inc. FNKO Obligations under tax receivable agreement

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Other financials

Income statement

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Revenue$207.7M+7.4%
Gross profit$117.6M+89.6%
Operating income$22.1M+164%
Net income$15.4M+138%
EPS (diluted)$0.27+136%

Balance sheet

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Cash & equivalents$40.7M-17.2%
Total debt$261.4M+40.3%
Total equity$187.7M+3.6%
Total assets$653.7M-5.9%

Cash flow

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Operating cash flow$13.5M+161%
CapEx$10.7M+11.2%
Free cash flow$2.7M+109%

Valuation

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Market cap$294.83M+51.3%
Enterprise value$515.48M+55.3%
P/S0.3×+0.1×

Profitability

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Gross margin44.9%+5.4pp
Operating margin-5%-5.4pp
Net margin-0.2%-0.1pp
FCF margin-1.3%

Returns & leverage

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Return on equity-1.1%-0.5pp
Debt / equity1.4×+0.4×
Current ratio1.2×+0.5×

Where this comes from

Reported directly by Funko, Inc. in its filing.

Tagged under the XBRL concept fnko:LiabilitiesUnderTaxReceivableAgreementGross.

The source filing: Funko, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001704711-26-000045

During the three months ended June 30, 2026, the Company paid $249,000 to the TRA Parties in respect of the certified tax year 2024 payment under the Tax Receivable Agreement. The remaining recorded TRA liability as of June 30, 2026 was not material. As a result of the full valuation allowance on the deferred tax assets, and projected inability to fully utilize all or part of the related tax benefits, the Company determined that certain payments to the TRA Parties related to unrealized tax benefits under the TRA were no longer probable. The estimated gross outstanding balance of the TRA liability was $102.4 million and $102.5 million as of June 30, 2026 and December 31, 2025, respectively.

Item 1. Financial Statements

FAQ

What is Funko, Inc.'s obligations under tax receivable agreement?
Funko, Inc. (FNKO) reported obligations under tax receivable agreement of $102.4M in Q2 2026.
How has Funko, Inc.'s obligations under tax receivable agreement changed year-over-year?
Funko, Inc.'s obligations under tax receivable agreement decreased by 0.4% year-over-year, from $102.8M to $102.4M.
What does obligations under tax receivable agreement mean?
Obligations under tax receivable agreement as reported by Funko, Inc. Class A Common Stock.

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