Slide 1: Q2 2026 Earnings
Q2 2026 EARNINGS August 6, 2026
Slide 2: Presentation Disclosures
Presentation Disclosures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looking statements, i
Slide 3: Table of Contents
POP! Premium Godzilla (Heat Table of Contents Ray) Executive Summary 4 Financial Summary 6 Strategic Progress 11 Appendix 21 Q2'26 EARNINGS | 3
Slide 4: Executive Summary
Executive Summary Q2’26EARNINGS Q2'26 EARNINGS|| 44
Slide 5: Executive Summary
Executive Summary Sales Growth Drivers in Q2 2026 ▪ Net sales +7% ▪ Core Collectibles +9% ▪ Europe +19% Profitability ▪ Record gross margin of 56.6%, which includes a $25.4 million benefit from the recognition of expected tariff refunds and the release of accrued tariffs, compared to 32.1% in Q2 202
Slide 6: Financial Summary
A Goofy Movie - Powerline, Max, & Goofy Figure Set Financial Summary Q4 EARNINGS | 2025 Q2’26 EARNINGS | 6
Slide 7: Q2'26 Results vs Guidance
Q2’26 Results vs Guidance Guidance Actual Commentary $195M to $205M, up Q2 sales ($208M) Continued strong sales across European and North American Net sales 1% to 6% compared were UP 7% vs wholesale channels. Loungefly sales were down slightly but with Q2 2025 Q2 2025 benefited from increased SKU pr
Slide 8: Q2'26 Net Sales Bridge
Q2’26 Net Sales Bridge $0.6M $14.2M $207.7M +15.2% −1.7% +9.0% ($0.5M) $193.5M +7.4% Q2-2025 Core Collectibles Loungefly Other Sales Q2-2026 Core Collectibles: Net sales related to Core Collectibles increased $14.2M, led by Standard Pop! and Bitty Pop! product lines. Loungefly: Net sales declined on
Slide 9: Top 10 Properties
Q2’26 32% Top 10 Properties of Q2 Net Sales 1. 6. 2. 7. 3. 8. 4. 9. 5. 10. Q2'26 EARNINGS | 9
Slide 10: 2026 Outlook
2026 Outlook Q3’26 Full-Year Commentary on Full-Year Outlook Guidance Outlook Reiterating net sales guidance of flat to up 3%. Core Collectibles sales expected to grow high-single-digit %, offset Net sales Q3 Net Sales approximately flat Net Sales guidance of by a double-digit % decrease in Loungefl
Slide 11: Strategic Progress
Strategic Progress Q4 EARNINGS | 2025 Q2’26 EARNINGS | 11
Slide 12: Make Culture Pop! Is Becoming a More Deliberate and Disciplined Growth Engine
MAKE CULTURE POP! IS BECOMING A MORE DELIBERATE AND We are connecting cultural sensing, repeatable product creation and disciplined channel execution DISCIPLINED GROWTH ENGINE to improve growth quality and returns. CULTURE CREATIVITY COMMERCE GENERATES DEMAND GIVES IT FORM PUTS IT IN FANS' HANDS Sen
Slide 13: Hyper Strike Moments
CULTURE GENERATES DEMAND HYPER STRIKE MOMENTS At Fanatics Fest, our first hyper strike—an ultra-limited WWE x Garbage Pail Kids collaboration—sold out almost immediately. The launch demonstrated our ability to respond to a timely cultural collision, activate multiple collector communities and test d
Slide 14: New Fandoms
CULTURE GENERATES DEMAND NEW FANDOMS Funko tapped into trending book-tok to screen adaptations with pre-order offerings for Heated Rivalry and Off Campus, capturing the momentum behind the hockey romance genre, alongside Obsession, the summer’s breakout film featuring the new horror icon character N
Slide 15: Championship Titles
CULTURE GENERATES DEMAND CHAMPIONSHIP TITLES To commemorate the New York Knicks’ first NBA Championship in 53 years, Funko launched a limited NBA Championship Finals 5-pack pre-order for one of basketball’s most passionate fan bases. This offering captures a historic cultural moment in New York spor
Slide 16: Pop! Mystery
CREATIVITY GIVES IT FORM POP! MYSTERY The Hunt Is On! Pop! Mystery represents a natural expansion of the Funko Pop! portfolio, reflecting growing consumer interest in blind- box collectibles and surprise-based experiences. The format offers fans a new way to discover and engage with Funko products w
Slide 17: Pop! Keychains
CREATIVITY GIVES IT FORM POP! KEYCHAINS Pocket-Sized Surprise, Everywhere You Go Mystery Pocket Pop! Key Chains bring Funko’s characters into a compact, functional format that consumers can carry, display, and personalize. The blind-box element adds excitement to the purchase experience, while frequ
Slide 18: Expand Fan Discovery
COMMERCE PUTS IT IN FANS’ HANDS EXPAND FAN DISCOVERY Dynamic window displays and prominent end caps increase product visibility and create engaging moments of discovery at retail. These placements help fans encounter new characters, licenses, and product formats, while giving retail partners a flexi
Slide 19: Make Culture Pop! Comes to Life at San Diego Comic-Con
MAKE CULTURE POP! COMES TO LIFE AT SAN DIEGO COMIC-CON Throughout the week, fans lined up to shop exclusives, take part in interactive experiences, meet fellow collectors, and celebrate the fandoms they love. From the Funko and Mondo booths to experiences like Pop! Mystery and Spider-Man Pop! Yourse
Slide 20: Brand Highlights
BRAND HIGHLIGHTS KPop Demon Hunters Toy Story 5 Bob’s Burgers Accessories Introduced a new Saja Boys Delivered a high-visibility launch timed to Added a highly recognizable franchise to Sustained double-digit growth in bag collection, building on continued the theatrical release, supported by the po
Slide 21: Appendix
Appendix Q4 EARNINGS | 2025 Q2’26 EARNINGS | 21
Slide 22: Reconciliation of Non-GAAP Financial Metrics
Reconciliation of Non-GAAP Financial Metrics Three Months Ended June 30, 2026 2025 (Amounts in thousands) Net income (loss) attributable to Funko, Inc. $ 15,384 $ (40,490) Reallocation of net income (loss) attributable to non-controlling interests from the assumed exchange of 61 (514) common units o
Slide 23: Reconciliation of Non-GAAP Financial Metrics cont'd
Reconciliation of Non-GAAP Financial Metrics cont'd Three Months Ended June 30, 2026 2025 (Amounts in thousands, except percentages) Net income (loss) $ 15,445 $ (41,004) Interest expense, net 5,198 4,522 Income tax expense 1,016 848 Depreciation and amortization 15,767 14,528 EBITDA $ 37,426 $ (21,
Slide 24: Reconciliation of Non-GAAP Financial Metrics cont'd
Reconciliation of Non-GAAP Financial Metrics cont'd (1) Represents the reallocation of net income attributable to non-controlling interests from the assumed exchange of common units of FAH, LLC for Class A common stock in periods in which income was attributable to non-controlling interests. (2) Rep
Slide 25: Q2 Tariff Refund Credit Impact Reconciliation
Q2 Tariff Refund Credit Impact Reconciliation 2026 2025 (Amounts in thousands, except percentages) Net Sales $ 207,719 $ 193,469 Cost of sales (excl. D&A) 90,090 131,429 Gross Profit 117,629 62,040 Gross Margin % 56.6% 32.1% Less: Tariff Refund Credit (25,411) — Gross Profit - Excluding Tariff Refun