Funko, Inc. (FNKO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, everyone, and welcome to Funko's 2025 Fourth Quarter Financial Results Conference Call. I'm Katie Wilson, and I'm here at the Funko Store in Hollywood. With me are Josh Simon, our Chief Executive Officer, and Eve Lapendovin, our Chief Financial Officer. Welcome, guys. Hello. Josh, I have heard this is one of your favorite places in Los Angeles. It is. It is, yeah. I've been on the job for about six months now. I think I've spent the majority of my time in this store. They actually gave me a key to the store earlier this week so I can come and go, you know, even after hours. But what I love about being here is it really embodies the strength and how much fun the Funko brand is. You kind of see around us here from an IP standpoint. k-pop demon hunters mickey mouse michael jordan in the background come here over the weekends and there's people from all over the world all ages all demographics and it's really fun watching them kind of discover their favorite fandom or ip and so we thought it would be a fun new way to do the earnings call from here today so how have your first six months been Well, see, we're just getting back from the toy fair circuit, so London Toy Fair, Nuremberg, New York Toy Fair. I've been going to these toy fairs for a while in various capacities, and I can say definitely I've felt more energy around the Funko brand than I have in a bit. It was really fun to meet with our licensors and retailers. In Q4, we also had a great presence at New York Comic Con, so I had a great chance to meet with a lot of our fans and YouTubers. And so the energy was great. And we're seeing that energy translate into momentum on the business side. In Q4, our net sales were better than expected. Profitability at the higher end of expectations. And I know Eve will dive...