Toy maker Funko, known for its popular Pop! figures, is facing serious financial difficulties. Recent reports suggest the company might not be able to stay in business for another year. Funko has become a major name in collectibles, partnering with franchises like Power Rangers, WWE, and Pokémon. However, it appears the company’s financial problems are more significant than previously known.
Funko is known for creating special, limited-edition versions of its popular collectibles, and often partners with other brands to create unique figures. Earlier this year, they released a large, cartoon-style Optimus Prime figure from the classic 1980s Transformers series. They’ve even ventured into video games with Funko Fusion, a crossover game featuring characters from over 20 different franchises. However, a recent report suggests that Funko’s future is uncertain.
Funko Is Reportedly in Severe Financial Trouble
A recent report filed with the Securities and Exchange Commission reveals that Funko is facing serious financial difficulties, raising concerns about the company’s long-term viability. Sales have dropped 20% compared to last year, resulting in a $1 million loss for the third quarter of 2025. Funko admits in the report that it has significant doubts about its ability to continue operating for the next year, and the company has accumulated almost $250 million in debt.
Funko is facing challenges as it tries to expand beyond its core products. In early 2023, the company launched “Bitty Pops” – smaller, more affordable versions of its popular figures. Funko is also quickly releasing products tied to new movies and franchises, such as a Superman line connected to the recent film by James Gunn.
Funko’s potential struggles could significantly impact the collectibles market, as the company has become a major presence with its popular pop culture figures. The disappointing launch of their new Funko Fusion game recently led to layoffs at the game’s developer, 10:10 Games, affecting almost 20 employees. Furthermore, Funko’s extensive licensing agreements – covering over 1,000 brands for their Pop line – may be reducing the company’s profits. The next year will be critical in determining whether Funko can overcome its current financial difficulties.
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2025-11-10 05:03