The licensed-merchandise business is often viewed as a near‑sure bet, yet even this sector isn’t immune to fierce competition. Funko, best known for its POP! vinyl figures, has run into severe financial distress.
The brand’s catalogue now tops 25,000 distinct items, but the company finds itself perilously close to insolvency. According to recent financial filings, Funko may not remain viable through 2026. Without a sale or fresh investor support, it could be forced to wind down operations.
Revenues have dropped by almost 14%, while liabilities continue to climb with no sign of stabilizing. The situation is critical — 1,283 employees work for the company, and many could lose their jobs if the downturn isn’t halted.
Executives at Funko have formally acknowledged that there is “serious doubt” about the company’s ability to continue as a going concern. Once a thriving business, it now appears trapped by overproduction and flawed pricing strategies, putting its long‑term future at risk.
Source: iXBT.games