If you’re a collector of Funko Pop figures, this information is for you, as the company has decided to raise the prices of its products, mainly due to the impact of tariffs, meaning you’ll now need to spend more to complete your collections. Here are all the details.
Why did Funko raise its prices?
Funko, known for its popular collectible figures, reported net sales of $193.5 million in the second quarter, a 22% decrease compared to the previous year. Despite this drop in revenue, the company managed to turn around a $41 million loss from the same period last year into a net profit of $5.4 million.
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In a recent statement, Funko announced that it filed with the SEC a public offering that will allow it to sell common shares for up to $40 million. Additionally, it hired an external firm to advise on refinancing its debt, which is due in September 2026.
To offset the impact of tariffs, the company implemented a 20% workforce reduction, increased prices, and accelerated the relocation of production outside China. Funko expects better results in the second half of the year.
New prices for Funko Pop figures
So far, the company has not specified the exact increase for products in the U.S.; however, some figures have gone from $12 to $15.
What are Funko Pop figures?
Funko Pop has become one of the most popular collectibles thanks to its distinctive design: small figures with oversized heads and simplified features. Behind this successful line is Funko, which not only produces these figures but has also expanded into clothing, accessories, and a wide range of pop culture products.
The variety of characters is huge, covering comic book heroes and villains, celebrities, athletes, and characters from movies and TV shows. Its most notable collaborations include official licenses with entertainment giants such as Marvel, DC Comics, Disney, and many other well-known franchises. This allows fans to find Funko versions of almost any character they can imagine, making the brand a global favorite among collectors.
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History of Funko
Funko Pop began in a garage in Snohomish, Washington, as a small American project. The venture started in 1998, led by three friends—Mike Becker, Sean Wilkinson, and Rob Schwartz—who wanted to bring their favorite characters to life through collectible figures.
Initially, the company was called “Fun Company,” but the founders soon combined the words “Fun” and “Company,” creating the brand we know today: Funko.
Their first model, Computer Bob, with a computer-shaped head, paved the way, but true success came with the “Big Boy” figure, based on a fast-food restaurant chain. These figures sold out quickly, confirming public interest in this type of collectible.
In 2005, Brian Marotti acquired the company and currently leads Funko, consolidating its growth and turning it into an international phenomenon in the world of collectible figures.
What is the most expensive Funko in the world?
The most expensive known Funko Pop is the Freddy Funko figure dressed as Venom, valued at $40,000 and limited to just 24 units. Another highly sought-after piece by collectors is the Willy Wonka and Oompa Loompa set, known as the Golden Ticket Pack, which has a selling price of $210,000. These figures stand out for their rarity and exclusivity, making them true treasures in the world of Funko Pop collectibles.
