Funko (FNKO), best known as the maker of the iconic pop culture collectibles, has been highly exposed to economic headwinds like tariffs and recession risks this year. With much of its production based outside the U.S., mainly in Vietnam and China, along with facilities in Mexico, Cambodia, and the U.S., the company’s global exposure has weighed heavily on its stock performance in 2025.
That pressure came into sharp focus recently during the company’s latest earnings call, when CFO Yves LePendeven highlighted a potential $45 million hit to the bottom line from tariffs, especially as Funko is holding off on price hikes for now. Nevertheless, after months of tariff turmoil, luck finally swung Funko’s way.
