Does FUNKO, INC. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores FUNKO, INC. (FNKO) 32.5 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 58, returns on capital 21, balance-sheet safety 0, capital discipline 44.

How has FNKO's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 32.5 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

FUNKO, INC.

FNKO · Consumer Discretionary · $316.5M mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power58

Median gross margin 36.3% over 8y, stable.

Returns on capital21

Median ROIC 6.7%, above the 9% hurdle in 40% of years.

Balance-sheet safety0

Net debt/EBITDA 13.5x, interest coverage 0x.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale

No price data

Owner earnings (normalized): —
Est. intrinsic value / share: —
Recent price: $5.82
Discount to value: No price data

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

There's no normalized fundamentals series for FNKO yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale32.5 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — FNKO has read No moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Consumer Discretionary context

#256 of 340 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

#254CLAR CLARUS CORPORATION33.0 out of 100, No moatNo moat
#255GTCH GBT TECHNOLOGIES INC.32.5 out of 100, No moatNo moat
#257HZO MARINEMAX INC32.4 out of 100, No moatNo moat
#258LBRA 1847 HOLDINGS LLC32.4 out of 100, No moatNo moat

Compare FNKO with its nearest peers →All Consumer Discretionary companies on the Index →

Common questions about FNKO

Does FUNKO, INC. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores FUNKO, INC. (FNKO) 32.5 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 58, returns on capital 21, balance-sheet safety 0, capital discipline 44.
How has FNKO's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 32.5 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell FNKO. See the disclaimer.