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Side-by-side financial comparison of Bandwidth Inc. (BAND) and Funko, Inc. (FNKO). Click either name above to swap in a different company.

Funko, Inc. is the larger business by last-quarter revenue ($273.1M vs $208.8M, roughly 1.3× Bandwidth Inc.). Bandwidth Inc. runs the higher net margin — 1.9% vs -0.1%, a 2.0% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs -7.0%). Funko, Inc. produced more free cash flow last quarter ($19.2M vs $-1.0M). Over the past eight quarters, Funko, Inc.'s revenue compounded faster (12.5% CAGR vs 9.7%).

Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.

Funko Inc. is an American company that manufactures licensed and limited pop culture collectibles, known for its licensed vinyl figurines and bobbleheads. In addition, the company produces licensed plush, action figures, apparel, accessories and games. Founded in 1998 by Mike Becker and Claudia Becker, Funko was originally conceived as a small project to create various low-tech, nostalgia-themed toys. The company's first manufactured bobblehead was of the Big Boy restaurant mascot.

BAND vs FNKO — Head-to-Head

Bigger by revenue
FNKO
FNKO
1.3× larger
FNKO
$273.1M
$208.8M
BAND
Growing faster (revenue YoY)
BAND
BAND
+27.1% gap
BAND
20.1%
-7.0%
FNKO
Higher net margin
BAND
BAND
2.0% more per $
BAND
1.9%
-0.1%
FNKO
More free cash flow
FNKO
FNKO
$20.2M more FCF
FNKO
$19.2M
$-1.0M
BAND
Faster 2-yr revenue CAGR
FNKO
FNKO
Annualised
FNKO
12.5%
9.7%
BAND

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAND
BAND
FNKO
FNKO
Revenue
$208.8M
$273.1M
Net Profit
$4.0M
$-183.0K
Gross Margin
37.3%
Operating Margin
60.5%
2.2%
Net Margin
1.9%
-0.1%
Revenue YoY
20.1%
-7.0%
Net Profit YoY
200.0%
87.8%
EPS (diluted)
$-0.08
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAND
BAND
FNKO
FNKO
Q1 26
$208.8M
Q4 25
$207.7M
$273.1M
Q3 25
$191.9M
$250.9M
Q2 25
$180.0M
$193.5M
Q1 25
$174.2M
$190.7M
Q4 24
$210.0M
$293.7M
Q3 24
$193.9M
$292.8M
Q2 24
$173.6M
$247.7M
Net Profit
BAND
BAND
FNKO
FNKO
Q1 26
$4.0M
Q4 25
$-183.0K
Q3 25
$-1.2M
$901.0K
Q2 25
$-4.9M
$-40.5M
Q1 25
$-3.7M
$-27.6M
Q4 24
$-1.5M
Q3 24
$413.0K
$4.3M
Q2 24
$4.1M
$5.1M
Gross Margin
BAND
BAND
FNKO
FNKO
Q1 26
37.3%
Q4 25
37.6%
Q3 25
38.5%
Q2 25
39.8%
Q1 25
41.0%
Q4 24
36.4%
Q3 24
37.7%
40.9%
Q2 24
37.3%
42.0%
Operating Margin
BAND
BAND
FNKO
FNKO
Q1 26
60.5%
Q4 25
-1.9%
2.2%
Q3 25
-1.0%
2.6%
Q2 25
-2.1%
-18.0%
Q1 25
-2.7%
-12.2%
Q4 24
-1.3%
1.8%
Q3 24
-0.5%
4.0%
Q2 24
-3.5%
4.3%
Net Margin
BAND
BAND
FNKO
FNKO
Q1 26
1.9%
Q4 25
-0.1%
Q3 25
-0.6%
0.4%
Q2 25
-2.7%
-20.9%
Q1 25
-2.1%
-14.5%
Q4 24
-0.5%
Q3 24
0.2%
1.5%
Q2 24
2.3%
2.1%
EPS (diluted)
BAND
BAND
FNKO
FNKO
Q1 26
$-0.08
Q4 25
$-0.10
$0.00
Q3 25
$-0.04
$0.02
Q2 25
$-0.16
$-0.74
Q1 25
$-0.13
$-0.52
Q4 24
$0.27
$-0.01
Q3 24
$0.01
$0.08
Q2 24
$-0.17
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAND
BAND
FNKO
FNKO
Cash + ST InvestmentsLiquidity on hand
$47.3M
$42.1M
Total DebtLower is stronger
$100.3M
Stockholders' EquityBook value
$405.7M
$185.8M
Total Assets
$984.2M
$685.2M
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
FNKO
FNKO
Q1 26
$47.3M
Q4 25
$111.3M
$42.1M
Q3 25
$80.4M
$39.2M
Q2 25
$68.1M
$49.2M
Q1 25
$41.7M
$25.9M
Q4 24
$83.8M
$34.7M
Q3 24
$79.9M
$28.5M
Q2 24
$76.4M
$41.6M
Total Debt
BAND
BAND
FNKO
FNKO
Q1 26
Q4 25
$100.3M
Q3 25
$106.0M
Q2 25
$111.6M
Q1 25
$117.2M
Q4 24
$122.8M
Q3 24
$128.4M
Q2 24
$133.9M
Stockholders' Equity
BAND
BAND
FNKO
FNKO
Q1 26
$405.7M
Q4 25
$400.0M
$185.8M
Q3 25
$392.7M
$182.7M
Q2 25
$384.5M
$181.2M
Q1 25
$345.4M
$212.8M
Q4 24
$312.5M
$233.0M
Q3 24
$336.6M
$236.5M
Q2 24
$307.4M
$223.5M
Total Assets
BAND
BAND
FNKO
FNKO
Q1 26
$984.2M
Q4 25
$1.1B
$685.2M
Q3 25
$1.0B
$699.3M
Q2 25
$1.0B
$694.9M
Q1 25
$964.4M
$648.4M
Q4 24
$989.2M
$707.3M
Q3 24
$1.0B
$783.6M
Q2 24
$1.0B
$737.8M
Debt / Equity
BAND
BAND
FNKO
FNKO
Q1 26
Q4 25
0.54×
Q3 25
0.58×
Q2 25
0.62×
Q1 25
0.55×
Q4 24
0.53×
Q3 24
0.54×
Q2 24
0.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAND
BAND
FNKO
FNKO
Operating Cash FlowLast quarter
$28.1M
Free Cash FlowOCF − Capex
$-1.0M
$19.2M
FCF MarginFCF / Revenue
-0.5%
7.0%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-38.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
FNKO
FNKO
Q1 26
Q4 25
$38.6M
$28.1M
Q3 25
$22.2M
$11.2M
Q2 25
$31.7M
$-22.2M
Q1 25
$-3.1M
$-22.3M
Q4 24
$36.5M
$59.8M
Q3 24
$20.5M
$3.3M
Q2 24
$24.4M
$45.9M
Free Cash Flow
BAND
BAND
FNKO
FNKO
Q1 26
$-1.0M
Q4 25
$19.2M
Q3 25
$3.4M
Q2 25
$-31.8M
Q1 25
$-28.8M
Q4 24
$47.8M
Q3 24
$-4.2M
Q2 24
$36.8M
FCF Margin
BAND
BAND
FNKO
FNKO
Q1 26
-0.5%
Q4 25
7.0%
Q3 25
1.3%
Q2 25
-16.5%
Q1 25
-15.1%
Q4 24
16.3%
Q3 24
-1.4%
Q2 24
14.9%
Capex Intensity
BAND
BAND
FNKO
FNKO
Q1 26
Q4 25
3.3%
Q3 25
3.1%
Q2 25
5.0%
Q1 25
3.4%
Q4 24
4.1%
Q3 24
2.6%
Q2 24
3.7%
Cash Conversion
BAND
BAND
FNKO
FNKO
Q1 26
Q4 25
Q3 25
12.47×
Q2 25
Q1 25
Q4 24
Q3 24
49.55×
0.77×
Q2 24
6.03×
8.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAND
BAND

Segment breakdown not available.

FNKO
FNKO

Core Collectibles$221.0M81%
Loungefly LLC$43.1M16%
Other Products Excluding Core Collectibles And Loungefly Brands$9.0M3%

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