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Side-by-side financial comparison of EPR PROPERTIES (EPR) 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 $182.9M, roughly 1.5× EPR PROPERTIES). EPR PROPERTIES runs the higher net margin — 36.6% vs -0.1%, a 36.6% gap on every dollar of revenue. On growth, EPR PROPERTIES posted the faster year-over-year revenue change (3.2% vs -7.0%). EPR PROPERTIES produced more free cash flow last quarter ($269.2M vs $19.2M). Over the past eight quarters, Funko, Inc.'s revenue compounded faster (12.5% CAGR vs 4.6%).

EPR Properties, formerly Entertainment Properties Trust, is a real estate investment trust based in Kansas City, Missouri, that invests in amusement parks, movie theaters, ski resorts, and other entertainment properties. It owns 353 properties as of 2022.

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.

EPR vs FNKO — Head-to-Head

Bigger by revenue
FNKO
FNKO
1.5× larger
FNKO
$273.1M
$182.9M
EPR
Growing faster (revenue YoY)
EPR
EPR
+10.2% gap
EPR
3.2%
-7.0%
FNKO
Higher net margin
EPR
EPR
36.6% more per $
EPR
36.6%
-0.1%
FNKO
More free cash flow
EPR
EPR
$250.0M more FCF
EPR
$269.2M
$19.2M
FNKO
Faster 2-yr revenue CAGR
FNKO
FNKO
Annualised
FNKO
12.5%
4.6%
EPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EPR
EPR
FNKO
FNKO
Revenue
$182.9M
$273.1M
Net Profit
$66.9M
$-183.0K
Gross Margin
Operating Margin
56.8%
2.2%
Net Margin
36.6%
-0.1%
Revenue YoY
3.2%
-7.0%
Net Profit YoY
897.0%
87.8%
EPS (diluted)
$0.80
$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
EPR
EPR
FNKO
FNKO
Q4 25
$182.9M
$273.1M
Q3 25
$182.3M
$250.9M
Q2 25
$178.1M
$193.5M
Q1 25
$175.0M
$190.7M
Q4 24
$177.2M
$293.7M
Q3 24
$180.5M
$292.8M
Q2 24
$173.1M
$247.7M
Q1 24
$167.2M
$215.7M
Net Profit
EPR
EPR
FNKO
FNKO
Q4 25
$66.9M
$-183.0K
Q3 25
$66.6M
$901.0K
Q2 25
$75.6M
$-40.5M
Q1 25
$65.8M
$-27.6M
Q4 24
$-8.4M
$-1.5M
Q3 24
$46.6M
$4.3M
Q2 24
$45.1M
$5.1M
Q1 24
$62.7M
$-22.7M
Gross Margin
EPR
EPR
FNKO
FNKO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
40.9%
Q2 24
42.0%
Q1 24
40.0%
Operating Margin
EPR
EPR
FNKO
FNKO
Q4 25
56.8%
2.2%
Q3 25
53.5%
2.6%
Q2 25
62.5%
-18.0%
Q1 25
58.1%
-12.2%
Q4 24
25.5%
1.8%
Q3 24
51.4%
4.0%
Q2 24
45.9%
4.3%
Q1 24
58.8%
-6.9%
Net Margin
EPR
EPR
FNKO
FNKO
Q4 25
36.6%
-0.1%
Q3 25
36.5%
0.4%
Q2 25
42.5%
-20.9%
Q1 25
37.6%
-14.5%
Q4 24
-4.7%
-0.5%
Q3 24
25.8%
1.5%
Q2 24
26.1%
2.1%
Q1 24
37.5%
-10.5%
EPS (diluted)
EPR
EPR
FNKO
FNKO
Q4 25
$0.80
$0.00
Q3 25
$0.79
$0.02
Q2 25
$0.91
$-0.74
Q1 25
$0.78
$-0.52
Q4 24
$-0.19
$-0.01
Q3 24
$0.53
$0.08
Q2 24
$0.51
$0.10
Q1 24
$0.75
$-0.45

Balance Sheet & Financial Strength

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

Metric
EPR
EPR
FNKO
FNKO
Cash + ST InvestmentsLiquidity on hand
$90.6M
$42.1M
Total DebtLower is stronger
$2.9B
$100.3M
Stockholders' EquityBook value
$2.3B
$185.8M
Total Assets
$5.7B
$685.2M
Debt / EquityLower = less leverage
1.26×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPR
EPR
FNKO
FNKO
Q4 25
$90.6M
$42.1M
Q3 25
$13.7M
$39.2M
Q2 25
$13.0M
$49.2M
Q1 25
$20.6M
$25.9M
Q4 24
$22.1M
$34.7M
Q3 24
$35.3M
$28.5M
Q2 24
$33.7M
$41.6M
Q1 24
$59.5M
$26.1M
Total Debt
EPR
EPR
FNKO
FNKO
Q4 25
$2.9B
$100.3M
Q3 25
$2.8B
$106.0M
Q2 25
$2.8B
$111.6M
Q1 25
$2.8B
$117.2M
Q4 24
$2.9B
$122.8M
Q3 24
$2.9B
$128.4M
Q2 24
$2.8B
$133.9M
Q1 24
$2.8B
$139.4M
Stockholders' Equity
EPR
EPR
FNKO
FNKO
Q4 25
$2.3B
$185.8M
Q3 25
$2.3B
$182.7M
Q2 25
$2.3B
$181.2M
Q1 25
$2.3B
$212.8M
Q4 24
$2.3B
$233.0M
Q3 24
$2.4B
$236.5M
Q2 24
$2.4B
$223.5M
Q1 24
$2.4B
$212.5M
Total Assets
EPR
EPR
FNKO
FNKO
Q4 25
$5.7B
$685.2M
Q3 25
$5.5B
$699.3M
Q2 25
$5.6B
$694.9M
Q1 25
$5.5B
$648.4M
Q4 24
$5.6B
$707.3M
Q3 24
$5.7B
$783.6M
Q2 24
$5.6B
$737.8M
Q1 24
$5.7B
$725.5M
Debt / Equity
EPR
EPR
FNKO
FNKO
Q4 25
1.26×
0.54×
Q3 25
1.19×
0.58×
Q2 25
1.20×
0.62×
Q1 25
1.20×
0.55×
Q4 24
1.23×
0.53×
Q3 24
1.19×
0.54×
Q2 24
1.16×
0.60×
Q1 24
1.15×
0.66×

Cash Flow & Capital Efficiency

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

Metric
EPR
EPR
FNKO
FNKO
Operating Cash FlowLast quarter
$421.0M
$28.1M
Free Cash FlowOCF − Capex
$269.2M
$19.2M
FCF MarginFCF / Revenue
147.1%
7.0%
Capex IntensityCapex / Revenue
82.9%
3.3%
Cash ConversionOCF / Net Profit
6.29×
TTM Free Cash FlowTrailing 4 quarters
$568.5M
$-38.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPR
EPR
FNKO
FNKO
Q4 25
$421.0M
$28.1M
Q3 25
$136.5M
$11.2M
Q2 25
$87.3M
$-22.2M
Q1 25
$99.4M
$-22.3M
Q4 24
$393.1M
$59.8M
Q3 24
$122.0M
$3.3M
Q2 24
$78.7M
$45.9M
Q1 24
$99.5M
$14.5M
Free Cash Flow
EPR
EPR
FNKO
FNKO
Q4 25
$269.2M
$19.2M
Q3 25
$132.1M
$3.4M
Q2 25
$82.4M
$-31.8M
Q1 25
$84.7M
$-28.8M
Q4 24
$129.2M
$47.8M
Q3 24
$121.5M
$-4.2M
Q2 24
$71.3M
$36.8M
Q1 24
$65.0M
$10.3M
FCF Margin
EPR
EPR
FNKO
FNKO
Q4 25
147.1%
7.0%
Q3 25
72.5%
1.3%
Q2 25
46.3%
-16.5%
Q1 25
48.4%
-15.1%
Q4 24
72.9%
16.3%
Q3 24
67.3%
-1.4%
Q2 24
41.2%
14.9%
Q1 24
38.9%
4.8%
Capex Intensity
EPR
EPR
FNKO
FNKO
Q4 25
82.9%
3.3%
Q3 25
2.4%
3.1%
Q2 25
2.7%
5.0%
Q1 25
8.4%
3.4%
Q4 24
148.9%
4.1%
Q3 24
0.3%
2.6%
Q2 24
4.2%
3.7%
Q1 24
20.6%
1.9%
Cash Conversion
EPR
EPR
FNKO
FNKO
Q4 25
6.29×
Q3 25
2.05×
12.47×
Q2 25
1.15×
Q1 25
1.51×
Q4 24
Q3 24
2.62×
0.77×
Q2 24
1.74×
8.97×
Q1 24
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPR
EPR

Experiential Reportable Operating Segment$173.3M95%
Education Reportable Operating Segment$9.5M5%

FNKO
FNKO

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

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