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Funko vs Nocopi Technologies: revenue, profit, margins and growth compared

Funko brought in $908.2M of revenue in fiscal 2025, Nocopi Technologies $1.5M in fiscal 2025. Revenue changed by -13.5% at Funko and -29.5% at Nocopi Technologies on the year before, so Funko grew faster. Funko kept -7.4% of its revenue as net profit, Nocopi Technologies -10.4%. Free cash flow was -$38.1M at Funko and $713.9K at Nocopi Technologies.

Side by side, latest fiscal year

FNKONNUP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$908.2M$1.5M
Revenue growth-13.5%-29.5%
Net income-$67.4M-$154.9K
Net margin-7.4%-10.4%
Free cash flow-$38.1M$713.9K
Free cash flow margin-4.2%47.8%
Earnings per share (diluted)-$1.24-$0.01
Cash$42.1M$11.6M
Debt$100.3Mn/a
Price to earningsn/an/a
Market value$305.7M$19.8M
Dividend yieldn/an/a
Rank by revenue in sector#503 of 1065 · Consumer discretionary#1006 of 1065 · Consumer discretionary

Over the years

Revenue
FNKO FY2018: $686.1MFNKO FY2019: $795.1MFNKO FY2020: $652.5MFNKO FY2021: $1BFNKO FY2022: $1.3BFNKO FY2023: $1.1BFNKO FY2024: $1BFNKO FY2025: $908.2MNNUP FY2018: $3.3MNNUP FY2019: $2.5MNNUP FY2020: $2.7MNNUP FY2021: $2MNNUP FY2022: $4.6MNNUP FY2023: $2.1MNNUP FY2024: $2.1MNNUP FY2025: $1.5MFY18FY19FY20FY21FY22FY23FY24FY25
FNKO $908.2MNNUP $1.5M
Net income
FNKO FY2018: $7.5MFNKO FY2019: $11.7MFNKO FY2020: $4MFNKO FY2021: $43.9MFNKO FY2022: -$8MFNKO FY2023: -$154.1MFNKO FY2024: -$14.7MFNKO FY2025: -$67.4MNNUP FY2018: $1.7MNNUP FY2019: $754.9KNNUP FY2020: $508.4KNNUP FY2021: $49.4KNNUP FY2022: $1.8MNNUP FY2023: -$1.4MNNUP FY2024: -$2.7MNNUP FY2025: -$154.9KFY18FY19FY20FY21FY22FY23FY24FY25
FNKO -$67.4MNNUP -$154.9K
Net margin
FNKO FY2018: 1.1%FNKO FY2019: 1.5%FNKO FY2020: 0.6%FNKO FY2021: 4.3%FNKO FY2022: -0.6%FNKO FY2023: -14.1%FNKO FY2024: -1.4%FNKO FY2025: -7.4%NNUP FY2018: 49.5%NNUP FY2019: 29.8%NNUP FY2020: 19.1%NNUP FY2021: 2.5%NNUP FY2022: 39.2%NNUP FY2023: -68.9%NNUP FY2024: -126.5%NNUP FY2025: -10.4%FY18FY19FY20FY21FY22FY23FY24FY25
FNKO -7.4%NNUP -10.4%
Revenue growth
FNKO FY2019: +15.9%FNKO FY2020: -17.9%FNKO FY2021: +57.7%FNKO FY2022: +28.5%FNKO FY2023: -17.1%FNKO FY2024: -4.2%FNKO FY2025: -13.5%NNUP FY2019: -24.1%NNUP FY2020: +4.8%NNUP FY2021: -26.6%NNUP FY2022: +137.1%NNUP FY2023: -55.0%NNUP FY2024: +1.6%NNUP FY2025: -29.5%FY19FY20FY21FY22FY23FY24FY25
FNKO -13.5%NNUP -29.5%
Free cash flow
FNKO FY2018: $23.1MFNKO FY2019: $48.5MFNKO FY2020: $90.3MFNKO FY2021: $59.6MFNKO FY2022: -$99.3MFNKO FY2023: -$4.2MFNKO FY2024: $90.7MFNKO FY2025: -$38.1MNNUP FY2018: $40.4KNNUP FY2019: $287.2KNNUP FY2020: $663.8KNNUP FY2021: $481.1KNNUP FY2022: -$44.1KNNUP FY2023: -$47.8KNNUP FY2024: $584.9KNNUP FY2025: $713.9KFY18FY19FY20FY21FY22FY23FY24FY25
FNKO -$38.1MNNUP $713.9K

Fiscal years as each company reports them; the two may end in different months.

Questions about Funko and Nocopi Technologies

Which is bigger by revenue, Funko or Nocopi Technologies?

Funko is bigger by revenue: $908.2M in fiscal 2025, against $1.5M for Nocopi Technologies in fiscal 2025.

Which keeps more of its revenue as profit, Funko or Nocopi Technologies?

Funko had a net margin of -7.4% in fiscal 2025; Nocopi Technologies had -10.4% in fiscal 2025.

Which grew revenue faster, Funko or Nocopi Technologies?

In their latest fiscal years revenue changed by -13.5% at Funko and -29.5% at Nocopi Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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