Honest Company, Inc.HNSTEarnings & Financial Report
The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...
Revenue
$93.0M
Gross Profit
$35.6M
Operating Profit
$-4.0M
Net Profit
$-4.1M
Gross Margin
38.3%
Operating Margin
-4.3%
Net Margin
-4.4%
YoY Growth
10.1%
EPS
$-0.04
Honest Company, Inc. Q2 FY2024 Financial Summary
Honest Company, Inc. reported revenue of $93.0M (up 10.1% YoY) for Q2 FY2024, with a net profit of $-4.1M (up 69.6% YoY) (-4.4% margin). Cost of goods sold was $57.4M, operating expenses totaled $39.7M.
Key Financial Metrics
| Total Revenue | $93.0M |
|---|---|
| Net Profit | $-4.1M |
| Gross Margin | 38.3% |
| Operating Margin | -4.3% |
| Report Period | Q2 FY2024 |
Honest Company, Inc. Annual Revenue by Year
Honest Company, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $371.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $371.3M |
| 2024 | $378.3M |
| 2023 | $344.4M |
| 2022 | $313.7M |
Honest Company, Inc. Quarterly Revenue & Net Profit History
Honest Company, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $78.1M | -19.7% | N/A | N/A |
| Q4 FY2025 | $88.0M | -11.8% | $-23.6M | -26.8% |
| Q3 FY2025 | $92.6M | -6.7% | $758.0K | 0.8% |
| Q2 FY2025 | $93.5M | +0.4% | $3.9M | 4.1% |
| Q1 FY2025 | $97.3M | +12.8% | $3.3M | 3.3% |
| Q4 FY2024 | $99.8M | +10.6% | $-809.0K | -0.8% |
| Q3 FY2024 | $99.2M | +15.2% | $165.0K | 0.2% |
| Q2 FY2024 | $93.0M | +10.1% | $-4.1M | -4.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $93.0M | $99.2M | $99.8M | $97.3M | $93.5M | $92.6M | $88.0M | $78.1M |
| YoY Growth | 10.1% | 15.2% | 10.6% | 12.8% | 0.4% | -6.7% | -11.8% | -19.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $200.2M | $209.2M | $247.4M | $265.3M | $249.0M | $241.5M | $225.4M | $214.9M |
| Liabilities | $70.5M | $75.3M | $73.1M | $84.9M | $62.0M | $51.4M | $55.7M | $45.8M |
| Equity | $129.7M | $133.9M | $174.3M | $180.4M | $187.0M | $190.2M | $169.7M | $169.1M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $2.9M | $15.1M | $-16.8M | $-2.9M | $-745000 | $-504000 | $19.3M |