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Side-by-side financial comparison of Dingdong (Cayman) Ltd (DDL) and Honest Company, Inc. (HNST). Click either name above to swap in a different company.

Dingdong (Cayman) Ltd is the larger business by last-quarter revenue ($115.3M vs $88.0M, roughly 1.3× Honest Company, Inc.). Dingdong (Cayman) Ltd runs the higher net margin — 5.8% vs -26.8%, a 32.6% gap on every dollar of revenue.

Dingdong (Cayman) Ltd operates a leading on-demand grocery e-commerce platform primarily serving the Chinese market. It provides fresh produce, daily necessities, ready-to-eat meals, and household staples to urban consumers, leveraging optimized supply chains and localized logistics networks to offer fast, reliable 30-minute delivery services, prioritizing product freshness and user convenience.

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...

DDL vs HNST — Head-to-Head

Bigger by revenue
DDL
DDL
1.3× larger
DDL
$115.3M
$88.0M
HNST
Higher net margin
DDL
DDL
32.6% more per $
DDL
5.8%
-26.8%
HNST

Income Statement — Q3 FY2022 vs Q4 FY2025

Metric
DDL
DDL
HNST
HNST
Revenue
$115.3M
$88.0M
Net Profit
$6.7M
$-23.6M
Gross Margin
15.7%
Operating Margin
5.3%
-27.5%
Net Margin
5.8%
-26.8%
Revenue YoY
-11.8%
Net Profit YoY
-2813.2%
EPS (diluted)
$-0.02
$-0.21

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
DDL
DDL
HNST
HNST
Q4 25
$88.0M
Q3 25
$92.6M
Q2 25
$93.5M
Q1 25
$97.3M
Q4 24
$99.8M
Q3 24
$99.2M
Q2 24
$93.0M
Q1 24
$86.2M
Net Profit
DDL
DDL
HNST
HNST
Q4 25
$-23.6M
Q3 25
$758.0K
Q2 25
$3.9M
Q1 25
$3.3M
Q4 24
$-809.0K
Q3 24
$165.0K
Q2 24
$-4.1M
Q1 24
$-1.4M
Gross Margin
DDL
DDL
HNST
HNST
Q4 25
15.7%
Q3 25
37.3%
Q2 25
40.4%
Q1 25
38.7%
Q4 24
38.8%
Q3 24
38.7%
Q2 24
38.3%
Q1 24
37.0%
Operating Margin
DDL
DDL
HNST
HNST
Q4 25
-27.5%
Q3 25
0.3%
Q2 25
3.1%
Q1 25
2.6%
Q4 24
-1.0%
Q3 24
0.1%
Q2 24
-4.3%
Q1 24
-1.5%
Net Margin
DDL
DDL
HNST
HNST
Q4 25
-26.8%
Q3 25
0.8%
Q2 25
4.1%
Q1 25
3.3%
Q4 24
-0.8%
Q3 24
0.2%
Q2 24
-4.4%
Q1 24
-1.6%
EPS (diluted)
DDL
DDL
HNST
HNST
Q4 25
$-0.21
Q3 25
$0.01
Q2 25
$0.03
Q1 25
$0.03
Q4 24
$-0.01
Q3 24
$0.00
Q2 24
$-0.04
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
DDL
DDL
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$113.7M
$89.6M
Total DebtLower is stronger
$135.8K
Stockholders' EquityBook value
$4.5M
$169.7M
Total Assets
$178.3M
$225.4M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDL
DDL
HNST
HNST
Q4 25
$89.6M
Q3 25
$71.5M
Q2 25
$72.1M
Q1 25
$72.8M
Q4 24
$75.4M
Q3 24
$53.4M
Q2 24
$36.6M
Q1 24
$33.6M
Stockholders' Equity
DDL
DDL
HNST
HNST
Q4 25
$169.7M
Q3 25
$190.2M
Q2 25
$187.0M
Q1 25
$180.4M
Q4 24
$174.3M
Q3 24
$133.9M
Q2 24
$129.7M
Q1 24
$124.8M
Total Assets
DDL
DDL
HNST
HNST
Q4 25
$225.4M
Q3 25
$241.5M
Q2 25
$249.0M
Q1 25
$265.3M
Q4 24
$247.4M
Q3 24
$209.2M
Q2 24
$200.2M
Q1 24
$198.1M

Cash Flow & Capital Efficiency

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

Metric
DDL
DDL
HNST
HNST
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$18.1M
FCF MarginFCF / Revenue
20.5%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$13.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DDL
DDL
HNST
HNST
Q4 25
$19.3M
Q3 25
$-504.0K
Q2 25
$-745.0K
Q1 25
$-2.9M
Q4 24
$-16.8M
Q3 24
$15.1M
Q2 24
$2.9M
Q1 24
$336.0K
Free Cash Flow
DDL
DDL
HNST
HNST
Q4 25
$18.1M
Q3 25
$-624.0K
Q2 25
$-826.0K
Q1 25
$-3.0M
Q4 24
$-17.2M
Q3 24
$15.0M
Q2 24
$2.9M
Q1 24
$260.0K
FCF Margin
DDL
DDL
HNST
HNST
Q4 25
20.5%
Q3 25
-0.7%
Q2 25
-0.9%
Q1 25
-3.1%
Q4 24
-17.2%
Q3 24
15.1%
Q2 24
3.1%
Q1 24
0.3%
Capex Intensity
DDL
DDL
HNST
HNST
Q4 25
1.4%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.1%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
DDL
DDL
HNST
HNST
Q4 25
Q3 25
-0.66×
Q2 25
-0.19×
Q1 25
-0.90×
Q4 24
Q3 24
91.42×
Q2 24
Q1 24

Financial Flow Comparison

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

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