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Side-by-side financial comparison of HERITAGE FINANCIAL CORP (HFWA) and Honest Company, Inc. (HNST). Click either name above to swap in a different company.

Honest Company, Inc. is the larger business by last-quarter revenue ($78.1M vs $66.3M, roughly 1.2× HERITAGE FINANCIAL CORP). On growth, HERITAGE FINANCIAL CORP posted the faster year-over-year revenue change (16.3% vs -19.7%). Over the past eight quarters, HERITAGE FINANCIAL CORP's revenue compounded faster (16.8% CAGR vs -8.4%).

Heritage Financial Corp (WA) is a U.S. regional financial holding company headquartered in Washington state. It provides comprehensive commercial and consumer banking services, including deposit products, small business loans, residential mortgages, personal lending and wealth management solutions, primarily serving local communities across the Pacific Northwest, with core customer segments covering small-to-medium enterprises and retail clients.

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...

HFWA vs HNST — Head-to-Head

Bigger by revenue
HNST
HNST
1.2× larger
HNST
$78.1M
$66.3M
HFWA
Growing faster (revenue YoY)
HFWA
HFWA
+36.0% gap
HFWA
16.3%
-19.7%
HNST
Faster 2-yr revenue CAGR
HFWA
HFWA
Annualised
HFWA
16.8%
-8.4%
HNST

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HFWA
HFWA
HNST
HNST
Revenue
$66.3M
$78.1M
Net Profit
$22.2M
Gross Margin
42.6%
Operating Margin
38.7%
56.6%
Net Margin
33.5%
Revenue YoY
16.3%
-19.7%
Net Profit YoY
86.4%
EPS (diluted)
$0.65
$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
HFWA
HFWA
HNST
HNST
Q1 26
$78.1M
Q4 25
$66.3M
$88.0M
Q3 25
$65.7M
$92.6M
Q2 25
$56.5M
$93.5M
Q1 25
$57.6M
$97.3M
Q4 24
$57.1M
$99.8M
Q3 24
$54.8M
$99.2M
Q2 24
$56.4M
$93.0M
Net Profit
HFWA
HFWA
HNST
HNST
Q1 26
Q4 25
$22.2M
$-23.6M
Q3 25
$19.2M
$758.0K
Q2 25
$12.2M
$3.9M
Q1 25
$13.9M
$3.3M
Q4 24
$11.9M
$-809.0K
Q3 24
$11.4M
$165.0K
Q2 24
$14.2M
$-4.1M
Gross Margin
HFWA
HFWA
HNST
HNST
Q1 26
42.6%
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%
Operating Margin
HFWA
HFWA
HNST
HNST
Q1 26
56.6%
Q4 25
38.7%
-27.5%
Q3 25
34.0%
0.3%
Q2 25
25.6%
3.1%
Q1 25
28.1%
2.6%
Q4 24
28.6%
-1.0%
Q3 24
23.8%
0.1%
Q2 24
28.4%
-4.3%
Net Margin
HFWA
HFWA
HNST
HNST
Q1 26
Q4 25
33.5%
-26.8%
Q3 25
29.2%
0.8%
Q2 25
21.6%
4.1%
Q1 25
24.2%
3.3%
Q4 24
20.9%
-0.8%
Q3 24
20.8%
0.2%
Q2 24
25.1%
-4.4%
EPS (diluted)
HFWA
HFWA
HNST
HNST
Q1 26
$0.00
Q4 25
$0.65
$-0.21
Q3 25
$0.55
$0.01
Q2 25
$0.36
$0.03
Q1 25
$0.40
$0.03
Q4 24
$0.34
$-0.01
Q3 24
$0.33
$0.00
Q2 24
$0.41
$-0.04

Balance Sheet & Financial Strength

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

Metric
HFWA
HFWA
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$233.1M
$90.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$921.5M
$169.1M
Total Assets
$7.0B
$214.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HFWA
HFWA
HNST
HNST
Q1 26
$90.4M
Q4 25
$233.1M
$89.6M
Q3 25
$245.5M
$71.5M
Q2 25
$254.1M
$72.1M
Q1 25
$248.7M
$72.8M
Q4 24
$117.1M
$75.4M
Q3 24
$175.6M
$53.4M
Q2 24
$113.8M
$36.6M
Stockholders' Equity
HFWA
HFWA
HNST
HNST
Q1 26
$169.1M
Q4 25
$921.5M
$169.7M
Q3 25
$904.1M
$190.2M
Q2 25
$888.2M
$187.0M
Q1 25
$881.5M
$180.4M
Q4 24
$863.5M
$174.3M
Q3 24
$874.5M
$133.9M
Q2 24
$850.5M
$129.7M
Total Assets
HFWA
HFWA
HNST
HNST
Q1 26
$214.9M
Q4 25
$7.0B
$225.4M
Q3 25
$7.0B
$241.5M
Q2 25
$7.1B
$249.0M
Q1 25
$7.1B
$265.3M
Q4 24
$7.1B
$247.4M
Q3 24
$7.2B
$209.2M
Q2 24
$7.1B
$200.2M

Cash Flow & Capital Efficiency

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

Metric
HFWA
HFWA
HNST
HNST
Operating Cash FlowLast quarter
$94.8M
Free Cash FlowOCF − Capex
$85.7M
FCF MarginFCF / Revenue
129.1%
Capex IntensityCapex / Revenue
13.8%
0.6%
Cash ConversionOCF / Net Profit
4.26×
TTM Free Cash FlowTrailing 4 quarters
$149.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HFWA
HFWA
HNST
HNST
Q1 26
Q4 25
$94.8M
$19.3M
Q3 25
$25.1M
$-504.0K
Q2 25
$22.5M
$-745.0K
Q1 25
$19.3M
$-2.9M
Q4 24
$64.5M
$-16.8M
Q3 24
$24.2M
$15.1M
Q2 24
$6.8M
$2.9M
Free Cash Flow
HFWA
HFWA
HNST
HNST
Q1 26
Q4 25
$85.7M
$18.1M
Q3 25
$24.4M
$-624.0K
Q2 25
$20.9M
$-826.0K
Q1 25
$18.1M
$-3.0M
Q4 24
$61.0M
$-17.2M
Q3 24
$23.2M
$15.0M
Q2 24
$6.0M
$2.9M
FCF Margin
HFWA
HFWA
HNST
HNST
Q1 26
Q4 25
129.1%
20.5%
Q3 25
37.1%
-0.7%
Q2 25
37.0%
-0.9%
Q1 25
31.4%
-3.1%
Q4 24
107.0%
-17.2%
Q3 24
42.4%
15.1%
Q2 24
10.6%
3.1%
Capex Intensity
HFWA
HFWA
HNST
HNST
Q1 26
0.6%
Q4 25
13.8%
1.4%
Q3 25
1.0%
0.1%
Q2 25
2.8%
0.1%
Q1 25
2.0%
0.1%
Q4 24
6.1%
0.3%
Q3 24
1.7%
0.1%
Q2 24
1.5%
0.0%
Cash Conversion
HFWA
HFWA
HNST
HNST
Q1 26
Q4 25
4.26×
Q3 25
1.31×
-0.66×
Q2 25
1.84×
-0.19×
Q1 25
1.38×
-0.90×
Q4 24
5.41×
Q3 24
2.12×
91.42×
Q2 24
0.48×

Financial Flow Comparison

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

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