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Side-by-side financial comparison of Honest Company, Inc. (HNST) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

Honest Company, Inc. is the larger business by last-quarter revenue ($88.0M vs $71.1M, roughly 1.2× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -26.8%, a 28.8% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -11.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $18.1M). Over the past eight quarters, Honest Company, Inc.'s revenue compounded faster (1.0% CAGR vs -4.7%).

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...

RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.

HNST vs RMAX — Head-to-Head

Bigger by revenue
HNST
HNST
1.2× larger
HNST
$88.0M
$71.1M
RMAX
Growing faster (revenue YoY)
RMAX
RMAX
+10.0% gap
RMAX
-1.8%
-11.8%
HNST
Higher net margin
RMAX
RMAX
28.8% more per $
RMAX
2.0%
-26.8%
HNST
More free cash flow
RMAX
RMAX
$15.4M more FCF
RMAX
$33.5M
$18.1M
HNST
Faster 2-yr revenue CAGR
HNST
HNST
Annualised
HNST
1.0%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HNST
HNST
RMAX
RMAX
Revenue
$88.0M
$71.1M
Net Profit
$-23.6M
$1.4M
Gross Margin
15.7%
Operating Margin
-27.5%
13.1%
Net Margin
-26.8%
2.0%
Revenue YoY
-11.8%
-1.8%
Net Profit YoY
-2813.2%
-75.2%
EPS (diluted)
$-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
HNST
HNST
RMAX
RMAX
Q4 25
$88.0M
$71.1M
Q3 25
$92.6M
$73.2M
Q2 25
$93.5M
$72.8M
Q1 25
$97.3M
$74.5M
Q4 24
$99.8M
$72.5M
Q3 24
$99.2M
$78.5M
Q2 24
$93.0M
$78.5M
Q1 24
$86.2M
$78.3M
Net Profit
HNST
HNST
RMAX
RMAX
Q4 25
$-23.6M
$1.4M
Q3 25
$758.0K
$4.0M
Q2 25
$3.9M
$4.7M
Q1 25
$3.3M
$-2.0M
Q4 24
$-809.0K
$5.8M
Q3 24
$165.0K
$966.0K
Q2 24
$-4.1M
$3.7M
Q1 24
$-1.4M
$-3.4M
Gross Margin
HNST
HNST
RMAX
RMAX
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
HNST
HNST
RMAX
RMAX
Q4 25
-27.5%
13.1%
Q3 25
0.3%
25.0%
Q2 25
3.1%
19.3%
Q1 25
2.6%
7.2%
Q4 24
-1.0%
5.9%
Q3 24
0.1%
19.4%
Q2 24
-4.3%
20.6%
Q1 24
-1.5%
5.8%
Net Margin
HNST
HNST
RMAX
RMAX
Q4 25
-26.8%
2.0%
Q3 25
0.8%
5.4%
Q2 25
4.1%
6.4%
Q1 25
3.3%
-2.6%
Q4 24
-0.8%
8.0%
Q3 24
0.2%
1.2%
Q2 24
-4.4%
4.7%
Q1 24
-1.6%
-4.3%
EPS (diluted)
HNST
HNST
RMAX
RMAX
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
HNST
HNST
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$89.6M
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$169.7M
$452.4M
Total Assets
$225.4M
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HNST
HNST
RMAX
RMAX
Q4 25
$89.6M
$118.7M
Q3 25
$71.5M
$107.5M
Q2 25
$72.1M
$94.3M
Q1 25
$72.8M
$89.1M
Q4 24
$75.4M
$96.6M
Q3 24
$53.4M
$83.8M
Q2 24
$36.6M
$66.1M
Q1 24
$33.6M
$82.1M
Total Debt
HNST
HNST
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
HNST
HNST
RMAX
RMAX
Q4 25
$169.7M
$452.4M
Q3 25
$190.2M
$448.1M
Q2 25
$187.0M
$442.4M
Q1 25
$180.4M
$433.5M
Q4 24
$174.3M
$429.5M
Q3 24
$133.9M
$423.1M
Q2 24
$129.7M
$418.4M
Q1 24
$124.8M
$412.0M
Total Assets
HNST
HNST
RMAX
RMAX
Q4 25
$225.4M
$582.5M
Q3 25
$241.5M
$582.2M
Q2 25
$249.0M
$574.8M
Q1 25
$265.3M
$571.4M
Q4 24
$247.4M
$581.6M
Q3 24
$209.2M
$578.6M
Q2 24
$200.2M
$571.4M
Q1 24
$198.1M
$566.7M
Debt / Equity
HNST
HNST
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
1.02×
Q3 24
1.03×
Q2 24
1.05×
Q1 24
1.07×

Cash Flow & Capital Efficiency

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

Metric
HNST
HNST
RMAX
RMAX
Operating Cash FlowLast quarter
$19.3M
$40.9M
Free Cash FlowOCF − Capex
$18.1M
$33.5M
FCF MarginFCF / Revenue
20.5%
47.1%
Capex IntensityCapex / Revenue
1.4%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$13.6M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HNST
HNST
RMAX
RMAX
Q4 25
$19.3M
$40.9M
Q3 25
$-504.0K
$17.7M
Q2 25
$-745.0K
$4.6M
Q1 25
$-2.9M
$5.7M
Q4 24
$-16.8M
$59.7M
Q3 24
$15.1M
$17.6M
Q2 24
$2.9M
$15.9M
Q1 24
$336.0K
$9.4M
Free Cash Flow
HNST
HNST
RMAX
RMAX
Q4 25
$18.1M
$33.5M
Q3 25
$-624.0K
$16.4M
Q2 25
$-826.0K
$2.9M
Q1 25
$-3.0M
$4.0M
Q4 24
$-17.2M
$53.0M
Q3 24
$15.0M
$16.3M
Q2 24
$2.9M
$14.0M
Q1 24
$260.0K
$6.8M
FCF Margin
HNST
HNST
RMAX
RMAX
Q4 25
20.5%
47.1%
Q3 25
-0.7%
22.4%
Q2 25
-0.9%
4.0%
Q1 25
-3.1%
5.3%
Q4 24
-17.2%
73.2%
Q3 24
15.1%
20.8%
Q2 24
3.1%
17.8%
Q1 24
0.3%
8.6%
Capex Intensity
HNST
HNST
RMAX
RMAX
Q4 25
1.4%
10.4%
Q3 25
0.1%
1.8%
Q2 25
0.1%
2.2%
Q1 25
0.1%
2.3%
Q4 24
0.3%
9.1%
Q3 24
0.1%
1.7%
Q2 24
0.0%
2.4%
Q1 24
0.1%
3.3%
Cash Conversion
HNST
HNST
RMAX
RMAX
Q4 25
28.39×
Q3 25
-0.66×
4.45×
Q2 25
-0.19×
0.97×
Q1 25
-0.90×
Q4 24
10.28×
Q3 24
91.42×
18.22×
Q2 24
4.29×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HNST
HNST

Segment breakdown not available.

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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