vs
Side-by-side financial comparison of Honest Company, Inc. (HNST) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.
Honest Company, Inc. is the larger business by last-quarter revenue ($88.0M vs $78.6M, roughly 1.1× Repay Holdings Corp). Honest Company, Inc. runs the higher net margin — -26.8% vs -178.3%, a 151.5% gap on every dollar of revenue. On growth, Repay Holdings Corp posted the faster year-over-year revenue change (0.4% vs -11.8%). Repay Holdings Corp produced more free cash flow last quarter ($23.2M vs $18.1M). Over the past eight quarters, Honest Company, Inc.'s revenue compounded faster (1.0% CAGR vs -1.3%).
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...
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
HNST vs RPAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $88.0M | $78.6M |
| Net Profit | $-23.6M | $-140.1M |
| Gross Margin | 15.7% | 74.2% |
| Operating Margin | -27.5% | -182.2% |
| Net Margin | -26.8% | -178.3% |
| Revenue YoY | -11.8% | 0.4% |
| Net Profit YoY | -2813.2% | -3304.1% |
| EPS (diluted) | $-0.21 | $-1.68 |
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.
| Q4 25 | $88.0M | $78.6M | ||
| Q3 25 | $92.6M | $77.7M | ||
| Q2 25 | $93.5M | $75.6M | ||
| Q1 25 | $97.3M | $77.3M | ||
| Q4 24 | $99.8M | $78.3M | ||
| Q3 24 | $99.2M | $79.1M | ||
| Q2 24 | $93.0M | $74.9M | ||
| Q1 24 | $86.2M | $80.7M |
| Q4 25 | $-23.6M | $-140.1M | ||
| Q3 25 | $758.0K | $-6.4M | ||
| Q2 25 | $3.9M | $-102.3M | ||
| Q1 25 | $3.3M | $-7.9M | ||
| Q4 24 | $-809.0K | $-4.1M | ||
| Q3 24 | $165.0K | $3.2M | ||
| Q2 24 | $-4.1M | $-4.1M | ||
| Q1 24 | $-1.4M | $-5.2M |
| Q4 25 | 15.7% | 74.2% | ||
| Q3 25 | 37.3% | 74.4% | ||
| Q2 25 | 40.4% | 75.7% | ||
| Q1 25 | 38.7% | 75.9% | ||
| Q4 24 | 38.8% | 76.3% | ||
| Q3 24 | 38.7% | 77.8% | ||
| Q2 24 | 38.3% | 78.2% | ||
| Q1 24 | 37.0% | 76.2% |
| Q4 25 | -27.5% | -182.2% | ||
| Q3 25 | 0.3% | -3.9% | ||
| Q2 25 | 3.1% | -138.7% | ||
| Q1 25 | 2.6% | -4.7% | ||
| Q4 24 | -1.0% | -1.5% | ||
| Q3 24 | 0.1% | -0.9% | ||
| Q2 24 | -4.3% | -4.6% | ||
| Q1 24 | -1.5% | -3.1% |
| Q4 25 | -26.8% | -178.3% | ||
| Q3 25 | 0.8% | -8.3% | ||
| Q2 25 | 4.1% | -135.2% | ||
| Q1 25 | 3.3% | -10.3% | ||
| Q4 24 | -0.8% | -5.3% | ||
| Q3 24 | 0.2% | 4.1% | ||
| Q2 24 | -4.4% | -5.4% | ||
| Q1 24 | -1.6% | -6.5% |
| Q4 25 | $-0.21 | $-1.68 | ||
| Q3 25 | $0.01 | $-0.08 | ||
| Q2 25 | $0.03 | $-1.15 | ||
| Q1 25 | $0.03 | $-0.09 | ||
| Q4 24 | $-0.01 | $-0.04 | ||
| Q3 24 | $0.00 | $0.03 | ||
| Q2 24 | $-0.04 | $-0.04 | ||
| Q1 24 | $-0.01 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $89.6M | $115.7M |
| Total DebtLower is stronger | — | $280.1M |
| Stockholders' EquityBook value | $169.7M | $484.4M |
| Total Assets | $225.4M | $1.2B |
| Debt / EquityLower = less leverage | — | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $89.6M | $115.7M | ||
| Q3 25 | $71.5M | $95.7M | ||
| Q2 25 | $72.1M | $162.6M | ||
| Q1 25 | $72.8M | $165.5M | ||
| Q4 24 | $75.4M | $189.5M | ||
| Q3 24 | $53.4M | $168.7M | ||
| Q2 24 | $36.6M | $147.1M | ||
| Q1 24 | $33.6M | $128.3M |
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
| Q4 25 | $169.7M | $484.4M | ||
| Q3 25 | $190.2M | $616.9M | ||
| Q2 25 | $187.0M | $633.7M | ||
| Q1 25 | $180.4M | $755.7M | ||
| Q4 24 | $174.3M | $761.3M | ||
| Q3 24 | $133.9M | $754.7M | ||
| Q2 24 | $129.7M | $815.4M | ||
| Q1 24 | $124.8M | $813.8M |
| Q4 25 | $225.4M | $1.2B | ||
| Q3 25 | $241.5M | $1.3B | ||
| Q2 25 | $249.0M | $1.4B | ||
| Q1 25 | $265.3M | $1.5B | ||
| Q4 24 | $247.4M | $1.6B | ||
| Q3 24 | $209.2M | $1.6B | ||
| Q2 24 | $200.2M | $1.5B | ||
| Q1 24 | $198.1M | $1.5B |
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $19.3M | $23.3M |
| Free Cash FlowOCF − Capex | $18.1M | $23.2M |
| FCF MarginFCF / Revenue | 20.5% | 29.6% |
| Capex IntensityCapex / Revenue | 1.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $13.6M | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.3M | $23.3M | ||
| Q3 25 | $-504.0K | $32.2M | ||
| Q2 25 | $-745.0K | $33.1M | ||
| Q1 25 | $-2.9M | $2.5M | ||
| Q4 24 | $-16.8M | $34.3M | ||
| Q3 24 | $15.1M | $60.1M | ||
| Q2 24 | $2.9M | $31.0M | ||
| Q1 24 | $336.0K | $24.8M |
| Q4 25 | $18.1M | $23.2M | ||
| Q3 25 | $-624.0K | $32.1M | ||
| Q2 25 | $-826.0K | $33.0M | ||
| Q1 25 | $-3.0M | $2.4M | ||
| Q4 24 | $-17.2M | $34.0M | ||
| Q3 24 | $15.0M | $59.8M | ||
| Q2 24 | $2.9M | $30.5M | ||
| Q1 24 | $260.0K | $24.7M |
| Q4 25 | 20.5% | 29.6% | ||
| Q3 25 | -0.7% | 41.3% | ||
| Q2 25 | -0.9% | 43.6% | ||
| Q1 25 | -3.1% | 3.0% | ||
| Q4 24 | -17.2% | 43.5% | ||
| Q3 24 | 15.1% | 75.6% | ||
| Q2 24 | 3.1% | 40.7% | ||
| Q1 24 | 0.3% | 30.6% |
| Q4 25 | 1.4% | 0.1% | ||
| Q3 25 | 0.1% | 0.2% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | 0.3% | 0.3% | ||
| Q3 24 | 0.1% | 0.3% | ||
| Q2 24 | 0.0% | 0.6% | ||
| Q1 24 | 0.1% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | -0.66× | — | ||
| Q2 25 | -0.19× | — | ||
| Q1 25 | -0.90× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.42× | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HNST
Segment breakdown not available.
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
