vs

Side-by-side financial comparison of Honest Company, Inc. (HNST) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

Honest Company, Inc. is the larger business by last-quarter revenue ($88.0M vs $57.3M, roughly 1.5× RHYTHM PHARMACEUTICALS, INC.). Honest Company, Inc. runs the higher net margin — -26.8% vs -83.0%, a 56.2% gap on every dollar of revenue. On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (36.9% vs -11.8%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% CAGR vs 1.0%).

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...

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

HNST vs RYTM — Head-to-Head

Bigger by revenue
HNST
HNST
1.5× larger
HNST
$88.0M
$57.3M
RYTM
Growing faster (revenue YoY)
RYTM
RYTM
+48.7% gap
RYTM
36.9%
-11.8%
HNST
Higher net margin
HNST
HNST
56.2% more per $
HNST
-26.8%
-83.0%
RYTM
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
48.5%
1.0%
HNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HNST
HNST
RYTM
RYTM
Revenue
$88.0M
$57.3M
Net Profit
$-23.6M
$-47.5M
Gross Margin
15.7%
91.6%
Operating Margin
-27.5%
-82.2%
Net Margin
-26.8%
-83.0%
Revenue YoY
-11.8%
36.9%
Net Profit YoY
-2813.2%
-9.6%
EPS (diluted)
$-0.21
$-0.73

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
RYTM
RYTM
Q4 25
$88.0M
$57.3M
Q3 25
$92.6M
$51.3M
Q2 25
$93.5M
$48.5M
Q1 25
$97.3M
$32.7M
Q4 24
$99.8M
$41.8M
Q3 24
$99.2M
$33.3M
Q2 24
$93.0M
$29.1M
Q1 24
$86.2M
$26.0M
Net Profit
HNST
HNST
RYTM
RYTM
Q4 25
$-23.6M
$-47.5M
Q3 25
$758.0K
$-52.9M
Q2 25
$3.9M
$-46.6M
Q1 25
$3.3M
$-49.5M
Q4 24
$-809.0K
$-43.3M
Q3 24
$165.0K
$-43.6M
Q2 24
$-4.1M
$-32.3M
Q1 24
$-1.4M
$-141.4M
Gross Margin
HNST
HNST
RYTM
RYTM
Q4 25
15.7%
91.6%
Q3 25
37.3%
89.3%
Q2 25
40.4%
88.6%
Q1 25
38.7%
88.8%
Q4 24
38.8%
90.9%
Q3 24
38.7%
88.5%
Q2 24
38.3%
89.9%
Q1 24
37.0%
89.2%
Operating Margin
HNST
HNST
RYTM
RYTM
Q4 25
-27.5%
-82.2%
Q3 25
0.3%
-102.6%
Q2 25
3.1%
-93.4%
Q1 25
2.6%
-143.7%
Q4 24
-1.0%
-98.6%
Q3 24
0.1%
-132.0%
Q2 24
-4.3%
-139.2%
Q1 24
-1.5%
-538.7%
Net Margin
HNST
HNST
RYTM
RYTM
Q4 25
-26.8%
-83.0%
Q3 25
0.8%
-103.1%
Q2 25
4.1%
-96.1%
Q1 25
3.3%
-151.4%
Q4 24
-0.8%
-103.6%
Q3 24
0.2%
-131.2%
Q2 24
-4.4%
-110.9%
Q1 24
-1.6%
-544.4%
EPS (diluted)
HNST
HNST
RYTM
RYTM
Q4 25
$-0.21
$-0.73
Q3 25
$0.01
$-0.82
Q2 25
$0.03
$-0.75
Q1 25
$0.03
$-0.81
Q4 24
$-0.01
$-0.71
Q3 24
$0.00
$-0.73
Q2 24
$-0.04
$-0.55
Q1 24
$-0.01
$-2.35

Balance Sheet & Financial Strength

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

Metric
HNST
HNST
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$89.6M
$388.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$169.7M
$139.1M
Total Assets
$225.4M
$480.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HNST
HNST
RYTM
RYTM
Q4 25
$89.6M
$388.9M
Q3 25
$71.5M
$416.1M
Q2 25
$72.1M
$291.0M
Q1 25
$72.8M
$314.5M
Q4 24
$75.4M
$320.6M
Q3 24
$53.4M
$298.4M
Q2 24
$36.6M
$319.1M
Q1 24
$33.6M
$201.2M
Stockholders' Equity
HNST
HNST
RYTM
RYTM
Q4 25
$169.7M
$139.1M
Q3 25
$190.2M
$148.8M
Q2 25
$187.0M
$-11.9M
Q1 25
$180.4M
$18.9M
Q4 24
$174.3M
$21.7M
Q3 24
$133.9M
$11.2M
Q2 24
$129.7M
$39.3M
Q1 24
$124.8M
$61.6M
Total Assets
HNST
HNST
RYTM
RYTM
Q4 25
$225.4M
$480.2M
Q3 25
$241.5M
$506.9M
Q2 25
$249.0M
$372.7M
Q1 25
$265.3M
$386.7M
Q4 24
$247.4M
$392.3M
Q3 24
$209.2M
$363.6M
Q2 24
$200.2M
$381.8M
Q1 24
$198.1M
$258.7M

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
RYTM
RYTM
Operating Cash FlowLast quarter
$19.3M
$-25.4M
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
HNST
HNST
RYTM
RYTM
Q4 25
$19.3M
$-25.4M
Q3 25
$-504.0K
$-26.6M
Q2 25
$-745.0K
$-23.3M
Q1 25
$-2.9M
$-40.4M
Q4 24
$-16.8M
$-18.8M
Q3 24
$15.1M
$-25.2M
Q2 24
$2.9M
$-29.1M
Q1 24
$336.0K
$-40.7M
Free Cash Flow
HNST
HNST
RYTM
RYTM
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
HNST
HNST
RYTM
RYTM
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
HNST
HNST
RYTM
RYTM
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
HNST
HNST
RYTM
RYTM
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.

Related Comparisons