The Honest Company, Inc. (HNST) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 78.1M | 88.04M | 92.57M | 93.46M | 97.25M | 99.84M | 99.24M | 93.05M | 86.22M | 90.26M | 86.17M | 84.54M | 83.39M | 81.86M | 84.58M | 78.49M | 68.72M | 80.38M | 82.65M | 74.58M |
| Revenue Growth % | -19.69% | -11.82% | -6.72% | 0.44% | 12.8% | 10.61% | 15.17% | 10.06% | 3.39% | 10.27% | 1.88% | 7.71% | 21.35% | 1.84% | 2.33% | 5.25% | -15.2% | 3.23% | - | - |
| Cost of Goods Sold | 44.83M | 74.19M | 58.08M | 55.71M | 59.58M | 61.07M | 60.84M | 57.44M | 54.34M | 60.04M | 58.96M | 61.65M | 63.19M | 59.35M | 58.96M | 54.93M | 48.09M | 56.29M | 52.89M | 47.63M |
| COGS % of Revenue | 57.4% | 84.27% | 62.74% | 59.61% | 61.26% | 61.17% | 61.31% | 61.73% | 63.02% | 66.51% | 68.43% | 72.92% | 75.77% | 72.51% | 69.71% | 69.98% | 69.98% | 70.03% | 63.99% | 63.87% |
| Gross Profit | 33.27M | 13.84M | 34.49M | 37.75M | 37.67M | 38.77M | 38.4M | 35.61M | 31.88M | 30.23M | 27.2M | 22.9M | 20.2M | 22.51M | 25.62M | 23.56M | 20.63M | 24.09M | 29.76M | 26.94M |
| Gross Margin % | 42.6% | 15.73% | 37.26% | 40.39% | 38.74% | 38.83% | 38.69% | 38.27% | 36.98% | 33.49% | 31.57% | 27.08% | 24.23% | 27.49% | 30.29% | 30.02% | 30.02% | 29.97% | 36.01% | 36.13% |
| Gross Profit Growth % | -11.68% | -64.29% | -10.18% | 6.01% | 18.15% | 28.25% | 41.14% | 55.52% | 57.82% | 34.3% | 6.2% | -2.83% | -2.06% | -6.58% | -13.92% | -12.54% | -27.32% | -8.03% | - | - |
| Operating Expenses | 33.93M | 33.85M | 34.18M | 34.86M | 35.16M | 39.8M | 38.34M | 39.66M | 33.2M | 29.1M | 35.2M | 36.28M | 38.86M | 35.26M | 37.36M | 34.3M | 35.17M | 32.69M | 34.35M | 46.45M |
| OpEx % of Revenue | 43.44% | 38.45% | 36.92% | 37.3% | 36.16% | 39.86% | 38.63% | 42.62% | 38.5% | 32.24% | 40.85% | 42.92% | 46.6% | 43.08% | 44.17% | 43.7% | 51.18% | 40.67% | 41.56% | 62.28% |
| Selling, General & Admin | 17.47M | 32.02M | 32.48M | 32.9M | 33.31M | 38.08M | 36.6M | 37.94M | 31.52M | 27.42M | 33.26M | 34.29M | 36.05M | 33.91M | 35.63M | 32.48M | 33.08M | 31.09M | 32.26M | 44.1M |
| SG&A % of Revenue | 22.37% | 36.37% | 35.08% | 35.21% | 34.25% | 38.14% | 36.88% | 40.78% | 36.55% | 30.38% | 38.59% | 40.56% | 43.23% | 41.42% | 42.13% | 41.38% | 48.13% | 38.68% | 39.03% | 59.13% |
| Research & Development | 1.86M | 1.83M | 1.7M | 1.96M | 1.85M | 1.71M | 1.74M | 1.71M | 1.68M | 1.58M | 1.58M | 1.59M | 1.46M | 1.35M | 1.73M | 1.82M | 2.1M | 1.6M | 2.09M | 2.35M |
| R&D % of Revenue | 2.38% | 2.08% | 1.84% | 2.1% | 1.9% | 1.72% | 1.76% | 1.84% | 1.95% | 1.75% | 1.84% | 1.89% | 1.75% | 1.65% | 2.04% | 2.32% | 3.05% | 1.99% | 2.53% | 3.14% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101K | 357K | 397K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -659K | -20.01M | 313K | 2.89M | 2.51M | -1.03M | 57K | -4.04M | -1.31M | 1.13M | -7.99M | -13.39M | -18.66M | -12.76M | -11.74M | -10.74M | -14.54M | -8.6M | -4.59M | -19.5M |
| Operating Margin % | -0.84% | -22.73% | 0.34% | 3.09% | 2.58% | -1.03% | 0.06% | -4.35% | -1.53% | 1.25% | -9.27% | -15.83% | -22.37% | -15.58% | -13.88% | -13.68% | -21.17% | -10.7% | -5.55% | -26.15% |
| Operating Income Growth % | -126.29% | -1844.61% | 449.12% | 171.4% | 290.65% | -191.22% | 100.71% | 69.78% | 92.95% | 108.84% | 31.92% | -24.66% | -28.28% | -48.31% | -155.86% | 44.93% | -251.75% | 30.46% | - | - |
| EBITDA | -659K | -17.6M | 2.7M | 5.28M | 4.86M | 6.13M | 57K | -3.34M | 995K | 1.85M | -7.31M | -12.71M | -17.99M | -12.03M | -11.1M | -10.07M | -13.82M | -7.59M | -3.57M | -18.48M |
| EBITDA Margin % | -0.84% | -19.99% | 2.92% | 5.65% | 5% | 6.14% | 0.06% | -3.59% | 1.15% | 2.05% | -8.48% | -15.04% | -21.57% | -14.69% | -13.12% | -12.83% | -20.12% | -9.44% | -4.32% | -24.77% |
| EBITDA Growth % | -113.55% | -387.25% | 4635.09% | 258.33% | 388.84% | 231.67% | 100.78% | 73.76% | 105.53% | 115.36% | 34.14% | -26.23% | -30.13% | -58.47% | -210.92% | 45.48% | -354.02% | 32.36% | - | - |
| D&A (Non-Cash Add-back) | 0 | 2.41M | 2.39M | 2.39M | 2.36M | 7.16M | 0 | 709K | 2.31M | 719K | 681K | 672K | 668K | 728K | 639K | 666K | 720K | 1.01M | 1.02M | 1.03M |
| EBIT | -659K | -20.01M | 313K | 2.89M | 2.51M | -1.03M | 57K | -4.04M | -1.31M | 1.16M | -7.63M | -13.36M | -17.31M | -12.76M | -11.74M | -10.74M | -14.54M | -8.6M | -4.59M | -19.5M |
| Net Interest Income | -663K | 0 | 0 | 593K | 615K | 0 | 94K | 6K | -25K | -16K | -27K | -40K | -187K | 172K | 140K | 160K | 22K | -414K | -440K | -510K |
| Interest Income | 0 | 0 | 0 | 593K | 615K | 0 | 94K | 6K | 0 | 0 | 0 | 0 | 0 | 172K | 140K | 160K | 22K | 0 | 0 | 0 |
| Interest Expense | 663K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25K | 16K | 27K | 40K | 187K | 0 | 0 | 0 | 0 | 414K | 440K | 510K |
| Other Income/Expense | 663K | -3.55M | 555K | 1.03M | 787K | 238K | 127K | -19K | -63K | 15K | -71K | -9K | -189K | 214K | -29K | 747K | -61K | -414K | -526K | -510K |
| Pretax Income | 4K | -23.56M | 868K | 3.91M | 3.29M | -791K | 184K | -4.06M | -1.38M | 1.14M | -8.06M | -13.4M | -18.85M | -12.54M | -11.77M | -9.99M | -14.61M | -9.02M | -5.11M | -20.01M |
| Pretax Margin % | 0.01% | -26.76% | 0.94% | 4.19% | 3.39% | -0.79% | 0.19% | -4.37% | -1.6% | 1.27% | -9.36% | -15.85% | -22.6% | -15.32% | -13.91% | -12.73% | -21.25% | -11.22% | -6.19% | -26.83% |
| Income Tax | 46K | 9K | 110K | 44K | 40K | 19K | 19K | 13K | 25K | 0 | 35K | 20K | 20K | 50K | 20K | 20K | 20K | 10K | 22K | 22K |
| Effective Tax Rate % | 1150% | -0.04% | 12.67% | 1.12% | 1.21% | -2.4% | 10.33% | -0.32% | -1.81% | 0% | -0.43% | -0.15% | -0.11% | -0.4% | -0.17% | -0.2% | -0.14% | -0.11% | -0.43% | -0.11% |
| Net Income | -42K | -23.57M | 758K | 3.87M | 3.25M | -810K | 165K | -4.08M | -1.4M | 1.14M | -8.1M | -13.42M | -18.87M | -12.59M | -11.79M | -10.01M | -14.63M | -9.03M | -5.14M | -20.03M |
| Net Margin % | -0.05% | -26.77% | 0.82% | 4.14% | 3.35% | -0.81% | 0.17% | -4.38% | -1.63% | 1.27% | -9.4% | -15.87% | -22.63% | -15.38% | -13.94% | -12.76% | -21.28% | -11.23% | -6.21% | -26.86% |
| Net Income Growth % | -101.29% | -2809.75% | 359.39% | 194.92% | 331.93% | -170.87% | 102.04% | 69.61% | 92.56% | 109.08% | 31.3% | -34% | -29% | -39.52% | -129.52% | 50.02% | -226.18% | 28.73% | - | - |
| Net Income (Continuing) | -42K | -23.57M | 758K | 3.87M | 3.25M | -810K | 165K | -4.08M | -1.4M | 1.14M | -8.1M | -13.42M | -18.87M | -12.59M | -11.79M | -10.01M | -14.63M | -9.03M | -5.14M | -20.03M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00 | -0.21 | 0.01 | 0.03 | 0.03 | -0.01 | 0.00 | -0.04 | -0.01 | 0.01 | -0.09 | -0.14 | -0.20 | -0.14 | -0.13 | -0.11 | -0.16 | -0.10 | -0.06 | -0.29 |
| EPS Growth % | -101.33% | - | - | 182.48% | 305.48% | -166.38% | 101.88% | 70.64% | 92.7% | 108.29% | 34.54% | -27.27% | -25% | -41.27% | -128.87% | 62.07% | -223.23% | 33.93% | - | - |
| EPS (Basic) | -0.00 | -0.21 | 0.01 | 0.03 | 0.03 | -0.01 | 0.00 | -0.04 | -0.01 | 0.01 | -0.09 | -0.14 | -0.20 | -0.14 | -0.13 | -0.11 | -0.16 | -0.10 | -0.06 | -0.29 |
| Diluted Shares Outstanding | 112.82M | 112.42M | 113.71M | 114.04M | 114.57M | 104.88M | 104.59M | 99.08M | 96.27M | 98.37M | 95.18M | 94.1M | 93.11M | 92.74M | 92.46M | 92.05M | 91.54M | 91.09M | 90.4M | 68.08M |
| Basic Shares Outstanding | 112.82M | 112.42M | 111.84M | 110.99M | 109.55M | 104.88M | 100.69M | 99.08M | 96.27M | 95.64M | 95.18M | 94.1M | 93.11M | 92.74M | 90.68M | 91.02M | 91.41M | 88.09M | 90.4M | 68.08M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |