HNST · Honest Company, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $78.10M | - | $92.57M | $93.46M | $97.25M | - | $99.24M | $93.05M | $86.22M | - |
| Cost of Revenue | $44.83M | - | $58.08M | $55.71M | $59.58M | - | $60.84M | $57.44M | $54.34M | - |
| Gross Profit | $33.27M | - | $34.49M | $37.75M | $37.67M | - | $38.40M | $35.61M | $31.88M | - |
| R&D | $1.86M | - | $1.70M | $1.96M | $1.85M | - | $1.74M | $1.71M | $1.68M | - |
| SG&A | $17.47M | - | $17.68M | $20.35M | $21.04M | - | $23.43M | $26.43M | $22.42M | - |
| Total Operating Expenses | $33.93M | - | $34.18M | $34.86M | $35.16M | - | $38.34M | $39.66M | $33.20M | - |
| D&A | $646.0K | - | - | - | $717.0K | - | - | - | $717.0K | - |
| Operating Income | ($659.0K) | - | $313.0K | $2.89M | $2.51M | - | $57.0K | ($4.04M) | ($1.31M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $46.0K | - | $110.0K | $44.0K | $40.0K | - | $19.0K | $13.0K | $25.0K | - |
| Net Income | ($42.0K) | - | $758.0K | $3.87M | $3.25M | - | $165.0K | ($4.08M) | ($1.40M) | - |
| EPS - Basic | $0.00 | - | $0.01 | $0.03 | $0.03 | - | $0.00 | ($0.04) | ($0.01) | - |
| EPS - Diluted | $0.00 | - | $0.01 | $0.03 | $0.03 | - | $0.00 | ($0.04) | ($0.01) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $90.37M | $89.58M | $71.45M | $72.08M | $72.82M | $75.44M | $53.44M | $36.59M | $33.59M | $32.83M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $61.18M | $72.50M | $93.85M | $95.03M | $90.26M | $85.27M | $74.72M | $73.67M | $74.50M | $73.49M |
| Accounts Payable | $15.09M | $15.13M | $17.72M | $21.17M | $22.78M | $22.81M | $24.35M | $19.92M | $25.30M | $22.29M |
| Current Assets | $192.81M | $202.43M | $216.16M | $220.91M | $234.62M | $213.92M | $173.30M | $162.22M | $156.36M | $157.77M |
| Total Assets | $214.92M | $225.41M | $241.54M | $249.03M | $265.30M | $247.39M | $209.20M | $200.15M | $198.07M | $201.62M |
| Current Liabilities | $42.75M | $50.82M | $44.87M | $53.26M | $73.96M | $59.89M | $59.98M | $52.94M | $53.66M | $56.71M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $45.83M | $55.74M | $51.35M | $62.00M | $84.95M | $73.09M | $75.33M | $70.47M | $73.30M | $78.48M |
| Stockholders' Equity | $169.09M | $169.67M | $190.19M | $187.03M | $180.36M | $174.31M | $133.87M | $129.68M | $124.77M | $123.14M |
| Retained Earnings | ($500.92M) | ($500.88M) | ($477.31M) | ($478.07M) | ($481.94M) | ($485.19M) | ($484.38M) | ($484.55M) | ($480.47M) | ($479.07M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.52M | - | - | - | ($2.94M) | - | - | - | $336.0K | - |
| Investing Cash Flow | ($1.74M) | - | - | - | ($62.0K) | - | - | - | ($76.0K) | - |
| Financing Cash Flow | ($3.00M) | - | - | - | $383.0K | - | - | - | $498.0K | - |
| CapEx | $1.74M | - | - | - | $62.0K | - | - | - | $76.0K | - |
| Free Cash Flow | $3.79M | - | - | - | ($3.00M) | - | - | - | $260.0K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 42.6% | - | 37.3% | 40.4% | 38.7% | - | 38.7% | 38.3% | 37.0% | - |
| Operating margin | -0.8% | - | 0.3% | 3.1% | 2.6% | - | 0.1% | -4.3% | -1.5% | - |
| EBITDA margin | -0.0% | - | - | - | 3.3% | - | - | - | -0.7% | - |
| Net margin | -0.1% | - | 0.8% | 4.1% | 3.3% | - | 0.2% | -4.4% | -1.6% | - |
| Free cash flow margin | 4.8% | - | - | - | -3.1% | - | - | - | 0.3% | - |
| FCF / Net income | -90.14 | - | - | - | -0.92 | - | - | - | -0.19 | - |
| R&D / Revenue | 2.4% | - | 1.8% | 2.1% | 1.9% | - | 1.8% | 1.8% | 1.9% | - |
| SG&A / Revenue | 22.4% | - | 19.1% | 21.8% | 21.6% | - | 23.6% | 28.4% | 26.0% | - |
| Effective tax rate | 1150.0% | - | 12.7% | 1.1% | 1.2% | - | 10.3% | - | - | - |
| Return on assets | -0.0% | - | 0.3% | 1.6% | 1.2% | - | 0.1% | -2.0% | -0.7% | - |
| Return on equity | -0.0% | - | 0.4% | 2.1% | 1.8% | - | 0.1% | -3.1% | -1.1% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.51 | 3.98 | 4.82 | 4.15 | 3.17 | 3.57 | 2.89 | 3.06 | 2.91 | 2.78 |
| Quick ratio | 3.08 | 2.56 | 2.73 | 2.36 | 1.95 | 2.15 | 1.64 | 1.67 | 1.53 | 1.49 |
| Cash ratio | 2.11 | 1.76 | 1.59 | 1.35 | 0.98 | 1.26 | 0.89 | 0.69 | 0.63 | 0.58 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.27 | 1.33 | 1.27 | 1.33 | 1.47 | 1.42 | 1.56 | 1.54 | 1.59 | 1.64 |
| Liabilities / Assets | 0.21 | 0.25 | 0.21 | 0.25 | 0.32 | 0.30 | 0.36 | 0.35 | 0.37 | 0.39 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | - | 0.38 | 0.38 | 0.37 | - | 0.47 | 0.46 | 0.44 | - |
| Inventory turnover | 0.73 | - | 0.62 | 0.59 | 0.66 | - | 0.81 | 0.78 | 0.73 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 498d | - | 590d | 623d | 553d | - | 448d | 468d | 500d | - |
| Days payable outstanding | 123d | - | 111d | 139d | 140d | - | 146d | 127d | 170d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 368.0x | 169.7x | 156.7x | - | - | - | - | - |
| P / B | 2.0x | - | 2.2x | 3.1x | 3.0x | - | 2.8x | 2.2x | 3.1x | - |
| P / S | 4.2x | - | 4.5x | 6.2x | 5.5x | - | 3.8x | 3.1x | 4.5x | - |
| EV / EBITDA | - | - | - | - | 144.4x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -19.7% | - | -6.7% | 0.4% | 12.8% | - | 15.2% | 10.1% | 3.4% | - |
| Revenue CAGR (3y) | -2.2% | - | 3.1% | 6.0% | 12.3% | - | 8.4% | 8.7% | 6.0% | - |
| Revenue CAGR (5y) | 1.5% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -11.7% | - | -10.2% | 6.0% | 18.2% | - | 41.1% | 55.5% | 57.8% | - |
| Operating income growth (YoY) | - | - | 449.1% | - | - | - | - | 69.8% | 93.0% | - |
| Net income growth (YoY) | - | - | 359.4% | - | - | - | - | 69.6% | 92.6% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | 71.4% | 95.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -6.2% | -2.7% | 42.1% | 44.2% | 44.6% | 41.6% | 11.5% | 4.2% | -5.0% | -15.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$344.37M totalDiapers And Wipes$218.26M · 63.4%
Skin And Personal Care$88.10M · 25.6%
Household And Wellness$38.00M · 11.0%
Peer comparison
Same SIC group: Retail-Catalog & Mail-Order Houses
Comparing Honest Company against the 5 most active filers in the same SIC group.