The Honest Company Inc (HNST) financials
Honest revenue and earnings by year
Honest's revenue was $371 million in the fiscal year to December 31, 2025, down 1.9% from the year before. Net income was -$15.7 million, -4.2% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 7.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 371 | 378 | 344 | 314 | 319 | 301 | 236 |
| Revenue growth | -1.9% | 9.9% | 9.8% | -1.6% | 6.0% | 27.6% | — |
| Gross profit | 124 | 145 | 101 | 92 | 109 | 108 | 76 |
| Gross margin | 33.3% | 38.2% | 29.2% | 29.4% | 34.3% | 35.9% | 32.2% |
| Operating income | -18 | -6 | -39 | -50 | -37 | -14 | -31 |
| Operating margin | -5.0% | -1.7% | -11.3% | -15.9% | -11.6% | -4.5% | -13.4% |
| Net income | -16 | -6 | -39 | -49 | -39 | -14 | -31 |
| Net margin | -4.2% | -1.6% | -11.4% | -15.6% | -12.1% | -4.8% | -13.2% |
| Diluted EPS | -$0.14 | -$0.06 | -$0.42 | -$0.53 | -$0.43 | -$0.43 | — |
| Free cash flow | 14 | 1 | 18 | -78 | -38 | -12 | -21 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open HNST in Markets.
How Honest makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Wipes | $39.5M | 47.4% |
| Personal Care & Other | $20.5M | 24.6% |
| Diapers | $20.2M | 24.2% |
| Honest Com Apparel & Canada | $3.11M | 3.7% |
See also: HNST returns
No forecast, no recommendation. This page describes The Honest Company Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.