Honest Company, Inc. (HNST) Financial Statements
Industry: Catalog & Mail-Order Houses (Retail)
In fiscal 2025, Honest reported revenue of $371.3M, down 1.9% from $378.3M the year before. Net income was -$15.7M (a -4.2% net margin), or -$0.14 per diluted share. Gross margin was 33.3% and operating margin was -5.0%. Operating activities generated $15.1M of cash, leaving $13.6M of free cash flow. At fiscal year end, Honest held $225.4M in total assets against $55.7M in total liabilities, including $89.6M of cash and equivalents.
Open the full interactive Honest financials → Quarterly statements, key ratios, valuation history and price charts.
Honest Key Stats
| Share Price | $5.19 |
|---|---|
| Market Cap | $587.0M |
| Revenue YoY Growth | -1.9% |
| 52-Week Range | $2.10 – $5.95 |
| Shares Outstanding | 110.7 million (basic, 2026 Q2) |
Honest Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $318.6M | $313.7M | $344.4M | $378.3M | $371.3M |
| Gross Profit | $109.2M | $92.3M | $100.5M | $144.7M | $123.8M |
| Operating Income | -$36.8M | -$49.8M | -$38.9M | -$6.3M | -$18.5M |
| Pre-Tax Income | -$38.6M | -$48.9M | -$39.2M | -$6.0M | -$15.5M |
| Income Tax | $77,000 | $110,000 | $75,000 | $75,000 | $204,000 |
| Net Income | -$38.7M | -$49.0M | -$39.2M | -$6.1M | -$15.7M |
| Diluted EPS | -$0.43 | -$0.53 | -$0.42 | -$0.06 | -$0.14 |
Honest Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $92.6M | $88.0M | $78.1M | $83.3M |
| Net Income | $758,000 | -$23.6M | -$42,000 | $10.7M |
| Diluted EPS | $0.01 | -$0.21 | — | $0.09 |
Honest Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $50.8M | $9.5M | $32.8M | $75.4M | $89.6M |
| Current Assets | $213.8M | $189.1M | $157.8M | $213.9M | $202.4M |
| Total Assets | $272.6M | $240.6M | $201.6M | $247.4M | $225.4M |
| Current Liabilities | $48.5M | $63.6M | $56.7M | $59.9M | $50.8M |
| Total Liabilities | $93.5M | $94.2M | $78.5M | $73.1M | $55.7M |
| Shareholders' Equity | $179.1M | $146.4M | $123.1M | $174.3M | $169.7M |
Honest Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$38.2M | -$76.3M | $19.4M | $1.5M | $15.1M |
| Cash From Investing | -$8.6M | $35.0M | $3.8M | -$530,000 | -$1.5M |
| Cash From Financing | $60.4M | $38,000 | $122,000 | $41.6M | $535,000 |
| Free Cash Flow | -$38.4M | -$77.9M | $17.5M | $1.0M | $13.6M |
| Dividends Paid | $35.0M | $0 | $0 | — | — |
Figures from Honest's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Honest financials page for every line item.
Honest Company Profile
| Ticker | HNST |
|---|---|
| Exchange | Nasdaq |
| Industry | Catalog & Mail-Order Houses (Retail) |
| Headquarters | Los Angeles, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, emerging growth company |
| SEC CIK | 0001530979 |
Frequently Asked Questions
What was Honest's revenue in fiscal 2025?
Honest (HNST) reported revenue of $371.3M for fiscal 2025.
What is Honest's annual revenue history?
Honest's annual revenue by fiscal year: 2021: $318.6M; 2022: $313.7M; 2023: $344.4M; 2024: $378.3M; 2025: $371.3M.
What was Honest's net income in fiscal 2025?
Honest reported net income of -$15.7M for fiscal 2025.
What was Honest's earnings per share (EPS) in fiscal 2025?
Honest's diluted EPS was -$0.14 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Honest generate in fiscal 2025?
Honest generated $13.6M of free cash flow in fiscal 2025.
What was Honest's revenue last quarter?
In its most recent reported quarter (2026 Q2), Honest reported revenue of $83.3M.
How many shares of Honest are outstanding?
Honest reported a weighted average of 110.7 million basic shares outstanding in 2026 Q2.
What is Honest's market cap?
Based on its latest closing price, Honest (HNST) has a market capitalization of about $587.0M.
When does Honest's fiscal year end?
Honest's fiscal year end, as registered with the SEC, is December 31.
Where is Honest headquartered?
Honest lists its business address in Los Angeles, California in its SEC filings.