Honest Co Earnings Reports

The Honest Company delivered a strong second quarter in 2025, achieving positive net income for the second consecutive quarter and expanding its gross margin. Revenue saw a slight increase, primarily from retail, while adjusted EBITDA remained stable. The company reaffirmed its full-year 2025 financial outlook.

The Honest Company achieved a solid start to 2025, with revenue increasing by 13% to $97 million, gross margin expanding to 39%, and net income reaching $3 million, reflecting continued strength in strategy and execution.

The Honest Company achieved record quarterly revenue of $100 million, an 11% increase from the prior year, and expanded its gross margin by 530 basis points to 39%. The company reported a net loss of less than $1 million, an improvement compared to net income of $1 million in the prior year, and positive adjusted EBITDA of $9 million.

The Honest Company reported strong Q3 2024 results, achieving record revenue of $99 million, a 15% increase year-over-year. The company delivered positive net income and expanded gross margin by 710 basis points to 38.7%. Due to this performance, the company raised its full year 2024 revenue and adjusted EBITDA outlook.

The Honest Company reported strong second-quarter results, achieving record revenue of $93 million, up 10% year-over-year. Gross margin improved significantly to 38%, a 1,120 basis point increase. The company raised its full-year 2024 revenue and adjusted EBITDA outlook.

The Honest Company reported a 3% increase in revenue to $86 million, driven by growth in baby apparel, wipes, and baby personal care. Gross margin improved to 37%, and the company achieved a net loss of $1 million, a significant improvement from the $19 million loss in the same quarter last year. Adjusted EBITDA was positive $3 million, marking the second consecutive quarter of positive adjusted EBITDA.

The Honest Company reported a 10% increase in revenue to $90 million in Q4 2023, driven by growth in the digital channel, volume growth, and price increases. The company achieved positive net income of $1 million and positive Adjusted EBITDA of $4 million. Gross margin improved to 33.5%, and operating expenses decreased by $6 million.

The Honest Company reported a 2% increase in revenue to $86 million, driven by strong retail consumption, growth in the Digital channel, strong baby clothing performance, and the benefit of price increases. The company's gross margin was 31.6%, the highest in the last two years, and the net loss was $8 million. The company raised its revenue and Adjusted EBITDA outlook for the full year 2023.

The Honest Company reported an 8% increase in revenue for Q2 2023, reaching $85 million, driven by retail consumption and digital channel growth. However, the company's net loss increased to $13 million. The company is increasing its full year 2023 revenue outlook to be up low-single to mid-single digits versus revenue reported for the full year 2022.

The Honest Company reported a strong first quarter with a 21% increase in revenue driven by growth in both digital and retail channels. The company launched a Transformation Initiative aimed at improving the cost structure and driving long-term value creation. They are raising the full year revenue outlook.

The Honest Company's Q4 2022 revenue increased by 2% to $81.9 million, driven by strong retail consumption, distribution gains, and price increases, which was partially offset by a decline in Digital revenue. Net loss for the quarter was $12.6 million, compared to a net loss of $9.0 million in the same quarter of the previous year.

The Honest Company reported a 2% increase in revenue to $85 million for the third quarter of 2022. Growth was driven by Household and Wellness category, offset by a decrease in Skin and Personal Care. The company updates full year 2022 revenue outlook for key digital customer’s inventory adjustments; maintains full year Adjusted EBITDA outlook, reflecting positive Adjusted EBITDA in the fourth quarter.

The Honest Company reported a 5% increase in revenue for the second quarter of 2022, driven by strong performance in Diapers and Wipes and Household and Wellness, while updating the full year outlook for cost pressures.

The Honest Company reported a 15% decrease in revenue to $69 million for Q1 2022, compared to Q1 2021, and a net loss of $15 million, compared to a net loss of $4 million in the same period last year. The company maintains its full-year 2022 outlook and expects to return to growth over the next three quarters. They ended the quarter with $78 million in cash, cash equivalents and short-term investments.

The Honest Company reported a 3% increase in revenue to $80.4 million for Q4 2021 compared to Q4 2020. Core category revenue, which includes Diapers and Wipes, and Skin and Personal Care, increased 19% year-over-year. The company's net loss for the quarter was $9.0 million, compared to a net loss of $12.7 million in the same quarter of the previous year.

The Honest Company reported a 6% increase in revenue compared to Q3 2020, driven by growth in Diapers and Wipes and Skin and Personal Care categories, while facing inflationary pressure and supply chain challenges.

The Honest Company reported a 3% increase in revenue for Q2 2021 compared to Q2 2020. Skin and Personal Care revenue increased by 16%, while Diapers and Wipes declined by 2%, and Household and Wellness declined by 6%. The company's gross margin was 36%, a decrease of 50 basis points year-over-year. Net loss for the quarter was $20.0 million, and adjusted EBITDA was a loss of $0.8 million.

The Honest Company reported a strong start to 2021 with a 12% revenue increase to $81.0 million compared to Q1 2020. Growth was driven by Skin and Personal Care products and sanitization products. The company reported a net loss of $4.5 million compared to a net income of $0.6 million in the same period last year.