Honest Company, Inc.
Business
The Honest Company is a personal care company that designs and sells cleanly-formulated and sustainably-sourced products across wipes, diapers, and personal care categories for babies and adults. Products are distributed through retail partnerships with major retailers including Target, Amazon and Walmart, as well as through third-party e-commerce sites, with the company transitioning away from direct-to-consumer fulfillment on Honest.com as of December 31, 2025. The company operates as a single reportable segment and competes on clean formulation, sustainability, effectiveness and design against both legacy CPG brands and emerging direct-to-consumer competitors.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 371 | 378 | 344 | 314 | 319 | |
| Cost of revenue | 248 | 234 | 244 | 221 | 209 | |
| Gross profit | 124 | 145 | 101 | 92 | 109 | |
| Selling, general and administrative | 80 | 99 | 95 | 87 | 84 | |
| Marketing | 51 | 45 | 36 | 48 | 54 | |
| Restructuring | 4 | 0 | 2 | 0 | 0 | |
| Research and development | 7 | 7 | 6 | 7 | 8 | |
| Total operating expenses | 142 | 151 | 139 | 142 | 146 | |
| Operating loss | −18 | −6 | −39 | −50 | −37 | |
| Interest and other income (expense), net | 3 | 282,000 | −254,000 | 871,000 | −2 | |
| Loss before provision for income taxes | −15 | −6 | −39 | −49 | −39 | |
| Effective tax rate | 204,000 | 75,000 | 75,000 | 110,000 | 77,000 | |
| Net loss | −16 | −6 | −39 | −49 | −39 | |
| Basic (in USD per share) | −0.14 | −0.06 | −0.42 | −0.53 | −0.43 | |
| Diluted (in USD per share) | −0.14 | −0.06 | −0.42 | −0.53 | −0.43 | |
| Basic (in shares) | 111 | 100 | 95 | 92 | 71 | |
| Diluted (in shares) | 111 | 100 | 95 | 92 | 71 | |
| Unrealized gain on short-term investments, net of taxes | 0 | 0 | 32,000 | 9,000 | −135,000 | |
| Comprehensive loss | −16 | −6 | −39 | −49 | −39 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 90 | 75 | 33 | 10 | 51 | |
| Accounts receivable, net | 34 | 43 | 43 | 42 | 32 | |
| Inventories | 73 | 85 | 73 | 116 | 76 | |
| Prepaid expenses and other current assets | 7 | 10 | 8 | 16 | 13 | |
| Total current assets | 202 | 214 | 158 | 189 | 214 | |
| Operating lease right-of-use asset | 11 | 17 | 24 | 30 | — | |
| Property and equipment, net | 7 | 11 | 13 | 14 | — | |
| Goodwill | 2 | 2 | 2 | 2 | 2 | |
| Intangible assets, net | 162,000 | 235,000 | 309,000 | 370,000 | 440,000 | |
| Other assets | 2 | 2 | 4 | 5 | 3 | |
| Total assets | 225 | 247 | 202 | 241 | 273 | |
| Accounts payable | 15 | 23 | 22 | 25 | 29 | |
| Accrued expenses | 36 | 36 | 32 | 38 | 19 | |
| Deferred revenue | 0 | 1 | 2 | 815,000 | 731,000 | |
| Total current liabilities | 51 | 60 | 57 | 64 | 48 | |
| Operating lease liabilities, net of current portion | 5 | 13 | 22 | 30 | — | |
| Total liabilities | 56 | 73 | 78 | 94 | 93 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value, 20,000,000 shares authorized at December 31, 2025 and 2024, none issued or outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value, 1,000,000,000 shares authorized at December 31, 2025 and 2024; 112,809,637 and 109,159,697 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 11,000 | 11,000 | 9,000 | 9,000 | 9,000 | |
| Additional paid-in capital | 671 | 659 | 602 | 586 | 571 | |
| Accumulated deficit | −501 | −485 | −479 | −440 | −392 | |
| Total stockholders equity | 170 | 174 | 123 | 146 | 179 | |
| Total liabilities and stockholders equity | 225 | 247 | 202 | 241 | 273 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 3 | 3 | 3 | 3 | 4 | |
| Stock-based compensation | 11 | 16 | 16 | 15 | 17 | |
| Fixed asset impairment | 3 | 0 | 0 | — | — | |
| Amortization of operating ROU assets | 7 | 6 | 6 | 6 | — | |
| Apparel inventory write-down | 16 | 0 | 0 | — | — | |
| Other | 6 | 746,000 | −1 | −558,000 | 311,000 | |
| Accounts receivable, net | 10 | −378,000 | −682,000 | −11 | −9 | |
| Inventories | −7 | −11 | 43 | −39 | 1 | |
| Prepaid expenses and other assets | 4 | −1 | 8 | −4 | −6 | |
| Accounts payable, accrued expenses and other long-term liabilities | −11 | 4 | −9 | 10 | −7 | |
| Deferred revenue | −375,000 | −998,000 | 1 | 83,000 | 14,000 | |
| Operating lease liabilities | −9 | −8 | −8 | −7 | — | |
| Net cash provided by operating activities | 15 | 2 | 19 | −76 | −38 | |
| Proceeds from maturities of short-term investments | 0 | 0 | 6 | 49 | 29 | |
| Purchases of property and equipment | −2 | −530,000 | −2 | −2 | −220,000 | |
| Purchases of intangible assets | 0 | 0 | −10,000 | 0 | 0 | |
| Net cash provided (used in) provided by investing activities | −2 | −530,000 | 4 | 35 | −9 | |
| Proceeds from exercise of stock options | 384,000 | 41 | 4,000 | 122,000 | 6 | |
| Proceeds from 2021 ESPP | 152,000 | 163,000 | 176,000 | 256,000 | 291,000 | |
| Payments on finance lease liabilities | −1,000 | −19,000 | −58,000 | −303,000 | — | |
| Net cash provided by financing activities | 535,000 | 42 | 122,000 | 38,000 | 60 | |
| Net increase in cash and cash equivalents | 14 | 43 | 23 | −41 | 14 | |
| Interest | 0 | 0 | 1,000 | 8,000 | 2 | |
| Income Taxes | 110,000 | 89,000 | 116,000 | 101,000 | 76,000 | |
| Capital expenditures included in accounts payable and accrued expenses | 496,000 | 44,000 | 25,000 | 54,000 | 33,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Honest Company, Inc.'s CIK number?
Honest Company, Inc.'s SEC CIK number is 0001530979 (1530979). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Honest Company, Inc.'s SEC filings?
All of Honest Company, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Honest Company, Inc. last report earnings?
Honest Company, Inc. (HNST) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-031240). This is Honest Company, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Honest Company, Inc.'s most recent earnings 8-K?
Honest Company, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001628280-26-031240. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Honest Company, Inc.'s latest earnings 8-K →
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