Honest Company, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $371.3M | $378.3M | $344.4M | $313.7M | $318.6M |
| Cost of revenue | $247.6M | $233.7M | $243.8M | $221.3M | $209.5M |
| Gross profit | $123.8M | $144.7M | $100.5M | $92.3M | $109.2M |
| Selling, general & administrative | $79.5M | $99.0M | $94.6M | $87.3M | $84.1M |
| Research and development | $7.3M | $6.9M | $6.2M | $7.0M | $7.7M |
| Operating expenses | $142.2M | $151.0M | $139.4M | $142.1M | $146.0M |
| Operating income | -$18.5M | -$6.3M | -$38.9M | -$49.8M | -$36.8M |
| Pretax income | -$15.5M | -$6.0M | -$39.2M | -$48.9M | -$38.6M |
| Income tax expense | $204,000 | $75,000 | $75,000 | $110,000 | $77,000 |
| Net income | -$15.7M | -$6.1M | -$39.2M | -$49.0M | -$38.7M |
| Balance Sheet | |||||
| Cash and equivalents | $89.6M | $75.4M | $32.8M | $9.5M | $50.8M |
| Current assets | $202.4M | $213.9M | $157.8M | $189.1M | $213.8M |
| Total assets | $225.4M | $247.4M | $201.6M | $240.6M | $272.6M |
| Current liabilities | $50.8M | $59.9M | $56.7M | $63.6M | $48.5M |
| Total liabilities | $55.7M | $73.1M | $78.5M | $94.2M | $93.5M |
| Stockholders' equity | $169.7M | $174.3M | $123.1M | $146.4M | $179.1M |
| Cash Flow Statement | |||||
| Cash from operations | $15.1M | $1.5M | $19.4M | -$76.3M | -$38.2M |
| Depreciation and amortization | $2.9M | $2.8M | $2.7M | $2.8M | $4.1M |
| Stock-based compensation | $10.5M | $15.7M | $15.8M | $15.1M | $16.8M |
| Capital expenditure | $1.5M | $530,000 | $1.8M | $1.6M | $220,000 |
| Free cash flow | $13.6M | $1.0M | $17.5M | -$77.9M | -$38.4M |
| Dividends paid | — | — | $0 | $0 | $35.0M |
| Impairments | $2.9M | $0 | $0 | — | — |
Shares outstanding 110.1M · Free float 84.4%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.