← Honest Company, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $235.6m |
$300.5m
+27.56%
|
$318.6m
+6.03%
|
$313.7m
-1.57%
|
$344.4m
+9.79%
|
$378.3m
+9.87%
|
$371.3m
-1.86%
|
$342.0m
-7.89%
|
|
| Cost of revenue | $159.7m |
$192.6m
+20.59%
|
$209.5m
+8.74%
|
$221.3m
+5.67%
|
$243.8m
+10.16%
|
$233.7m
-4.16%
|
$247.6m
+5.94%
|
$220.0m
-11.11%
|
|
| Gross profit | $75.9m |
$107.9m
+42.24%
|
$109.2m
+1.18%
|
$92.3m
-15.44%
|
$100.5m
+8.90%
|
$144.7m
+43.89%
|
$123.8m
-14.45%
|
$122.0m
-1.45%
|
|
| Research and development | $5.1m | $5.7m | $7.7m | $7.0m | $6.2m | $6.9m | $7.3m | $7.1m | |
| Selling, general and administrative | $70.3m | $71.3m | $84.1m | $87.3m | $94.6m | $99.0m | $79.5m | $125.4m | |
| Restructuring | — | — | $0 | $0 | $2.2m | $0 | $4.2m | $4.4m | |
| Total operating expenses | $107.3m | $121.4m | $146.0m | $142.1m | $139.4m | $151.0m | $142.2m | $132.5m | |
| Operating loss | ($31.5m) |
($13.5m)
+56.96%
|
($36.8m)
-171.98%
|
($49.8m)
-35.18%
|
($38.9m)
+21.84%
|
($6.3m)
+83.73%
|
($18.5m)
-191.60%
|
($10.6m)
+42.83%
|
|
| Interest and other income (expense), net | $429k | ($837k) | ($1.8m) | $871k | ($254k) | $282k | $3.0m | — | |
| Loss before provision for income taxes | ($31.0m) | ($14.4m) | ($38.6m) | ($48.9m) | ($39.2m) | ($6.0m) | ($15.5m) | — | |
| Net loss | ($31.1m) | ($14.5m) | ($38.7m) | ($49.0m) | ($39.2m) | ($6.1m) | ($15.7m) | — | |
| Basic (in USD per share) | ($0.92) | ($0.42) | ($0.54) | ($0.53) | ($0.42) | ($0.06) | ($0.14) | — | |
| Diluted (in USD per share) | ($0.92) | ($0.42) | ($0.54) | ($0.53) | ($0.42) | ($0.06) | ($0.14) | — | |
| Marketing | $31.9m | $44.5m | $54.3m | $47.8m | $36.4m | $45.1m | $51.2m | — | |
| Effective tax rate | $55k | $89k | $77k | $110k | $75k | $75k | $204k | — | |
| Unrealized gain on short-term investments, net of taxes | $196k | ($28k) | ($135k) | $9k | $32k | $0 | $0 | — | |
| Comprehensive loss | ($30.9m) | ($14.5m) | ($38.8m) | ($49.0m) | ($39.2m) | ($6.1m) | ($15.7m) | — |