The Honest Company, Inc. (HNST)

The Honest Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	389.37	378.34	344.37	313.65	318.64	300.52
Revenue Growth (YoY)	12.15%	9.87%	9.79%	-1.57%	6.03%	27.56%
Cost of Revenue	238.93	233.68	243.83	221.34	209.47	192.63
Gross Profit	150.45	144.66	100.53	92.32	109.17	107.9
Selling, General & Admin	145.93	144.14	131.02	135.1	138.32	115.73
Research & Development	7.02	6.85	6.21	7	7.68	5.71
Operating Expenses	152.95	150.99	137.24	142.1	146	121.44
Operating Income	-2.51	-6.33	-36.7	-49.78	-36.83	-13.54
Interest Expense	-	-	-0.27	-	-1.68	-0.94
Interest & Investment Income	1.15	0.51	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-0.1	0.1
Other Non Operating Income (Expenses)	-0.02	-0.23	0.02	0.87	-	-
EBT Excluding Unusual Items	-1.38	-6.05	-36.96	-48.91	-38.6	-14.38
Merger & Restructuring Charges	-	-	-2.21	-	-	-
Pretax Income	-1.38	-6.05	-39.16	-48.91	-38.6	-14.38
Income Tax Expense	0.09	0.08	0.08	0.11	0.08	0.09
Net Income	-1.47	-6.12	-39.24	-49.02	-38.68	-14.47
Preferred Dividends & Other Adjustments	-	-	-	-	-8.36	-
Net Income to Common	-1.47	-6.12	-39.24	-49.02	-30.32	-14.47
Shares Outstanding (Basic)	104	100	95	92	71	34
Shares Outstanding (Diluted)	104	100	95	92	71	34
Shares Change (YoY)	8.66%	6.06%	2.51%	29.63%	108.73%	0.47%
EPS (Basic)	-0.01	-0.06	-0.42	-0.53	-0.43	-0.42
EPS (Diluted)	-0.02	-0.06	-0.42	-0.53	-0.43	-0.43
Free Cash Flow	-2.25	1.01	17.52	-77.89	-38.37	-12.27
Free Cash Flow Per Share	-0.02	0.01	0.18	-0.84	-0.54	-0.36
Gross Margin	38.64%	38.23%	29.19%	29.43%	34.26%	35.90%
Operating Margin	-0.64%	-1.67%	-10.66%	-15.87%	-11.56%	-4.50%
Profit Margin	-0.38%	-1.62%	-11.39%	-15.63%	-9.52%	-4.81%
Free Cash Flow Margin	-0.58%	0.27%	5.09%	-24.83%	-12.04%	-4.08%
EBITDA	0.33	-3.49	-33.96	-47.03	-32.68	-8.69
EBITDA Margin	0.09%	-0.92%	-9.86%	-14.99%	-10.26%	-2.89%
D&A For EBITDA	2.84	2.84	2.74	2.75	4.15	4.85
EBIT	-2.51	-6.33	-36.7	-49.78	-36.83	-13.54
EBIT Margin	-0.64%	-1.67%	-10.66%	-15.87%	-11.56%	-4.50%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q