Filing Flows › Honest Company (HNST) › Q2 2025
Honest Company (HNST) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Honest Company (HNST) reported revenue of $93.5M for the second quarter 2025 (Q2 2025), +0.4% from a year earlier and -4% from the quarter before. Operating margin was 3.1%, net earnings $3.9M (4.1% of revenue).
Honest Company, Q2 2025: revenue $93.5M (+0.4% year over year), operating margin 3.1%, net earnings $3.9M, operating cash flow −$745K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.5M | -4% | +0.4% |
| Gross profit | $37.8M | +0.2% | +6% |
| Operating profit | $2.9M | +15% | — |
| Net earnings | $3.9M | +19% | — |
| Operating cash flow | −$745K | — | — |
What changed
Revenue was $93.5M in Q2 2025, roughly flat year over year and down 4% from the previous quarter.
Gross margin was 40.4%, up 2.1 points from a year earlier. Operating profit was $2.9M, a 3.1% margin (up 7.4 points year over year). Operating expenses fell 12% while revenue was flat. The fastest-growing cost line was Research & development (+14%). Net earnings were $3.9M. The effective tax rate was 1.1%. Non-operating items added $1.0M, 26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$745K. Non-cash charges added back $741K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $8.1M. Capital expenditures of $81K exceeded it, leaving free cash flow of −$826K.
Questions
What was Honest Company's revenue in the second quarter 2025?
Honest Company (HNST) reported revenue of $93.5M for the second quarter 2025 (Q2 2025), +0.4% from a year earlier and -4% from the quarter before.
Was Honest Company profitable in the second quarter 2025?
Operating profit was $2.9M (3.1% of revenue) and net earnings $3.9M.
Source: Honest Company 10-Q on SEC EDGAR.