Filing Flows › Honest Company (HNST) › Q2 2026 › vs Q1 2026
Honest Company (HNST) Q2 2026 vs Q1 2026 (quarter over quarter)
Honest Company's revenue rose $5.2M (+7%) from $78.1M in Q1 2026 to $83.3M in Q2 2026. Gross margin 48.4% against 42.6% (+5.8 pts).
Honest Company, Q2 2026: revenue $83.3M (-11% year over year), operating margin 11.5%, net earnings $10.7M, operating cash flow $32.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 48.4% | 42.6% | +5.8 pts |
| Operating margin | 11.5% | -0.8% | +12.3 pts |
| Net margin | 12.8% | -0.1% | +12.9 pts |
| Free cash flow margin | 37.8% | 4.8% | +32.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $83.3M | $78.1M | $5.2M | +7% |
| Gross profit | $40.4M | $33.3M | $7.1M | +21% |
| Cost of revenue | $42.9M | $44.8M | −$1.9M | -4% |
| Other income, net | $1.2M | $663K | $511K | +77% |
| Operating profit | $9.6M | −$659K | $10.2M | — |
| Operating expenses | $30.8M | $33.9M | −$3.1M | -9% |
| Pre-tax earnings | $10.8M | $4K | $10.7M | 2,688× |
| Research & development | $1.7M | $1.9M | −$140K | -8% |
| SG&A | $15.0M | $17.5M | −$2.5M | -14% |
| Other operating costs | $14.1M | $14.6M | −$506K | -3% |
| Net earnings | $10.7M | −$42K | $10.7M | — |
| Income tax | $65K | $46K | $19K | +41% |
| Depreciation & amortization | $698K | $646K | $52K | +8% |
| Share-based compensation | $3.0M | $2.5M | $550K | +22% |
| Working capital & other | $17.8M | $2.5M | $15.4M | +628% |
| Operating cash flow | $32.2M | $5.5M | $26.7M | +484% |
| Free cash flow (OCF − capex) | $31.5M | $3.8M | $27.7M | +732% |
| Capital expenditures | $762K | $1.7M | −$974K | -56% |
Questions
How much did Honest Company's revenue grow quarter over quarter in Q2 2026?
Honest Company's revenue rose $5.2M (+7%) from $78.1M in Q1 2026 to $83.3M in Q2 2026. Gross margin 48.4% against 42.6% (+5.8 pts).