Filing Flows › Honest Company (HNST) › Q3 2026 › vs Q2 2026
Honest Company (HNST) Q3 2026 vs Q2 2026 (quarter over quarter)
Honest Company's revenue rose $1.3M (+2%) from $83.3M in Q2 2026 to $84.6M in Q3 2026. The biggest changes: Diapers −$3.0M (-15%); Personal Care and Other +$2.9M (+14%); Honest.com, Apparel and Canada +$2.2M (+72%). Gross margin 45.0% against 48.4% (-3.5 pts).
Honest Company, Q3 2026: revenue $84.6M (-9% year over year), operating margin 1.4%, net earnings $91.3M, operating cash flow −$4.5M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 45.0% | 48.4% | -3.5 pts |
| Operating margin | 1.4% | 11.5% | -10.1 pts |
| Net margin | 107.9% | 12.8% | +95.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Wipes | $38.6M | $39.5M | −$864K | -2% |
| Personal Care and Other | $23.5M | $20.5M | $2.9M | +14% |
| Diapers | $17.2M | $20.2M | −$3.0M | -15% |
| Honest.com, Apparel and Canada | $5.3M | $3.1M | $2.2M | +72% |
| Revenue | $84.6M | $83.3M | $1.3M | +2% |
| Gross profit | $38.1M | $40.4M | −$2.3M | -6% |
| Cost of revenue | $46.5M | $42.9M | $3.6M | +8% |
| Other income, net | $763K | $1.2M | −$411K | -35% |
| Operating profit | $1.2M | $9.6M | −$8.4M | -88% |
| Operating expenses | $36.9M | $30.8M | $6.1M | +20% |
| Pre-tax earnings | $1.9M | $10.8M | −$8.8M | -82% |
| Research & development | $2.1M | $1.7M | $427K | +25% |
| SG&A | $16.6M | $15.0M | $1.7M | +11% |
| Other operating costs | $18.1M | $14.1M | $4.0M | +29% |
| Income tax benefit | $89.4M | −$65K | $89.5M | — |
| Net earnings | $91.3M | $10.7M | $80.6M | +754% |
| Operating cash sources | $99.6M | −$17.8M | $117M | — |
| Depreciation & amortization | $677K | $698K | −$21K | -3% |
| Share-based compensation | $3.1M | $3.0M | $127K | +4% |
| Cash used in operations | $4.5M | −$32.2M | $36.7M | — |
| Working capital & other | $99.6M | −$17.8M | $117M | — |
Questions
How much did Honest Company's revenue grow quarter over quarter in Q3 2026?
Honest Company's revenue rose $1.3M (+2%) from $83.3M in Q2 2026 to $84.6M in Q3 2026.
What drove Honest Company's revenue change in Q3 2026?
Diapers −$3.0M (-15%); Personal Care and Other +$2.9M (+14%); Honest.com, Apparel and Canada +$2.2M (+72%).