Filing Flows › Honest Company (HNST) › Q3 2026
Honest Company (HNST) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Honest Company (HNST) reported revenue of $84.6M for the third quarter 2026 (Q3 2026), -9% from a year earlier and +2% from the quarter before. Operating margin was 1.4%, net earnings $91.3M (107.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $84.6M | +2% | -9% |
| Gross profit | $38.1M | -6% | +10% |
| Operating profit | $1.2M | -88% | +271% |
| Net earnings | $91.3M | +754% | 120× |
| Operating cash flow | −$4.5M | -114% | — |
What changed
Revenue was $84.6M in Q3 2026, down 9% year over year and up 2% from the previous quarter. Wipes was the largest line at 46% of revenue. Honest.com, Apparel and Canada lost $14.7M year over year (down 73%), 184% of the total change.
Gross margin was 45.0%, up 7.7 points from Q3 2025. Operating profit was $1.2M, a 1.4% margin (up 1.0 points year over year). Operating expenses grew 8% against a revenue fall of 9%. The fastest-growing cost line was Research & development (+26%). Net earnings were $91.3M, up 11947% year over year. The tax line was a benefit of $89.4M on pre-tax earnings of $1.9M. Non-operating items added $763K, 40% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.5M. Non-cash charges added back $677K of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $99.6M. Capital expenditures of $269K exceeded it, leaving free cash flow of −$4.8M.
Questions
What was Honest Company's revenue in the third quarter 2026?
Honest Company (HNST) reported revenue of $84.6M for the third quarter 2026 (Q3 2026), -9% from a year earlier and +2% from the quarter before.
Was Honest Company profitable in the third quarter 2026?
Operating profit was $1.2M (1.4% of revenue) and net earnings $91.3M.
Source: Honest Company 10-Q on SEC EDGAR.