Filing Flows › Honest Company (HNST) › Q4 2025
Honest Company (HNST) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Honest Company (HNST) reported revenue of $88.0M for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and -5% from the quarter before. Operating margin was -27.5%, net loss $23.6M (26.8% of revenue).
Honest Company, Q4 2025: revenue $88.0M (-12% year over year), operating margin -27.5%, net loss $23.6M, operating cash flow $19.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $88.0M | -5% | -12% |
| Operating profit | −$24.2M | -7822% | — |
| Net earnings | −$23.6M | -3209% | — |
| Operating cash flow | $19.3M | — | — |
| Free cash flow | $18.1M | — | — |
What changed
Revenue was $88.0M in Q4 2025, down 12% year over year and down 5% from the previous quarter.
Gross margin was 15.7%, down 23.1 points from a year earlier. Operating costs exceeded revenue by $24.2M, an operating margin of -27.5%. Operating expenses fell 4% while revenue fell 12%. The fastest-growing cost line was Other operating costs (+39%). The quarter ended with a net loss of $23.6M, after a profit of $758K the previous quarter.
Operating cash flow was $19.3M. Non-cash charges added back $721K of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $39.2M. Capital expenditures of $1.2M left free cash flow of $18.1M.
Questions
What was Honest Company's revenue in the fourth quarter 2025?
Honest Company (HNST) reported revenue of $88.0M for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and -5% from the quarter before.
Was Honest Company profitable in the fourth quarter 2025?
Operating loss was $24.2M (-27.5% of revenue) and net loss $23.6M.
Source: Honest Company 10-K on SEC EDGAR.