Quarterly ResultAug 5, 2026, 04:16 PM
Honest Company Q2 Net Income $10.7M, EPS $0.10; Revenue $83.3M
AI Summary
Honest Company reported Q2 2026 net income of $10.7 million, a significant increase from $3.9 million in the prior year, with basic EPS rising to $0.10. Revenue decreased to $83.3 million, primarily due to strategic exits from lower-margin channels like direct-to-consumer sales and apparel. The company also generated $37.8 million in net cash from operating activities for the first half of 2026 and repurchased $19.1 million in common stock.
Key Highlights
- Q2 2026 Net Income: $10.7M, up from $3.9M YoY.
- Q2 2026 Basic EPS: $0.10, up from $0.03 YoY.
- Q2 2026 Revenue: $83.3M, down from $93.5M YoY.
- H1 2026 net cash from operations: $37.8M, a significant improvement.
- Repurchased $19.1M of common stock in H1 2026.
- Exited direct-to-consumer sales and apparel category.
- Amended $35M revolving credit facility, extended to 2029.
- Settled derivative lawsuits for $1.2M, covered by insurance.
Price Impact
More from HNST