Quarterly ResultAug 5, 2026, 04:14 PM
Honest Company Raises FY26 Outlook; Q2 Net Income $10.7M
AI Summary
The Honest Company reported strong second-quarter 2026 financial results, with net income increasing to $10.7 million and Organic Revenue growing by 6.7% to $80.2 million. The company achieved record profitability and expanded its gross margin by 800 basis points to 48.4%. Based on this performance and continued momentum, Honest Company raised its full-year 2026 financial outlook for revenue, organic revenue growth, adjusted gross margin, and adjusted EBITDA.
Key Highlights
- Raised full-year 2026 revenue outlook to $319M-$325M from $306M-$312M.
- Raised full-year 2026 Organic Revenue growth outlook to 5%-7% from 4%-6%.
- Reported Q2 2026 net income of $10.7 million, up $6.8 million YoY.
- Organic Revenue increased 6.7% to $80.2 million in Q2 2026.
- Gross margin expanded 800 bps to 48.4% in Q2 2026.
- Underlying Adjusted EBITDA Margin increased 160 bps to 9.8% in Q2 2026.
- Cash and cash equivalents increased $33.8 million to $105.9 million.
- Repurchased 5.6 million shares for $18.7 million during the six months.
Price Impact
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