Honest Company, Inc.

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.

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.

The Honest Company announced it will release its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026. Following the release, the company will host a conference call and webcast at 1:45 PM PT / 4:45 PM ET on the same day to discuss the results. Interested participants can register for dial-in details or access the live webcast on the company's investor relations website.

The Honest Company, Inc. has entered into a 10-year lease agreement for approximately 38,240 square feet at 12121 Bluff Creek Drive, Suite 500, Playa Vista, California, to relocate its corporate headquarters by May 1, 2027. The total base rent over the initial term, after a ten-month abatement, is expected to be approximately $33.44 million. The company will also receive a $180.00 per rentable square foot tenant improvement allowance and is required to provide a $1.2 million letter of credit as security.

Honest Company promoted Curtiss Bruce to Chief Financial & Operating Officer, effective May 21, 2026, expanding his role to include principal operating officer duties alongside his financial responsibilities. In connection with his promotion, Mr. Bruce received a long-term incentive award of time-vesting restricted stock units valued at approximately $200,000. Additionally, at its 2026 Annual Meeting, stockholders elected three Class II directors and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2026.

The Honest Company launched its "It's Time to Get Honest" campaign for Flushable Wipes, supported by new survey data. A survey of 2,000 women aged 25-44 revealed that 31% feel connected discussing bathroom habits, compared to 15% feeling embarrassed, challenging long-held taboos. The company is also partnering with SUGARED + BRONZED for a promotional "surprise & delight" initiative in select cities to boost confidence.

Honest Company announced the settlement of several derivative actions filed against its current and former officers and directors. The settlement, which received preliminary court approval on May 1, 2026, includes the enactment of corporate governance reforms and an agreement not to oppose a plaintiff's counsel fee award of up to $1,195,000. A final approval hearing is set for July 13, 2026, and the company made no admission of wrongdoing or liability.

Honest Company reported a net loss of $42,000 for Q1 2026, a significant decline from a net income of $3.25 million in Q1 2025, with revenue decreasing by 19.7% to $78.1 million. The company is executing its "Powering Honest Growth" restructuring plan, which involves exiting lower-margin channels like Honest.com and the apparel category. Honest Company also entered into a new $35.0 million revolving credit facility and repurchased $3.0 million of common stock during the quarter.

The Honest Company reported Q1 2026 financial results, with revenue decreasing 19.7% to $78.1 million due to strategic exits, while Organic Revenue grew 3.9%. The company achieved record gross margins of 42.6%, up 390 basis points, driven by favorable freight and product mix improvements. Despite a net loss of less than $0.1 million, Adjusted Net Income was $1.3 million, and the company reaffirmed its full-year 2026 financial outlook, highlighting the success of its "Powering Honest Growth" strategy.

The Honest Company announced it will release its first quarter 2026 financial results after market close on Wednesday, May 6, 2026. Following the release, the company will host a conference call and webcast at 1:45pm PT/4:45pm ET on the same day to discuss the results. Interested parties can access dial-in details via registration or view the live webcast on the company's investor relations website.