Honest Company (HNST) Cost of Revenue (2020 - 2026)
Honest Company (HNST) posted Cost of Revenue of $42.94 million for Q2 2026, down 22.9% from $55.71 million a year earlier and down 4.2% from the prior quarter.
Powered by 
Analysis
Honest Company (HNST) Cost of Revenue (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Honest Company was $220.05 million, down 7.2% year-over-year; for FY2025, it came in at $247.56 million, up 5.9% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In prior years, Honest Company's Cost of Revenue was $233.68 million in FY2024 (-4.2%), $243.83 million in FY2023 (+10.2%), $221.34 million in FY2022 (+5.7%) and $209.47 million in FY2021 (+8.7%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue in data going back to Q1 2020.
- On a year-over-year basis, Cost of Revenue increased in four of the last eight quarters, with an average decline of 2.4%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2023, with growth of 31.4%; the weakest was Q1 2026, with a decline of 24.8%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $44.83 million (Q1 2026), $74.19 million (Q4 2025) and $58.08 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 390.78 Bn | 342.58 Bn | 11.60 Bn | 11.68 Bn |
| 2 | Colgate Palmolive | 77.96 Bn | 72.79 Bn | 3.23 Bn | 2.14 Bn |
| 3 | Estee Lauder Companies | 41.21 Bn | 28.31 Bn | 2.81 Bn | 902.00 Mn |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 1.57 Bn |
| 5 | Kimberly Clark | 36.84 Bn | 32.92 Bn | 1.44 Bn | 2.69 Bn |
| 6 | Church & Dwight | 26.38 Bn | 24.77 Bn | 749.40 Mn | 852.70 Mn |
| 7 | Clorox | 12.88 Bn | 11.29 Bn | 770.00 Mn | 1.14 Bn |
| 8 | e.l.f. Beauty | 7.00 Bn | 5.82 Bn | 370.22 Mn | 150.59 Mn |
| 9 | Reynolds Consumer Products | 5.26 Bn | 4.95 Bn | 236.00 Mn | 708.00 Mn |
| 10 | Honest Company | 606.81 Mn | 218.01 Mn | 38.07 Mn | 46.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 46.54 Mn |
| Jun 30, 2026 | 42.94 Mn |
| Mar 31, 2026 | 44.83 Mn |
| Dec 31, 2025 | 74.19 Mn |
| Sep 30, 2025 | 58.08 Mn |
| Jun 30, 2025 | 55.71 Mn |
| Mar 31, 2025 | 59.58 Mn |
| Dec 31, 2024 | 61.07 Mn |
| Sep 30, 2024 | 60.84 Mn |
| Jun 30, 2024 | 57.44 Mn |
| Mar 31, 2024 | 54.34 Mn |
| Dec 31, 2023 | 60.04 Mn |
| Sep 30, 2023 | 58.96 Mn |
| Jun 30, 2023 | 61.65 Mn |
| Mar 31, 2023 | 63.19 Mn |
| Dec 31, 2022 | 59.35 Mn |
| Sep 30, 2022 | 58.96 Mn |
| Jun 30, 2022 | 54.93 Mn |
| Mar 31, 2022 | 48.09 Mn |
| Dec 31, 2021 | 56.29 Mn |
API Access
Honest Company Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HNST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HNST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();