Honest Company (HNST) Cost of Revenue (2020 - 2026)
Honest Company's (HNST) quarterly Cost of Revenue came in at $44.8 million in Q1 2026, up 265.35% year-on-year from $12.3 million in Q1 2025, and up 287.02% quarter-over-quarter from $11.6 million in Q4 2025.
Honest Company (HNST) Cost of Revenue (2020 - 2026) Analysis & Trends
Honest Company's Cost of Revenue history runs 7 years deep, the most recent figure standing at $44.8 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 265.35% year-over-year to $44.8 million in Q1 2026; TTM through Mar 2026 was $83.8 million, a 40.96% decrease from a year earlier, with the FY2025 full-year figure at $51.2 million, up 13.54% from the prior year.
- Cost of Revenue climbed to $44.8 million in Q1 2026 per HNST's latest filing, from $11.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $61.6 million in Q2 2023 and bottomed at -$147.4 million in Q4 2023.
- The 5-year median for Cost of Revenue is $12.3 million (2025), against an average of $5.4 million.
- Across the five-year window, Cost of Revenue surged 567.85% in 2024 and plunged 78.15% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at -$114.2 million in 2022, then slipped by 29.03% to -$147.4 million in 2023, then jumped by 107.68% to $11.3 million in 2024, then climbed by 2.37% to $11.6 million in 2025, then surged by 287.02% to $44.8 million in 2026.
- Per Business Quant, the three latest HNST Cost of Revenue figures stand at $44.8 million (Q1 2026), $11.6 million (Q4 2025), and $14.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 345.95 Bn | 333.64 Bn | 10.51 Bn | 10.72 Bn |
| 2 | Unilever | 134.07 Bn | 123.59 Bn | - | - |
| 3 | Colgate Palmolive | 73.64 Bn | 72.30 Bn | 3.23 Bn | 2.10 Bn |
| 4 | Kenvue | 37.28 Bn | 37.17 Bn | 2.30 Bn | 1.61 Bn |
| 5 | Kimberly Clark | 36.96 Bn | 36.42 Bn | 1.53 Bn | 2.63 Bn |
| 6 | Estee Lauder Companies | 30.06 Bn | 26.94 Bn | 2.84 Bn | 876.00 Mn |
| 7 | Church & Dwight | 23.36 Bn | 22.86 Bn | 681.40 Mn | 787.90 Mn |
| 8 | Clorox | 11.85 Bn | 10.66 Bn | 722.00 Mn | 948.00 Mn |
| 9 | Yatsen Holding | 6.39 Bn | 6.25 Bn | 153.20 Mn | 44.06 Mn |
| 10 | Honest Company | 436.05 Mn | 345.68 Mn | 33.27 Mn | 44.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.83 Mn |
| Mar 31, 2026 | 44.83 Mn |
| Dec 31, 2025 | 11.58 Mn |
| Dec 31, 2025 | 11.58 Mn |
| Sep 30, 2025 | 14.80 Mn |
| Sep 30, 2025 | 14.80 Mn |
| Jun 30, 2025 | 12.55 Mn |
| Jun 30, 2025 | 12.55 Mn |
| Mar 31, 2025 | 12.27 Mn |
| Mar 31, 2025 | 12.27 Mn |
| Dec 31, 2024 | 11.32 Mn |
| Dec 31, 2024 | 11.32 Mn |
| Sep 30, 2024 | 60.84 Mn |
| Sep 30, 2024 | 60.84 Mn |
| Jun 30, 2024 | 57.44 Mn |
| Jun 30, 2024 | 57.44 Mn |
| Mar 31, 2024 | 9.10 Mn |
| Mar 31, 2024 | 9.10 Mn |
| Dec 31, 2023 | -147.36 Mn |
| Dec 31, 2023 | -147.36 Mn |