Honest Company (HNST) Cost of Revenue (2020 - 2026)
Honest Company (HNST) recorded quarterly Cost of Revenue of $14.0 million in Q1 2026, up 111.45% quarter-over-quarter from -$122.2 million in Q4 2025, and down 76.51% on a YoY basis from $59.6 million in Q1 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 $14.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 76.51% year-over-year to $14.0 million; the TTM figure through Mar 2026 stood at -$37.7 million (up 12.91% YoY), while the FY2025 annual figure was $51.2 million, up 13.54% from the prior year.
- Cost of Revenue was $14.0 million for Q1 2026 at Honest Company, up from -$122.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $59.6 million in Q1 2025 to a low of -$147.4 million in Q4 2023.
- Historically, Cost of Revenue has averaged -$13.2 million across 5 years, with a median of $11.5 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue slumped 1021.58% in 2022, then surged 555.01% in 2025.
- A 5-year view of Cost of Revenue shows it stood at -$114.2 million in 2022, then slipped by 29.03% to -$147.4 million in 2023, then increased by 13.46% to -$127.5 million in 2024, then climbed by 4.2% to -$122.2 million in 2025, then soared by 111.45% to $14.0 million in 2026.
- The last three Cost of Revenue figures came in at $14.0 million (Q1 2026), -$122.2 million (Q4 2025), and $14.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tantech Holdings | 647.80 Bn | 647.76 Bn | - | - |
| 2 | Procter & Gamble | 348.75 Bn | 336.67 Bn | 10.51 Bn | 10.72 Bn |
| 3 | Unilever | 149.22 Bn | 138.74 Bn | - | - |
| 4 | Colgate Palmolive | 72.11 Bn | 71.12 Bn | 3.23 Bn | 2.10 Bn |
| 5 | Kenvue | 34.70 Bn | 34.59 Bn | 2.30 Bn | 1.61 Bn |
| 6 | Kimberly Clark | 33.80 Bn | 33.38 Bn | 1.53 Bn | 2.63 Bn |
| 7 | Estee Lauder Companies | 30.99 Bn | 27.86 Bn | 2.84 Bn | 876.00 Mn |
| 8 | Church & Dwight | 23.22 Bn | 22.71 Bn | 681.40 Mn | 787.90 Mn |
| 9 | Clorox | 12.10 Bn | 11.07 Bn | 722.00 Mn | 948.00 Mn |
| 10 | Honest Company | 390.92 Mn | 300.55 Mn | 33.27 Mn | 13.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.99 Mn |
| Mar 31, 2026 | 13.99 Mn |
| Dec 31, 2025 | -122.17 Mn |
| Dec 31, 2025 | -122.17 Mn |
| Sep 30, 2025 | 14.80 Mn |
| Sep 30, 2025 | 14.80 Mn |
| Jun 30, 2025 | 55.71 Mn |
| Jun 30, 2025 | 55.71 Mn |
| Mar 31, 2025 | 59.58 Mn |
| Mar 31, 2025 | 59.58 Mn |
| Dec 31, 2024 | -127.52 Mn |
| Dec 31, 2024 | -127.52 Mn |
| Sep 30, 2024 | 13.17 Mn |
| Sep 30, 2024 | 13.17 Mn |
| Jun 30, 2024 | 11.51 Mn |
| Jun 30, 2024 | 11.51 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 |