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
DateValue
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