Honest Company (HNST) Gross Margin (2020 - 2026)
Honest Company (HNST) posted Gross Margin of 48.45% for Q2 2026, up 13.73% on a QoQ basis from 42.6% in Q1 2026, and up 806.0% year-over-year from 5.35% in Q2 2025.
Analysis
Honest Company (HNST) Gross Margin (2020 - 2026) Analysis & Trends
Honest Company has reported Gross Margin for 7 years, with the latest figure at 48.45% in Q2 2026.
- On a quarterly basis, Gross Margin rose 806.0% year-over-year to 48.45% in Q2 2026; TTM through Jun 2026 was 35.66%, a 349.0% decrease from a year earlier, with the FY2025 full-year figure at 33.33%, down 491.0% from the prior year.
- Gross Margin was 48.45% for Q2 2026 at Honest Company, up from 42.6% in the prior quarter.
- The five-year high for Gross Margin was 48.45% in Q2 2026, with the low at 15.73% in Q4 2025.
- Average Gross Margin over 5 years is 33.9%, with a median of 35.23% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 1275 bps in 2024, then sank 2311 bps in 2025.
- Over 5 years, Gross Margin stood at 27.49% in 2022, then gained by 22 bps to 33.49% in 2023, then gained by 16 bps to 38.83% in 2024, then plunged by 60 bps to 15.73% in 2025, then soared by 208 bps to 48.45% in 2026.
- The last three Gross Margin figures came in at 48.45% (Q2 2026), 42.6% (Q1 2026), and 15.73% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colgate Palmolive | 70.36 Bn | 68.99 Bn | 3.30 Bn | 61.48% |
| 2 | Kenvue | 34.53 Bn | 33.42 Bn | 2.30 Bn | 58.18% |
| 3 | Kimberly Clark | 33.25 Bn | 32.30 Bn | 1.60 Bn | 38.27% |
| 4 | Bath & Body Works | 3.98 Bn | 3.19 Bn | 692.00 Mn | 45.71% |
| 5 | Prestige Consumer Healthcare | 2.37 Bn | 2.30 Bn | - | - |
| 6 | Perrigo | 2.01 Bn | 1.61 Bn | 313.90 Mn | 30.69% |
| 7 | Herbalife | 1.28 Bn | 911.72 Mn | 1.03 Bn | 77.67% |
| 8 | Edgewell Personal Care | 1.26 Bn | 866.04 Mn | 242.50 Mn | 42.54% |
| 9 | TFA Therapeutics | 1.02 Bn | 1.02 Bn | - | - |
| 10 | Honest Company | 620.00 Mn | 514.11 Mn | 40.36 Mn | 48.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.45% |
| Mar 31, 2026 | 42.60% |
| Dec 31, 2025 | 15.73% |
| Sep 30, 2025 | 37.26% |
| Jun 30, 2025 | 40.39% |
| Mar 31, 2025 | 38.74% |
| Dec 31, 2024 | 38.83% |
| Sep 30, 2024 | 38.69% |
| Jun 30, 2024 | 38.27% |
| Mar 31, 2024 | 36.98% |
| Dec 31, 2023 | 33.49% |
| Sep 30, 2023 | 31.57% |
| Jun 30, 2023 | 27.08% |
| Mar 31, 2023 | 24.23% |
| Dec 31, 2022 | 27.49% |
| Sep 30, 2022 | 30.29% |
| Jun 30, 2022 | 30.02% |
| Mar 31, 2022 | 30.02% |
| Dec 31, 2021 | 29.97% |
| Sep 30, 2021 | 36.01% |