Honest Company (HNST) Gross Margin (2020 - 2026)
Honest Company (HNST) posted quarterly Gross Margin of 42.6% for Q1 2026, up 387.0% year-over-year from 8.75% in Q1 2025, and up 170.91% quarter-over-quarter from 15.73% in Q4 2025.
Honest Company (HNST) Gross Margin (2020 - 2026) Analysis & Trends
Honest Company's Gross Margin history runs 7 years deep, the most recent figure standing at 42.6% for Q1 2026.
- In Q1 2026, Gross Margin rose 387.0% year-over-year to 42.6%; the TTM figure through Mar 2026 stood at 33.89% (down 475.0% YoY), while the FY2025 annual figure was 33.33%, down 491.0% from the prior year.
- Gross Margin for Q1 2026 stood at 42.6%, up from 15.73% in the prior quarter.
- The five-year high for Gross Margin was 42.6% in Q1 2026, with the low at 15.73% in Q4 2025.
- The 5-year median for Gross Margin is 33.49% (2023), against an average of 33.04%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 1275 bps in 2024, then sank 2311 bps in 2025.
- Honest Company's Gross Margin stood at 27.49% in 2022, then increased by 22 bps to 33.49% in 2023, then increased by 16 bps to 38.83% in 2024, then plunged by 60 bps to 15.73% in 2025, then surged by 171 bps to 42.6% in 2026.
- Business Quant data shows HNST's Gross Margin at 42.6% in Q1 2026, 15.73% in Q4 2025, and 37.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 48.50% |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 61.48% |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 58.18% |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | 38.27% |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 76.40% |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 45.35% |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 41.27% |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | 77.66% |
| 10 | Honest Company | 526.54 Mn | 420.65 Mn | 40.36 Mn | 48.45% |
Historic Data
Download 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% |