Honest Company (HNST) Gross Margin (2020 - 2026)

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 was 42.6% for Q1 2026 at Honest Company, up from 15.73% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 42.6% in Q1 2026 to a low of 15.73% in Q4 2025.
• Historically, Gross Margin has averaged 33.04% across 5 years, with a median of 33.49% in 2023.
• The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 1275 bps in 2024, then slumped 2311 bps in 2025.
• A 5-year view of Gross Margin shows it stood at 27.49% in 2022, then rose by 22 bps to 33.49% in 2023, then rose by 16 bps to 38.83% in 2024, then sank by 60 bps to 15.73% in 2025, then soared by 171 bps to 42.6% in 2026.
• The last three Gross Margin figures came in at 42.6% (Q1 2026), 15.73% (Q4 2025), and 37.26% (Q3 2025), per Business Quant data.