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.

• On a quarterly basis, Gross Margin rose 387.0% year-over-year to 42.6% in Q1 2026; TTM through Mar 2026 was 33.89%, a 475.0% decrease from a year earlier, with the FY2025 full-year figure at 33.33%, down 491.0% from the prior year.
• Gross Margin improved to 42.6% in Q1 2026 per HNST's latest filing, from 15.73% in the prior quarter.
• Across five years, Gross Margin topped out at 42.6% in Q1 2026 and bottomed at 15.73% in Q4 2025.
• The 5-year median for Gross Margin is 33.49% (2023), against an average of 33.04%.
• Across the five-year window, Gross Margin soared 1275 bps in 2024 and slumped 2311 bps in 2025, its largest moves.
• Year by year, Gross Margin 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 tumbled by 60 bps to 15.73% in 2025, then soared by 171 bps to 42.6% in 2026.
• Per Business Quant, the three latest HNST Gross Margin figures stand at 42.6% (Q1 2026), 15.73% (Q4 2025), and 37.26% (Q3 2025).