Honest Company (HNST) Operating Expenses (2020 - 2026)
Honest Company's (HNST) quarterly Operating Expenses came in at $33.9 million in Q1 2026, down 3.51% year-on-year from $35.2 million in Q1 2025, and down 10.74% quarter-over-quarter from $38.0 million in Q4 2025.
Honest Company (HNST) Operating Expenses (2020 - 2026) Analysis & Trends
Honest Company's Operating Expenses history runs 7 years deep, the most recent figure standing at $33.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 3.51% year-over-year to $33.9 million in Q1 2026; TTM through Mar 2026 was $141.0 million, a 7.83% decrease from a year earlier, with the FY2025 full-year figure at $142.2 million, down 5.81% from the prior year.
- Operating Expenses slipped to $33.9 million in Q1 2026 per HNST's latest filing, from $38.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $39.8 million in Q4 2024 and bottomed at $29.1 million in Q4 2023.
- The 5-year median for Operating Expenses is $35.2 million (2023), against an average of $35.8 million.
- Across the five-year window, Operating Expenses dropped 26.14% in 2022 and surged 36.76% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $35.3 million in 2022, then declined by 17.48% to $29.1 million in 2023, then surged by 36.76% to $39.8 million in 2024, then dropped by 4.48% to $38.0 million in 2025, then slipped by 10.74% to $33.9 million in 2026.
- Per Business Quant, the three latest HNST Operating Expenses figures stand at $33.9 million (Q1 2026), $38.0 million (Q4 2025), and $34.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 345.89 Bn | 333.58 Bn | 10.51 Bn | 5.94 Bn |
| 2 | Unilever | 134.09 Bn | 123.61 Bn | - | - |
| 3 | Colgate Palmolive | 73.63 Bn | 72.29 Bn | 3.23 Bn | 2.08 Bn |
| 4 | Kenvue | 37.16 Bn | 37.05 Bn | 2.30 Bn | 1.52 Bn |
| 5 | Kimberly Clark | 36.85 Bn | 36.31 Bn | 1.53 Bn | - |
| 6 | Estee Lauder Companies | 29.58 Bn | 26.46 Bn | 2.84 Bn | 2.59 Bn |
| 7 | Church & Dwight | 23.35 Bn | 22.84 Bn | 681.40 Mn | 251.00 Mn |
| 8 | Clorox | 11.73 Bn | 10.55 Bn | 722.00 Mn | 256.00 Mn |
| 9 | Yatsen Holding | 6.33 Bn | 6.19 Bn | 153.20 Mn | -155.01 Mn |
| 10 | Honest Company | 432.66 Mn | 342.30 Mn | 33.27 Mn | 33.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.93 Mn |
| Dec 31, 2025 | 38.01 Mn |
| Sep 30, 2025 | 34.18 Mn |
| Jun 30, 2025 | 34.86 Mn |
| Mar 31, 2025 | 35.16 Mn |
| Dec 31, 2024 | 39.80 Mn |
| Sep 30, 2024 | 38.34 Mn |
| Jun 30, 2024 | 39.66 Mn |
| Mar 31, 2024 | 33.20 Mn |
| Dec 31, 2023 | 29.10 Mn |
| Sep 30, 2023 | 35.20 Mn |
| Jun 30, 2023 | 36.29 Mn |
| Mar 31, 2023 | 38.86 Mn |
| Dec 31, 2022 | 35.26 Mn |
| Sep 30, 2022 | 37.36 Mn |
| Jun 30, 2022 | 34.30 Mn |
| Mar 31, 2022 | 35.17 Mn |
| Dec 31, 2021 | 32.69 Mn |
| Sep 30, 2021 | 34.35 Mn |
| Jun 30, 2021 | 46.45 Mn |