Honest Company (HNST) Operating Expenses (2020 - 2026)

Honest Company (HNST) recorded quarterly Operating Expenses of $33.9 million in Q1 2026, down 10.74% quarter-over-quarter from $38.0 million in Q4 2025, and down 3.51% on a YoY basis from $35.2 million in Q1 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.

  • In Q1 2026, Operating Expenses fell 3.51% year-over-year to $33.9 million; the TTM figure through Mar 2026 stood at $141.0 million (down 7.83% YoY), while the FY2025 annual figure was $142.2 million, down 5.81% from the prior year.
  • Operating Expenses was $33.9 million for Q1 2026 at Honest Company, down from $38.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $39.8 million in Q4 2024 to a low of $29.1 million in Q4 2023.
  • Historically, Operating Expenses has averaged $35.8 million across 5 years, with a median of $35.2 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses decreased 26.14% in 2022, then soared 36.76% in 2024.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $33.9 million (Q1 2026), $38.0 million (Q4 2025), and $34.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tantech Holdings 587.03 Bn 587.00 Bn - -
2 Procter & Gamble 346.82 Bn 334.74 Bn 10.51 Bn 5.94 Bn
3 Unilever 145.94 Bn 135.46 Bn - -
4 Colgate Palmolive 70.39 Bn 69.40 Bn 3.23 Bn 2.08 Bn
5 Kenvue 34.34 Bn 34.23 Bn 2.30 Bn 1.52 Bn
6 Kimberly Clark 33.38 Bn 32.96 Bn 1.53 Bn -
7 Estee Lauder Companies 31.47 Bn 28.34 Bn 2.84 Bn 2.59 Bn
8 Church & Dwight 22.92 Bn 22.42 Bn 681.40 Mn 251.00 Mn
9 Clorox 11.90 Bn 10.87 Bn 722.00 Mn 256.00 Mn
10 Honest Company 384.15 Mn 293.78 Mn 33.27 Mn 33.93 Mn

Historic Data

Download Data
DateValue
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