Honest Company (HNST) Revenue & Revenue Breakdown
Honest Company Revenue Highlights
Latest Revenue (Y)
$344.37M
Latest Revenue (Q)
$93.05M
Main Segment (Y)
Diapers and Wipes
Honest Company Revenue by Period
Honest Company Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $344.37M | 9.79% |
| 2022-12-31 | $313.65M | -1.57% |
| 2021-12-31 | $318.64M | 6.03% |
| 2020-12-31 | $300.52M | 27.56% |
| 2019-12-31 | $235.59M | - |
Honest Company generated $344.37M in revenue during NA 2023, up 9.79% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Honest Company Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $93.05M | 7.92% |
| 2024-03-31 | $86.22M | -4.48% |
| 2023-12-31 | $90.26M | 4.75% |
| 2023-09-30 | $86.17M | 1.92% |
| 2023-06-30 | $84.54M | 1.39% |
| 2023-03-31 | $83.39M | 1.87% |
| 2022-12-31 | $81.86M | -3.22% |
| 2022-09-30 | $84.58M | 7.75% |
| 2022-06-30 | $78.49M | 14.22% |
| 2022-03-31 | $68.72M | -14.51% |
| 2021-12-31 | $80.38M | -2.75% |
| 2021-09-30 | $82.65M | 10.83% |
| 2021-06-30 | $74.58M | -7.97% |
| 2021-03-31 | $81.03M | 4.06% |
| 2020-12-31 | $77.87M | -0.08% |
| 2020-09-30 | $77.93M | 7.70% |
| 2020-06-30 | $72.35M | -0.02% |
| 2020-03-31 | $72.37M | - |
Honest Company generated $93.05M in revenue during Q2 2024, up 7.92% compared to the previous quarter, and up 111.59% compared to the same period a year ago.
Honest Company Revenue Breakdown
Honest Company Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Household and Wellness | $38.00M | $23.91M | $16.02M |
| Diapers and Wipes | $218.26M | $200.43M | $200.92M |
| Skin and Personal Care | $88.10M | $89.32M | $101.70M |
Honest Company's latest annual revenue breakdown by segment (product or service), as of Dec 23: Diapers and Wipes (63.38%), Skin and Personal Care (25.58%), and Household and Wellness (11.03%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Skin and Personal Care | $21.36M | $21.22M | $22.73M | $22.79M | $22.78M | $21.99M | $23.27M | $21.27M | $26.21M | $25.38M | $23.87M | $26.25M |
| Household and Wellness | $11.56M | $12.36M | $6.55M | $7.52M | $9.06M | $7.37M | $3.32M | $4.16M | $4.50M | $3.43M | $2.88M | $5.21M |
| Diapers and Wipes | $57.35M | $52.58M | $55.26M | $53.08M | $50.02M | $55.22M | $51.90M | $43.29M | $49.67M | $53.85M | $47.83M | $49.57M |
Honest Company's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Diapers and Wipes (63.53%), Skin and Personal Care (23.66%), and Household and Wellness (12.81%).
Honest Company Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PG | Procter & Gamble Company | $84.04B | $20.20B |
| UL | Unilever | $59.79B | $29.05B |
| NTCO | Natura &Co | $36.35B | $7.52B |
| KMB | Kimberly-Clark | $20.43B | $5.03B |
| CL | Colgate-Palmolive Company | $19.46B | $5.06B |
| EL | Estée Lauder Companies | $15.61B | $3.94B |
| KVUE | Kenvue | $15.44B | $4.00B |
| CLX | Clorox Company | $7.09B | $1.81B |
| COTY | Coty | $6.12B | $1.39B |
| YSG | Yatsen | $3.41B | $773.36M |
| EPC | Edgewell Personal Care Company | $2.25B | $647.80M |
| ELF | e.l.f. Beauty | $1.02B | $321.14M |
| HIMS | Hims & Hers Health | $872.00M | $315.65M |
| SKIN | Beauty Health Company | $397.99M | $90.59M |
| HNST | Honest Company | $344.37M | $93.05M |
| EWCZ | European Wax Center | $221.02M | $51.87M |
| IPAR | Inter Parfums | - | $342.23M |
HNST Revenue FAQ
What is Honest Company’s yearly revenue?
Honest Company's yearly revenue for 2023 was $344.36M, representing an increase of 9.79% compared to 2022. The company's yearly revenue for 2022 was $313.65M, representing a decrease of -1.57% compared to 2021. HNST's yearly revenue for 2021 was $318.64M, representing an increase of 6.03% compared to 2020.
What is Honest Company’s quarterly revenue?
Honest Company's quarterly revenue for Q2 2024 was $93.05M, a 7.92% increase from the previous quarter (Q1 2024), and a 10.06% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $86.22M, a -4.48% decrease from the previous quarter (Q4 2023), and a 3.39% increase year-over-year (Q1 2023). HNST's quarterly revenue for Q4 2023 was $90.26M, a 4.75% increase from the previous quarter (Q3 2023), and a 10.27% increase year-over-year (Q4 2022).
What is Honest Company’s revenue growth rate?
Honest Company's revenue growth rate for the last 3 years (2021-2023) was 8.07%, and for the last 5 years (2019-2023) was 46.17%.
What are Honest Company’s revenue streams?
Honest Company's revenue streams in c 23 are Household and Wellness, Diapers and Wipes, and Skin and Personal Care. Household and Wellness generated $38M in revenue, accounting 11.03% of the company's total revenue, up 58.95% year-over-year. Diapers and Wipes generated $218.26M in revenue, accounting 63.38% of the company's total revenue, up 8.90% year-over-year. Skin and Personal Care generated $88.1M in revenue, accounting 25.58% of the company's total revenue, down -1.36% year-over-year.
What is Honest Company’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Honest Company was Diapers and Wipes. This segment made a revenue of $218.26M, representing 63.38% of the company's total revenue.