Honest Company (HNST) Revenue & Revenue Breakdown


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Honest Company Revenue Highlights


Latest Revenue (Y)

$344.37M

Latest Revenue (Q)

$99.24M

Main Segment (Y)

Diapers and Wipes

Honest Company Revenue by Period


Honest Company Revenue by Year

DateRevenueChange
2023-12-31$344.37M9.79%
2022-12-31$313.65M-1.57%
2021-12-31$318.64M6.03%
2020-12-31$300.52M27.56%
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

DateRevenueChange
2024-09-30$99.24M6.65%
2024-06-30$93.05M7.92%
2024-03-31$86.22M-4.48%
2023-12-31$90.26M4.75%
2023-09-30$86.17M1.92%
2023-06-30$84.54M1.39%
2023-03-31$83.39M1.87%
2022-12-31$81.86M-3.22%
2022-09-30$84.58M7.75%
2022-06-30$78.49M14.22%
2022-03-31$68.72M-14.51%
2021-12-31$80.38M-2.75%
2021-09-30$82.65M10.83%
2021-06-30$74.58M-7.97%
2021-03-31$81.03M4.06%
2020-12-31$77.87M-0.08%
2020-09-30$77.93M7.70%
2020-06-30$72.35M-0.02%
2020-03-31$72.37M-

Honest Company generated $99.24M in revenue during Q3 2024, up 6.65% compared to the previous quarter, and up 117.38% compared to the same period a year ago.

Honest Company Revenue Breakdown


Honest Company Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 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/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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


TickerCompanyLast Year RevenueLast Quarter Revenue
PGProcter & Gamble Company$84.04B$21.74B
ULUnilever$59.79B$29.05B
NTCONatura &Co$36.35B$7.52B
KMBKimberly-Clark$20.43B$4.95B
CLColgate-Palmolive Company$19.46B$5.03B
ELEstée Lauder Companies$15.61B$3.36B
KVUEKenvue$15.44B$3.90B
CLXClorox Company$7.09B$1.76B
COTYCoty$6.12B$1.67B
YSGYatsen$3.41B$773.36M
EPCEdgewell Personal Care Company$2.25B$647.80M
ELFe.l.f. Beauty$1.02B$324.48M
HIMSHims & Hers Health$872.00M$401.56M
SKINBeauty Health Company$397.99M$78.80M
HNSTHonest Company$344.37M$99.24M
EWCZEuropean Wax Center$221.02M$51.87M
IPARInter 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 Q3 2024 was $99.24M, a 6.65% increase from the previous quarter (Q2 2024), and a 15.17% increase year-over-year (Q3 2023). The 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). HNST'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).

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.