10-Q quarterly report · filed Nov 5, 2025

Honest Company, Inc. (HNST) Q3 2025 10-Q Quarterly Report

Short answer

Honest Company, Inc. (HNST) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $93M (down 6.7% year over year) with net income of $760,000.

Q3 2025 key financials · XBRL

Revenue
$93M
−6.7% YoY · −1.0% QoQ
Net income
$760,000
+360.6% YoY · −80.4% QoQ
Operating margin
0.3%
Gross margin
37.3%
EPS (diluted)
$0.01
+0.0% YoY · −66.7% QoQ

Source: XBRL data from the Honest Company, Inc. (HNST) Q3 2025 10-Q on SEC EDGAR. USD.

Honest Company, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $92.571M, down from $99.237M YoY
  • Gross margin 37.3% vs 38.7% YoY
  • Operating margin 0.3% vs 0.1% YoY
  • Selling, general and administrative expenses $17.679M vs $23.427M YoY
  • Honest.com fulfillment exit expected December 31, 2025, with future gross-margin benefits and near-term revenue pressure

Risk Factors

  • Updated strategy risk: November 2025 sunsetting Honest.com fulfillment, exiting Canada by December 31, 2025, and terminating apparel Supplier Services
  • Trade-policy risk: New tariffs could raise costs for China-sourced wipes and Mexico-sourced diapers, compressing gross margins
  • Supply-chain risk: 2025 diaper manufacturer price increases and renegotiation requests from other manufacturers
  • Competitive and demand risk: Retailer promotions did not repeat in Q3 2025, while new diaper SKUs converted more slowly
  • Operational restructuring risk: Powering Honest Growth may cause employee losses, morale declines, and execution disruption

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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