Earnings Releases·Nov 5, 2026, 4:05 PM ET

The Honest Company — Third Quarter 2026 Earnings Summary

Reported revenue of $84.6 million (down 8.6% YoY) while organic revenue grew 9.2% YoY to $79.3 million; underlying Adjusted Gross Margin expanded 1,160 basis points to 48.9% and underlying Adjusted EBITDA rose to $6.3 million.
Raised full-year 2026 guidance across all key metrics: revenue to $322–$325 million, organic growth to 6–7%, Adjusted Gross Margin to 45.5–46.5%, and Adjusted EBITDA to $25.0–$26.0 million.
Announced a new $30 million share repurchase program with no expiration date, following the completion of a prior $25 million program and $25.0 million in repurchases during the first nine months of 2026.
Strategic "Powering Honest Growth" initiative drove margin expansion through favorable supply chain rates and product mix, though reported net income included a $89.4 million discrete tax benefit; the company remains debt-free with $103.0 million in cash.