The Honest Company — Third Quarter 2026 Earnings Summary

The Honest Company reported third-quarter 2026 revenue of $84.6 million, a decrease of 8.6% year-over-year, while organic revenue grew 9.2% to $79.3 million. The company achieved a gross margin of 45.0% and reported net income of $91.3 million, driven largely by an $89.4 million discrete income tax benefit from the release of a valuation allowance. Management raised its full-year 2026 financial outlook, projecting revenue between $322 million and $325 million and adjusted EBITDA between $25.0 million and $26.0 million. Additionally, the Board of Directors approved a new $30 million share repurchase authorization, following the completion of a prior $25 million program.