Honest Company Q2 revenue falls 10.9% to $83.3 million; raises 2026 outlook
Honest Company reported second-quarter 2026 revenue of $83.3 million, down 10.9% from a year earlier, while organic revenue rose 6.7% and net income increased to $10.7 million, helped by $6.6 million in tariff refunds. The company raised its full-year 2026 outlook for revenue, organic revenue growth, adjusted gross margin and adjusted EBITDA, which matters to shareholders because the higher guidance is the company's forward view on profitability.
Key points
- Revenue of $83.3 million fell 10.9% from $93.5 million; organic revenue rose 6.7% to $80.2 million.
- Net income of $10.7 million compared with $3.9 million a year earlier; underlying adjusted net income was $5.1 million after excluding tariff refunds.
- Full-year 2026 revenue outlook raised to $319 million to $325 million from $306 million to $312 million; adjusted EBITDA outlook raised to $23.0 million to $25.0 million from $20.0 million to $23.0 million.
- As of June 30, 2026, the company had no debt, $105.9 million in cash, and about $6.3 million remaining under its share repurchase program.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.