Honest Company Q3 revenue falls 8.6% to $84.6M; raises 2026 outlook
Honest Company reported third quarter 2026 revenue of $84.6 million, down 8.6% from a year earlier, while Organic Revenue, which excludes exited operations, rose 9.2% to $79.3 million. Net income rose to $91.3 million, but it includes an $89.4 million discrete income tax benefit, and the company raised its full-year 2026 outlook and authorized a new $30 million share repurchase program.
Key points
- Q3 2026 revenue was $84.6 million, down 8.6%; Organic Revenue was $79.3 million, up 9.2%.
- Net income was $91.3 million, including an $89.4 million income tax benefit; Underlying Adjusted Net Income was $3.1 million.
- Full-year 2026 revenue outlook was raised to $322 million to $325 million, from $319 million to $325 million.
- Board approved a new share repurchase program of up to $30 million on October 30, 2026.
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 November 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.