Honest Company Inc

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

HNST$5.20+0.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Comprehensive Loss

(in thousands, except share and per share amounts)

	For the three months ended June 30,		For the six months ended June 30,
	2024	2023	2024	2023
Revenue	$93,049	$84,544	$179,266	$167,933
Cost of revenue	57,437	61,646	111,772	124,832
Gross profit	35,612	22,898	67,494	43,101
Operating expenses
Selling, general and administrative	26,431	25,032	48,850	50,849
Marketing	11,512	9,261	20,608	19,495
Restructuring	—	397	—	1,747
Research and development	1,714	1,595	3,395	3,054
Total operating expenses	39,657	36,285	72,853	75,145
Operating loss	(4,045)	(13,387)	(5,359)	(32,044)
Interest and other income (expense), net	(19)	(9)	(82)	(198)
Loss before provision for income taxes	(4,064)	(13,396)	(5,441)	(32,242)
Income tax provision	13	20	38	40
Net loss	$(4,077)	$(13,416)	$(5,479)	$(32,282)
Net loss per share attributable to common stockholders:
Basic and diluted	$(0.04)	$(0.14)	$(0.06)	$(0.34)
Weighted-average shares used in computing net loss per share attributable to common stockholders:
Basic and diluted	99,078,930	94,103,266	97,676,049	93,607,425
Other comprehensive income (loss)
Unrealized gain (loss) on short-term investments, net of taxes	—	13	—	33
Comprehensive loss	$(4,077)	$(13,403)	$(5,479)	$(32,249)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.