The Honest Company Reports Third Quarter 2026 Financial Results and Announces New Share Repurchase Program

11/5/2026
Impact: 65
Consumer Defensive

The Honest Company reported third-quarter 2026 revenue of $84.6 million, down 8.6% year over year, while organic revenue rose 9.2%. Adjusted gross margin reached a record 48.9%, up 1,160 basis points, and net income was $91.3 million, largely due to a tax valuation-allowance release. Management raised its full-year 2026 outlook and approved a new share repurchase program of up to $30 million, after completing a prior $25 million program in August 2026.

AI summary, not financial advice

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