The Honest Company
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Honest Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $344,365,000. The net income raised on -$39,238,000 and profit margin reached -11%. Total operating expenses were $139,441,000.

Profit Margin

The Honest Company, Inc. (NASDAQ:HNST): Profit margin
2019 235.58M -31.08M -13.19%
2020 300.52M -14.46M -4.81%
2021 318.63M -38.67M -12.14%
2022 313.65M -49.01M -15.63%
2023 344.36M -39.23M -11.39%

HNST Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
344.36M313.65M318.63M300.52M235.58M
Cost of revenue
243.83M221.33M209.46M192.62M159.73M
Gross profit
100.53M92.31M109.17M107.89M75.85M
Operating exp.
Research and development
6.21M6.99M7.67M5.70M5.13M
Selling and marketing
36.44M47.78M54.26M44.47M31.86M
Total operating expenses
139.44M142.09M145.99M121.43M107.31M
Operating income
-38.90M-49.78M-36.82M-13.54M-31.45M
Other income (expenses), net
-254K871K-1.77M-837K429K
Income before tax
-39.16M-48.90M-38.60M-14.37M-31.02M
Income tax expense
75K110K77K89K55K
Net income
-39.23M-49.01M-38.67M-14.46M-31.08M
Earnings per share
Basic EPS
-0.42-0.53-0.54-0.16-0.34
Diluted EPS
-0.42-0.53-0.54-0.16-0.34
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