The Honest Company Reports Strong Q3 2026 Results and Raises Full-Year Outlook
The Honest Company (HNST) reported strong third-quarter 2026 financial results, highlighted by organic revenue growth of over 9% and a record underlying adjusted gross margin of 49%. The company is successfully executing a strategic shift toward higher-margin personal care products and expanding its consumer base beyond infant-focused households to include adult segments, which now represent more than half of its customer base. Driven by these operational improvements, management has raised its full-year revenue and profit outlook. The company maintains a robust balance sheet with $103 million in cash and zero debt. To reward shareholders, the board authorized a new $30 million share repurchase program following the completion of an initial $25 million buyback.
Tickers: $HNST
Topics: gross margin expansion guidance raise revenue growth share repurchase program