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How The Honest Company, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$371M · 100%Cost of revenue$248M · 67%Gross profit$124M · 33%Operating income−$18.5M · −5%Income before tax−$15.5M · −4%Income tax$204000 · 0%Net income−$15.7M · −4%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$371M100%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
Cost of revenue$248M67%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
$124M33%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
−$18.5M−5%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
Income before tax−$15.5M−4%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
Income tax$2040000%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
−$15.7M−4%
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001628280-26-011634 · filed Feb 25, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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