Honest Company Inc
NASDAQ:HNST
Income Statement
Earnings Waterfall
Honest Company Inc
Revenue
|
344.4m
USD
|
Cost of Revenue
|
-243.8m
USD
|
Gross Profit
|
100.5m
USD
|
Operating Expenses
|
-137.2m
USD
|
Operating Income
|
-36.7m
USD
|
Other Expenses
|
-2.5m
USD
|
Net Income
|
-39.2m
USD
|
Income Statement
Honest Company Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
236
N/A
|
255
+8%
|
265
+4%
|
286
+8%
|
301
+5%
|
309
+3%
|
311
+1%
|
316
+2%
|
319
+1%
|
306
-4%
|
310
+1%
|
312
+1%
|
314
+0%
|
328
+5%
|
334
+2%
|
336
+0%
|
344
+3%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(160)
|
(169)
|
(171)
|
(183)
|
(193)
|
(199)
|
(200)
|
(205)
|
(210)
|
(205)
|
(212)
|
(218)
|
(221)
|
(236)
|
(243)
|
(243)
|
(244)
|
|
Gross Profit |
76
N/A
|
86
+13%
|
94
+10%
|
103
+9%
|
108
+4%
|
110
+2%
|
111
+0%
|
111
+0%
|
109
-2%
|
101
-7%
|
98
-3%
|
94
-4%
|
92
-2%
|
92
0%
|
91
-1%
|
93
+2%
|
101
+8%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(107)
|
(106)
|
(104)
|
(108)
|
(122)
|
(129)
|
(149)
|
(152)
|
(146)
|
(149)
|
(137)
|
(140)
|
(142)
|
(144)
|
(146)
|
(144)
|
(137)
|
|
Selling, General & Administrative |
(97)
|
(100)
|
(99)
|
(103)
|
(113)
|
(123)
|
(141)
|
(144)
|
(137)
|
(141)
|
(129)
|
(132)
|
(134)
|
(138)
|
(140)
|
(138)
|
(131)
|
|
Research & Development |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Depreciation & Amortization |
(5)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
|
Operating Income |
(32)
N/A
|
(20)
+38%
|
(10)
+50%
|
(4)
+57%
|
(14)
-219%
|
(18)
-36%
|
(38)
-105%
|
(41)
-8%
|
(37)
+9%
|
(47)
-28%
|
(38)
+19%
|
(46)
-19%
|
(50)
-9%
|
(53)
-6%
|
(55)
-4%
|
(51)
+8%
|
(37)
+28%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
1
|
1
|
(0)
|
(0)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
|
Pre-Tax Income |
(31)
N/A
|
(20)
+37%
|
(10)
+48%
|
(5)
+53%
|
(14)
-202%
|
(19)
-35%
|
(39)
-101%
|
(42)
-8%
|
(39)
+9%
|
(49)
-26%
|
(39)
+21%
|
(45)
-17%
|
(49)
-8%
|
(53)
-9%
|
(57)
-6%
|
(53)
+7%
|
(39)
+26%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(31)
|
(20)
|
(10)
|
(5)
|
(15)
|
(20)
|
(39)
|
(42)
|
(39)
|
(49)
|
(39)
|
(45)
|
(49)
|
(53)
|
(57)
|
(53)
|
(39)
|
|
Net Income (Common) |
(31)
N/A
|
(20)
+37%
|
(10)
+48%
|
(5)
+52%
|
(15)
-198%
|
(20)
-35%
|
(39)
-101%
|
(42)
-8%
|
(30)
+28%
|
(40)
-34%
|
(30)
+25%
|
(37)
-22%
|
(49)
-32%
|
(53)
-9%
|
(57)
-6%
|
(53)
+7%
|
(39)
+26%
|