Honest Co releases Q2 2026 earnings call transcript
HNST•Honest discussed Q2 2026 results on its earnings call
Honest discussed Q2 2026 results on its earnings call attended by the Chief Executive Officer, the Chief Financial & Operating Officer, and the Vice President of Investor Relations.
- Raised full-year outlook: reported revenue USD 319-325 million, organic revenue growth 5-7%, adjusted gross margin in the mid-40s, adjusted EBITDA USD 23-25 million.
- Q2 revenue was USD 83.3 million, down 10.9% on strategic exits and diaper declines; organic revenue rose 6.7% on wipes and personal care.
- Wipes consumption rose 26%, led by flushable wipes up more than 200%; personal care consumption rose 19% while diapers faced structural category pressure.
- Q2 net income was USD 10.7 million; adjusted EBITDA was USD 14.5 million, with underlying adjusted EBITDA margin of 9.8% excluding a USD 6.6 million tariff refund.
