Honest Company, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $29.3m $50.8m $9.5m $32.8m $75.4m $89.6m
Accounts receivable, net $22.8m $31.8m $42.3m $43.1m $43.5m $33.8m
Inventories $76.7m $75.7m $115.7m $73.5m $85.3m $72.5m
Prepaid expenses and other current assets $8.7m $13.2m $16.0m $8.4m $9.7m $6.6m
Total current assets $173.6m $213.8m $189.1m $157.8m $213.9m $202.4m
Property and equipment, net $56.7m $53.0m $14.3m $13.5m $11.4m $7.5m
Goodwill $2.2m $2.2m $2.2m $2.2m $2.2m $2.3m
Intangible assets, net $511k $440k $370k $309k $235k $162k
Operating lease right-of-use asset $29.9m $23.7m $17.2m $11.4m
Other assets $1.5m $3.2m $4.6m $4.1m $2.4m $1.7m
Deferred revenue $716k $731k $815k $2.2m $1.2m $0
Operating lease liabilities, net of current portion $29.8m $21.7m $13.2m $4.9m
Total stockholders’ equity ($236.8m) $179.1m $146.4m $123.1m $174.3m $169.7m
Total assets $240.7m $272.6m $240.6m $201.6m $247.4m $225.4m
Total liabilities and stockholders’ equity $240.7m $272.6m $240.6m $201.6m $247.4m $225.4m
Accounts payable $31.1m $28.7m $24.8m $22.3m $22.8m $15.1m
Accrued expenses $22.2m $19.0m $38.0m $32.2m $35.9m $35.7m
Total current liabilities $54.1m $48.5m $63.6m $56.7m $59.9m $50.8m
Total liabilities $101.2m $93.5m $94.2m $78.5m $73.1m $55.7m
Preferred stock, $0.0001 par value, 20,000,000 shares authorized at December 31, 2025 and 2024, none issued or outstanding as of December 31, 2025 and 2024 0 0 0 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at December 31, 2025 and 2024; 112,809,637 and 109,159,697 shares issued and outstanding as of December 31, 2025 and 2024, respectively 3k 9k 9k 9k 11k 11k
Additional paid-in capital $116.1m $570.8m $586.2m $602.2m $659.5m $670.5m
Accumulated deficit ($353.0m) ($391.7m) ($439.8m) ($479.1m) ($485.2m) ($500.9m)