Honest Co releases Q2 2026 earnings call transcript
Reuters2026/08/05 23:03- 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.
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