---
schema_version: "secwatch.filing_event.v1"
accession: "0001530979-23-000036"
form_type: "8-K"
ticker: "HNST"
cik: "0001530979"
company_name: "Honest Company, Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:29:09.090284+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Honest Co. reports Q4 revenue up 2% YoY, gross margin down 250 bps; adopts inducement plan for CEO

## Summary
- Q4 revenue growth of 2% driven by retail consumption gains and price increases, partially offset by digital decline.
- Consumption of core products (diapers, wipes, skin care) increased 15% YoY per third-party data.
- Gross margin of 27.5%, down 250 bps vs Q4 2021 due to higher product and fulfillment costs.
- Adopted 2023 inducement plan reserving 4M shares; CEO Carla Vernón granted RSUs valued at $5.17M.
- Company achieved full year 2022 revenue outlook; details of exact revenue and EPS not provided in excerpt.

## SEC filing metadata
- accession: 0001530979-23-000036
- form_type: 8-K
- ticker: HNST
- cik: 0001530979
- company_name: Honest Company, Inc.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530979/000153097923000036/0001530979-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530979/000153097923000036/hnst-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001530979-23-000036
- JSON: https://secwatch.observer/filing/0001530979-23-000036.json
- Plain text: https://secwatch.observer/filing/0001530979-23-000036.txt

## Key facts
- Earnings Releases
  Honest Company, Inc. reported financial results for fourth quarter and year ended December 31, 2022.
  - Period: fourth quarter and year ended December 31, 2022
  - Result: reported results
  source text: On March 16, 2023 , The Honest Company, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530979/000153097923000036/0001530979-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.