NYSE : CURV
Torrid Holdings Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 2.44 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 243.32M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Torrid Holdings Inc. (CURV) reported revenue of 948.85M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 948.85M | 1.00B | 1.10B | 1.15B | 1.29B | 1.30B |
| Cost of Revenue | 630.31M | 652.13M | 690.27M | 745.97M | 828.61M | 759.83M |
| Gross Profit | 318.54M | 347.96M | 413.47M | 405.98M | 459.54M | 537.45M |
| Selling, General & Admin | 311.32M | 326.56M | 356.26M | 348.83M | 356.41M | 492.06M |
| Operating Expenses | 311.32M | 326.56M | 356.26M | 348.83M | 356.41M | 492.06M |
| Operating Income | 7.22M | 21.40M | 57.21M | 57.15M | 103.12M | 45.38M |
| Interest Expense | -31.12M | -31.84M | -35.63M | -39.20M | -29.74M | -29.50M |
| Interest & Investment Income | 163.00K | 882.00K | 28.00K | 90.00K | ||
| Other Non Operating Income (Expenses) | -121.00K | -207.00K | -56.00K | |||
| EBT Excluding Unusual Items | -23.86M | -9.56M | 21.60M | 18.04M | 73.18M | 15.83M |
| Merger & Restructuring Charges | -1.50M | |||||
| Pretax Income | -12.77M | -9.56M | 21.60M | 18.04M | 71.68M | 15.83M |
| Income Tax Expense | -3.81M | -2.53M | 5.29M | 6.42M | 21.47M | 45.77M |
| Net Income | -8.95M | -7.03M | 16.32M | 11.62M | 50.21M | -29.94M |
| Net Income to Common | -8.95M | -7.03M | 16.32M | 11.62M | 50.21M | -29.94M |
| Shares Outstanding (Basic) | 99.34M | 101.44M | 104.56M | 103.99M | 104.34M | 109.89M |
| Shares Outstanding (Diluted) | 99.34M | 101.44M | 105.68M | 104.40M | 104.49M | 109.89M |
| EPS (Basic) | -0.09 | -0.07 | 0.16 | 0.11 | 0.48 | -0.27 |
| EPS (Diluted) | -0.09 | -0.07 | 0.15 | 0.11 | 0.48 | -0.27 |
| Free Cash Flow | -13.27M | -21.86M | 63.00M | 16.77M | 29.94M | 103.67M |
| Free Cash Flow Per Share | -0.13 | -0.22 | 0.60 | 0.16 | 0.29 | 0.94 |
| Gross Margin | 33.57% | 34.79% | 37.46% | 35.24% | 35.68% | 41.43% |
| Operating Margin | 0.76% | 2.14% | 5.18% | 4.96% | 8.01% | 3.50% |
| Profit Margin | -0.94% | -0.70% | 1.48% | 1.01% | 3.90% | -2.31% |
| Free Cash Flow Margin | -1.40% | -2.19% | 5.71% | 1.46% | 2.32% | 7.99% |
| EBITDA | 27.85M | 49.51M | 87.55M | 90.55M | 137.82M | 80.43M |
| EBITDA Margin | 2.94% | 4.95% | 7.93% | 7.86% | 10.70% | 6.20% |
| D&A For EBITDA | 20.63M | 28.11M | 30.34M | 33.40M | 34.69M | 35.05M |
| EBIT | 7.22M | 21.40M | 57.21M | 57.15M | 103.12M | 45.38M |
| EBIT Margin | 0.76% | 2.14% | 5.18% | 4.96% | 8.01% | 3.50% |
| Effective Tax Rate | 24.46% | 35.58% | 29.96% | 289.17% |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 22.00M | 20.02M | 48.52M | 11.73M | 13.57M | 29.02M |
| Cash & Short-Term Investments | 22.00M | 20.02M | 48.52M | 11.73M | 13.57M | 29.02M |
| Other Receivables | 2.95M | 2.81M | 2.76M | 2.72M | ||
| Receivables | 2.95M | 2.81M | 2.76M | 2.72M | ||
| Inventory | 125.60M | 136.48M | 148.49M | 142.20M | 180.06M | 170.61M |
| Prepaid Expenses | 27.69M | 17.52M | 16.86M | 13.85M | 12.67M | 9.44M |
| Restricted Cash | 421.00K | 421.00K | 399.00K | 399.00K | 366.00K | 262.00K |
| Other Current Assets | 10.82M | 16.08M | 9.08M | 8.18M | 6.74M | 11.59M |
| Total Current Assets | 186.54M | 193.48M | 226.17M | 179.12M | 216.12M | 220.93M |
| Property, Plant & Equipment | 140.06M | 159.82M | 218.32M | 265.96M | 290.79M | 337.20M |
| Other Intangible Assets | 8.40M | 8.40M | 8.40M | 8.40M | 8.40M | 8.40M |
| Long-Term Deferred Tax Assets | 19.07M | 19.07M | 16.62M | 8.68M | 3.30M | 4.87M |
| Other Long-Term Assets | 17.39M | 19.57M | 18.93M | 14.78M | 8.65M | 7.10M |
| Total Assets | 371.45M | 400.34M | 488.44M | 476.95M | 527.26M | 578.50M |
| Accounts Payable | 57.72M | 62.34M | 80.24M | 55.08M | 87.81M | 89.55M |
| Accrued Expenses | 67.05M | 64.88M | 80.18M | 60.26M | 62.45M | 95.55M |
| Short-Term Debt | 39.69M | 31.02M | 7.27M | 8.38M | ||
| Current Portion of Long-Term Debt | 16.14M | 16.14M | 16.14M | 16.14M | 16.14M | 20.52M |
| Current Portion of Leases | 26.65M | 32.17M | 40.51M | 42.76M | 45.01M | 45.72M |
| Current Income Taxes Payable | 122.00K | 2.67M | ||||
| Current Unearned Revenue | 23.82M | 25.61M | 27.34M | 27.45M | 27.16M | 28.05M |
| Other Current Liabilities | 3.79M | 16.66M | 18.73M | 20.47M | 20.38M | 17.63M |
| Total Current Liabilities | 234.86M | 248.94M | 263.13M | 232.11M | 267.33M | 297.01M |
| Long-Term Debt | 248.19M | 256.26M | 272.41M | 288.55M | 304.70M | 320.84M |
| Long-Term Leases | 86.81M | 100.88M | 134.48M | 155.82M | 172.10M | 207.05M |
| Long-Term Unearned Revenue | 2.30M | 2.69M | 3.00M | |||
| Other Long-Term Liabilities | 5.09M | 4.97M | 6.51M | 12.18M | 13.36M | 11.92M |
| Total Liabilities | 577.26M | 613.75M | 679.53M | 688.66M | 757.49M | 836.82M |
| Common Stock | 1.06M | 1.05M | 1.05M | 1.04M | 1.04M | 1.08M |
| Additional Paid-In Capital | 146.91M | 144.72M | 140.03M | 135.14M | 128.21M | 118.29M |
| Retained Earnings | -332.71M | -338.30M | -331.27M | -347.59M | -359.21M | -377.76M |
| Treasury Stock | -20.27M | -20.27M | ||||
| Comprehensive Income & Other | -798.00K | -606.00K | -898.00K | -313.00K | -261.00K | 76.00K |
| Shareholders' Equity | -205.81M | -213.41M | -191.09M | -211.72M | -230.22M | -258.32M |
| Total Liabilities & Equity | 371.45M | 400.34M | 488.44M | 476.95M | 527.26M | 578.50M |
| Total Debt | 417.49M | 436.48M | 463.54M | 510.55M | 546.33M | 594.12M |
| Net Cash (Debt) | -395.49M | -416.46M | -415.02M | -498.82M | -532.76M | -565.10M |
| Net Cash Per Share | -3.98 | -4.11 | -3.93 | -4.78 | -5.10 | -5.14 |
| Filing Date Shares Outstanding | 99.72M | 99.32M | 104.93M | 104.33M | 103.80M | 105.86M |
| Total Common Shares Outstanding | 99.69M | 99.31M | 104.86M | 104.20M | 103.77M | 107.86M |
| Working Capital | -48.32M | -55.46M | -36.97M | -52.98M | -51.21M | -76.09M |
| Book Value Per Share | -2.06 | -2.15 | -1.82 | -2.03 | -2.22 | -2.39 |
| Tangible Book Value | -214.21M | -221.81M | -199.49M | -220.12M | -238.62M | -266.72M |
| Tangible Book Value Per Share | -2.15 | -2.23 | -1.90 | -2.11 | -2.30 | -2.47 |
| Machinery | 105.58M | 104.56M | 118.90M | 122.75M | 115.62M | 108.26M |
| Construction In Progress | 984.00K | 1.20M | 1.44M | 3.24M | 2.96M | 4.74M |
| Leasehold Improvements | 141.57M | 147.79M | 187.79M | 187.11M | 176.22M | 168.08M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -8.95M | -7.03M | 16.32M | 11.62M | 50.21M | -29.94M |
| Depreciation & Amortization | 49.99M | 61.47M | 70.91M | 74.77M | 76.53M | 76.70M |
| Other Amortization | 8.00M | 8.00M | 6.90M | 4.60M | 2.90M | 6.93M |
| Stock-Based Compensation | 6.69M | 5.21M | 7.63M | 8.04M | 9.98M | 159.75M |
| Other Operating Activities | -3.84M | -4.78M | -7.25M | -3.53M | 2.95M | 1.50M |
| Change in Inventory | 1.22M | 9.03M | -7.62M | 33.18M | -12.03M | -65.71M |
| Change in Accounts Payable | 4.99M | -15.41M | 27.00M | -30.29M | -1.24M | 5.64M |
| Change in Income Taxes | 204.00K | -7.62M | -4.35M | 2.19M | 4.26M | -15.26M |
| Change in Other Net Operating Assets | -58.98M | -61.86M | -32.15M | -57.81M | -80.25M | -18.39M |
| Operating Cash Flow | -677.00K | -13.01M | 77.39M | 42.77M | 53.31M | 121.22M |
| Capital Expenditures | -12.60M | -8.85M | -14.39M | -26.00M | -23.37M | -17.55M |
| Investing Cash Flow | -12.60M | -8.85M | -14.39M | -26.00M | -23.37M | -17.55M |
| Short-Term Debt Issued | 471.56M | 62.78M | 592.77M | 832.63M | 5.70M | |
| Long-Term Debt Issued | 340.51M | |||||
| Total Debt Issued | 610.97M | 471.56M | 62.78M | 592.77M | 832.63M | 346.21M |
| Short-Term Debt Repaid | -440.54M | -70.05M | -593.88M | -824.25M | -5.70M | |
| Long-Term Debt Repaid | -17.50M | -17.50M | -17.50M | -21.88M | -212.78M | |
| Total Debt Repaid | -596.68M | -458.04M | -87.55M | -611.38M | -846.13M | -218.47M |
| Net Debt Issued (Repaid) | 14.29M | 13.52M | -24.77M | -18.61M | -13.49M | 127.73M |
| Issuance of Common Stock | 156.00K | 281.00K | 1.04M | 399.00K | 746.00K | 569.00K |
| Repurchase of Common Stock | -519.00K | -20.60M | -774.00K | -306.00K | -32.37M | -325.42M |
| Other Financing Activities | -375.00K | -688.00K | ||||
| Financing Cash Flow | 13.93M | -7.18M | -24.50M | -18.52M | -45.12M | -197.81M |
| Foreign Exchange Rate Adjustments | -171.00K | 563.00K | -1.71M | -53.00K | -177.00K | 213.00K |
| Net Cash Flow | 483.00K | -28.48M | 36.79M | -1.80M | -15.35M | -93.93M |
| Free Cash Flow | -13.27M | -21.86M | 63.00M | 16.77M | 29.94M | 103.67M |
| Free Cash Flow Margin | -1.40% | -2.19% | 5.71% | 1.46% | 2.32% | 7.99% |
| Free Cash Flow Per Share | -0.13 | -0.22 | 0.60 | 0.16 | 0.29 | 0.94 |
| Levered Free Cash Flow | 21.88M | 26.60M | 114.83M | 75.93M | 68.28M | 195.21M |
| Unlevered Free Cash Flow | 41.33M | 46.50M | 137.10M | 100.43M | 86.86M | 208.42M |
| Cash Interest Paid | 27.35M | 32.43M | 35.08M | 34.20M | 29.56M | 24.12M |
| Cash Income Tax Paid | 2.59M | 8.93M | 17.80M | 11.20M | 15.60M | 58.13M |
| Change in Working Capital | -52.56M | -75.87M | -17.12M | -52.73M | -89.26M | -93.72M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 254.28M | 114.08M | 739.58M | 517.39M | 384.58M | 971.01M |
| Enterprise Value | 649.77M | 528.10M | 1.17B | 1.02B | 915.98M | 1.52B |
| Last Close Price | 2.44 | 1.15 | 7.06 | 4.97 | 3.71 | 8.82 |
| PE Ratio | 45.32 | 44.53 | 7.66 | |||
| Forward PE | 51.72 | 15.60 | 35.93 | 27.38 | 7.64 | 9.65 |
| PS Ratio | 0.26 | 0.11 | 0.67 | 0.45 | 0.30 | 0.75 |
| PB Ratio | -0.54 | -3.87 | -2.44 | -1.67 | -3.76 | |
| P/FCF Ratio | 11.74 | 30.85 | 12.84 | 9.37 | ||
| P/OCF Ratio | 9.56 | 12.10 | 7.21 | 8.01 | ||
| PEG Ratio | 1.33 | 1.49 | 0.50 | 2.14 | 0.22 | |
| EV/Sales Ratio | 0.68 | 0.53 | 1.06 | 0.89 | 0.71 | 1.17 |
| EV/EBITDA Ratio | 23.22 | 10.67 | 13.36 | 11.26 | 6.65 | 18.84 |
| EV/EBIT Ratio | 89.62 | 24.68 | 20.45 | 17.83 | 8.88 | 33.39 |
| EV/FCF Ratio | 18.57 | 60.78 | 30.59 | 14.62 | ||
| Debt / Equity Ratio | -2.03 | -2.04 | -2.43 | -2.41 | -2.37 | -2.30 |
| Debt / EBITDA Ratio | 4.67 | 3.69 | 2.89 | 3.11 | 2.62 | 3.92 |
| Debt / FCF Ratio | 7.36 | 30.45 | 18.25 | 5.73 | ||
| Net Debt / Equity Ratio | -1.92 | -1.95 | -2.17 | -2.36 | -2.31 | -2.19 |
| Net Debt / EBITDA Ratio | 14.20 | 8.41 | 4.74 | 5.51 | 3.87 | 7.03 |
| Net Debt / FCF Ratio | -29.80 | -19.05 | 6.59 | 29.75 | 17.79 | 5.45 |
| Asset Turnover | 2.42 | 2.25 | 2.29 | 2.29 | 2.33 | 2.12 |
| Inventory Turnover | 4.93 | 4.58 | 4.75 | 4.63 | 4.73 | 5.50 |
| Quick Ratio | 0.09 | 0.09 | 0.20 | 0.06 | 0.06 | 0.10 |
| Current Ratio | 0.79 | 0.78 | 0.86 | 0.77 | 0.81 | 0.74 |
| Return on Assets (ROA) | 1.15% | 3.01% | 7.41% | 7.11% | 11.66% | 4.62% |
| Return on Invested Capital (ROIC) | 5.18% | 11.36% | 18.38% | 14.59% | 26.68% | -25.68% |
| Return on Capital Employed (ROCE) | 5.30% | 14.10% | 25.40% | 23.30% | 39.70% | 16.10% |
| Earnings Yield | -3.53% | -6.17% | 2.21% | 2.25% | 13.06% | -3.08% |
| FCF Yield | -5.28% | -19.17% | 8.52% | 3.24% | 7.79% | 10.68% |
| Buyback Yield / Dilution | 5.41% | 4.01% | -1.23% | 0.08% | 4.91% | 0.10% |