Torrid Holdings Inc.
CURV NYSE· Retail-Apparel & Accessory Stores
Last close · Oct 26, 2026
$2.00
KIRA · Stoqly’s AI analyst, in plain words
- Torrid Holdings Inc. had $1.0B of revenue in fiscal 2025, down 9.4% on the year before. Over five years, revenue changed +0.3% a year on average.
- Its operating margin was 2.1%, down 3.0 pts: of every 100 in sales, about 2 is left after running the business.
- Torrid Holdings Inc. lost $7.0M in fiscal 2025.
- Free cash flow was −$21.9M in fiscal 2025, −2.2% of revenue.
- Torrid Holdings Inc. returned $20.1M to shareholders in fiscal 2025. The diluted share count fell 4.0%.
- Torrid Holdings Inc. owes $252M more than it holds in cash, about 4.4 years of operating profit.
Market cap
$200M
P/E
—
Revenue
$1.0B
Net income
−$7.0M
Free cash flow
−$21.9M
Operating margin
2.1%
Torrid Holdings Inc. in 30 seconds · fiscal 2025
Are sales growing?
−9.4%
No. Sales fell 9.4% last year.
Does it make a profit?
−0.7%
No. It lost money last year.
Does profit turn into cash?
−2.2%
No. It spent more cash than it brought in.
Is debt under control?
4.4x
Heavy. Repaying its debt would take 4.4 years of operating profit.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Torrid Holdings Inc. does
No business description yet.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Torrid Holdings Inc.
- CIK
- 0001792781
Torrid Holdings Inc. · CURV
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.3B | $1.3B | $1.2B | $1.1B | $1.0B |
| Revenue growth | 31.8% | −0.7% | −10.6% | −4.2% | −9.4% |
| Gross margin | 41.4% | 35.7% | 35.2% | 37.5% | 34.8% |
| Operating margin | 3.5% | 7.9% | 5.0% | 5.2% | 2.1% |
| Net income | −$29.9M | $50.2M | $11.6M | $16.3M | −$7.0M |
| Net margin | −2.3% | 3.9% | 1.0% | 1.5% | −0.7% |
| Diluted EPS | −$0.27 | $0.48 | $0.11 | $0.15 | −$0.07 |
| Cash | |||||
| Cash from operations | $121M | $53.3M | $42.8M | $77.4M | −$13.0M |
| Capital expenditure | $17.6M | $23.4M | $26.0M | $14.4M | $8.9M |
| Free cash flow | $104M | $29.9M | $16.8M | $63.0M | −$21.9M |
| FCF margin | 8.0% | 2.3% | 1.5% | 5.7% | −2.2% |
| Share buybacks | $23.4M | $31.7M | $0.0M | $0.0M | $20.1M |
| Share count change | −0.1% | −4.9% | −0.1% | 1.2% | −4.0% |
| Debt and strength | |||||
| Cash and short-term investments | $29.0M | $13.6M | $11.7M | $48.5M | $20.0M |
| Debt incl. finance leases | $341M | $321M | $305M | $289M | $272M |
| Shareholders' equity | −$258M | −$230M | −$212M | −$191M | −$213M |
| Net debt / EBITDA | 3.8x | 2.2x | 3.1x | 2.5x | 4.4x |
| Current ratio | 0.7x | 0.8x | 0.8x | 0.9x | 0.8x |
| Interest coverage | 1.5x | 3.4x | 1.5x | — | — |
| Returns and quality | |||||
| Return on capital | 54.6% | 92.4% | 45.7% | 88.3% | 43.4% |
| Piotroski F-score | 5 | 7 | 4 | 7 | 2 |
| Altman Z'' | −2.8 | −1.9 | −2.6 | −2.2 | −3.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.2M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Torrid Holdings Inc. · CURV
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.00 a share, the company is worth $200M.
Source: SEC EDGAR XBRL filings (CIK 0001792781). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.