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NYSE · Consumer Discretionary

Torrid Holdings Inc. (CURV)

As-reported financials and SEC filings for Torrid Holdings Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Torrid Holdings Inc.

Torrid Holdings Inc. is a North American direct-to-consumer brand that designs and sells apparel, intimates, and accessories specifically for curvy women in sizes 10 to 30. The company offers a wide range of products including tops, bottoms, denim, dresses, activewear, footwear, and intimates, focusing on fit, style, and affordability. Torrid serves primarily employed women aged 30 to 44 who seek fashionable and well-fitting clothing for various occasions through both e-commerce and retail stores.

Snapshot

Revenue
$1.00B
Revenue growth (YoY)
-9.4%
Net income
$-7.0M
Diluted EPS
$-0.07
Gross margin
34.8%
Operating margin
2.1%
Net margin
-0.7%
FCF margin
-2.2%
ROE
—
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$244.3M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Torrid Holdings

  • Revenue fell 9.4% to $1.0B in FY2025, after a 4.2% decline the year before.
  • Operating margin is 2.1% in FY2025, -1.4 pp against 3.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $232M, down 11.8% from Q2 FY2025.
  • Free cash flow was negative $22M in FY2025.
  • Net income turned to a $7M loss in FY2025, from a $16M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Torrid Holdings’s fundamentals sit among the 410 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin34.8%
51st percentile of 277
Operating margin2.1%
41st percentile of 348
Net margin-0.7%
30th percentile of 384
FCF margin-2.2%
17th percentile of 358
Revenue growth (YoY)-9.4%
14th percentile of 401
Short interest20.25d
99th percentile of 408

Torrid Holdings’s revenue growth of -9.4% ranks in the 14th percentile of the 401 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $4,429. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+3 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
0
0 trimmed, 0 exited
Combined position
$2.1M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$884,412472.9KAdded
Two Sigma InvestmentsquantQ2 2026$603,354322.6KAdded
Citadel AdvisorsquantQ2 2026$598,013319.8KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
1
$4K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-02
filed 2026-09-04
Ashlee WheelerChief Commercial OfficerSell2.0K$2.27$4K
2026-07-16
filed 2026-07-17
Chinwe AbaeluSee RemarksSell24.4K$2.16$53K
2026-07-16
filed 2026-07-17
Chinwe AbaeluSee RemarksSell1.0K$2.29$2K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.4M
settled 2026-09-30
Change vs prior
+0.6%
vs previous settlement
Days to cover
20.25
at avg daily volume
Avg daily volume
217.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-304.4M+0.6%20.25
2026-09-154.4M+3.7%5.96
2026-08-314.2M+3.1%26.04
2026-08-144.1M+3.0%17.05
2026-07-314.0M+1.1%13.49
2026-07-153.9M+11.3%16.76
2026-06-303.5M-3.8%9.01
2026-06-153.7M+16.5%3.10

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.00B$1.10B$1.15B$1.29B$1.30B
Gross profit
Operating income$21.4M$57.2M$57.1M$101.6M$45.4M
Net income$-7.0M$16.3M$11.6M$50.2M$-29.9M
Diluted EPS$-0.07$0.15$0.11$0.48$-0.27

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-13.0M$77.4M$42.8M$53.3M$121.2M
Capital expenditure$8.9M$14.4M$26.0M$23.4M$17.6M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$231.7M-11.8%$5.2M$0.05
Q1 FY2026$245.8M-7.6%$414,000$0.00
Q4 FY2025-14.3%
Q3 FY2025$235.2M-10.8%$-6.4M$-0.06
Q2 FY2025$262.8M-7.7%$1.6M$0.02
Q1 FY2025$266.0M-4.9%$5.9M$0.06
Q4 FY2024-6.1%
Q3 FY2024$263.8M-4.2%$-1.2M$-0.01

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryRetail-Apparel & Accessory Stores
Latest annual periodFY2025 (ended January 31, 2026)
Latest reported quarterQ2 FY2026 (ended August 1, 2026)
Oldest indexed filing2020
SEC CIK1792781

Selected SEC filings

10-K2026-03-31
View on EDGAR →
10-Q2026-09-10
View on EDGAR →
10-Q2026-06-11
View on EDGAR →
8-K2026-09-03
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-06-03
View on EDGAR →
8-K2026-04-03
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.