Torrid Holdings Inc.CURVEarnings & Financial Report
Torrid Holdings Inc. is an American women's retail chain formerly owned by Hot Topic. While it is still owned by Sycamore Partners, owners of Hot Topic, in 2015, the company branched off to become Torrid, LLC. The store offers plus-size clothing and accessories for women size 10-30. Torrid began operations in April 2001. The first location opened in the Brea Mall in Brea, California. As of 2024, Torrid has over 650 stores in operation across all states in the United States and some regions of...
CURV Q3 FY2026 Key Financial Metrics
Revenue
$235.2M
Gross Profit
$82.2M
Operating Profit
$205.0K
Net Profit
$-6.4M
Gross Margin
34.9%
Operating Margin
0.1%
Net Margin
-2.7%
YoY Growth
-10.8%
EPS
$-0.06
Torrid Holdings Inc. Q3 FY2026 Financial Summary
Torrid Holdings Inc. reported revenue of $235.2M (down 10.8% YoY) for Q3 FY2026, with a net profit of $-6.4M (down 438.2% YoY) (-2.7% margin). Cost of goods sold was $153.0M, operating expenses totaled $82.0M.
Key Financial Metrics
| Total Revenue | $235.2M |
|---|---|
| Net Profit | $-6.4M |
| Gross Margin | 34.9% |
| Operating Margin | 0.1% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Torrid Holdings Inc. Q3 FY2026 revenue of $235.2M breaks down across 4 segments, led by Apparel at $213.6M (90.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Apparel | $213.6M | 90.8% |
| Non Apparel | $12.3M | 5.2% |
| Other | $9.2M | 3.9% |
| Loyalty Program | $1.1M | 0.5% |
Torrid Holdings Inc. Revenue by Segment — Quarterly Trend
Torrid Holdings Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Apparel and Non Apparel) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Apparel | $213.6M | $241.4M | $239.8M | $246.0M |
| Non Apparel | $12.3M | $13.5M | $18.3M | $19.8M |
| Other | $9.2M | $7.9M | $7.9M | — |
| Loyalty Program | $1.1M | $1.3M | $6.2M | — |
Torrid Holdings Inc. Annual Revenue by Year
Torrid Holdings Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
Torrid Holdings Inc. Quarterly Revenue & Net Profit History
Torrid Holdings Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $235.2M | -10.8% | $-6.4M | -2.7% |
| Q2 FY2026 | $262.8M | -7.7% | $1.6M | 0.6% |
| Q1 FY2026 | $266.0M | -4.9% | $5.9M | 2.2% |
| Q4 FY2025 | $275.6M | -6.1% | $-3.0M | -1.1% |
| Q3 FY2025 | $263.8M | +0.0% | $-1.2M | -0.5% |
| Q2 FY2025 | $284.6M | +3.4% | $8.3M | 2.9% |
| Q1 FY2025 | $279.8M | -3.2% | $12.2M | 4.4% |
| Q4 FY2024 | $293.5M | -0.1% | $-4.1M | -1.4% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $293.5M | $279.8M | $284.6M | $263.8M | $275.6M | $266.0M | $262.8M | $235.2M |
| YoY Growth | -0.1% | -3.2% | 3.4% | 0.0% | -6.1% | -4.9% | -7.7% | -10.8% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $476.9M | $479.7M | $487.5M | $493.0M | $488.4M | $451.4M | $414.5M | $402.9M |
| Liabilities | $688.7M | $678.3M | $676.4M | $682.3M | $679.5M | $635.2M | $615.6M | $609.5M |
| Equity | $-211.7M | $-198.6M | $-188.9M | $-189.3M | $-191.1M | $-183.8M | $-201.1M | $-206.5M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $9.0M | $27.6M | $40.8M | $-3.1M | $12.0M | $-18.0M | $15.7M | $-4.9M |