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Torrid Holdings Inc.（CURV）与VINCE HOLDING CORP.（VNCE）财务数据对比。点击上方公司名可切换其他公司
Torrid Holdings Inc.的季度营收约是VINCE HOLDING CORP.的2.8倍（$235.2M vs $85.1M）。VINCE HOLDING CORP.净利率更高（3.2% vs -2.7%，领先5.9%）。VINCE HOLDING CORP.同比增速更快（6.2% vs -10.8%）。VINCE HOLDING CORP.自由现金流更多（$-5.7M vs $-6.6M）。过去两年VINCE HOLDING CORP.的营收复合增速更高（6.3% vs -10.5%）
Torrid Holdings Inc.是美国主营大码女装的零售连锁品牌，原隶属于Hot Topic，目前归Sycamore Partners所有，2015年拆分成为独立公司。品牌专为10至30码的女性提供服饰及配饰产品，2001年4月在加利福尼亚州布瑞亚购物中心开出首店，截至2024年，已在美国各州及部分其他区域开设超过650家门店。
Vince是创立于2002年的现代时装品牌，主打简约高级的日常服饰，深受都市消费者喜爱。2023年，Authentic Brands Group以7650万美元收购了该品牌的知识产权。
CURV vs VNCE — 直观对比
营收规模更大
CURV
是对方的2.8倍
$85.1M
营收增速更快
VNCE
高出17.0%
-10.8%
净利率更高
VNCE
高出5.9%
-2.7%
自由现金流更多
VNCE
多$904.0K
$-6.6M
两年增速更快
VNCE
近两年复合增速
-10.5%
损益表 — Q4 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $235.2M | $85.1M |
| 净利润 | $-6.4M | $2.7M |
| 毛利率 | 34.9% | 49.2% |
| 营业利润率 | 0.1% | 6.4% |
| 净利率 | -2.7% | 3.2% |
| 营收同比 | -10.8% | 6.2% |
| 净利润同比 | -438.2% | -37.3% |
| 每股收益（稀释后） | $-0.06 | $0.21 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CURVVNCE
| Q4 25 | $235.2M | $85.1M | ||
| Q3 25 | $262.8M | $73.2M | ||
| Q2 25 | $266.0M | $57.9M | ||
| Q1 25 | $275.6M | $80.0M | ||
| Q4 24 | $263.8M | $80.2M | ||
| Q3 24 | $284.6M | $74.2M | ||
| Q2 24 | $279.8M | $59.2M | ||
| Q1 24 | $293.5M | $75.3M |
净利润CURVVNCE
| Q4 25 | $-6.4M | $2.7M | ||
| Q3 25 | $1.6M | $12.1M | ||
| Q2 25 | $5.9M | $-4.8M | ||
| Q1 25 | $-3.0M | $-28.3M | ||
| Q4 24 | $-1.2M | $4.3M | ||
| Q3 24 | $8.3M | $569.0K | ||
| Q2 24 | $12.2M | $4.4M | ||
| Q1 24 | $-4.1M | $-4.7M |
毛利率CURVVNCE
| Q4 25 | 34.9% | 49.2% | ||
| Q3 25 | 35.6% | 50.4% | ||
| Q2 25 | 38.1% | 50.3% | ||
| Q1 25 | 33.6% | 50.1% | ||
| Q4 24 | 36.1% | 50.0% | ||
| Q3 24 | 38.7% | 47.4% | ||
| Q2 24 | 41.3% | 50.6% | ||
| Q1 24 | 34.5% | 45.4% |
营业利润率CURVVNCE
| Q4 25 | 0.1% | 6.4% | ||
| Q3 25 | 3.9% | 15.2% | ||
| Q2 25 | 6.0% | -7.7% | ||
| Q1 25 | 1.3% | -37.1% | ||
| Q4 24 | 2.7% | 7.2% | ||
| Q3 24 | 7.2% | 1.5% | ||
| Q2 24 | 9.3% | 9.5% | ||
| Q1 24 | 1.4% | -2.2% |
净利率CURVVNCE
| Q4 25 | -2.7% | 3.2% | ||
| Q3 25 | 0.6% | 16.5% | ||
| Q2 25 | 2.2% | -8.3% | ||
| Q1 25 | -1.1% | -35.5% | ||
| Q4 24 | -0.5% | 5.4% | ||
| Q3 24 | 2.9% | 0.8% | ||
| Q2 24 | 4.4% | 7.4% | ||
| Q1 24 | -1.4% | -6.2% |
每股收益（稀释后）CURVVNCE
| Q4 25 | $-0.06 | $0.21 | ||
| Q3 25 | $0.02 | $0.93 | ||
| Q2 25 | $0.06 | $-0.37 | ||
| Q1 25 | $-0.04 | $-2.25 | ||
| Q4 24 | $-0.01 | $0.34 | ||
| Q3 24 | $0.08 | $0.05 | ||
| Q2 24 | $0.12 | $0.35 | ||
| Q1 24 | $-0.03 | $-0.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $17.2M | $1.1M |
| 总债务越低越好 | $276.4M | — |
| 股东权益账面价值 | $-206.5M | $53.4M |
| 总资产 | $402.9M | $246.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CURVVNCE
| Q4 25 | $17.2M | $1.1M | ||
| Q3 25 | $21.5M | $777.0K | ||
| Q2 25 | $23.7M | $2.6M | ||
| Q1 25 | $48.5M | $607.0K | ||
| Q4 24 | $44.0M | $892.0K | ||
| Q3 24 | $53.9M | $711.0K | ||
| Q2 24 | $20.5M | $739.0K | ||
| Q1 24 | $11.7M | $357.0K |
总债务CURVVNCE
| Q4 25 | $276.4M | — | ||
| Q3 25 | $280.5M | — | ||
| Q2 25 | $284.5M | — | ||
| Q1 25 | $288.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CURVVNCE
| Q4 25 | $-206.5M | $53.4M | ||
| Q3 25 | $-201.1M | $49.3M | ||
| Q2 25 | $-183.8M | $37.2M | ||
| Q1 25 | $-191.1M | $41.8M | ||
| Q4 24 | $-189.3M | $57.1M | ||
| Q3 24 | $-188.9M | $52.4M | ||
| Q2 24 | $-198.6M | $51.7M | ||
| Q1 24 | $-211.7M | $47.2M |
总资产CURVVNCE
| Q4 25 | $402.9M | $246.0M | ||
| Q3 25 | $414.5M | $239.0M | ||
| Q2 25 | $451.4M | $218.0M | ||
| Q1 25 | $488.4M | $222.7M | ||
| Q4 24 | $493.0M | $254.7M | ||
| Q3 24 | $487.5M | $253.6M | ||
| Q2 24 | $479.7M | $223.1M | ||
| Q1 24 | $476.9M | $225.1M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-4.9M | $-5.1M |
| 自由现金流经营现金流 - 资本支出 | $-6.6M | $-5.7M |
| 自由现金流率自由现金流/营收 | -2.8% | -6.7% |
| 资本支出强度资本支出/营收 | 0.7% | 0.7% |
| 现金转化率经营现金流/净利润 | — | -1.86× |
| 过去12个月自由现金流最近4个季度 | $-2.3M | $4.3M |
8季度趋势，按日历期对齐
经营现金流CURVVNCE
| Q4 25 | $-4.9M | $-5.1M | ||
| Q3 25 | $15.7M | $4.2M | ||
| Q2 25 | $-18.0M | $-11.8M | ||
| Q1 25 | $12.0M | $22.7M | ||
| Q4 24 | $-3.1M | $6.4M | ||
| Q3 24 | $40.8M | $-3.2M | ||
| Q2 24 | $27.6M | $-3.9M | ||
| Q1 24 | $9.0M | $14.8M |
自由现金流CURVVNCE
| Q4 25 | $-6.6M | $-5.7M | ||
| Q3 25 | $14.6M | $2.1M | ||
| Q2 25 | $-20.6M | $-13.2M | ||
| Q1 25 | $10.2M | $21.2M | ||
| Q4 24 | $-5.5M | $5.1M | ||
| Q3 24 | $37.7M | $-3.9M | ||
| Q2 24 | $20.6M | $-4.6M | ||
| Q1 24 | $-1.7M | $14.2M |
自由现金流率CURVVNCE
| Q4 25 | -2.8% | -6.7% | ||
| Q3 25 | 5.6% | 2.9% | ||
| Q2 25 | -7.7% | -22.9% | ||
| Q1 25 | 3.7% | 26.5% | ||
| Q4 24 | -2.1% | 6.4% | ||
| Q3 24 | 13.2% | -5.2% | ||
| Q2 24 | 7.4% | -7.8% | ||
| Q1 24 | -0.6% | 18.9% |
资本支出强度CURVVNCE
| Q4 25 | 0.7% | 0.7% | ||
| Q3 25 | 0.4% | 2.9% | ||
| Q2 25 | 1.0% | 2.5% | ||
| Q1 25 | 0.6% | 1.9% | ||
| Q4 24 | 0.9% | 1.6% | ||
| Q3 24 | 1.1% | 0.9% | ||
| Q2 24 | 2.5% | 1.3% | ||
| Q1 24 | 3.7% | 0.7% |
现金转化率CURVVNCE
| Q4 25 | — | -1.86× | ||
| Q3 25 | 10.05× | 0.35× | ||
| Q2 25 | -3.03× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 4.90× | -5.61× | ||
| Q2 24 | 2.27× | -0.89× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CURV
| Apparel | $213.6M | 91% |
| Non Apparel | $12.3M | 5% |
| Other | $9.2M | 4% |
| Loyalty Program | $1.1M | 0% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
