Torrid Holdings Inc. provides apparel, intimates, and accessories for women in North America. It offers tops, bottoms, dresses, intimates, sleep wear, swim wear, and outerwear, as well as accessories, footwear, and beauty products. The company sells its products under the Torrid, Torrid Curve, CURV, and Lovesick brands. It serves plus- and mid-size consumers through its e-commerce platforms and retail stores. The company was incorporated in 2019 and is headquartered in City Of Industry, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $1.0B | $92M | $-7M | $-22M | 3.3% | -9.4% | -143.1% |
| 2025 | $1.1B | $135M | $16M | $63M | -8.5% | -4.2% | 40.4% |
| 2024 | $1.2B | $137M | $12M | $17M | -5.5% | -10.6% | -76.9% |
| 2023 | $1.3B | $181M | $50M | $30M | -21.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total Revenue | 1,288.14 | 1,151.94 | 1,103.74 | 1,000.09 |
| Cost Of Revenue | 828.61 | 745.97 | 690.27 | 652.13 |
| Gross Profit | 459.54 | 405.98 | 413.47 | 347.96 |
| Operating Expense | 357.91 | 348.83 | 356.26 | 326.56 |
| Operating Income | 101.62 | 57.15 | 57.21 | 21.40 |
| EBITDA | 181.06 | 136.61 | 135.05 | 91.75 |
| EBIT | 101.62 | 57.24 | 57.24 | 22.28 |
| Pretax Income | 71.68 | 18.04 | 21.60 | -9.56 |
| Tax Provision | 21.47 | 6.42 | 5.29 | -2.53 |
| Net Income | 50.21 | 11.62 | 16.32 | -7.03 |
| Net Income Common Stockholders | 50.21 | 11.62 | 16.32 | -7.03 |
| Total Expenses | 1,186.52 | 1,094.80 | 1,046.53 | 978.69 |
| Interest Expense | 29.94 | 39.20 | 35.63 | 31.84 |
| Interest Income | 0 | 0.09 | 0.03 | 0.88 |
| Selling General And Administration | 357.91 | 348.83 | 356.26 | 326.56 |
| Normalized EBITDA | 181.06 | 136.61 | 135.05 | 91.75 |
| Normalized Income | 50.21 | 11.62 | 16.32 | -7.03 |
| Basic EPS | 0.48 | 0.11 | 0.16 | 0 |
| Diluted EPS | 0.48 | 0.11 | 0.15 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.30 | 0.36 | 0.24 | 0.26 |
| Net Income From Continuing Operation Net Minority Interest | 50.21 | 11.62 | 16.32 | -7.03 |
| Reconciled Depreciation | 79.43 | 79.37 | 77.81 | 69.47 |
| Reconciled Cost Of Revenue | 828.61 | 745.97 | 690.27 | 652.13 |
| Net Interest Income | -29.94 | -39.11 | -35.60 | -30.96 |
| Net Income From Continuing And Discontinued Operation | 50.21 | 11.62 | 16.32 | -7.03 |
| Total Operating Income As Reported | 101.62 | 57.15 | 57.21 | 21.40 |
| Diluted Average Shares | 104.49 | 104.40 | 105.68 | 0 |
| Basic Average Shares | 104.34 | 103.99 | 104.56 | 0 |
| Diluted NI Availto Com Stockholders | 50.21 | 11.62 | 16.32 | -7.03 |
| Net Income Including Noncontrolling Interests | 50.21 | 11.62 | 16.32 | -7.03 |
| Net Income Continuous Operations | 50.21 | 11.62 | 16.32 | -7.03 |
| Net Non Operating Interest Income Expense | -29.94 | -39.11 | -35.60 | -30.96 |
| Interest Expense Non Operating | 29.94 | 39.20 | 35.63 | 31.84 |
| Interest Income Non Operating | 0 | 0.09 | 0.03 | 0.88 |
| Selling And Marketing Expense | 59.94 | 55.50 | 54.23 | 57.38 |
| General And Administrative Expense | 297.97 | 293.33 | 302.03 | 269.18 |
| Other Gand A | 297.97 | 293.33 | 302.03 | 269.18 |
| Operating Revenue | 1,254.14 | 1,117.96 | 1,071.77 | 966.37 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Torrid Holdings Inc.this co. | CURV | $167M | - | -0.78 | 3.3% | 11.78 |
| Motorcar Parts of America, Inc. | MPAA | $211M | 121.89 | 0.82 | -7.6% | 7.40 |
| J.Jill, Inc. | JILL | $189M | 6.97 | 1.55 | 23.0% | 5.10 |
| Inspired Entertainment, Inc. | INSE | $187M | - | -11.74 | 104.9% | 9.39 |
| OneWater Marine Inc. | ONEW | $168M |
| - |
| 0.60 |
| -40.2% |
| 13.23 |
| Gambling.com Group Limited | GAMB | $133M | - | 1.23 | -30.5% | 5.68 |
| Bassett Furniture Industries, Incorporated | BSET | $127M | 23.60 | 0.77 | 3.7% | 10.32 |
| Medifast, Inc. | MED | $120M | - | 0.57 | -9.4% | -1515.42 |
| American Outdoor Brands, Inc. | AOUT | $118M | - | 0.70 | -0.0% | 20.74 |
| Peer Median | - | 23.60 | 0.74 | -3.8% | 8.39 | |