Filing Flows › Torrid Holdings (CURV) › Q2 FY26
Torrid Holdings (CURV) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 11, 2025
Torrid Holdings (CURV) reported revenue of $263M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and -1% from the quarter before. Operating margin was 3.9%, net earnings $1.6M (0.6% of revenue).
Torrid Holdings, Q2 FY26: revenue $263M (-8% year over year), operating margin 3.9%, net earnings $1.6M, operating cash flow $15.7M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $263M | -1% | -8% |
| Gross profit | $93.5M | -8% | -15% |
| Operating profit | $10.2M | -37% | -50% |
| Net earnings | $1.6M | -74% | -81% |
| Operating cash flow | $15.7M | — | -61% |
| Free cash flow | $14.6M | — | -61% |
What changed
Revenue was $262.8M in Q2 FY26, down 8% year over year and down 1% from the previous quarter. Apparel was the largest line at 92% of revenue. Apparel lost $18.4M year over year (down 7%), 84% of the total change.
Gross margin was 35.6%, down 3.2 points from a year earlier. Operating profit was $10.2M, a 3.9% margin (down 3.3 points year over year). Operating expenses fell 7% while revenue fell 8%. Net earnings were $1.6M, down 81% year over year. The effective tax rate was 23.7%.
Operating cash flow was $15.7M (down 61% year over year), 1005% of net earnings. Non-cash charges added back $9.8M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $1.1M left free cash flow of $14.6M.
Questions
What was Torrid Holdings' revenue in the second quarter fiscal 2026?
Torrid Holdings (CURV) reported revenue of $263M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and -1% from the quarter before.
Was Torrid Holdings profitable in the second quarter fiscal 2026?
Operating profit was $10.2M (3.9% of revenue) and net earnings $1.6M.
Source: Torrid Holdings 10-Q on SEC EDGAR.