Filing Flows › Torrid Holdings (CURV) › Q3 FY26
Torrid Holdings (CURV) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 10, 2025
Torrid Holdings (CURV) reported revenue of $235M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and -11% from the quarter before. Operating margin was 0.1%, net loss $6.4M (2.7% of revenue).
Torrid Holdings, Q3 FY26: revenue $235M (-11% year over year), operating margin 0.1%, net loss $6.4M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $235M | -11% | -11% |
| Operating profit | $205K | -98% | — |
| Net earnings | −$6.4M | -510% | — |
| Operating cash flow | −$4.9M | -131% | — |
What changed
Revenue was $235.2M in Q3 FY26, down 11% year over year and down 11% from the previous quarter. Apparel was the largest line at 91% of revenue. Apparel lost $17.2M year over year (down 7%), 60% of the total change.
Gross margin was 34.9%, down 1.1 points from a year earlier. Operating profit was $205K, a 0.1% margin (down 2.6 points year over year). Operating expenses fell 7% while revenue fell 11%. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $6.4M, after a profit of $1.6M the previous quarter. Net interest and other expense of $8.2M was the main reason.
Operating cash flow was −$4.9M. Non-cash charges added back $8.2M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $7.8M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$6.6M.
Questions
What was Torrid Holdings' revenue in the third quarter fiscal 2026?
Torrid Holdings (CURV) reported revenue of $235M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and -11% from the quarter before.
Was Torrid Holdings profitable in the third quarter fiscal 2026?
Operating profit was $205K (0.1% of revenue) and net loss $6.4M.
Source: Torrid Holdings 10-Q on SEC EDGAR.