Filing Flows › Torrid Holdings (CURV) › Q4 FY25
Torrid Holdings (CURV) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Apr 1, 2025
Torrid Holdings (CURV) reported revenue of $276M for the fourth quarter fiscal 2025 (Q4 FY25), -6% from a year earlier and +4% from the quarter before. Operating margin was 1.3%, net loss $3.0M (1.1% of revenue).
Torrid Holdings, Q4 FY25: revenue $276M (-6% year over year), operating margin 1.3%, net loss $3.0M, operating cash flow $12.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $276M | +4% | -6% |
| Operating profit | $3.5M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | $12.0M | — | +33% |
| Free cash flow | $10.2M | — | — |
What changed
Revenue was $275.6M in Q4 FY25, down 6% year over year and up 4% from the previous quarter. Apparel was the largest line at 89% of revenue.
Gross margin was 33.6%, down 0.8 points from a year earlier. Operating profit was $3.5M, a 1.3% margin (down 0.1 points year over year). Operating expenses fell 8% while revenue fell 6%. The quarter ended with a net loss of $3.0M, wider than the previous quarter's $1.2M loss. Net interest and other expense of $8.7M was the main reason.
Operating cash flow was $12.0M (up 33% year over year). Non-cash charges added back $9.4M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $1.8M left free cash flow of $10.2M.
Questions
What was Torrid Holdings' revenue in the fourth quarter fiscal 2025?
Torrid Holdings (CURV) reported revenue of $276M for the fourth quarter fiscal 2025 (Q4 FY25), -6% from a year earlier and +4% from the quarter before.
Was Torrid Holdings profitable in the fourth quarter fiscal 2025?
Operating profit was $3.5M (1.3% of revenue) and net loss $3.0M.
Source: Torrid Holdings 10-K on SEC EDGAR.