Filing Flows › Torrid Holdings (CURV) › Q4 FY26
Torrid Holdings (CURV) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 31, 2026
Torrid Holdings (CURV) reported revenue of $236M for the fourth quarter fiscal 2026 (Q4 FY26), -14% from a year earlier and +0.4% from the quarter before. Operating margin was -2.1%, net loss $8.1M (3.4% of revenue).
Torrid Holdings, Q4 FY26: revenue $236M (-14% year over year), operating margin -2.1%, net loss $8.1M, operating cash flow −$5.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $236M | +0.4% | -14% |
| Operating profit | −$5.0M | -2534% | -245% |
| Net earnings | −$8.1M | — | — |
| Operating cash flow | −$5.9M | — | -149% |
What changed
Revenue was $236.2M in Q4 FY26, down 14% year over year and roughly flat from the previous quarter. Apparel was the largest line at 93% of revenue.
Gross margin was 30.0%, down 3.6 points from Q4 FY25. Operating costs exceeded revenue by $5.0M, an operating margin of -2.1%. Operating expenses fell 15% while revenue fell 14%. The quarter ended with a net loss of $8.1M, wider than the previous quarter's $6.4M loss. Net interest and other expense of $7.2M was the main reason.
Operating cash flow was −$5.9M. Non-cash charges added back $8.3M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $7.3M. Capital expenditures of $3.4M exceeded it, leaving free cash flow of −$9.3M.
Questions
What was Torrid Holdings' revenue in the fourth quarter fiscal 2026?
Torrid Holdings (CURV) reported revenue of $236M for the fourth quarter fiscal 2026 (Q4 FY26), -14% from a year earlier and +0.4% from the quarter before.
Was Torrid Holdings profitable in the fourth quarter fiscal 2026?
Operating loss was $5.0M (-2.1% of revenue) and net loss $8.1M.
Source: Torrid Holdings 10-K on SEC EDGAR.