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Torrid Holdings CURV Deferred PLCC Funds — Contract with customer, liability, noncurrent

Other product segments

Deferred revenue
$200K-33.3%

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Other financials

Income statement

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Revenue$245.8M-7.6%
Gross profit$86.8M-14.4%
Operating income$8.6M-46.6%
Net income$414.0K-93.0%
EPS (diluted)$0.00-100%

Balance sheet

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Cash & equivalents$23.3M-3.4%
Total debt$392.3M-12.5%
Total equity-$211.9M-15.3%
Total assets$402.5M-10.8%

Cash flow

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Operating cash flow$11.2M+162%
CapEx$5.5M+115%
Free cash flow$5.7M+128%

Valuation

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Market cap$175.16M-45.9%
Enterprise value$544.21M-27.3%
P/S0.2×-0.1×

Profitability

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Gross margin34%-2.6pp
Operating margin2.9%-2.3pp
Net margin-1.3%
FCF margin2.5%-1.5pp

Returns & leverage

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Return on equity6.4%
Debt / equity-1.9×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Torrid Holdings in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Torrid Holdings’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Torrid Holdings's deferred PLCC funds — contract with customer, liability, noncurrent?
Torrid Holdings (CURV) reported deferred PLCC funds — contract with customer, liability, noncurrent of $2.3M in Q1 2026.
How has Torrid Holdings's deferred PLCC funds — contract with customer, liability, noncurrent changed year-over-year?
Torrid Holdings's deferred PLCC funds — contract with customer, liability, noncurrent decreased by 17.9% year-over-year, from $2.8M to $2.3M.
What does deferred PLCC funds — contract with customer, liability, noncurrent mean?
This represents the long-term portion of deferred revenue or contract liabilities related to private label credit card (PLCC) programs that will be recognized beyond the next fiscal year. It captures the extended nature of customer loyalty or financing program obligations that remain on the balance sheet as a liability. Monitoring this helps investors understand the long-term financial commitments and future revenue recognition potential tied to credit card partnerships.