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Torrid Holdings CURV Gift cards — Revenue recognized

Other product segments

Loyalty Program
$4.8M-22.6%
Deferred revenue
$2.3M-17.9%
Deferred PLCC Funds
$100K0.0%

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NGVCGift Cards — Contract With Customer Liability Revenue Recognized
$100K0.0%

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:ContractWithCustomerLiabilityRevenueRecognized.

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 gift cards — revenue recognized?
Torrid Holdings (CURV) reported gift cards — revenue recognized of $2.2M in Q1 2026.
How has Torrid Holdings's gift cards — revenue recognized changed year-over-year?
Torrid Holdings's gift cards — revenue recognized decreased by 31.3% year-over-year, from $3.2M to $2.2M.
What is the long-term trend for Torrid Holdings's gift cards — revenue recognized?
Over 3 years (2021 to 2025), Torrid Holdings's gift cards — revenue recognized has grown at a 0.0% compound annual growth rate (CAGR), from $5.2M to $5.2M.
What does gift cards — revenue recognized mean?
This metric measures the total revenue recognized during the period from the redemption of gift cards by customers. It signifies the conversion of deferred liability into actual sales as customers utilize their prepaid balances for purchases. This serves as a key indicator of customer activity and the realization of previously deferred income.