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Torrid Holdings CURV Operating margin

Operating margin at other companies

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-6.6%-0.7pp
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Citi TrendsCTRN
1.3%+0.7pp
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-2.8%+6.3pp
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-1.1%-0.5pp
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3.9%+1.1pp
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Academy Sports and OutdoorsASO
8.4%-0.1pp

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
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

Calculated from Torrid Holdings’s reported figures.

Based on trailing twelve months.

The official record: Torrid Holdings’s 10-Q, filed December 10, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Torrid Holdings's operating margin?
Torrid Holdings (CURV) reported operating margin of 2.9% in Q3 2025.
How has Torrid Holdings's operating margin changed year-over-year?
Torrid Holdings's operating margin decreased by 44.3% year-over-year, from 5.2% to 2.9%.
What is the long-term trend for Torrid Holdings's operating margin?
Over 4 years (2020 to 2024), Torrid Holdings's operating margin has grown at a -2.7% compound annual growth rate (CAGR), from 5.8% to 5.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.