# TORRID HOLDINGS INC. (CURV) · Edgar & Edgarette company card

> Torrid Holdings (CURV) saw revenue fall 9.4% in FY2026 to $1.0 billion, operating margin 2.1% against a 3.2% median for apparel & accessory stores, equity -53.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1792781 · fiscal year ended 2026-01-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CURV) · [JSON](https://www.pops4.com/boards/company/CURV.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.0B |
| Revenue growth, 1 year | -9.4% |
| Revenue growth per year | -6.3% |
| Operating margin | 2.1% (prior year 5.2%) |
| Net margin | -0.7% |
| Operating cash flow | −$13M |
| Capital spending | $9M |
| Free cash flow | −$22M |
| Cash | $20M |
| Long-term debt | $272M |
| Total assets | $400M |
| Total equity | −$213M |
| Equity ÷ assets | -53.3% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -3.67 (distress zone)
- Piotroski F: 2 of 9 (weak)
- Health Harbor boat: Weathered boat · two warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $1.0B (FY2026), total debt $272.4M. Experience: revenue down 9.4% on the year, down 6.3% a year over 4 years; operating margin 2.1%, down from 5.2%. Soundness: equity -53.3% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $731.5M and $1.1B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $633.0M to $1.3B. A statistical range, not company guidance. Against peers (20 filers, $50M+ revenue, its industry group): operating margin 2.1% against a 3.2% median; growth -9.4% against 3.2%.

Range logged 2026-09-27, receipt 36a853feecf35daf, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-10-19 ([filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000042/0001792781-26-000042-index.htm))

## Recent filings

- 8-K · filed 2026-10-19 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000042/0001792781-26-000042-index.htm)
- 10-Q · filed 2026-09-10 · [filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000040/0001792781-26-000040-index.htm)
- 8-K · filed 2026-09-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000036/0001792781-26-000036-index.htm)
- 10-Q · filed 2026-06-11 · [filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000034/0001792781-26-000034-index.htm)
- 8-K · filed 2026-06-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000030/0001792781-26-000030-index.htm)
- 8-K · filed 2026-06-03 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1792781/000179278126000027/0001792781-26-000027-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001792781.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1792781

## Cite

POPS4, Edgar & Edgarette: TORRID HOLDINGS INC. (CURV) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/CURV. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.