Torrid Holdings Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $1.10B | $1.15B | $1.29B | $1.30B | $984.2M | $1.04B |
| Cost of Revenue | $652.1M | $690.3M | $746.0M | $828.6M | $759.8M | $643.2M | $640.9M |
| Gross Profit | $348.0M | $413.5M | $406.0M | $459.5M | $537.4M | $341.0M | $396.1M |
| Gross Margin | 34.8% | 37.5% | 35.2% | 35.7% | 41.4% | 34.6% | 38.2% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $269.2M | $302.0M | $293.3M | $298.0M | $439.4M | $232.8M | $253.4M |
| Operating Income | $21.4M | $57.2M | $57.1M | $101.6M | $45.4M | $56.8M | $77.0M |
| Operating Margin | 2.1% | 5.2% | 5.0% | 7.9% | 3.5% | 5.8% | 7.4% |
| Interest Expense | — | — | $39.2M | $29.7M | $29.5M | $21.3M | $16.5M |
| Pretax Income | $-9.6M | $21.6M | $18.0M | $71.7M | $15.8M | $35.5M | $60.7M |
| Income Tax Expense | $-2.5M | $5.3M | $6.4M | $21.5M | $45.8M | $11.0M | $18.8M |
| Net Income | $-7.0M | $16.3M | $11.6M | $50.2M | $-29.9M | $24.5M | $41.9M |
| Net Margin | -0.7% | 1.5% | 1.0% | 3.9% | -2.3% | 2.5% | 4.0% |
| EPS (Basic) | $-0.07 | $0.16 | $0.11 | $0.48 | $-0.27 | $0.22 | $0.38 |
| EPS (Diluted) | $-0.07 | $0.15 | $0.11 | $0.48 | $-0.27 | $0.22 | $0.38 |
| Shares Outstanding (Basic) | 101.4M | 104.6M | 104.0M | 104.3M | 109.9M | 110.0M | 110.0M |
| Shares Outstanding (Diluted) | 101.4M | 105.7M | 104.4M | 104.5M | 109.9M | 110.0M | 110.0M |
| Dividends Per Share | — | — | — | — | — | — | — |