CURV (Torrid Holdings) Gross Margin %: 35.32% (As of Apr. 2026) — Near Median


CURV Torrid Holdings Inc CURV
49 GF Score
Price $1.98
GF Value $3.37
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Torrid Holdings Gross Margin %?

Torrid Holdings CURV -4.81% 49 Gross Margin % is 35.32% as of Apr. 2026, which is 1% below its 10-year median of 35.60. GuruFocus rates CURV with a GF Score™ of 49/100 and a GF Value™ of $3.37 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Torrid Holdings ranks worse than 54.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Torrid Holdings's Gross Profit for the three months ended in Apr. 2026 was $86.8 Mil. Torrid Holdings's Revenue for the three months ended in Apr. 2026 was $245.8 Mil. Therefore, Torrid Holdings's Gross Margin % for the quarter that ended in Apr. 2026 was 35.32%.


The historical rank and industry rank for Torrid Holdings's Gross Margin % or its related term are showing as below:

CURV' s Gross Margin % Range Over the Past 10 Years
Min: 34.02   Med: 35.6   Max: 41.43
Current: 34.02


During the past 8 years, the highest Gross Margin % of Torrid Holdings was 41.43%. The lowest was 34.02%. And the median was 35.60%.

CURV's Gross Margin % is ranked worse than
54.63% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.26 vs CURV: 34.02

Torrid Holdings had a gross margin of 35.32% for the quarter that ended in Apr. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Torrid Holdings was -0.80% per year.


Torrid Holdings  (NYSE:CURV) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Torrid Holdings had a gross margin of 35.32% for the quarter that ended in Apr. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Torrid Holdings Gross Margin % Related Terms


Torrid Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Torrid Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Torrid Holdings Gross Margin % Chart

Torrid Holdings Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Gross Margin %
Get a 7-Day Free Trial 41.43 35.67 35.24 37.46 34.79

Torrid Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.13 35.57 34.95 30.02 35.32

CURV vs DLTH, JILL, TLYS: Gross Margin % Comparison

For the Apparel Retail subindustry, Torrid Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Torrid Holdings Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Torrid Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Torrid Holdings's Gross Margin % falls into.


CURV
49GF Score
Torrid Holdings Inc CURV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Torrid Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Torrid Holdings's Gross Margin for the fiscal year that ended in Jan. 2026 is calculated as

Gross Margin % (A: Jan. 2026 )=Gross Profit (A: Jan. 2026 ) / Revenue (A: Jan. 2026 )
=348 / 1000.092
=(Revenue - Cost of Goods Sold) / Revenue
=(1000.092 - 652.13) / 1000.092
=34.79 %

Torrid Holdings's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=86.8 / 245.8
=(Revenue - Cost of Goods Sold) / Revenue
=(245.8 - 158.982) / 245.8
=35.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 35.32% mean?
Torrid Holdings (CURV) has a Gross Margin % of 35.32% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Torrid Holdings and its competitors. This is near median its historical median of 35.60. Over the past decade, Torrid Holdings' Gross Margin % has ranged from 34.02 to 41.43. According to the industry distribution chart, Torrid Holdings ranks #608 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 54.6%.
Is Torrid Holdings' Gross Margin % too high?
Torrid Holdings' current Gross Margin % of 35.32% is near median its 10-year median of 35.60. Over the past 10 years, this metric has ranged from a low of 34.02 to a high of 41.43. The Retail - Cyclical industry median Gross Margin % is 36.26. Torrid Holdings' value of 35.32% is 2.6% below this industry median. Based on the distribution chart, Torrid Holdings ranks #608 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Torrid Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Torrid Holdings' Gross Margin % compare to DLTH and JILL?
According to the Retail - Cyclical industry distribution chart, Torrid Holdings ranks #608 out of 1113 companies for Gross Margin %. This places Torrid Holdings in the lower half of its industry. The industry median Gross Margin % is 36.26. Torrid Holdings' value of 35.32% is 2.6% below this benchmark. Historically, Torrid Holdings' own Gross Margin % has ranged from 34.02 to 41.43 over the past decade. While the company's 10-year median is 35.60 vs. the industry median of 36.26, Torrid Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.26, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Torrid Holdings's current Gross Margin % of 35.32% is 2.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Torrid Holdings and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torrid Holdings's current Gross Margin % is 35.32%, which is near median its own 10-year median of 35.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torrid Holdings stock overvalued right now?
Based on GuruFocus' analysis, Torrid Holdings (CURV) is currently considered Possible Value Trap. The stock's GF Value™ is $3.37, compared to a current price of $1.98 — trading 41.2% below its estimated fair value. The current Gross Margin % is 35.32%, which is near median its 10-year median of 35.60 and 2.6% below the Retail - Cyclical industry median of 36.26. Torrid Holdings' overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Torrid Holdings (CURV), the current Gross Margin % is 35.32% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Torrid Holdings (CURV) Overvalued in 2026?

Based on GuruFocus' analysis, Torrid Holdings stock appears to be undervalued. The current stock price of $1.98 is trading 41.2% below its estimated GF Value™ of $3.37. GuruFocus considers Torrid Holdings to be Possible Value Trap.

Key valuation signals for CURV:

  • Gross Margin %: 35.32% (near median its 10-year median of 35.60)
  • GF Value™: $3.37 vs. price of $1.98 (41.2% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 2.6% below the Retail - Cyclical median (#608 of 1113)

No single metric tells the full story. See the CURV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Torrid Holdings Business Description

Address 18501 East San Jose Avenue, City of Industry, CA, USA, 91748
Torrid Holdings Inc is a direct-to-consumer brand in North America dedicated to offering a diverse assortment of stylish apparel, intimates, and accessories skillfully designed for curvy women. Its extensive collection features high-quality merchandise, including tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories. The company has one reportable segment, which includes the operation of its e-Commerce platform and stores.
49GF Score

Get the complete analysis for CURV

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.98
Price
$3.37
GF Value