Torrid Holdings Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash and cash equivalents $123.0m $29.0m $13.6m $11.7m $48.5m $20.0m
Inventory $105.8m $170.6m $180.1m $142.2m $148.5m $136.5m
Prepaid expenses and other current assets $12.7m $14.7m $20.1m $22.2m $24.5m $24.6m
Prepaid income taxes $417k $6.3m $2.1m $2.6m $4.2m $12.0m
Total current assets $242.1m $220.9m $216.1m $179.1m $226.2m $193.5m
Property and equipment, net $143.3m $127.6m $113.6m $103.5m $77.7m $51.6m
Intangible asset $8.4m $8.4m $8.4m $8.4m $8.4m $8.4m
Operating lease right-of-use assets $244.7m $209.6m $177.2m $162.4m $140.7m $108.2m
Deposits and other noncurrent assets $3.6m $7.1m $8.7m $14.8m $18.9m $19.6m
Restricted cash $262k $262k $366k $399k $399k $421k
Deferred tax assets $6.1m $4.9m $3.3m $8.7m $16.6m $19.1m
Accrued and other current liabilities $110.4m $138.7m $108.8m $107.8m $125.7m $106.4m
Operating lease liabilities $51.0m $45.7m $45.0m $42.8m $40.5m $32.2m
Borrowings under credit facility $0 $8.4m $7.3m $0 $31.0m
Current portion of term loan $11.5m $20.5m $16.1m $16.1m $16.1m $16.1m
Due to related parties $8.1m $14.6m $12.7m $9.3m $8.4m $6.3m
Income taxes payable $9.3m $0 $0 $2.7m $0 $122k
Noncurrent operating lease liabilities $246.5m $207.0m $172.1m $155.8m $134.5m $100.9m
Noncurrent debt, net $193.4m $320.8m $304.7m $288.6m $272.4m $256.3m
Deferred compensation $6.5m $6.9m $4.2m $5.5m $3.9m $4.0m
Preferred shares: $0.01 par value; 5,000,000 shares authorized; no shares issued and outstanding at January 31, 2026 and February 1, 2025 0 0 0
Common shares: $0.01 par value; 1,000,000,000 shares authorized; 105,344,216 and 99,313,308 shares issued and outstanding, respectively, at January 31, 2026; 104,859,266 shares issued and outstanding at February 1, 2025 1.1m 1.1m 1.0m 1.0m 1.0m 1.1m
Common shares in treasury, at cost: 6,030,908 shares at January 31, 2026; no shares at February 1, 2025 $0 ($20.3m)
Total stockholders’ deficit ($63.2m) ($258.3m) ($230.2m) ($211.7m) ($191.1m) ($213.4m)
Total assets $648.2m $578.5m $527.3m $476.9m $488.4m $400.3m
Total liabilities and stockholders’ deficit $648.2m $578.5m $527.3m $476.9m $488.4m $400.3m
Accounts payable $70.9m $77.4m $76.2m $46.2m $72.4m $56.8m
Total current liabilities $261.1m $297.0m $267.3m $232.1m $263.1m $248.9m
Other noncurrent liabilities $3.9m $5.0m $9.1m $6.7m $5.6m $3.6m
Total liabilities $711.4m $836.8m $757.5m $688.7m $679.5m $613.7m
Additional paid-in capital $10.3m $118.3m $128.2m $135.1m $140.0m $144.7m
Accumulated deficit ($74.6m) ($377.8m) ($359.2m) ($347.6m) ($331.3m) ($338.3m)
Accumulated other comprehensive loss ($8k) $76k ($261k) ($313k) ($898k) ($606k)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.