Qvc Group Inc Financials

QVCG

FY2025 annual

Revenue $8.3B -7.8% YoY

Net Income -$2.2B -102.8% YoY

EPS (Diluted) Not reported for FY2025

Free Cash Flow $287.0M -20.7% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Qvc Group Inc (QVCG) reported $8.3B in revenue for fiscal year 2025, down 7.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Health Score 32/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Qvc Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Qvc Group Inc has an operating margin of -24.3%, meaning the company loses $24 on every $100 of revenue. This results in a profitability score of 20/100. This is down from -8.6% the prior year.

Growth

Qvc Group Inc's revenue declined 7.8% year-over-year, from $9.0B to $8.3B. This contraction results in a growth score of 15/100.

Leverage

Qvc Group Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Qvc Group Inc's current ratio of 0.55 is below the typical benchmark, resulting in a score of 6/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Qvc Group Inc has a free cash flow margin of 3.5%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Qvc Group Inc posts a -181.4% return on equity (ROE), meaning it loses $181 for every $100 of shareholders' equity. This results in a returns score of 11/100. This is down from -32.5% the prior year.

Piotroski F-Score Neutral

5/9

Qvc Group Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

Qvc Group Inc reported a net loss of $2.2B while generating $419.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Qvc Group Inc reported an operating loss of $2.0B against $286.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$8.3B

YoY-7.8%

5Y CAGR-6.3%

10Y CAGR-0.5%

Qvc Group Inc generated $8.3B in revenue in fiscal year 2025. This represents a decrease of 7.8% from the prior year.

EBITDA

-$1.6B

YoY-293.3%

Qvc Group Inc's EBITDA was -$1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 293.3% from the prior year.

Net Income

-$2.2B

YoY-102.8%

Qvc Group Inc reported -$2.2B in net income in fiscal year 2025. This represents a decrease of 102.8% from the prior year.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$287.0M

YoY-20.7%

5Y CAGR-32.3%

Qvc Group Inc generated $287.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 20.7% from the prior year.

Cash & Debt

$1.5B

YoY+403.7%

5Y CAGR+17.0%

10Y CAGR+16.4%

Qvc Group Inc held $1.5B in cash against $1.0M in long-term debt as of fiscal year 2025, with $6.5B of liabilities due within a year.

Shares Outstanding

YoY0.0%

5Y CAGR0.0%

10Y CAGR0.0%

Qvc Group Inc had 1 shares outstanding in fiscal year 2025. That is unchanged from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin

33.6%

YoY-0.8pp

5Y CAGR-1.7pp

10Y CAGR-3.2pp

Qvc Group Inc's gross margin was 33.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the prior year.

Operating Margin

-24.3%

YoY-15.8pp

5Y CAGR-38.0pp

10Y CAGR-38.9pp

Qvc Group Inc's operating margin was -24.3% in fiscal year 2025, reflecting core business profitability. This is down 15.8 percentage points from the prior year.

Net Margin

-26.1%

YoY-14.3pp

5Y CAGR-33.5pp

10Y CAGR-33.3pp

Qvc Group Inc's net profit margin was -26.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 14.3 percentage points from the prior year.

Return on Equity

-181.4%

YoY-149.0pp

5Y CAGR-192.0pp

10Y CAGR-197.0pp

Qvc Group Inc's ROE was -181.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 149.0 percentage points from the prior year.

Capital Allocation

Capital Expenditures

$132.0M

YoY-23.7%

5Y CAGR-9.5%

Qvc Group Inc invested $132.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 23.7% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Share Buybacks

Not reported for fiscal year 2025.

QVCG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

QVCG quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$7.9B	$8.3B-7.8%	$9.0B-4.8%	$9.4B-4.4%	$9.9B-12.9%	$11.4B-1.0%	$11.5B+4.4%	$11.0B-2.6%	$11.3B+28.6%	$8.8B+1.0%	$8.7B-0.7%	$8.7B-0.7%	$8.8B+2.1%	$8.6B+1.3%	$8.5B+3.0%	$8.3B
Cost of Revenue	$5.3B	$5.5B-6.8%	$5.9B-5.9%	$6.3B-8.4%	$6.8B-7.1%	$7.4B-0.7%	$7.4B+3.8%	$7.1B-1.4%	$7.2B+29.5%	$5.6B+1.0%	$5.5B+0.2%	$5.5B-0.3%	$5.5B+1.5%	$5.5B+0.8%	$5.4B+2.7%	$5.3B
Gross Profit	$2.6B	$2.8B-9.8%	$3.1B-2.6%	$3.2B+1.3%	$3.1B-21.3%	$4.0B-1.7%	$4.1B+5.6%	$3.8B-4.9%	$4.0B+27.1%	$3.2B+1.0%	$3.1B-2.3%	$3.2B-1.2%	$3.3B+3.0%	$3.2B+2.0%	$3.1B+3.6%	$3.0B
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$744.0M+2.2%	$728.0M-2.3%	$745.0M-3.2%	$770.0M+3.4%	$745.0M+26.7%	$588.0M+9.9%	$535.0M
Operating Income	$344.0M	-$2.0B-161.9%	-$770.0M-219.4%	$645.0M+146.1%	-$1.4B-192.8%	$1.5B-3.8%	$1.6B+18.1%	$1.3B-12.2%	$1.5B+15.5%	$1.3B+8.8%	$1.2B-5.6%	$1.3B-0.3%	$1.3B+2.7%	$1.2B-1.8%	$1.3B+11.5%	$1.1B
Interest Expense	$247.0M	$286.0M+7.1%	$267.0M+8.1%	$247.0M+208.3%	-$228.0M+8.4%	-$249.0M+3.1%	-$257.0M-7.1%	-$240.0M+1.2%	-$243.0M-13.6%	-$214.0M-1.9%	-$210.0M-1.0%	-$208.0M+13.0%	-$239.0M-211.7%	$214.0M-8.2%	$233.0M+1.7%	$229.0M
Income Tax	$65.0M	-$153.0M-5200.0%	$3.0M-98.5%	$205.0M-6.8%	$220.0M-46.1%	$408.0M+18.3%	$345.0M+31.7%	$262.0M-21.6%	$334.0M+140.3%	$139.0M-63.9%	$385.0M-1.0%	$389.0M+9.9%	$354.0M+0.3%	$353.0M-10.4%	$394.0M+15.2%	$342.0M
Net Income	-$17.0M	-$2.2B-102.8%	-$1.1B-772.3%	$159.0M+108.5%	-$1.9B-337.2%	$787.0M-6.8%	$844.0M+10.0%	$767.0M-13.0%	$882.0M-2.1%	$901.0M+49.2%	$604.0M-3.8%	$628.0M+5.7%	$594.0M+1.0%	$588.0M-5.8%	$624.0M+11.4%	$560.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$1.8B-0.2%	$1.8B-27.0%	$2.4B+22.2%	$2.0B-0.1%	$2.0B+4.1%	$1.9B-28.4%	$2.7B+27.2%	$2.1B
Cost of Revenue	$1.2B-1.4%	$1.2B-27.9%	$1.6B+24.2%	$1.3B+2.8%	$1.3B+0.8%	$1.3B-29.1%	$1.8B+31.2%	$1.4B
Gross Profit	$601.0M+2.0%	$589.0M-25.1%	$786.0M+18.2%	$665.0M-5.4%	$703.0M+10.9%	$634.0M-27.0%	$868.0M+19.6%	$726.0M
Operating Income	$62.0M+10.7%	$56.0M-58.5%	$135.0M+48.4%	$91.0M+104.0%	-$2.3B-7934.5%	$29.0M+102.3%	-$1.3B-864.6%	$164.0M
Interest Expense	$15.0M-80.3%	$76.0M-65.8%	$222.0M+436.4%	-$66.0M-200.0%	$66.0M+3.1%	$64.0M-86.0%	$458.0M+838.7%	-$62.0M
Income Tax	$18.0M+125.0%	$8.0M-66.7%	$24.0M+60.0%	$15.0M+107.9%	-$190.0M-9400.0%	-$2.0M+97.7%	-$87.0M-422.2%	$27.0M
Net Income	-$31.0M-24.0%	-$25.0M-167.6%	$37.0M+1750.0%	$2.0M+100.1%	-$2.2B-5054.8%	-$42.0M+96.6%	-$1.2B-2500.0%	$51.0M

Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, EPS (Diluted).

QVCG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

QVCG quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$8.5B-14.5%	$9.9B-15.6%	$11.7B-5.5%	$12.4B-23.2%	$16.1B-2.5%	$16.6B+10.9%	$14.9B+0.5%	$14.9B+3.8%	$14.3B+24.0%	$11.5B-4.3%	$12.1B-1.4%	$12.2B-6.4%	$13.1B-2.8%	$13.4B	N/A
Current Assets	$3.6B+42.3%	$2.5B-5.1%	$2.6B-9.3%	$2.9B-21.4%	$3.7B-0.1%	$3.7B-2.0%	$3.8B-1.4%	$3.8B+18.1%	$3.2B+28.0%	$2.5B-5.3%	$2.7B+7.7%	$2.5B-8.6%	$2.7B0.0%	$2.7B	N/A
Cash & Equivalents	$1.5B+403.7%	$297.0M-3.3%	$307.0M-14.0%	$357.0M-30.0%	$510.0M-25.2%	$682.0M+21.6%	$561.0M+3.3%	$543.0M+92.6%	$282.0M-0.7%	$284.0M-13.1%	$327.0M-5.8%	$347.0M0.0%	$347.0M-35.7%	$540.0M-3.6%	$560.0M
Inventory	$832.0M-7.7%	$901.0M+4.8%	$860.0M-16.9%	$1.0B-23.6%	$1.4B+21.1%	$1.1B-7.8%	$1.2B-5.2%	$1.3B+6.3%	$1.2B+26.7%	$950.0M+2.3%	$929.0M+5.3%	$882.0M-5.3%	$931.0M+2.4%	$909.0M	N/A
Accounts Receivable	$1.0B-10.4%	$1.1B-12.4%	$1.3B-4.9%	$1.4B-17.2%	$1.6B+2.7%	$1.6B-11.6%	$1.8B+1.5%	$1.8B+6.4%	$1.7B+34.8%	$1.2B-9.1%	$1.4B+14.5%	$1.2B+7.7%	$1.1B+5.3%	$1.1B	N/A
Goodwill	$800.0M-63.7%	$2.2B-30.1%	$3.2B-9.2%	$3.5B-41.9%	$6.0B-1.1%	$6.0B+1.1%	$6.0B0.0%	$6.0B-0.1%	$6.0B+19.7%	$5.0B-0.8%	$5.0B-1.1%	$5.1B-2.0%	$5.2B-0.7%	$5.2B-0.1%	$5.2B
Total Liabilities	$7.2B+10.2%	$6.5B-11.7%	$7.4B-5.7%	$7.8B-7.0%	$8.4B0.0%	$8.4B+3.7%	$8.1B+1.2%	$8.0B-5.8%	$8.5B+11.4%	$7.7B-3.7%	$7.9B+10.6%	$7.2B+6.9%	$6.7B+1.7%	$6.6B	N/A
Current Liabilities	$6.5B+189.6%	$2.2B-0.8%	$2.3B+11.7%	$2.0B-18.4%	$2.5B-13.0%	$2.8B+43.7%	$2.0B-19.5%	$2.5B+20.8%	$2.0B+39.1%	$1.5B-5.1%	$1.5B+1.1%	$1.5B+3.8%	$1.5B-4.3%	$1.5B	N/A
Long-Term Debt	$1.0M-100.0%	$3.3B-15.3%	$3.9B-17.2%	$4.7B-6.0%	$5.0B+10.4%	$4.5B-10.8%	$5.1B+8.6%	$4.7B-16.6%	$5.6B+6.8%	$5.3B-2.2%	$5.4B+17.8%	$4.6B+20.5%	$3.8B+9.7%	$3.5B	N/A
Total Equity	$1.2B-63.7%	$3.3B-22.5%	$4.3B-5.1%	$4.5B-41.1%	$7.6B-5.0%	$8.0B+19.9%	$6.7B-0.5%	$6.7B+18.0%	$5.7B+49.8%	$3.8B-5.6%	$4.0B-18.7%	$4.9B-20.6%	$6.2B-7.0%	$6.7B-16.6%	$8.0B
Retained Earnings	-$9.7B-29.3%	-$7.5B-18.5%	-$6.4B-4.6%	-$6.1B-106.7%	-$2.9B-8.1%	-$2.7B-13.9%	-$2.4B-5.3%	-$2.3B+18.9%	-$2.8B+1.2%	-$2.8B-6.1%	-$2.7B-47.9%	-$1.8B-191.1%	-$620.0M-285.1%	-$161.0M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$6.2B-22.5%	$8.0B-5.5%	$8.5B+1.5%	$8.3B+12.9%	$7.4B-23.8%	$9.7B-2.2%	$9.9B0.0%	$9.9B
Current Assets	$3.1B-1.2%	$3.2B-10.7%	$3.6B+6.0%	$3.4B+44.7%	$2.3B+2.2%	$2.3B-9.2%	$2.5B+2.8%	$2.4B
Cash & Equivalents	$1.5B+6.7%	$1.4B-5.3%	$1.5B+8.9%	$1.4B+281.7%	$360.0M+14.6%	$314.0M+5.7%	$297.0M0.0%	$297.0M
Inventory	$805.0M-6.4%	$860.0M+3.4%	$832.0M-18.3%	$1.0B+0.6%	$1.0B+1.1%	$1.0B+11.1%	$901.0M-19.0%	$1.1B
Accounts Receivable	$669.0M-10.8%	$750.0M-26.2%	$1.0B+22.6%	$829.0M+1.0%	$821.0M-1.3%	$832.0M-26.6%	$1.1B+30.0%	$872.0M
Goodwill	$777.0M-0.6%	$782.0M-2.3%	$800.0M-1.0%	$808.0M-1.1%	$817.0M-63.4%	$2.2B+1.2%	$2.2B-30.3%	$3.2B
Total Liabilities	$6.8B-0.2%	$6.8B-5.7%	$7.2B+1.6%	$7.1B+15.7%	$6.1B-3.6%	$6.3B-2.8%	$6.5B-2.8%	$6.7B
Current Liabilities	$979.0M-83.9%	$6.1B-5.9%	$6.5B+389.1%	$1.3B-0.3%	$1.3B-5.3%	$1.4B-37.3%	$2.2B+2.0%	$2.2B
Long-Term Debt	$0-100.0%	$1.0M0.0%	$1.0M-100.0%	$5.0B+24.1%	$4.0B+2.0%	$4.0B+19.8%	$3.3B-2.5%	$3.4B
Total Equity	-$645.0M-156.6%	$1.1B-4.7%	$1.2B+2.2%	$1.2B-1.2%	$1.2B-63.7%	$3.3B-1.1%	$3.3B-28.9%	$4.6B
Retained Earnings	-$9.8B-0.3%	-$9.8B-0.3%	-$9.7B+0.4%	-$9.8B0.0%	-$9.8B-28.4%	-$7.6B-1.1%	-$7.5B-19.7%	-$6.3B

QVCG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

QVCG quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$377.0M	$419.0M-21.7%	$535.0M-51.1%	$1.1B+167.5%	$409.0M-65.0%	$1.2B-47.7%	$2.2B+69.0%	$1.3B+14.4%	$1.2B-3.8%	$1.2B+2.0%	$1.2B+14.6%	$1.0B-16.4%	$1.2B+26.3%	$973.0M-19.3%	$1.2B+47.4%	$818.0M
Capital Expenditures	N/A	$132.0M-23.7%	$173.0M-4.9%	$182.0M-15.7%	$216.0M+2.9%	$210.0M-3.7%	$218.0M-25.1%	$291.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	$287.0M-20.7%	$362.0M-60.3%	$912.0M+372.5%	$193.0M-79.9%	$959.0M-52.4%	$2.0B+95.5%	$1.0B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$130.0M	-$221.0M-7.3%	-$206.0M-338.3%	-$47.0M-107.4%	$638.0M+350.2%	-$255.0M+8.6%	-$279.0M+31.4%	-$407.0M+1.5%	-$413.0M-128.2%	-$181.0M+18.1%	-$221.0M+22.5%	-$285.0M-35.1%	-$211.0M+21.9%	-$270.0M+21.5%	-$344.0M-34.4%	-$256.0M
Financing Cash Flow	$926.0M	$1.0B+419.9%	-$321.0M+70.5%	-$1.1B+6.6%	-$1.2B-10.2%	-$1.1B+43.0%	-$1.9B-107.4%	-$894.0M-84.3%	-$485.0M+53.3%	-$1.0B-5.8%	-$981.0M-29.1%	-$760.0M+29.8%	-$1.1B-41.8%	-$763.0M+11.5%	-$862.0M-37.5%	-$627.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$879.0M+139.5%	$367.0M-57.6%	$866.0M+23.2%	$703.0M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$154.0M+257.1%	-$98.0M-140.0%	$245.0M+222.4%	$76.0M+46.2%	$52.0M+13.0%	$46.0M-75.7%	$189.0M+92.9%	$98.0M
Investing Cash Flow	-$42.0M-68.0%	-$25.0M+24.2%	-$33.0M-10.0%	-$30.0M+64.3%	-$84.0M-13.5%	-$74.0M-7.2%	-$69.0M-50.0%	-$46.0M
Financing Cash Flow	-$13.0M-30.0%	-$10.0M+58.3%	-$24.0M-102.5%	$973.0M+1444.4%	$63.0M+320.0%	$15.0M+114.7%	-$102.0M-12.1%	-$91.0M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

QVCG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

QVCG quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	33.6%-0.8pp	34.4%+0.8pp	33.6%+1.9pp	31.7%-3.4pp	35.1%-0.2pp	35.3%+0.4pp	34.9%-0.8pp	35.8%-0.4pp	36.2%0.0pp	36.2%-0.6pp	36.8%-0.2pp	37.0%+0.3pp	36.6%+0.3pp	36.4%+0.2pp	36.2%
Operating Margin	-24.3%-15.8pp	-8.6%-15.4pp	6.8%+21.0pp	-14.1%-27.4pp	13.3%-0.4pp	13.7%+1.6pp	12.1%-1.3pp	13.4%-1.5pp	14.9%+1.1pp	13.9%-0.7pp	14.6%+0.1pp	14.5%+0.1pp	14.4%-0.5pp	14.9%+1.1pp	13.8%
Net Margin	-26.1%-14.3pp	-11.9%-13.6pp	1.7%+20.6pp	-18.9%-25.8pp	6.9%-0.4pp	7.4%+0.4pp	7.0%-0.8pp	7.8%-2.4pp	10.3%+3.3pp	7.0%-0.2pp	7.2%+0.4pp	6.8%-0.1pp	6.8%-0.5pp	7.3%+0.6pp	6.8%
Return on Equity	-181.4%-149.0pp	-32.5%-36.2pp	3.7%+45.4pp	-41.7%-52.1pp	10.4%-0.2pp	10.5%-0.9pp	11.5%-1.6pp	13.1%-2.7pp	15.8%-0.1pp	15.9%+0.3pp	15.6%+3.6pp	12.0%+2.6pp	9.4%+0.1pp	9.3%+2.3pp	7.0%
Return on Assets	-25.6%-14.8pp	-10.8%-12.2pp	1.4%+16.4pp	-15.0%-19.9pp	4.9%-0.2pp	5.1%0.0pp	5.1%-0.8pp	5.9%-0.3pp	6.3%+1.1pp	5.2%0.0pp	5.2%+0.4pp	4.9%+0.4pp	4.5%-0.1pp	4.6%	N/A
Current Ratio	0.55-0.6x	1.12-0.1x	1.17-0.3x	1.44-0.1x	1.50+0.2x	1.30-0.6x	1.91+0.4x	1.560.0x	1.60-0.1x	1.740.0x	1.74+0.1x	1.63-0.2x	1.86+0.1x	1.78	N/A
Debt-to-Equity	0.00-1.0x	1.01+0.1x	0.92-0.1x	1.05+0.4x	0.66+0.1x	0.57-0.2x	0.76+0.1x	0.70-0.3x	0.99-0.4x	1.390.0x	1.34+0.4x	0.93+0.3x	0.61+0.1x	0.52	N/A
FCF Margin	3.5%-0.6pp	4.0%-5.6pp	9.7%+7.7pp	1.9%-6.5pp	8.5%-9.1pp	17.6%+8.2pp	9.4%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	34.1%+0.8pp	33.3%+0.9pp	32.5%-1.1pp	33.6%-1.9pp	35.4%+2.2pp	33.3%+0.7pp	32.6%-2.1pp	34.7%
Operating Margin	3.5%+0.3pp	3.2%-2.4pp	5.6%+1.0pp	4.6%	-114.5%	1.5%+48.7pp	-47.1%-55.0pp	7.8%
Net Margin	-1.8%-0.4pp	-1.4%-2.9pp	1.5%+1.4pp	0.1%	-109.1%	-2.2%+43.8pp	-46.0%-48.5pp	2.4%
Return on Equity	N/A	-2.2%-5.3pp	3.1%+2.9pp	0.2%+183.2pp	-183.0%-181.7pp	-1.3%+35.9pp	-37.2%-38.3pp	1.1%
Return on Assets	-0.5%-0.2pp	-0.3%-0.8pp	0.4%+0.4pp	0.0%+29.4pp	-29.4%-28.9pp	-0.4%+11.9pp	-12.4%-12.9pp	0.5%
Current Ratio	3.21+2.7x	0.520.0x	0.55-2.0x	2.54+0.8x	1.75+0.1x	1.62+0.5x	1.120.0x	1.11
Debt-to-Equity	N/A	0.000.0x	0.00-4.3x	4.30+0.9x	3.42+2.2x	1.22+0.2x	1.01+0.3x	0.73

Not reported in any period shown, so not listed: FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: The current ratio is below 1.0 (0.55), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where Qvc Group Inc Ranks

Frequently Asked Questions

What is Qvc Group Inc's annual revenue?

Qvc Group Inc (QVCG) reported $8.3B in total revenue for fiscal year 2025. This represents a -7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Qvc Group Inc's revenue growing?

Qvc Group Inc (QVCG) revenue declined by 7.8% year-over-year, from $9.0B to $8.3B in fiscal year 2025.

Is Qvc Group Inc profitable?

No, Qvc Group Inc (QVCG) reported a net income of -$2.2B in fiscal year 2025, with a net profit margin of -26.1%.

What is Qvc Group Inc's EBITDA?

Qvc Group Inc (QVCG) had EBITDA of -$1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Qvc Group Inc have?

As of fiscal year 2025, Qvc Group Inc (QVCG) had $1.5B in cash and equivalents against $1.0M in long-term debt.

What is Qvc Group Inc's gross margin?

Qvc Group Inc (QVCG) had a gross margin of 33.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Qvc Group Inc's operating margin?

Qvc Group Inc (QVCG) had an operating margin of -24.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Qvc Group Inc's net profit margin?

Qvc Group Inc (QVCG) had a net profit margin of -26.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Qvc Group Inc's return on equity (ROE)?

Qvc Group Inc (QVCG) has a return on equity of -181.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Qvc Group Inc's free cash flow?

Qvc Group Inc (QVCG) generated $287.0M in free cash flow during fiscal year 2025. This represents a -20.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Qvc Group Inc's operating cash flow?

Qvc Group Inc (QVCG) generated $419.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Qvc Group Inc's total assets?

Qvc Group Inc (QVCG) had $8.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Qvc Group Inc's capital expenditures?

Qvc Group Inc (QVCG) invested $132.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Qvc Group Inc have outstanding?

Qvc Group Inc (QVCG) had 1 shares outstanding as of fiscal year 2025.

What is Qvc Group Inc's current ratio?

Qvc Group Inc (QVCG) had a current ratio of 0.55 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Qvc Group Inc's debt-to-equity ratio?

Qvc Group Inc (QVCG) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Qvc Group Inc's return on assets (ROA)?

Qvc Group Inc (QVCG) had a return on assets of -25.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Qvc Group Inc's Piotroski F-Score?

Qvc Group Inc (QVCG) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Qvc Group Inc's earnings high quality?

Qvc Group Inc (QVCG) reported a net loss of $2.2B while generating $419.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Qvc Group Inc cover its interest payments?

Qvc Group Inc (QVCG) reported an operating loss of $2.0B against $286.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Qvc Group Inc?

Qvc Group Inc (QVCG) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.