QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) Financials

QVCGP

Trailing 12 months to March 31, 2026

Revenue $9.1B -7.3% YoY

Net Income -$2.4B -71.8% YoY

EPS (Diluted) -$302.97 FY2025 annual

Free Cash Flow -$13.0M -105.3% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 15, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QVCGP SEC filings page.

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) reported $9.1B in revenue over the twelve months to Mar 31, 2026, down 7.3% from the prior twelve months. 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).

Rhea AI QVCGP FY2025 2026-08-29

Stable gross margins no longer offset operating losses, while shrinking equity and a sub-1.0x current ratio reveal financing pressure.

In the latest period, gross margin remained 34.3% even as operating margin reached -22.7%, showing the deterioration sits below gross profit in operating costs rather than product-level economics. Gross economics held, but the cost structure consumed the contribution before it reached operating profit.

Revenue fell to $9.2B in FY2025, yet selling and administrative expense increased to $1.7B, so the smaller sales base carried a heavier overhead load. Operating cash flow remained positive at $274M, but it was only a fraction of the $2.4B net loss; noncash expenses or working-capital effects cushioned cash flow without restoring profitability.

Equity deteriorated from $385M in FY2023 to -$3.1B in FY2025, leaving no conventional equity cushion and making asset and liability structure more consequential. Meanwhile, the current ratio fell to 0.6x as financing cash flow reached $1.1B, making funding activity more central than internally generated cash.

Financial Health Signals

Financial Health Score 14/100

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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock'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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock has an operating margin of -22.7%, meaning the company loses $23 on every $100 of revenue. This results in a profitability score of 19/100. This is down from -8.1% the prior year.

Growth

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's revenue declined 8.0% year-over-year, from $10.0B to $9.2B. This contraction results in a growth score of 11/100.

Leverage

Liquidity

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's current ratio of 0.63 is below the typical benchmark, resulting in a score of 7/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock has a free cash flow margin of 1.3%, earning a moderate score of 37/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Piotroski F-Score Partial

4/8

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock reported a net loss of $2.4B while generating $274.0M 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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock reported an operating loss of $2.1B against $496.0M 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

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Earnings & Revenue

Revenue

$2.0B

YoY-7.0%

QoQ-26.9%

5Y CAGR-10.1%

10Y CAGR-2.5%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock generated $2.0B in revenue in Q1 2026. This represents a decrease of 7.0% from the same quarter a year earlier. Against the prior quarter it is down 26.9%.

EBITDA

$95.0M

YoY-18.1%

QoQ-49.5%

5Y CAGR-28.3%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's EBITDA was $95.0M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 18.1% from the same quarter a year earlier. Against the prior quarter it is down 49.5%.

Net Income

-$47.0M

YoY+53.0%

QoQ-27.0%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock reported -$47.0M in net income in Q1 2026. This represents an increase of 53.0% from the same quarter a year earlier. Against the prior quarter it is down 27.0%.

EPS (Diluted)

-$5.79

YoY+53.7%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock earned -$5.79 per diluted share (EPS) in Q1 2026. This represents an increase of 53.7% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow

-$225.0M

YoY-139.4%

QoQ-217.8%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock recorded an outflow of $225.0M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 139.4% from the same quarter a year earlier. Against the prior quarter it is down 217.8%.

Cash & Debt

$1.7B

YoY+102.2%

QoQ-14.6%

5Y CAGR+17.9%

10Y CAGR-4.8%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock held $1.7B in cash against $790.0M in long-term debt as of Q1 2026.

Shares Outstanding

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock had 8M shares outstanding in Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

34.2%

YoY0.0pp

QoQ+1.3pp

5Y change0.0pp

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's gross margin was 34.2% in Q1 2026, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Operating Margin

0.8%

YoY+0.1pp

QoQ-3.0pp

5Y change-10.4pp

10Y change-6.8pp

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's operating margin was 0.8% in Q1 2026, reflecting core business profitability. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.0 percentage points.

Net Margin

-2.4%

YoY+2.4pp

QoQ-1.0pp

5Y change-8.6pp

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's net profit margin was -2.4% in Q1 2026, showing the share of revenue converted to profit. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.

Return on Equity

Not reported for Q1 2026.

Capital Allocation

Capital Expenditures

$36.0M

YoY+5.9%

QoQ-32.1%

5Y CAGR-5.2%

10Y CAGR-3.4%

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock invested $36.0M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 5.9% from the same quarter a year earlier. Against the prior quarter it is down 32.1%.

R&D Spending

Not reported for Q1 2026.

Share Buybacks

Not reported for Q1 2026.

QVCGP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

QVCGP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$9.1B	$9.2B-8.0%	$10.0B-8.0%	$10.9B-9.8%	$12.1B-13.8%	$14.0B-0.9%	$14.2B+5.3%	$13.5B-4.3%	$14.1B+35.2%	$10.4B-2.3%	$10.6B+6.6%	$10.0B-4.9%	$10.5B+2.7%	$10.2B+3.3%	$9.9B+2.8%	$9.6B
Cost of Revenue	$6.0B	$6.1B-7.1%	$6.5B-9.8%	$7.2B-14.1%	$8.4B-8.8%	$9.2B-0.6%	$9.3B+4.4%	$8.9B-3.4%	$9.2B+35.6%	$6.8B	N/A	N/A	N/A	$6.6B+3.2%	$6.4B+4.6%	$6.1B
Gross Profit	$3.1B	$3.2B-9.9%	$3.5B-4.7%	$3.7B-2.6%	$3.8B-21.4%	$4.8B-1.5%	$4.9B+7.2%	$4.6B-6.2%	$4.9B+34.5%	$3.6B	N/A	N/A	N/A	$3.6B-1.1%	$3.7B+4.5%	$3.5B
SG&A Expenses	$1.8B	$1.7B+1.6%	$1.7B-8.6%	$1.9B-3.9%	$1.9B+0.8%	$1.9B+2.4%	$1.9B+7.2%	$1.8B-7.3%	$1.9B+59.7%	$1.2B-0.2%	$1.2B+10.4%	$1.1B-10.3%	$1.2B+3.7%	$1.2B+21.4%	$955.0M+10.8%	$862.0M
Operating Income	-$2.1B	-$2.1B-159.3%	-$809.0M-237.1%	$590.0M+128.9%	-$2.0B-287.8%	$1.1B-30.9%	$1.6B+754.3%	$184.0M-86.1%	$1.3B+26.9%	$1.0B+7.7%	$968.0M-13.3%	$1.1B-6.1%	$1.2B+4.6%	$1.1B-2.3%	$1.2B+2.6%	$1.1B
EBITDA	N/A	-$1.7B-299.1%	-$426.0M-142.7%	$997.0M+163.9%	-$1.6B-196.1%	$1.6B-23.9%	$2.1B+170.1%	$790.0M-59.7%	$2.0B+10.9%	$1.8B-4.0%	$1.8B+1.3%	$1.8B-2.0%	$1.9B+5.2%	$1.8B+0.6%	$1.8B-1.1%	$1.8B
Interest Expense	$516.0M	$496.0M+6.0%	$468.0M+3.8%	$451.0M-1.1%	$456.0M-2.6%	$468.0M+14.7%	$408.0M+9.1%	$374.0M-1.8%	$381.0M+7.3%	$355.0M-2.2%	$363.0M+0.8%	$360.0M-7.0%	$387.0M+1.8%	$380.0M-18.5%	$466.0M+9.1%	$427.0M
Income Tax	-$158.0M	-$185.0M-351.2%	-$41.0M-125.6%	$160.0M-28.6%	$224.0M+3.2%	$217.0M+206.9%	-$203.0M+6.5%	-$217.0M-461.7%	$60.0M+106.1%	-$985.0M-411.7%	$316.0M+70.8%	$185.0M-21.9%	$237.0M+29.5%	$183.0M-34.2%	$278.0M-21.0%	$352.0M
Net Income	-$2.4B	-$2.4B-89.1%	-$1.3B-789.7%	-$145.0M+94.4%	-$2.6B-862.9%	$340.0M-71.6%	$1.2B+362.3%	-$456.0M-149.8%	$916.0M-62.5%	$2.4B+97.7%	$1.2B+42.1%	$869.0M+61.8%	$537.0M+7.2%	$501.0M-67.3%	$1.5B+67.8%	$912.0M
EPS (Basic)	N/A	-$302.97-85.9%	-$163.00-781.1%	-$18.50-170.9%	-$6.83-913.1%	$0.84-70.8%	$2.88+366.7%	-$1.08	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	—	-$302.97-85.9%	-$163.00-781.1%	-$18.50	-$6.83-932.9%	$0.82-71.1%	$2.84+363.0%	-$1.08	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	8M+1.7%	8M+2.4%	8M	383M-7.7%	415M-1.4%	421M-0.7%	424M-8.8%	465M+3.8%	448M-6.9%	481M	N/A	N/A	N/A	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$2.0B-7.0%	$2.7B-9.1%	$2.2B-5.6%	$2.2B-7.1%	$2.1B-10.1%	$2.9B-6.3%	$2.3B-5.4%	$2.4B-9.1%
Cost of Revenue	$1.3B-7.1%	$1.8B-8.6%	$1.5B-3.7%	$1.4B-7.2%	$1.4B-8.3%	$2.0B-5.8%	$1.5B-5.4%	$1.5B-11.6%
Gross Profit	$669.0M-7.0%	$881.0M-10.1%	$752.0M-9.1%	$814.0M-7.0%	$719.0M-13.5%	$980.0M-7.5%	$827.0M-5.6%	$875.0M-4.4%
SG&A Expenses	$438.0M+14.4%	$503.0M+5.5%	$428.0M+5.7%	$422.0M+1.0%	$383.0M-6.1%	$477.0M-6.5%	$405.0M-2.4%	$418.0M-10.3%
Operating Income	$15.0M+7.1%	$100.0M+107.9%	$60.0M-60.5%	-$2.3B-1477.0%	$14.0M-90.3%	-$1.3B-1134.0%	$152.0M+0.7%	$165.0M-54.9%
EBITDA	$95.0M-18.1%	$188.0M+116.0%	$163.0M-34.0%	-$2.2B-930.3%	$116.0M-52.5%	-$1.2B-23460.0%	$247.0M-3.5%	$261.0M-44.5%
Interest Expense	$132.0M+17.9%	$133.0M+15.7%	$134.0M+14.5%	$117.0M-1.7%	$112.0M-4.3%	$115.0M0.0%	$117.0M-1.7%	$119.0M-3.3%
Income Tax	$15.0M+225.0%	$12.0M+112.8%	$17.0M+13.3%	-$202.0M-1446.7%	-$12.0M-152.2%	-$94.0M-329.3%	$15.0M-28.6%	$15.0M-77.3%
Net Income	-$47.0M+53.0%	-$37.0M+97.1%	-$80.0M-247.8%	-$2.2B-11210.0%	-$100.0M-9900.0%	-$1.3B-371.1%	-$23.0M-2400.0%	$20.0M-81.3%
EPS (Basic)	-$5.79+53.7%	N/A	-$9.89-16383.3%	-$275.46-10818.3%	-$12.50	N/A	-$0.06	$2.57+817.9%
EPS (Diluted)	-$5.79+53.7%	N/A	-$9.89	-$275.46-10818.3%	-$12.50	N/A	-$0.06	$2.57
Diluted Shares (Avg)	8M+0.9%	N/A	8M	8M+1.6%	8M-98.0%	N/A	8M-98.0%	8M

Not reported in any period shown, so not listed: R&D Expenses.

QVCGP Balance Sheet

QVCGP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$7.6B-17.3%	$9.2B-18.7%	$11.4B-9.6%	$12.6B-22.4%	$16.2B-4.7%	$17.0B-1.8%	$17.3B-3.0%	$17.8B-26.0%	$24.1B+18.5%	$20.4B-3.9%	$21.2B+13.9%	$18.6B-24.6%	$24.7B-6.0%	$26.3B+51.4%	$17.3B
Current Assets	$4.2B+28.0%	$3.3B-10.4%	$3.7B-13.9%	$4.3B-3.9%	$4.4B-2.6%	$4.6B-0.2%	$4.6B+9.3%	$4.2B+0.5%	$4.2B+31.4%	$3.2B-46.1%	$5.9B+5.9%	$5.5B+25.4%	$4.4B-15.8%	$5.3B+68.5%	$3.1B
Cash & Equivalents	$2.0B+117.9%	$905.0M-19.3%	$1.1B-12.1%	$1.3B+117.2%	$587.0M-27.2%	$806.0M+19.8%	$673.0M+3.1%	$653.0M-27.7%	$903.0M+9.5%	$825.0M-66.3%	$2.4B+6.2%	$2.3B+155.7%	$902.0M-60.6%	$2.3B+170.8%	$846.0M
Inventory	$972.0M-8.4%	$1.1B+1.6%	$1.0B-22.4%	$1.3B-17.1%	$1.6B+24.8%	$1.3B-7.9%	$1.4B-4.1%	$1.5B+4.5%	$1.4B+45.8%	$968.0M-3.2%	$1.0B-4.7%	$1.0B-6.6%	$1.1B+1.5%	$1.1B+3.3%	$1.1B
Goodwill	$800.0M-63.9%	$2.2B-29.9%	$3.2B-9.6%	$3.5B-44.8%	$6.3B-4.5%	$6.6B+0.9%	$6.6B-6.3%	$7.0B-0.9%	$7.1B+17.0%	$6.1B-1.0%	$6.1B+13.1%	$5.4B-8.0%	$5.9B-0.6%	$5.9B-1.2%	$6.0B
Total Liabilities	$10.7B+5.3%	$10.1B-6.9%	$10.9B-9.7%	$12.0B-8.9%	$13.2B-0.4%	$13.3B+7.6%	$12.3B+2.0%	$12.1B-13.8%	$14.0B+4.0%	$13.5B-5.7%	$14.3B+11.6%	$12.8B-3.2%	$13.2B-6.8%	$14.2B+32.6%	$10.7B
Current Liabilities	$6.7B+145.0%	$2.7B+4.1%	$2.6B-15.6%	$3.1B-26.6%	$4.2B-10.2%	$4.7B+17.6%	$4.0B+1.3%	$4.0B+14.8%	$3.4B+35.8%	$2.5B-18.3%	$3.1B+12.0%	$2.8B-26.3%	$3.8B-16.3%	$4.5B+25.8%	$3.6B
Non-Current Liabilities	$4.0B-46.2%	$7.4B-10.4%	$8.3B-7.7%	$8.9B-0.5%	$9.0B+5.0%	$8.6B+2.8%	$8.3B+2.3%	$8.1B-23.1%	$10.6B-3.3%	$11.0B-2.2%	$11.2B+11.5%	$10.1B+6.0%	$9.5B-2.4%	$9.7B+36.0%	$7.1B
Long-Term Debt	$790.0M-80.7%	$4.1B-12.7%	$4.7B-15.0%	$5.5B-2.6%	$5.7B+9.4%	$5.2B-11.4%	$5.9B-1.8%	$6.0B-21.1%	$7.6B+5.4%	$7.2B-4.2%	$7.5B+5.9%	$7.1B+15.7%	$6.1B-2.2%	$6.2B+28.8%	$4.8B
Total Equity	-$3.1B-219.3%	-$971.0M-352.2%	$385.0M-6.6%	$412.0M-85.5%	$2.9B-20.8%	$3.6B-25.7%	$4.8B-13.9%	$5.6B-43.7%	$10.0B+47.4%	$6.8B-0.2%	$6.8B+19.6%	$5.7B-18.2%	$6.9B-8.3%	$7.6B+16.5%	$6.5B
Retained Earnings	-$3.5B-222.9%	-$1.1B-658.2%	$196.0M-41.8%	$337.0M-88.5%	$2.9B-17.0%	$3.5B-28.0%	$4.9B-13.8%	$5.7B-37.4%	$9.1B+29.0%	$7.0B+6.1%	$6.6B+15.1%	$5.8B+1.3%	$5.7B+9.7%	$5.2B+41.9%	$3.7B

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$7.1B-21.2%	$7.6B-17.3%	$7.6B-29.8%	$6.7B-38.8%	$9.0B-18.2%	$9.2B-18.7%	$10.8B-5.8%	$10.9B-7.3%
Current Assets	$3.7B+23.9%	$4.2B+28.0%	$4.1B+25.5%	$3.1B-9.2%	$3.0B-10.6%	$3.3B-10.4%	$3.2B-7.3%	$3.4B-9.1%
Cash & Equivalents	$1.7B+102.2%	$2.0B+117.9%	$1.8B+108.1%	$897.0M-25.9%	$833.0M-24.4%	$905.0M-19.3%	$873.0M-20.6%	$1.2B-18.4%
Inventory	$1.0B-15.2%	$972.0M-8.4%	$1.2B-8.4%	$1.2B+6.3%	$1.2B+4.4%	$1.1B+1.6%	$1.3B+5.7%	$1.1B-3.9%
Goodwill	$782.0M-65.1%	$800.0M-63.9%	$821.0M-74.1%	$830.0M-73.4%	$2.2B-28.6%	$2.2B-29.9%	$3.2B-8.2%	$3.1B-10.2%
Total Liabilities	$10.2B+3.6%	$10.7B+5.3%	$10.5B+2.3%	$9.6B-8.9%	$9.9B-7.1%	$10.1B-6.9%	$10.3B-4.2%	$10.5B-5.0%
Current Liabilities	$6.3B+244.2%	$6.7B+145.0%	$1.6B-38.7%	$1.6B-35.6%	$1.8B-28.5%	$2.7B+4.1%	$2.6B+7.9%	$2.5B+6.1%
Non-Current Liabilities	$4.0B-50.7%	$4.0B-46.2%	$8.9B+16.5%	$7.9B-0.3%	$8.1B-0.4%	$7.4B-10.4%	$7.6B-7.8%	$8.0B-8.1%
Long-Term Debt	$790.0M-83.4%	$790.0M-80.7%	$5.8B+38.9%	$4.8B+7.8%	$4.8B+4.5%	$4.1B-12.7%	$4.2B-13.4%	$4.5B-14.9%
Total Equity	-$3.2B-229.8%	-$3.1B-219.3%	-$3.1B-873.8%	-$3.0B-1008.5%	-$981.0M-484.7%	-$971.0M-352.2%	$397.0M-32.7%	$328.0M-47.2%
Retained Earnings	-$3.6B-199.8%	-$3.5B-222.9%	-$3.5B-1920.8%	-$3.4B-1688.8%	-$1.2B-712.3%	-$1.1B-658.2%	$192.0M-59.0%	$215.0M-54.0%

Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.

QVCGP Cash Flow Statement

QVCGP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$145.0M	$274.0M-47.8%	$525.0M-42.9%	$919.0M+373.7%	$194.0M-84.2%	$1.2B-50.1%	$2.5B+91.2%	$1.3B+0.9%	$1.3B-14.6%	$1.5B+3.3%	$1.4B+38.0%	$1.0B-36.2%	$1.6B+59.7%	$1.0B-29.0%	$1.4B+60.8%	$900.0M
Depreciation & Amortization	N/A	$398.0M+3.9%	$383.0M-5.9%	$407.0M-15.4%	$481.0M-10.4%	$537.0M-4.4%	$562.0M-7.3%	$606.0M-4.9%	$637.0M-12.1%	$725.0M-17.0%	$874.0M+24.3%	$703.0M+5.1%	$669.0M+6.4%	$629.0M+6.4%	$591.0M-7.8%	$641.0M
Stock-Based Compensation	N/A	$16.0M-50.0%	$32.0M-39.6%	$53.0M-11.7%	$60.0M-16.7%	$72.0M+12.5%	$64.0M-9.9%	$71.0M-19.3%	$88.0M-28.5%	$123.0M+26.8%	$97.0M-23.6%	$127.0M+17.6%	$108.0M-8.5%	$118.0M+29.7%	$91.0M+85.7%	$49.0M
Capital Expenditures	$158.0M	$156.0M-21.6%	$199.0M-13.5%	$230.0M-14.2%	$268.0M+9.8%	$244.0M-5.1%	$257.0M-20.9%	$325.0M+18.2%	$275.0M-71.2%	$956.0M+310.3%	$233.0M+51.3%	$154.0M-36.1%	$241.0M-17.2%	$291.0M-12.6%	$333.0M+6.7%	$312.0M
Free Cash Flow	-$13.0M	$118.0M-63.8%	$326.0M-52.7%	$689.0M+1031.1%	-$74.0M-107.5%	$981.0M-55.4%	$2.2B+129.2%	$959.0M-3.9%	$998.0M+86.9%	$534.0M-55.9%	$1.2B+35.7%	$892.0M-36.2%	$1.4B+90.1%	$736.0M-33.9%	$1.1B+89.5%	$588.0M
Investing Cash Flow	-$196.0M	-$245.0M-8.9%	-$225.0M-316.7%	-$54.0M-109.0%	$601.0M+220.0%	-$501.0M-211.2%	-$161.0M+73.2%	-$600.0M-1376.6%	$47.0M+112.0%	-$391.0M+73.8%	-$1.5B-84.0%	-$811.0M-77.1%	-$458.0M-182.7%	-$162.0M+39.8%	-$269.0M+38.4%	-$437.0M
Financing Cash Flow	$992.0M	$1.1B+313.7%	-$498.0M+50.7%	-$1.0B-1302.8%	-$72.0M+92.1%	-$914.0M+58.1%	-$2.2B-230.0%	-$661.0M+58.0%	-$1.6B-51.9%	-$1.0B+34.1%	-$1.6B-1188.5%	-$122.0M-84.8%	-$66.0M+97.0%	-$2.2B-986.7%	$249.0M+127.2%	-$916.0M
Dividends Paid	$0	$1.0M-75.0%	$4.0M-50.0%	$8.0M-33.3%	$12.0M-97.6%	$503.0M-59.8%	$1.3B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$365.0M+421.4%	$70.0M-82.1%	$392.0M-60.3%	$988.0M+29.2%	$765.0M-4.3%	$799.0M+1.8%	$785.0M0.0%	$785.0M-27.9%	$1.1B+33.6%	$815.0M+122.7%	$366.0M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	-$189.0M-215.0%	$244.0M+15.1%	$4.0M-80.0%	$86.0M-67.8%	-$60.0M-330.8%	$212.0M-33.1%	$20.0M-85.1%	$267.0M-40.9%
Depreciation & Amortization	$80.0M-21.6%	$88.0M-5.4%	$103.0M+8.4%	$105.0M+9.4%	$102.0M+3.0%	$93.0M-5.1%	$95.0M-9.5%	$96.0M-7.7%
Stock-Based Compensation	$0-100.0%	N/A	$7.0M+133.3%	$4.0M+33.3%	$4.0M-75.0%	N/A	$3.0M-70.0%	$3.0M-78.6%
Capital Expenditures	$36.0M+5.9%	$53.0M-14.5%	$31.0M-27.9%	$38.0M-29.6%	$34.0M-15.0%	$62.0M-21.5%	$43.0M-6.5%	$54.0M+5.9%
Free Cash Flow	-$225.0M-139.4%	$191.0M+27.3%	-$27.0M-17.4%	$48.0M-77.5%	-$94.0M-571.4%	$150.0M-37.0%	-$23.0M-126.1%	$213.0M-46.9%
Investing Cash Flow	-$29.0M+62.8%	-$42.0M+44.7%	-$36.0M+29.4%	-$89.0M-32.8%	-$78.0M-151.6%	-$76.0M-5.6%	-$51.0M+5.6%	-$67.0M-67.5%
Financing Cash Flow	-$17.0M-130.9%	-$28.0M+67.4%	$974.0M+397.9%	$63.0M+175.9%	$55.0M+2850.0%	-$86.0M+63.2%	-$327.0M+27.3%	-$83.0M+59.3%
Dividends Paid	$0-100.0%	$0	$0	$0	$1.0M-75.0%	$0	$0-100.0%	$0

Not reported in any period shown, so not listed: Share Buybacks.

QVCGP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

QVCGP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	34.3%-0.7pp	35.0%+1.2pp	33.8%+2.5pp	31.3%-3.0pp	34.3%-0.2pp	34.5%+0.6pp	33.9%-0.7pp	34.5%-0.2pp	34.8%	N/A	N/A	N/A	35.4%-1.6pp	37.0%+0.6pp	36.4%
Operating Margin	-22.7%-14.7pp	-8.1%-13.5pp	5.4%+22.3pp	-16.9%-24.6pp	7.7%-3.4pp	11.1%+9.7pp	1.4%-8.0pp	9.4%-0.6pp	10.0%+0.9pp	9.1%-2.1pp	11.2%-0.2pp	11.3%+0.2pp	11.1%-0.6pp	11.8%0.0pp	11.8%
Net Margin	-26.4%-13.6pp	-12.8%-11.5pp	-1.3%+20.1pp	-21.4%-23.8pp	2.4%-6.0pp	8.4%+11.8pp	-3.4%-9.9pp	6.5%-16.9pp	23.5%+11.9pp	11.6%+2.9pp	8.7%+3.6pp	5.1%+0.2pp	4.9%-10.6pp	15.5%+6.0pp	9.5%
Return on Equity	N/A	N/A	-37.7%+592.0pp	-629.6%-641.5pp	11.9%-21.3pp	33.2%+42.7pp	-9.4%-25.7pp	16.3%-8.2pp	24.4%+6.2pp	18.2%+5.4pp	12.8%+3.3pp	9.5%+2.3pp	7.2%-13.0pp	20.2%+6.2pp	14.1%
Return on Assets	-31.9%-17.9pp	-14.0%-12.7pp	-1.3%+19.4pp	-20.6%-22.7pp	2.1%-4.9pp	7.0%+9.7pp	-2.6%-7.8pp	5.1%-5.0pp	10.1%+4.0pp	6.1%+2.0pp	4.1%+1.2pp	2.9%+0.9pp	2.0%-3.8pp	5.8%+0.6pp	5.3%
Current Ratio	0.63-0.6x	1.21-0.2x	1.410.0x	1.38+0.3x	1.05+0.1x	0.97-0.2x	1.14+0.1x	1.06-0.2x	1.210.0x	1.25-0.6x	1.90-0.1x	2.01+0.8x	1.180.0x	1.17+0.3x	0.87
Debt-to-Equity	N/A	N/A	12.20-1.2x	13.41+11.4x	1.99+0.5x	1.44+0.2x	1.21+0.1x	1.06+0.3x	0.76-0.3x	1.060.0x	1.10-0.1x	1.24+0.4x	0.88+0.1x	0.83+0.1x	0.75
Asset Turnover	1.21+0.1x	1.09+0.1x	0.960.0x	0.96+0.1x	0.870.0x	0.83+0.1x	0.780.0x	0.79+0.4x	0.43-0.1x	0.52+0.1x	0.47-0.1x	0.56+0.2x	0.410.0x	0.38-0.2x	0.55
FCF Margin	1.3%-2.0pp	3.3%-3.1pp	6.3%+6.9pp	-0.6%-7.6pp	7.0%-8.5pp	15.5%+8.4pp	7.1%0.0pp	7.1%+2.0pp	5.1%-6.2pp	11.4%+2.4pp	8.9%-4.4pp	13.3%+6.1pp	7.2%-4.1pp	11.3%+5.2pp	6.1%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	34.2%0.0pp	32.9%-0.4pp	34.0%-1.3pp	36.4%+0.1pp	34.2%-1.3pp	33.3%-0.4pp	35.3%-0.1pp	36.4%+1.8pp
Operating Margin	0.8%+0.1pp	3.7%+46.9pp	2.7%-3.8pp	-101.6%	0.7%-5.5pp	-43.2%-39.9pp	6.5%+0.4pp	6.9%-7.0pp
Net Margin	-2.4%+2.4pp	-1.4%+42.3pp	-3.6%-2.6pp	-99.4%-100.2pp	-4.8%-4.7pp	-43.7%-35.0pp	-1.0%-1.0pp	0.8%-3.2pp
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-5.8%-6.0pp	6.1%-11.1pp
Return on Assets	-0.7%+0.5pp	-0.5%+13.4pp	-1.1%-0.9pp	-33.2%-33.4pp	-1.1%-1.1pp	-13.9%-11.5pp	-0.2%-0.2pp	0.2%-0.7pp
Current Ratio	0.60-1.1x	0.63-0.6x	2.49+1.3x	1.89+0.5x	1.66+0.3x	1.21-0.2x	1.22-0.2x	1.34-0.2x
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	10.54+2.3x	13.67+5.2x
Asset Turnover	0.280.0x	0.350.0x	0.29+0.1x	0.33+0.1x	0.230.0x	0.320.0x	0.220.0x	0.220.0x
FCF Margin	-11.5%-7.0pp	7.1%+2.0pp	-1.2%-0.2pp	2.1%-6.7pp	-4.5%-3.9pp	5.1%-2.5pp	-1.0%-4.5pp	8.8%-6.3pp

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.

Note: Shareholder equity is negative (-$3.1B), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.63), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock QVCGP	FY2025	$9.2B	-$2.4B	-26.4%	N/A	14/100
Jeffs' Brands Ltd Warrant JFBRW	FY2025	$16.8M	-$3.7M	-21.9%	N/A	35/100
MOGU Inc. American MOGU	FY2026	$18.2M	$266K	1.5%	$15.4M	42/100
SOLO BRANDS INC A SBDS	FY2025	$316.6M	-$145.4M	-45.9%	$9.3M	—

Where QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock Ranks

Frequently Asked Questions

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's annual revenue?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) reported $9.2B in total revenue for fiscal year 2025. This represents a -8.0% 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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's revenue growing?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) revenue declined by 8.0% year-over-year, from $10.0B to $9.2B in fiscal year 2025.

Is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock profitable?

No, QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) reported a net income of -$2.4B in fiscal year 2025, with a net profit margin of -26.4%.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's earnings per share (EPS)?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) reported diluted earnings per share of -$302.97 for fiscal year 2025. This represents a -85.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's EBITDA?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had EBITDA of -$1.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock have?

As of fiscal year 2025, QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had $2.0B in cash and equivalents against $790.0M in long-term debt.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's gross margin?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had a gross margin of 34.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's operating margin?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had an operating margin of -22.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's net profit margin?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had a net profit margin of -26.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's free cash flow?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) generated $118.0M in free cash flow during fiscal year 2025. This represents a -63.8% 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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's operating cash flow?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) generated $274.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's total assets?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had $7.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's capital expenditures?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) invested $156.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's current ratio?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had a current ratio of 0.63 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's return on assets (ROA)?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) had a return on assets of -31.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Why is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's debt-to-equity ratio negative or not reported?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) has negative shareholder equity of -$3.1B as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's Piotroski F-Score?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock's earnings high quality?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) reported a net loss of $2.4B while generating $274.0M 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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock cover its interest payments?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) reported an operating loss of $2.1B against $496.0M 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. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock?

QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock (QVCGP) scores 14 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.