Revenue
1.77 billion USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 1765000000 USD Source
Fundies. English
QVC GROUP, INC.
EDGARAnnual consolidated revenue for 2025: about USD 8.293B, using the latest reported figures. The previous period, 2024, was about USD 8.997B.
Latest quarter
Operating margin
3.51%
2026 Q2 · %
Operating cash flow
154 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 1.5 billion USD Source
Exact value
1496000000 USD
- Long-term debt including current maturities
- 5.02 billion USD Source
Exact value
5024000000 USD
- Shares outstanding
- Not available
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
7.94 billion USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Net income
-17 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
377 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: 174000000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 98000000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: 419000000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 174000000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -98000000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 56000000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: -98000000 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-30.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 11 of 11 periods available· newest 2025-12-31
- Operating income: 11 of 11 periods available· newest 2025-12-31
- Net income: 11 of 11 periods available· newest 2025-12-31
- Operating cash flow: 11 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 11 of 11 periods available· newest 2025-12-31
- Total liabilities: 11 of 11 periods available· newest 2025-12-31
- Current assets: 11 of 11 periods available· newest 2025-12-31
- Current liabilities: 11 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
- shares outstanding: No compatible figures in this window
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
-7.8%Prior period
USD 9 billion
–
Current period
USD 8.29 billion
–
Exact inputs and evidence
8293000000 − 8997000000 = -704000000 USD
8997000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source8293000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 1.1 billionPrior period
−USD 1.07 billion
–
Current period
−USD 2.17 billion
–
Exact inputs and evidence
-2168000000 − -1069000000 = -1099000000 USD
-1069000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-2168000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-21.7%Prior period
USD 535 million
–
Current period
USD 419 million
–
Exact inputs and evidence
419000000 − 535000000 = -116000000 USD
535000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source419000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 8.29 billion 100% of revenue
- Operating costs Derived USD 10.31 billion 124% of revenue
- Operating income −USD 2.02 billion −24% of revenue
- Tax, interest and other Derived USD 151 million 1.8% of revenue
- Net income −USD 2.17 billion −26% of revenue
Cash
- Operating cash flow USD 419 million 5.1% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2016 86%
- 2017 10%85%
- 2018 87%
- 2019 88%
- 2020 86%
- 2021 87%
- 2022 Operating loss: operating costs were 114% of revenue.
- 2023 93%
- 2024 Operating loss: operating costs were 109% of revenue.
- 2025 Operating loss: operating costs were 124% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | 8682000000 | 7479000000 Derived | 1203000000 | 599000000 Derived | 604000000 | Unavailable | Source
|
| 2017 2017-01-01 – 2017-12-31 | 8771000000 | 7462000000 Derived | 1309000000 | 408000000 Derived | 901000000 | Unavailable | Source
|
| 2018 2018-01-01 – 2018-12-31 | 11282000000 | 9770000000 Derived | 1512000000 | 630000000 Derived | 882000000 | Unavailable | Source
|
| 2019 2019-01-01 – 2019-12-31 | 10986000000 | 9659000000 Derived | 1327000000 | 560000000 Derived | 767000000 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 11472000000 | 9905000000 Derived | 1567000000 | 723000000 Derived | 844000000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 11354000000 | 9847000000 Derived | 1507000000 | 720000000 Derived | 787000000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 9887000000 | 11286000000 Derived | -1399000000 | 468000000 Derived | -1867000000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 9449000000 | 8804000000 Derived | 645000000 | 486000000 Derived | 159000000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 8997000000 | 9767000000 Derived | -770000000 | 299000000 Derived | -1069000000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 8293000000 | 10310000000 Derived | -2017000000 | 151000000 Derived | -2168000000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 8.3B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 8682000000 |
|
| 2017 | Revenue | 8771000000 |
|
| 2018 | Revenue | 11282000000 |
|
| 2019 | Revenue | 10986000000 |
|
| 2020 | Revenue | 11472000000 |
|
| 2021 | Revenue | 11354000000 |
|
| 2022 | Revenue | 9887000000 |
|
| 2023 | Revenue | 9449000000 |
|
| 2024 | Revenue | 8997000000 |
|
| 2025 | Revenue | 8293000000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
-7.8% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | -0.7% |
|
| 2017 | Year over year | 1% |
|
| 2018 | Year over year | 28.6% |
|
| 2019 | Year over year | -2.6% |
|
| 2020 | Year over year | 4.4% |
|
| 2021 | Year over year | -1% |
|
| 2022 | Year over year | -12.9% |
|
| 2023 | Year over year | -4.4% |
|
| 2024 | Year over year | -4.8% |
|
| 2025 | Year over year | -7.8% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -24.3% 2025
Net margin -26.1% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | 13.9% |
|
| 2017 | Operating margin | 14.9% |
|
| 2018 | Operating margin | 13.4% |
|
| 2019 | Operating margin | 12.1% |
|
| 2020 | Operating margin | 13.7% |
|
| 2021 | Operating margin | 13.3% |
|
| 2022 | Operating margin | -14.1% |
|
| 2023 | Operating margin | 6.8% |
|
| 2024 | Operating margin | -8.6% |
|
| 2025 | Operating margin | -24.3% |
|
| 2016 | Net margin | 7% |
|
| 2017 | Net margin | 10.3% |
|
| 2018 | Net margin | 7.8% |
|
| 2019 | Net margin | 7% |
|
| 2020 | Net margin | 7.4% |
|
| 2021 | Net margin | 6.9% |
|
| 2022 | Net margin | -18.9% |
|
| 2023 | Net margin | 1.7% |
|
| 2024 | Net margin | -11.9% |
|
| 2025 | Net margin | -26.1% |
|
| 2016 | Free cash flow margin | Not reported |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 419M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | 1178000000 |
|
| 2017 | Operating cash flow | 1202000000 |
|
| 2018 | Operating cash flow | 1156000000 |
|
| 2019 | Operating cash flow | 1322000000 |
|
| 2020 | Operating cash flow | 2234000000 |
|
| 2021 | Operating cash flow | 1169000000 |
|
| 2022 | Operating cash flow | 409000000 |
|
| 2023 | Operating cash flow | 1094000000 |
|
| 2024 | Operating cash flow | 535000000 |
|
| 2025 | Operating cash flow | 419000000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | Unavailable |
|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
85% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Liabilities / assets | 66.3% |
|
| 2017 | Liabilities / assets | 59.5% |
|
| 2018 | Liabilities / assets | 54% |
|
| 2019 | Liabilities / assets | 54.4% |
|
| 2020 | Liabilities / assets | 50.9% |
|
| 2021 | Liabilities / assets | 52.2% |
|
| 2022 | Liabilities / assets | 63.1% |
|
| 2023 | Liabilities / assets | 63% |
|
| 2024 | Liabilities / assets | 65.9% |
|
| 2025 | Liabilities / assets | 85% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.55× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 1.74× |
|
| 2017 | Current assets / current liabilities | 1.6× |
|
| 2018 | Current assets / current liabilities | 1.56× |
|
| 2019 | Current assets / current liabilities | 1.91× |
|
| 2020 | Current assets / current liabilities | 1.3× |
|
| 2021 | Current assets / current liabilities | 1.5× |
|
| 2022 | Current assets / current liabilities | 1.44× |
|
| 2023 | Current assets / current liabilities | 1.17× |
|
| 2024 | Current assets / current liabilities | 1.12× |
|
| 2025 | Current assets / current liabilities | 0.55× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | USD 604 million Exact valueExact value: 604000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.18 billion Exact valueExact value: 1178000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-31 | USD 901 million Exact valueExact value: 901000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.2 billion Exact valueExact value: 1202000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2018-01-01 – 2018-12-31 | USD 882 million Exact valueExact value: 882000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.16 billion Exact valueExact value: 1156000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2019-01-01 – 2019-12-31 | USD 767 million Exact valueExact value: 767000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.32 billion Exact valueExact value: 1322000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | USD 844 million Exact valueExact value: 844000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.23 billion Exact valueExact value: 2234000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | USD 787 million Exact valueExact value: 787000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.17 billion Exact valueExact value: 1169000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | −USD 1.87 billion Exact valueExact value: -1867000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 409 million Exact valueExact value: 409000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | USD 159 million Exact valueExact value: 159000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.09 billion Exact valueExact value: 1094000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | −USD 1.07 billion Exact valueExact value: -1069000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 535 million Exact valueExact value: 535000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | −USD 2.17 billion Exact valueExact value: -2168000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 419 million Exact valueExact value: 419000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
65 filings · 9,975 latest values · 9,975 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001254699, 1254699, QVCG, edgar:1254699
Also known as QVC GROUP, INC., QVC Group, Inc., QVC INC, QVC, Inc.