QVC Group Inc. (QVCGA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 2.68B | 2.21B | 2.24B | 2.1B | 2.94B | 2.34B | 2.41B | 2.34B | 3.14B | 2.48B | 2.65B | 2.64B | 3.53B | 2.74B | 2.95B | 2.88B | 4.06B | 3.14B | 3.5B | 3.34B |
| Revenue Growth % | -9.07% | -5.59% | -7.1% | -10.12% | -6.33% | -5.45% | -9.14% | -11.42% | -10.86% | -9.66% | -10.29% | -8.29% | -13.13% | -12.72% | -15.72% | -13.61% | -8.83% | -7.06% | 2.4% | 14.28% |
| Cost of Goods Sold | 2.07B | 1.46B | 1.42B | 1.39B | 1.96B | 1.52B | 1.53B | 1.51B | 2.08B | 1.6B | 1.73B | 1.81B | 2.53B | 1.91B | 1.98B | 1.92B | 2.73B | 2.07B | 2.24B | 2.19B |
| COGS % of Revenue | 77.29% | 66.02% | 63.6% | 65.84% | 66.71% | 64.72% | 63.65% | 64.52% | 66.31% | 64.66% | 65.46% | 68.42% | 71.81% | 69.42% | 66.98% | 66.67% | 67.18% | 65.81% | 63.93% | 65.78% |
| Gross Profit | 608M | 752M | 814M | 719M | 980M | 827M | 875M | 831M | 1.06B | 876M | 915M | 835M | 994M | 839M | 975M | 961M | 1.33B | 1.07B | 1.26B | 1.14B |
| Gross Margin % | 22.71% | 33.98% | 36.4% | 34.16% | 33.29% | 35.28% | 36.35% | 35.48% | 33.69% | 35.34% | 34.54% | 31.58% | 28.19% | 30.58% | 33.02% | 33.33% | 32.82% | 34.19% | 36.07% | 34.22% |
| Gross Profit Growth % | -37.96% | -9.07% | -6.97% | -13.48% | -7.46% | -5.59% | -4.37% | -0.48% | 6.54% | 4.41% | -6.15% | -13.11% | -25.38% | -21.95% | -22.86% | -15.85% | -10.54% | -10.79% | 4.9% | 15.7% |
| Operating Expenses | 502M | 692M | 3.09B | 705M | 2.25B | 675M | 710M | 686M | 1.16B | 725M | 549M | 659M | 952M | 3.45B | 557M | 855M | 1.32B | 801M | 831M | 769M |
| OpEx % of Revenue | 18.75% | 31.27% | 138.01% | 33.49% | 76.46% | 28.8% | 29.5% | 29.29% | 36.97% | 29.25% | 20.72% | 24.92% | 27% | 125.58% | 18.86% | 29.66% | 32.64% | 25.48% | 23.72% | 23.04% |
| Selling, General & Admin | 502M | 590M | 586M | 546M | 678M | 580M | 596M | 588M | 732M | 415M | 0 | 0 | 811M | 0 | 0 | 0 | 800M | 458M | 485M | 435M |
| SG&A % of Revenue | 18.75% | 26.66% | 26.21% | 25.94% | 23.03% | 24.74% | 24.76% | 25.11% | 23.29% | 16.74% | - | - | 23% | - | - | - | 19.71% | 14.57% | 13.84% | 13.04% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 106M | 60M | -2.27B | 14M | -1.27B | 152M | 165M | 145M | -103M | 151M | 366M | 176M | 42M | -2.61B | 418M | 106M | 7M | 274M | 433M | 373M |
| Operating Margin % | 3.96% | 2.71% | -101.61% | 0.67% | -43.17% | 6.48% | 6.86% | 6.19% | -3.28% | 6.09% | 13.82% | 6.66% | 1.19% | -95.01% | 14.16% | 3.68% | 0.17% | 8.71% | 12.36% | 11.18% |
| Operating Income Growth % | 108.34% | -60.53% | -1476.97% | -90.34% | -1133.98% | 0.66% | -54.92% | -17.61% | -345.24% | 105.79% | -12.44% | 66.04% | 500% | -1051.46% | -3.46% | -71.58% | -98.68% | -32.51% | 6.91% | 61.47% |
| EBITDA | 194M | 162M | -2.17B | 102M | -1.18B | 247M | 232M | 244M | -5M | 256M | 470M | 276M | 152M | -2.5B | 552M | 236M | 148M | 413M | 562M | 501M |
| EBITDA Margin % | 7.25% | 7.32% | -96.96% | 4.85% | -40.01% | 10.54% | 9.64% | 10.42% | -0.16% | 10.33% | 17.74% | 10.44% | 4.31% | -91.11% | 18.69% | 8.19% | 3.65% | 13.14% | 16.04% | 15.01% |
| EBITDA Growth % | 116.47% | -34.41% | -1034.48% | -58.2% | -23460% | -3.52% | -50.64% | -11.59% | -103.29% | 110.24% | -14.86% | 16.95% | 2.7% | -705.33% | -1.78% | -52.89% | -77.74% | -24.5% | 2.37% | 34.32% |
| D&A (Non-Cash Add-back) | 88M | 102M | 104M | 88M | 93M | 95M | 67M | 99M | 98M | 105M | 104M | 100M | 110M | 107M | 134M | 130M | 141M | 139M | 129M | 128M |
| EBIT | 121M | 78M | 138M | 85M | 209M | 117M | 183M | 144M | 139M | 152M | 152M | 63M | 42M | 63M | 182M | 190M | 391M | 291M | 407M | 395M |
| Net Interest Income | -133M | -134M | -117M | -112M | -115M | -117M | -119M | -117M | -115M | -105M | -123M | -94M | -113M | -107M | -119M | -117M | -112M | -121M | -118M | -117M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 133M | 134M | 117M | 112M | 115M | 117M | 119M | 117M | 115M | 119M | 123M | 94M | 113M | 107M | 119M | 117M | 112M | 121M | 118M | 117M |
| Other Income/Expense | -118M | -116M | -139M | -117M | -98M | -152M | -118M | -114M | -114M | -118M | -181M | -111M | -113M | -42M | -77M | -35M | -106M | -104M | -144M | -95M |
| Pretax Income | -12M | -56M | -2.41B | -103M | -1.37B | 0 | 47M | 31M | -217M | 33M | 185M | 65M | -71M | -2.65B | 341M | 71M | -99M | 170M | 289M | 278M |
| Pretax Margin % | -0.45% | -2.53% | -107.83% | -4.89% | -46.5% | - | 1.95% | 1.32% | -6.9% | 1.33% | 6.98% | 2.46% | -2.01% | -96.54% | 11.55% | 2.46% | -2.44% | 5.41% | 8.25% | 8.33% |
| Income Tax | 13M | 17M | -202M | -12M | -94M | 15M | 15M | 23M | 41M | 21M | 66M | 32M | -41M | 87M | 120M | 58M | 104M | 20M | 39M | 54M |
| Effective Tax Rate % | -108.33% | -30.36% | 8.38% | 11.65% | 6.87% | - | 31.91% | 74.19% | -18.89% | 63.64% | 35.68% | 49.23% | 57.75% | -3.28% | 35.19% | 81.69% | -105.05% | 11.76% | 13.49% | 19.42% |
| Net Income | -37M | -80M | -2.22B | -100M | -1.29B | -23M | 20M | -1M | -273M | 1M | 107M | 20M | -51M | -2.75B | 203M | 1M | -215M | 127M | 222M | 206M |
| Net Margin % | -1.38% | -3.62% | -99.37% | -4.75% | -43.68% | -0.98% | 0.83% | -0.04% | -8.69% | 0.04% | 4.04% | 0.76% | -1.45% | -100.11% | 6.87% | 0.03% | -5.3% | 4.04% | 6.34% | 6.17% |
| Net Income Growth % | 97.12% | -247.83% | -11210% | -9900% | -371.06% | -2400% | -81.31% | -105% | -435.29% | 100.04% | -47.29% | 1900% | 76.28% | -2262.99% | -8.56% | -99.51% | -132.28% | -62.43% | 0.91% | 1130% |
| Net Income (Continuing) | -25M | -73M | -2.21B | -91M | -1.27B | -15M | 32M | 8M | -258M | 12M | 119M | 33M | -30M | -2.74B | 221M | 13M | -203M | 150M | 250M | 224M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 83M | 97M | 92M | 88M | 86M | 82M | 93M | 96M | 104M | 103M | 106M | 113M | 113M | 113M | 119M | 127M | 136M | 148M | 141M | 128M |
| EPS (Diluted) | -4.58 | -9.92 | -275.41 | -12.50 | -165.02 | -2.90 | 2.53 | -0.13 | -35.09 | 0.13 | 13.79 | 2.60 | -6.67 | -360.50 | 26.50 | 0.13 | -25.87 | 15.26 | 26.24 | 24.50 |
| EPS Growth % | 97.22% | -242.07% | -10985.77% | -9515.38% | -370.28% | -2330.77% | -81.65% | -105% | -426.09% | 100.04% | -47.96% | 1900% | 74.22% | -2462.39% | 0.99% | -99.47% | -132.75% | -61.85% | -0.53% | 1120.83% |
| EPS (Basic) | -4.58 | -9.92 | -275.41 | -12.50 | -165.02 | -2.90 | 2.53 | -0.13 | -35.09 | 0.13 | 13.79 | 2.61 | -6.70 | -360.50 | 26.64 | 0.13 | -26.64 | 15.72 | 27.07 | 25.06 |
| Diluted Shares Outstanding | 8.09M | 8.07M | 8.07M | 8.02M | 7.79M | 7.94M | 7.94M | 7.86M | 7.77M | 7.78M | 7.78M | 7.68M | 7.65M | 7.64M | 7.64M | 7.68M | 8.31M | 8.32M | 8.46M | 8.44M |
| Basic Shares Outstanding | 8.09M | 8.07M | 8.07M | 8M | 7.79M | 7.92M | 7.92M | 7.84M | 7.75M | 7.76M | 7.76M | 7.66M | 7.61M | 7.62M | 7.62M | 7.58M | 8.07M | 8.08M | 8.2M | 8.22M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 100% | - | 35% | - | - | - | 1000% | - | 0.79% | - | 6.31% |