QVC Group Inc. (QVCGA)

QVC Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	9,497	10,037	10,915	12,106	14,044	14,177
Revenue Growth (YoY)	-7.22%	-8.04%	-9.84%	-13.80%	-0.94%	5.34%
Cost of Revenue	6,233	6,524	7,230	8,417	9,231	9,291
Gross Profit	3,264	3,513	3,685	3,689	4,813	4,886
Selling, General & Admin	2,401	2,442	2,664	2,780	2,805	2,752
Other Operating Expenses	-	-	90	-167	21	-
Operating Expenses	2,759	2,825	3,161	3,094	3,363	3,314
Operating Income	505	688	524	595	1,450	1,572
Interest Expense	-478	-468	-451	-456	-468	-408
Interest & Investment Income	50	50	52	10	5	-
Earnings From Equity Investments	-	-	-	-	-	-156
Other Non Operating Income (Expenses)	-31	-42	-39	166	-63	-138
EBT Excluding Unusual Items	46	228	86	315	924	870
Merger & Restructuring Charges	-101	-18	-18	-13	-	-
Impairment of Goodwill	-2,367	-902	-326	-2,761	-233	-
Gain (Loss) on Sale of Investments	-10	-22	-22	13	77	223
Gain (Loss) on Sale of Assets	-	1	66	520	-	-
Asset Writedown	-1,508	-578	-	-320	-130	-
Other Unusual Items	-	-	-	-62	-	-42
Pretax Income	-3,940	-1,291	66	-2,308	638	1,051
Income Tax Expense	-292	-41	160	224	217	-203
Earnings From Continuing Operations	-3,648	-1,250	-94	-2,532	421	1,254
Net Income to Company	-3,648	-1,250	-94	-2,532	421	1,254
Minority Interest in Earnings	-40	-40	-51	-62	-81	-58
Net Income	-3,688	-1,290	-145	-2,594	340	1,196
Net Income to Common	-3,688	-1,290	-145	-2,594	340	1,196
Net Income Growth	-	-	-	-	-71.57%	-
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	0.51%	2.06%	2.10%	-8.43%	-1.43%	-0.71%
EPS (Basic)	-462.63	-162.88	-18.73	-341.32	42.18	143.75
EPS (Diluted)	-462.63	-163.00	-18.73	-341.50	41.00	142.00
EPS Growth	-	-	-	-	-71.13%	-
Free Cash Flow	77	326	689	-74	981	2,198
Free Cash Flow Per Share	9.66	41.16	88.79	-9.74	118.19	261.05
Gross Margin	34.37%	35.00%	33.76%	30.47%	34.27%	34.46%
Operating Margin	5.32%	6.86%	4.80%	4.92%	10.32%	11.09%
Profit Margin	-38.83%	-12.85%	-1.33%	-21.43%	2.42%	8.44%
Free Cash Flow Margin	0.81%	3.25%	6.31%	-0.61%	6.98%	15.50%
EBITDA	937	1,071	931	1,076	1,987	2,134
EBITDA Margin	9.87%	10.67%	8.53%	8.89%	14.15%	15.05%
D&A For EBITDA	432	383	407	481	537	562
EBIT	505	688	524	595	1,450	1,572
EBIT Margin	5.32%	6.86%	4.80%	4.92%	10.32%	11.09%
Effective Tax Rate	-	-	242.42%	-	34.01%	-
Advertising Expenses	-	484	497	536	560	440

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q