Qurate Retail, Inc. (QRTEA)

Qurate Retail Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	10,915	12,106	14,044	14,177	13,458
Revenue Growth (YoY)	-9.84%	-13.80%	-0.94%	5.34%	-4.35%
Cost of Revenue	7,230	8,417	9,231	9,291	8,899
Gross Profit	3,685	3,689	4,813	4,886	4,559
Selling, General & Admin	1,869	1,945	1,930	1,885	1,758
Other Operating Expenses	1,226	3,785	1,796	1,429	2,617
Operating Expenses	3,095	5,730	3,726	3,314	4,375
Operating Income	590	-2,041	1,087	1,572	184
Interest Expense / Income	451	456	468	408	374
Other Expense / Income	124	-127	62	171	483
Pretax Income	15	-2,370	557	993	-673
Income Tax	160	224	217	-203	-217
Net Income	-145	-2,594	340	1,196	-456
Net Income Growth	-	-	-71.57%	-	-
Shares Outstanding (Basic)	389	382	397	417	416
Shares Change	1.88%	-3.66%	-4.91%	0.33%	-7.47%
EPS (Basic)	-0.37	-6.83	0.84	2.88	-1.08
EPS (Diluted)	-0.37	-6.83	0.82	2.84	-1.08
EPS Growth	-	-	-71.13%	-	-
Free Cash Flow	784	585	848	2,142	825
Free Cash Flow Per Share	2.01	1.53	2.14	5.13	1.98
Dividend Per Share	-	-	1.250	3.000	-
Dividend Growth	-	-	-58.33%	-	-
Gross Margin	33.76%	30.47%	34.27%	34.46%	33.88%
Operating Margin	5.41%	-16.86%	7.74%	11.09%	1.37%
Profit Margin	-1.33%	-21.43%	2.42%	8.44%	-3.39%
Free Cash Flow Margin	7.18%	4.83%	6.04%	15.11%	6.13%
Effective Tax Rate	1066.67%	-	38.96%	-20.44%	-
EBITDA	873	-1,433	1,562	1,963	307
EBITDA Margin	8.00%	-11.84%	11.12%	13.85%	2.28%
Depreciation & Amortization	407	481	537	562	606
EBIT	466	-1,914	1,025	1,401	-299
EBIT Margin	4.27%	-15.81%	7.30%	9.88%	-2.22%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).