QVC INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that QVC INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.29B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $9.00B | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $9.45B | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | $9.89B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $11.35B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $11.47B | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | $3.47B | Feb 26, 2020 |
| FY2019 | Sep 30, 2019 | $2.50B | Feb 26, 2020 |
| FY2019 | Jun 30, 2019 | $2.51B | Feb 26, 2020 |
| FY2019 | Mar 31, 2019 | $2.50B | Feb 26, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.29B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $9.00B | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $9.45B | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | $9.89B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $11.35B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $11.47B | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $10.99B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $11.28B | Feb 26, 2021 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $3.56B | Feb 28, 2019 |
| FY2018 | Sep 30, 2018 | $2.57B | Feb 28, 2019 |
| FY2018 | Jun 30, 2018 | $2.56B | Feb 28, 2019 |
| FY2018 | Mar 31, 2018 | $2.60B | Feb 28, 2019 |
| FY2018 | Dec 31, 2017 | $2.82B | Feb 28, 2019 |
| FY2018 | Sep 30, 2017 | $2.01B | Feb 28, 2019 |
| FY2018 | Jun 30, 2017 | $1.98B | Feb 28, 2019 |
| FY2018 | Mar 31, 2017 | $1.97B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $2.66B | Mar 2, 2018 |
| FY2017 | Sep 30, 2016 | $1.95B | Mar 2, 2018 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.79B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $3.09B | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $3.18B | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | $3.14B | Feb 27, 2025 |
| FY2016 | Dec 31, 2016 | $3.14B | Feb 28, 2017 |
| FY2016 | Dec 31, 2015 | $3.22B | Feb 28, 2017 |
| FY2016 | Dec 31, 2014 | $3.25B | Feb 28, 2017 |
| FY2015 | Dec 31, 2013 | $3.16B | Feb 29, 2016 |
| FY2014 | Dec 31, 2012 | $3.10B | Feb 27, 2015 |
| FY2013 | Dec 31, 2011 | $2.99B | Mar 3, 2014 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($2.17B) | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | ($1.07B) | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $159.00M | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | ($1.87B) | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $787.00M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $844.00M | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | $211.00M | Feb 26, 2020 |
| FY2019 | Sep 30, 2019 | $174.00M | Feb 26, 2020 |
| FY2019 | Jun 30, 2019 | $206.00M | Feb 26, 2020 |
| FY2019 | Mar 31, 2019 | $176.00M | Feb 26, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($2.02B) | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | ($770.00M) | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $645.00M | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | ($1.40B) | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $1.51B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $1.57B | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | $306.00M | Feb 26, 2020 |
| FY2019 | Sep 30, 2019 | $330.00M | Feb 26, 2020 |
| FY2019 | Jun 30, 2019 | $365.00M | Feb 26, 2020 |
| FY2019 | Mar 31, 2019 | $326.00M | Feb 26, 2020 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2017 | $744.00M | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | $728.00M | Feb 28, 2019 |
| FY2017 | Dec 31, 2015 | $745.00M | Mar 2, 2018 |
| FY2016 | Dec 31, 2014 | $770.00M | Feb 28, 2017 |
| FY2015 | Dec 31, 2013 | $745.00M | Feb 29, 2016 |
| FY2014 | Dec 31, 2012 | $588.00M | Feb 27, 2015 |
| FY2013 | Dec 31, 2011 | $535.00M | Mar 3, 2014 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $419.00M | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $535.00M | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $1.09B | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | $409.00M | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $1.17B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $2.23B | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $1.32B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $1.16B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.20B | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | $1.18B | Feb 28, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.46B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $9.89B | Apr 15, 2026 |
| FY2024 | Dec 31, 2023 | $11.72B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $12.40B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $16.14B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $16.56B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $14.93B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $14.86B | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $14.32B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $11.55B | Mar 2, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.19B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $6.52B | Apr 15, 2026 |
| FY2024 | Dec 31, 2023 | $7.38B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $7.83B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $8.42B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $8.42B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $8.12B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $8.03B | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $8.52B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $7.65B | Mar 2, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.20B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $3.29B | Apr 15, 2026 |
| FY2024 | Dec 31, 2023 | $4.25B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $4.48B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $7.60B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $8.00B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $6.67B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $6.71B | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $5.69B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $3.80B | Mar 2, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $800.00M | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $2.20B | Apr 15, 2026 |
| FY2025 | Dec 31, 2023 | $3.15B | Apr 15, 2026 |
| FY2024 | Dec 31, 2022 | $3.47B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $5.97B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $6.03B | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $5.97B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $5.97B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $5.98B | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | $5.00B | Feb 28, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($9.75B) | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | ($7.54B) | Apr 15, 2026 |
| FY2024 | Dec 31, 2023 | ($6.36B) | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | ($6.08B) | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | ($2.94B) | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | ($2.72B) | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | ($2.39B) | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | ($2.27B) | Feb 26, 2020 |
| FY2018 | Jan 1, 2018 | ($2.78B) | Feb 28, 2019 |
| FY2018 | Dec 31, 2017 | ($2.80B) | Feb 28, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.50B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $297.00M | Apr 15, 2026 |
| FY2024 | Dec 31, 2023 | $307.00M | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $357.00M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $510.00M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $682.00M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $561.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $543.00M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $282.00M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $284.00M | Mar 2, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.02B | Apr 15, 2026 |
| FY2025 | Dec 31, 2024 | $3.90B | Apr 15, 2026 |
| FY2024 | Dec 31, 2023 | $4.34B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $4.94B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $5.04B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $4.96B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $5.12B | Feb 26, 2021 |