Qvc (QVCAQ) Net Margin (2009 - 2026)
Qvc (QVCAQ) posted quarterly Net Margin of 2.04% for Q1 2026, up 228.0% year-over-year from 0.62% in Q1 2025, and down 118.87% quarter-over-quarter from 0.93% in Q4 2025.
Qvc (QVCAQ) Net Margin (2009 - 2026) Analysis & Trends
Qvc (QVCAQ) has reported Net Margin for 18 consecutive years, with 2.04% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 228.0% year-over-year to 2.04%; the TTM figure through Mar 2026 stood at 25.84% (down 1207.0% YoY), while the FY2025 annual figure was 25.98%, down 1353.0% from the prior year.
- Net Margin eased to 2.04% in Q1 2026 per QVCAQ's latest filing, from 0.93% in the prior quarter.
- Across five years, Net Margin topped out at 7.48% in Q2 2022 and bottomed at 99.71% in Q3 2022.
- Historically, Net Margin has averaged 14.13% across 5 years, with a median of 0.64% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin slumped 10448 bps — and 2023, when it surged 10019 bps.
- Qvc's Net Margin stood at 5.28% in 2022, then sank by 256 bps to 8.21% in 2023, then sank by 428 bps to 43.31% in 2024, then jumped by 98 bps to 0.93% in 2025, then slumped by 119 bps to 2.04% in 2026.
- Business Quant data shows QVCAQ's Net Margin at 2.04% in Q1 2026, 0.93% in Q4 2025, and 3.3% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 19.81% |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 4.58% |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 4.47% |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 1.62% |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 12.24% |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | -0.06% |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | -6.44% |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | 0.00% |
| 10 | Qvc | 158,237.38 | -1.28 Bn | 705.00 Mn | -1.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.50% |
| Mar 31, 2026 | -2.04% |
| Dec 31, 2025 | -0.93% |
| Sep 30, 2025 | -3.30% |
| Jun 30, 2025 | -98.79% |
| Mar 31, 2025 | -4.32% |
| Dec 31, 2024 | -43.31% |
| Sep 30, 2024 | -0.64% |
| Jun 30, 2024 | 1.33% |
| Mar 31, 2024 | 0.34% |
| Dec 31, 2023 | -8.21% |
| Sep 30, 2023 | 0.48% |
| Jun 30, 2023 | 4.49% |
| Mar 31, 2023 | 1.25% |
| Dec 31, 2022 | 5.28% |
| Sep 30, 2022 | -99.71% |
| Jun 30, 2022 | 7.48% |
| Mar 31, 2022 | 0.45% |
| Dec 31, 2021 | -11.46% |
| Sep 30, 2021 | 4.77% |