Growth Metrics

Qvc (QVCAQ) Operating Expenses (2009 - 2026)

Qvc (QVCAQ) reported Operating Expenses of $146.0 million for Q1 2026, down 10.43% year-over-year from $163.0 million in Q1 2025, and down 21.51% on a QoQ basis from $186.0 million in Q4 2025.

Qvc (QVCAQ) has 18 years of Operating Expenses data on file, last reported at $146.0 million in Q1 2026.

  • Quarterly Operating Expenses fell 10.43% year-over-year to $146.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.0 billion (up 484.77% YoY) and the FY2025 annual result came in at $675.0 million, down 8.04% from the prior year.
  • Operating Expenses eased to $146.0 million in Q1 2026 per QVCAQ's latest filing, from $186.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.4 billion in Q3 2022 and bottomed at -$5.9 billion in Q4 2024.
  • The 5-year median for Operating Expenses is $2.3 billion (2023), against an average of $1.8 billion.
  • The widest annual swing landed in 2024, when Operating Expenses tumbled 281.67%; it then surged 103.15% in 2025.
  • Tracing QVCAQ's Operating Expenses over 5 years: stood at $3.5 billion in 2022, then slipped by 6.83% to $3.2 billion in 2023, then plunged by 281.67% to -$5.9 billion in 2024, then surged by 103.15% to $186.0 million in 2025, then slipped by 21.51% to $146.0 million in 2026.
  • Per Business Quant, the three latest QVCAQ Operating Expenses figures stand at $146.0 million (Q1 2026), $186.0 million (Q4 2025), and $162.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amazon Com 2,907.49 Bn 2,764.40 Bn 171.21 Bn 157.67 Bn
2 Mercadolibre 85.96 Bn 80.31 Bn 3.86 Bn 3.25 Bn
3 DoorDash 69.36 Bn 64.50 Bn 2.04 Bn 3.89 Bn
4 PDD Holdings 66.56 Bn 41.90 Bn 12.81 Bn -5.87 Bn
5 Ebay 48.95 Bn 45.09 Bn 2.29 Bn 1.68 Bn
6 Coupang 30.30 Bn 30.21 Bn 2.30 Bn 8.75 Bn
7 Maplebear 9.52 Bn 8.83 Bn 738.00 Mn 556.00 Mn
8 Wayfair 9.47 Bn 8.40 Bn 880.00 Mn 891.00 Mn
9 Chewy 9.33 Bn 8.46 Bn 959.70 Mn 917.20 Mn
10 Qvc - - 669.00 Mn 146.00 Mn

Historic Data

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DateValue
Mar 31, 2026 146.00 Mn
Dec 31, 2025 2.58 Bn
Sep 30, 2025 2.15 Bn
Jun 30, 2025 4.51 Bn
Mar 31, 2025 2.09 Bn
Dec 31, 2024 -5.90 Bn
Sep 30, 2024 2.19 Bn
Jun 30, 2024 2.24 Bn
Mar 31, 2024 2.20 Bn
Dec 31, 2023 -6.28 Bn
Sep 30, 2023 2.33 Bn
Jun 30, 2023 2.28 Bn
Mar 31, 2023 2.47 Bn
Dec 31, 2022 3.48 Bn
Sep 30, 2022 5.35 Bn
Jun 30, 2022 2.54 Bn
Mar 31, 2022 2.78 Bn
Dec 31, 2021 4.05 Bn
Sep 30, 2021 2.87 Bn
Jun 30, 2021 3.07 Bn
Mar 31, 2021 2.96 Bn
Dec 31, 2020 3.92 Bn
Sep 30, 2020 2.98 Bn
Jun 30, 2020 3.02 Bn
Mar 31, 2020 2.69 Bn
Dec 31, 2019 3.89 Bn
Sep 30, 2019 3.82 Bn
Jun 30, 2019 2.78 Bn
Mar 31, 2019 2.80 Bn
Dec 31, 2018 3.94 Bn
Sep 30, 2018 2.99 Bn
Jun 30, 2018 2.88 Bn
Mar 31, 2018 2.94 Bn
Dec 31, 2017 2.98 Bn
Sep 30, 2017 2.17 Bn
Jun 30, 2017 2.10 Bn
Mar 31, 2017 2.11 Bn
Dec 31, 2016 2.79 Bn
Sep 30, 2016 2.26 Bn
Jun 30, 2016 2.31 Bn
Mar 31, 2016 2.32 Bn
Dec 31, 2015 3.01 Bn
Sep 30, 2015 1.91 Bn
Jun 30, 2015 1.98 Bn
Mar 31, 2015 1.98 Bn
Sep 30, 2014 2.09 Bn
Jun 30, 2014 2.22 Bn
Mar 31, 2014 2.19 Bn
Sep 30, 2013 203.00 Mn
Jun 30, 2013 243.00 Mn
Mar 31, 2013 2.39 Bn
Sep 30, 2012 2.01 Bn
Jun 30, 2012 2.08 Bn
Mar 31, 2012 2.06 Bn
Sep 30, 2011 209.00 Mn
Jun 30, 2011 209.00 Mn
Mar 31, 2011 569.00 Mn
Dec 31, 2010 1.56 Bn
Sep 30, 2010 186.00 Mn
Jun 30, 2010 558.00 Mn
Mar 31, 2010 456.00 Mn
Dec 31, 2009 -5.54 Bn
Sep 30, 2009 492.00 Mn
Jun 30, 2009 477.00 Mn
Mar 31, 2009 2.04 Bn