Qvc (QVCAQ) Operating Expenses (2009 - 2026)
Qvc (QVCAQ) posted quarterly Operating Expenses of $1.9 billion for Q1 2026, down 7.13% year-over-year from $2.1 billion in Q1 2025, and down 24.58% quarter-over-quarter from $2.6 billion in Q4 2025.
Qvc (QVCAQ) Operating Expenses (2009 - 2026) Analysis & Trends
Qvc (QVCAQ) has reported Operating Expenses for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 7.13% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $9.2 billion (up 36.59% YoY), while the FY2025 annual figure was $11.3 billion, up 1443.32% from the prior year.
- Operating Expenses declined to $1.9 billion in Q1 2026 per QVCAQ's latest filing, from $2.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $5.4 billion in Q3 2022 and bottomed at $162.0 million in Q3 2025.
- Historically, Operating Expenses has averaged $2.5 billion across 5 years, with a median of $2.3 billion in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 93.81% — and 2025, when it jumped 1181.09%.
- Qvc's Operating Expenses stood at $3.5 billion in 2022, then fell by 6.83% to $3.2 billion in 2023, then sank by 93.81% to $201.0 million in 2024, then surged by 1181.09% to $2.6 billion in 2025, then decreased by 24.58% to $1.9 billion in 2026.
- Business Quant data shows QVCAQ's Operating Expenses at $1.9 billion in Q1 2026, $2.6 billion in Q4 2025, and $162.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,937.24 Bn | 2,814.26 Bn | 198.88 Bn | 330.81 Bn |
| 2 | PDD Holdings | 507.38 Bn | 447.83 Bn | 9.83 Bn | -5.87 Bn |
| 3 | Mercadolibre | 97.62 Bn | 82.42 Bn | 4.16 Bn | 3.48 Bn |
| 4 | DoorDash | 93.09 Bn | 87.74 Bn | 2.35 Bn | 4.30 Bn |
| 5 | JD.com | 87.42 Bn | 58.24 Bn | 7.66 Bn | -1.51 Bn |
| 6 | Sea | 78.05 Bn | 69.53 Bn | 3.15 Bn | -2.55 Bn |
| 7 | Ebay | 47.72 Bn | 44.41 Bn | 2.30 Bn | 1.63 Bn |
| 8 | Coupang | 29.89 Bn | 23.78 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | -23.28 Mn |
| 10 | Qvc | 158,237.38 | -1.28 Bn | 705.00 Mn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Bn |
| Mar 31, 2026 | 1.94 Bn |
| Dec 31, 2025 | 2.58 Bn |
| Sep 30, 2025 | 162.00 Mn |
| Jun 30, 2025 | 4.51 Bn |
| Mar 31, 2025 | 2.09 Bn |
| Dec 31, 2024 | 201.00 Mn |
| Sep 30, 2024 | 2.19 Bn |
| Jun 30, 2024 | 2.24 Bn |
| Mar 31, 2024 | 2.20 Bn |
| Dec 31, 2023 | 3.25 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 |