Old QVC (QVCAQ) Operating Expenses (2009 - 2026)
Old QVC (QVCAQ) reported Operating Expenses of $1.95 billion for Q2 2026, down 56.8% from $4.51 billion a year earlier but up 0.3% from the prior quarter.
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Analysis
Old QVC (QVCAQ) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Old QVC's Operating Expenses came in at $8.62 billion, down 33.7% year-over-year; for FY2025, it was $11.33 billion, up 4.4% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- By year, Operating Expenses came in at $10.85 billion in FY2024 (+5.0%), $10.33 billion in FY2023 (-27.0%), $14.15 billion in FY2022 (+9.2%) and $12.96 billion in FY2021 (+2.8%).
- Five-year quarterly Operating Expenses spans a low of $1.94 billion in Q1 2026 and a high of $5.35 billion in Q3 2022.
- Year over year, Operating Expenses has now declined in each of the last four quarters, with growth averaging 2.0% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q2 2025 (growth of 101.1%); the low point was Q2 2026 (a decline of 56.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.94 billion (Q1 2026), $2.58 billion (Q4 2025) and $2.15 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 173.15 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 9.28 Bn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 3.09 Bn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 4.46 Bn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 1.02 Bn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 5.73 Bn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 1.53 Bn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 704.00 Mn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 1.60 Bn |
| 10 | Old QVC | 237,356.06 | -6.76 Bn | 705.00 Mn | 1.95 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Bn |
| Mar 31, 2026 | 1.94 Bn |
| 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 | 4.22 Bn |
| 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 |
API Access
Old QVC Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=QVCAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "QVCAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=QVCAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();