Qvc Inc (QVCCQ) Gross Margin (2012 - 2026)
Qvc (QVCCQ) posted quarterly Gross Margin of 33.3% for Q1 2026, up 1.0% year-over-year from 32.97% in Q1 2025, and up 2.6% quarter-over-quarter from 32.45% in Q4 2025.
Qvc Inc (QVCCQ) Gross Margin (2012 - 2026) Analysis & Trends
Qvc (QVCCQ) has reported Gross Margin for 15 consecutive years, with 33.3% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 1.0% year-over-year to 33.3%; the TTM figure through Mar 2026 stood at 33.63% (down 36.0% YoY), while the FY2025 annual figure was 33.62%, down 75.0% from the prior year.
- Gross Margin grew to 33.3% in Q1 2026 per QVCCQ's latest filing, from 32.45% in the prior quarter.
- Across five years, Gross Margin topped out at 35.61% in Q2 2024 and bottomed at 29.17% in Q4 2022.
- Historically, Gross Margin has averaged 33.18% across 5 years, with a median of 33.28% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin sank 484 bps — and 2023, when it jumped 393 bps.
- Qvc's Gross Margin stood at 29.17% in 2022, then climbed by 13 bps to 32.88% in 2023, then retreated by 1 bps to 32.63% in 2024, then slipped by 1 bps to 32.45% in 2025, then climbed by 3 bps to 33.3% in 2026.
- Business Quant data shows QVCCQ's Gross Margin at 33.3% in Q1 2026, 32.45% in Q4 2025, and 33.55% in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.05% |
| Mar 31, 2026 | 33.30% |
| Dec 31, 2025 | 32.45% |
| Sep 30, 2025 | 33.55% |
| Jun 30, 2025 | 35.43% |
| Mar 31, 2025 | 33.28% |
| Dec 31, 2024 | 32.63% |
| Sep 30, 2024 | 34.70% |
| Jun 30, 2024 | 35.61% |
| Mar 31, 2024 | 34.96% |
| Dec 31, 2023 | 32.88% |
| Sep 30, 2023 | 35.10% |
| Jun 30, 2023 | 34.53% |
| Mar 31, 2023 | 32.15% |
| Dec 31, 2022 | 29.17% |
| Sep 30, 2022 | 31.17% |
| Jun 30, 2022 | 32.78% |
| Mar 31, 2022 | 30.29% |
| Dec 31, 2021 | 33.23% |
| Sep 30, 2021 | 35.63% |