Qvc (QVCCQ) Gross Margin (2012 - 2026)

Qvc's (QVCCQ) quarterly Gross Margin came in at 33.3% in Q1 2026, up 1.0% year-on-year from 32.97% in Q1 2025, and up 2.6% on a QoQ basis from 32.45% in Q4 2025.

Qvc (QVCCQ) Gross Margin (2012 - 2026) Analysis & Trends

Qvc (QVCCQ) has 15 years of Gross Margin data on file, last reported at 33.3% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 1.0% year-over-year to 33.3% in Q1 2026; TTM through Mar 2026 was 33.63%, a 36.0% decrease from a year earlier, with the FY2025 full-year figure at 33.62%, down 75.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 33.3%, up from 32.45% in the prior quarter.
  • Over the last five years, Gross Margin for QVCCQ reached as high as 35.61% in Q2 2024 and fell as low as 29.17% in Q4 2022.
  • Historically, Gross Margin has averaged 33.18% across 5 years, with a median of 33.28% in 2025.
  • Across the five-year window, Gross Margin tumbled 484 bps in 2022 and surged 393 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 29.17% in 2022, then increased by 13 bps to 32.88% in 2023, then slipped by 1 bps to 32.63% in 2024, then declined by 1 bps to 32.45% in 2025, then increased by 3 bps to 33.3% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 33.3% in Q1 2026, 32.45% in Q4 2025, and 33.55% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 36.87%