Qvc (QVCCQ) Operating Margin (2012 - 2026)

Qvc (QVCCQ) has 15 years of Operating Margin data on file, last reported at 3.17% in Q1 2026.

• Operating Margin for Q1 2026 came in at 3.17%, up 164.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.4% (down 1418.0% YoY), and the FY2025 annual result was 24.32%, down 1576.0% from the prior year.
• Operating Margin slipped to 3.17% in Q1 2026 per QVCCQ's latest filing, from 5.57% in the prior quarter.
• Over five years, Operating Margin peaked at 18.48% in Q2 2022 and troughed at 114.52% in Q2 2025.
• A 5-year average of 9.39% and a median of 5.52% in 2022 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2023 and 2025: Operating Margin surged 10102 bps in 2023, then plunged 12215 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 3.86% in 2022, then plunged by 203 bps to 3.98% in 2023, then slumped by 1084 bps to 47.14% in 2024, then soared by 112 bps to 5.57% in 2025, then sank by 43 bps to 3.17% in 2026.
• Business Quant data shows QVCCQ's Operating Margin at 3.17% in Q1 2026, 5.57% in Q4 2025, and 4.59% in Q3 2025.