Qvc (QVCCQ) Operating Margin (2012 - 2026)

Qvc's (QVCCQ) quarterly Operating Margin came in at 3.17% in Q1 2026, up 164.0% year-on-year from 1.2% in Q1 2025, and down 43.21% on a QoQ basis from 5.57% in Q4 2025.

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

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

  • On a quarterly basis, Operating Margin rose 164.0% year-over-year to 3.17% in Q1 2026; TTM through Mar 2026 was 24.4%, a 1418.0% decrease from a year earlier, with the FY2025 full-year figure at 24.32%, down 1576.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 3.17%, down from 5.57% in the prior quarter.
  • Over the last five years, Operating Margin for QVCCQ reached as high as 18.48% in Q2 2022 and fell as low as 114.52% in Q2 2025.
  • Historically, Operating Margin has averaged 9.39% across 5 years, with a median of 5.52% in 2022.
  • Across the five-year window, Operating Margin soared 10102 bps in 2023 and slumped 12215 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 3.86% in 2022, then sank by 203 bps to 3.98% in 2023, then tumbled by 1084 bps to 47.14% in 2024, then soared by 112 bps to 5.57% in 2025, then slumped by 43 bps to 3.17% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 3.17% in Q1 2026, 5.57% in Q4 2025, and 4.59% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 3.17%
Dec 31, 2025 5.57%
Sep 30, 2025 4.59%
Jun 30, 2025 -114.52%
Mar 31, 2025 1.52%
Dec 31, 2024 -47.14%
Sep 30, 2024 7.84%
Jun 30, 2024 7.64%
Mar 31, 2024 7.44%
Dec 31, 2023 -3.98%
Sep 30, 2023 7.02%
Jun 30, 2023 16.82%
Mar 31, 2023 10.49%
Dec 31, 2022 3.86%
Sep 30, 2022 -94.00%
Jun 30, 2022 18.48%
Mar 31, 2022 5.52%
Dec 31, 2021 11.58%
Sep 30, 2021 12.58%
Jun 30, 2021 15.18%