QVC Group, Inc. (QVCG) Gross Margin (2012 - 2026)

Qvc (QVCG) has reported Gross Margin for 15 consecutive years, with 34.05% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 138.0% year-over-year to 34.05% in Q2 2026; TTM through Jun 2026 was 33.27%, a 65.0% decrease from a year earlier, with the FY2025 full-year figure at 33.62%, down 75.0% from the prior year.
• Gross Margin was 34.05% for Q2 2026 at Qvc, up from 33.3% in the prior quarter.
• Over five years, Gross Margin peaked at 35.61% in Q2 2024 and troughed at 29.17% in Q4 2022.
• A 5-year average of 33.22% and a median of 33.29% in 2025 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin slumped 484 bps in 2022 and soared 393 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 29.17% in 2022, then gained by 13 bps to 32.88% in 2023, then declined by 1 bps to 32.63% in 2024, then retreated by 1 bps to 32.45% in 2025, then increased by 5 bps to 34.05% in 2026.
• The last three Gross Margin figures came in at 34.05% (Q2 2026), 33.3% (Q1 2026), and 32.45% (Q4 2025), per Business Quant data.