Qvc (QVCG) Gross Margin (2012 - 2026)
Qvc (QVCG) posted Gross Margin of 34.05% for Q2 2026, down 1.38 percentage points from 35.43% a year earlier but up 0.76 percentage points from the prior quarter.
Qvc (QVCG) Gross Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Qvc was 33.27%, down 0.65 percentage points year-over-year; for FY2025, it was 33.62%, down 0.75 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -1.72 percentage points (FY2020 to FY2025).
- In prior years, Qvc's Gross Margin was 34.37% in FY2024 (+0.75 pp), 33.61% in FY2023 (+2.85 pp), 30.76% in FY2022 (-4.35 pp) and 35.11% in FY2021 (-0.23 pp).
- Quarterly Gross Margin has run from a low of 29.17% in Q4 2022 to a high of 35.63% in Q3 2021 over five years.
- On a year-over-year basis, Gross Margin increased in 1 of the last eight quarters, with an average year-over-year change of -0.65 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 3.93 percentage points; the weakest was Q1 2022, with a drop of 4.84 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 33.30% (Q1 2026), 32.45% (Q4 2025) and 33.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,979.57 Bn | 2,476.24 Bn | 107.37 Bn | 53.17% |
| 2 | Home Depot | 350.34 Bn | 343.58 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 150.76 Bn | 128.31 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 130.11 Bn | 123.07 Bn | 8.58 Bn | 33.04% |
| 5 | Carvana | 80.38 Bn | 71.27 Bn | 1.52 Bn | 18.92% |
| 6 | Ross Stores | 76.38 Bn | 59.31 Bn | 2.12 Bn | 33.83% |
| 7 | Target | 73.52 Bn | 68.11 Bn | 8.94 Bn | 33.67% |
| 8 | O Reilly Automotive | 71.92 Bn | 71.02 Bn | 2.68 Bn | 52.39% |
| 9 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 53.34% |
| 10 | Qvc | 409.53 | -5.08 Bn | 601.00 Mn | 34.05% |
Historic 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% |
Qvc Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=QVCG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "QVCG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=QVCG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();