QVC Group, Inc. (QVCG) Operating Expenses (2012 - 2026)
Qvc's Operating Expenses was $1.7 billion in Q2 2026, down 60.0% from $4.26 billion a year earlier and down 0.6% from the prior quarter.
QVC Group, Inc. (QVCG) Operating Expenses (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Qvc's Operating Expenses was $7.59 billion through Jun 30, 2026, down 36.6% year-over-year; for FY2025, it came in at $10.31 billion, up 5.6% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $9.77 billion in FY2024 (+10.9%), $8.8 billion in FY2023 (-22.0%), $11.29 billion in FY2022 (+14.6%) and $9.85 billion in FY2021 (-0.6%).
- The Q2 2026 figure marks the lowest quarterly Operating Expenses since Q2 2017.
- Compared with a year earlier, Operating Expenses has declined for four straight quarters, with growth averaging 3.4% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q2 2025 (growth of 115.9%); the worst was Q2 2026 (a decline of 60.0%).
- Per Business Quant data, QVCG's Operating Expenses in the three quarters before Q2 2026 was $1.71 billion (Q1 2026), $2.29 billion (Q4 2025) and $1.89 billion (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.71 Bn |
| Dec 31, 2025 | 2.29 Bn |
| Sep 30, 2025 | 1.89 Bn |
| Jun 30, 2025 | 4.26 Bn |
| Mar 31, 2025 | 1.88 Bn |
| Dec 31, 2024 | 3.91 Bn |
| Sep 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 1.97 Bn |
| Mar 31, 2024 | 1.95 Bn |
| Dec 31, 2023 | 2.95 Bn |
| Sep 30, 2023 | 2.04 Bn |
| Jun 30, 2023 | 1.85 Bn |
| Mar 31, 2023 | 1.96 Bn |
| Dec 31, 2022 | 2.81 Bn |
| Sep 30, 2022 | 4.30 Bn |
| Jun 30, 2022 | 1.95 Bn |
| Mar 31, 2022 | 2.22 Bn |
| Dec 31, 2021 | 2.96 Bn |
| Sep 30, 2021 | 2.20 Bn |
QVC Group, Inc. Operating Expenses 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=operating-expenses&ticker=QVCG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=QVCG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();