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

Qvc (QVCG) has reported Operating Margin for 15 consecutive years, with 3.51% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin rose 11803.0% year-over-year to 3.51% in Q2 2026; TTM through Jun 2026 was 4.33%, a 4291.0% increase from a year earlier, with the FY2025 full-year figure at 24.32%, down 1576.0% from the prior year.
• Operating Margin was 3.51% for Q2 2026 at Qvc, up from 3.17% 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 8.68% and a median of 5.06% in 2022 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin sank 12215 bps in 2025 and surged 11803 bps in 2026, its largest moves.
• Over 5 years, 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 surged by 112 bps to 5.57% in 2025, then slumped by 37 bps to 3.51% in 2026.
• The last three Operating Margin figures came in at 3.51% (Q2 2026), 3.17% (Q1 2026), and 5.57% (Q4 2025), per Business Quant data.