QVC Group, Inc. (QVCG) Operating Margin (2012 - 2026)
Qvc (QVCG) posted Operating Margin of 3.51% for Q2 2026, up 118.03 percentage points from -114.52% a year earlier and up 0.35 percentage points from the prior quarter.
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QVC Group, Inc. (QVCG) Operating Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Qvc was 4.33%, up 42.91 percentage points year-over-year; for FY2025, it came in at -24.32%, down 15.76 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -37.98 percentage points (FY2020 to FY2025).
- In prior years, Qvc's Operating Margin was -8.56% in FY2024 (-15.38 pp), 6.83% in FY2023 (+20.98 pp), -14.15% in FY2022 (-27.42 pp) and 13.27% in FY2021 (-0.39 pp).
- Quarterly Operating Margin has run from a low of -114.52% in Q2 2025 to a high of 18.48% in Q2 2022 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last three quarters, with an average year-over-year change of -0.16 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2026, with a gain of 118.03 percentage points; the weakest was Q2 2025, with a drop of 122.15 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 3.17% (Q1 2026), 5.57% (Q4 2025) and 4.59% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51% |
| 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% |
API Access
QVC Group, Inc. Operating 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=operating-margin&ticker=QVCG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=QVCG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();