QVC Group, Inc. (QVCPQ) Gross Margin (2009 - 2026)

Qvc has disclosed Gross Margin across 18 years of filings, most recently posting 34.18% for Q1 2026.

• In Q1 2026, Gross Margin rose 3.0% year-over-year to 34.18%; the TTM figure through Mar 2026 stood at 34.32% (down 39.0% YoY), while the FY2025 annual figure was 34.3%, down 70.0% from the prior year.
• Gross Margin grew to 34.18% in Q1 2026, from 32.95% in the prior quarter.
• Over the last five years, Gross Margin for QVCPQ reached as high as 36.4% in Q2 2025 and fell as low as 28.19% in Q4 2022.
• The 5-year median for Gross Margin is 33.98% (2025), against an average of 33.5%.
• Annual changes were most pronounced in 2022 — Gross Margin tumbled 463 bps — and 2023, when it jumped 550 bps.
• A 5-year view of Gross Margin shows it stood at 28.19% in 2022, then rose by 20 bps to 33.69% in 2023, then declined by 1 bps to 33.29% in 2024, then decreased by 1 bps to 32.95% in 2025, then grew by 4 bps to 34.18% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 34.18%, 32.95%, and 33.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.