Qvc (QVCPQ) Operating Margin (2009 - 2026)
Qvc (QVCPQ) reported Operating Margin of 0.77% for Q1 2026, up 10.0% year-over-year from 0.7% in Q1 2025, and down 79.88% on a QoQ basis from 3.81% in Q4 2025.
Qvc (QVCPQ) has 18 years of Operating Margin data on file, last reported at 0.77% in Q1 2026.
- Quarterly Operating Margin rose 10.0% year-over-year to 0.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.07% (down 1347.0% YoY) and the FY2025 annual result came in at 22.73%, down 1467.0% from the prior year.
- Operating Margin declined to 0.77% in Q1 2026 per QVCPQ's latest filing, from 3.81% in the prior quarter.
- Across five years, Operating Margin topped out at 45.32% in Q4 2022 and bottomed at 101.61% in Q2 2025.
- The 5-year median for Operating Margin is 3.81% (2025), against an average of 7.4%.
- The widest annual swing landed in 2023, when Operating Margin surged 10110 bps; it then plunged 10847 bps in 2025.
- Tracing QVCPQ's Operating Margin over 5 years: stood at 45.32% in 2022, then tumbled by 107 bps to 3.28% in 2023, then plunged by 1217 bps to 43.17% in 2024, then soared by 109 bps to 3.81% in 2025, then tumbled by 80 bps to 0.77% in 2026.
- Per Business Quant, the three latest QVCPQ Operating Margin figures stand at 0.77% (Q1 2026), 3.81% (Q4 2025), and 2.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn | 13.14% |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn | 6.91% |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn | 3.74% |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn | 22.37% |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn | 19.78% |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn | -2.85% |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn | 17.86% |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn | -0.38% |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn | 1.30% |
| 10 | Qvc | - | - | 669.00 Mn | 0.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.77% |
| Dec 31, 2025 | 3.81% |
| Sep 30, 2025 | 2.71% |
| Jun 30, 2025 | -101.61% |
| Mar 31, 2025 | 0.67% |
| Dec 31, 2024 | -43.17% |
| Sep 30, 2024 | 6.48% |
| Jun 30, 2024 | 6.86% |
| Mar 31, 2024 | 6.19% |
| Dec 31, 2023 | -3.28% |
| Sep 30, 2023 | 6.09% |
| Jun 30, 2023 | 13.82% |
| Mar 31, 2023 | 6.66% |
| Dec 31, 2022 | 45.32% |
| Sep 30, 2022 | -95.01% |
| Jun 30, 2022 | 14.16% |
| Mar 31, 2022 | 3.68% |
| Dec 31, 2021 | -23.31% |
| Sep 30, 2021 | 8.72% |
| Jun 30, 2021 | 12.36% |
| Mar 31, 2021 | 11.18% |
| Dec 31, 2020 | -18.44% |
| Sep 30, 2020 | 12.00% |
| Jun 30, 2020 | 11.84% |
| Mar 31, 2020 | 7.91% |
| Dec 31, 2019 | 6.88% |
| Sep 30, 2019 | -23.54% |
| Jun 30, 2019 | 10.80% |
| Mar 31, 2019 | 9.34% |
| Dec 31, 2018 | 9.94% |
| Sep 30, 2018 | 7.34% |
| Jun 30, 2018 | 11.07% |
| Mar 31, 2018 | 9.10% |
| Dec 31, 2017 | 11.00% |
| Sep 30, 2017 | 8.74% |
| Jun 30, 2017 | 10.80% |
| Mar 31, 2017 | 9.15% |
| Dec 31, 2016 | 11.76% |
| Sep 30, 2016 | 6.51% |
| Jun 30, 2016 | 9.75% |
| Mar 31, 2016 | 7.53% |
| Dec 31, 2015 | 10.80% |
| Sep 30, 2015 | 11.47% |
| Jun 30, 2015 | 11.94% |
| Mar 31, 2015 | 10.66% |
| Dec 31, 2014 | 13.65% |
| Sep 30, 2014 | 10.26% |
| Jun 30, 2014 | 10.43% |
| Mar 31, 2014 | 10.11% |
| Dec 31, 2013 | 12.72% |
| Sep 30, 2013 | 8.85% |
| Jun 30, 2013 | 11.28% |
| Mar 31, 2013 | 10.92% |
| Dec 31, 2012 | 11.67% |
| Sep 30, 2012 | 8.61% |
| Jun 30, 2012 | 12.26% |
| Mar 31, 2012 | 11.15% |
| Dec 31, 2011 | 13.25% |
| Sep 30, 2011 | 10.50% |
| Jun 30, 2011 | 12.83% |
| Mar 31, 2011 | 9.87% |
| Dec 31, 2010 | 13.72% |
| Sep 30, 2010 | 11.18% |
| Jun 30, 2010 | 13.35% |
| Mar 31, 2010 | 10.77% |
| Dec 31, 2009 | 11.01% |
| Sep 30, 2009 | 7.25% |
| Jun 30, 2009 | 13.23% |
| Mar 31, 2009 | 9.41% |