QVC Group annual gross margin
2011
2012
2013
2014
2015
2016
2022
2023
2024
2025
QVC Group Gross Margin Growth & History (QVCG)
QVC Group's gross margin was 33.62% for fiscal 2025.
View full QVC Group company overviewQVC Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 33.62% | −0.75 pp |
| 2024 | 2024-12-31 | 34.37% | +0.75 pp |
| 2023 | 2023-12-31 | 33.61% | +1.89 pp |
| 2022 | 2022-12-31 | 31.72% | −4.47 pp |
| 2016 | 2016-12-31 | 36.19% | −0.58 pp |
| 2015 | 2015-12-31 | 36.77% | −0.20 pp |
| 2014 | 2014-12-31 | 36.97% | +0.35 pp |
| 2013 | 2013-12-31 | 36.62% | +0.26 pp |
| 2012 | 2012-12-31 | 36.37% | +0.20 pp |
| 2011 | 2011-12-31 | 36.16% | — |
QVC Group quarterly gross margin
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 34.05% | −1.38 pp |
| Q1 2026 | 2026-03-31 | 33.30% | +0.01 pp |
| Q4 2025 | 2025-12-31 | 32.45% | −0.18 pp |
| Q3 2025 | 2025-09-30 | 33.55% | −1.15 pp |
| Q2 2025 | 2025-06-30 | 35.43% | −0.18 pp |
| Q1 2025 | 2025-03-31 | 33.28% | −1.68 pp |
| Q4 2024 | 2024-12-31 | 32.63% | −3.59 pp |
| Q3 2024 | 2024-09-30 | 34.70% | −3.14 pp |
| Q2 2024 | 2024-06-30 | 35.61% | −1.13 pp |
| Q1 2024 | 2024-03-31 | 34.96% | −0.18 pp |
| Q3 2017 | 2017-09-30 | 36.22% | +0.44 pp |
| Q2 2017 | 2017-06-30 | 37.85% | +0.14 pp |
| Q1 2017 | 2017-03-31 | 36.74% | +0.33 pp |
| Q4 2016 | 2016-12-31 | 35.14% | −0.33 pp |
| Q3 2016 | 2016-09-30 | 35.78% | −1.14 pp |
| Q2 2016 | 2016-06-30 | 37.71% | −0.53 pp |
| Q1 2016 | 2016-03-31 | 36.41% | −0.58 pp |
| Q4 2015 | 2015-12-31 | 35.46% | −0.71 pp |
| Q3 2015 | 2015-09-30 | 36.92% | −0.41 pp |
| Q2 2015 | 2015-06-30 | 38.24% | +0.30 pp |
| Q1 2015 | 2015-03-31 | 37.00% | +0.24 pp |
| Q4 2014 | 2014-12-31 | 36.17% | +0.53 pp |
| Q3 2014 | 2014-09-30 | 37.33% | +0.09 pp |
| Q2 2014 | 2014-06-30 | 37.93% | +0.50 pp |
| Q1 2014 | 2014-03-31 | 36.76% | +0.18 pp |
| Q4 2013 | 2013-12-31 | 35.64% | +0.24 pp |
| Q3 2013 | 2013-09-30 | 37.24% | +0.64 pp |
| Q2 2013 | 2013-06-30 | 37.43% | −0.06 pp |
| Q1 2013 | 2013-03-31 | 36.58% | +0.24 pp |
| Q4 2012 | 2012-12-31 | 35.40% | — |
| Q3 2012 | 2012-09-30 | 36.60% | — |
| Q2 2012 | 2012-06-30 | 37.49% | — |
| Q1 2012 | 2012-03-31 | 36.34% | — |
QVC Group gross margin trends
Over the last five reported fiscal years, QVC Group's gross margin decreased from 36.77% to 33.62%, a change of −3.15 percentage points. The latest reported quarter, Q2 2026, shows 34.05%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review QVC Group filings at SEC.gov ↗