QVC Group annual net debt
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2025
QVC Group Net Debt Growth & History (QVCG)
QVC Group's net debt was $4.01B for fiscal 2025.
View full QVC Group company overviewQVC Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.01B | −$88.0M | −2.14% |
| 2024 | 2024-12-31 | $4.10B | −$442.0M | −9.72% |
| 2023 | 2023-12-31 | $4.54B | −$451.0M | −9.03% |
| 2022 | 2022-12-31 | $5.00B | $103.0M | +2.11% |
| 2021 | 2021-12-31 | $4.89B | $228.0M | +4.89% |
| 2020 | 2020-12-31 | $4.67B | −$292.0M | −5.89% |
| 2019 | 2019-12-31 | $4.96B | $801.0M | +19.27% |
| 2018 | 2018-12-31 | $4.16B | −$1.20B | −22.33% |
| 2017 | 2017-12-31 | $5.35B | $360.0M | +7.21% |
| 2016 | 2016-12-31 | $4.99B | −$75.0M | −1.48% |
| 2015 | 2015-12-31 | $5.07B | $784.0M | +18.31% |
| 2014 | 2014-12-31 | $4.28B | $816.0M | +23.54% |
| 2013 | 2013-12-31 | $3.47B | $529.0M | +18.01% |
| 2012 | 2012-12-31 | $2.94B | — | — |
QVC Group quarterly net debt
Q4.12
Q1.13
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Q3.13
Q4.13
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Q3.18
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Q2.23
Q3.23
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Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.98B | −$177.0M | −4.25% |
| Q1 2026 | 2026-03-31 | $4.06B | −$68.0M | −1.65% |
| Q4 2025 | 2025-12-31 | $4.01B | −$88.0M | −2.14% |
| Q3 2025 | 2025-09-30 | $4.12B | −$60.0M | −1.44% |
| Q2 2025 | 2025-06-30 | $4.16B | −$287.0M | −6.45% |
| Q1 2025 | 2025-03-31 | $4.13B | −$400.0M | −8.84% |
| Q4 2024 | 2024-12-31 | $4.10B | −$442.0M | −9.72% |
| Q3 2024 | 2024-09-30 | $4.17B | −$452.0M | −9.77% |
| Q2 2024 | 2024-06-30 | $4.45B | −$249.0M | −5.30% |
| Q1 2024 | 2024-03-31 | $4.53B | −$462.0M | −9.26% |
| Q4 2023 | 2023-12-31 | $4.54B | −$451.0M | −9.03% |
| Q3 2023 | 2023-09-30 | $4.63B | $381.0M | +8.97% |
| Q2 2023 | 2023-06-30 | $4.70B | −$11.0M | −0.23% |
| Q1 2023 | 2023-03-31 | $4.99B | −$116.0M | −2.27% |
| Q4 2022 | 2022-12-31 | $5.00B | $103.0M | +2.11% |
| Q3 2022 | 2022-09-30 | $4.25B | −$609.0M | −12.54% |
| Q2 2022 | 2022-06-30 | $4.71B | $10.0M | +0.21% |
| Q1 2022 | 2022-03-31 | $5.11B | $365.0M | +7.70% |
| Q4 2021 | 2021-12-31 | $4.89B | $228.0M | +4.89% |
| Q3 2021 | 2021-09-30 | $4.86B | $665.0M | +15.87% |
| Q2 2021 | 2021-06-30 | $4.70B | $722.0M | +18.15% |
| Q1 2021 | 2021-03-31 | $4.74B | $123.0M | +2.66% |
| Q4 2020 | 2020-12-31 | $4.67B | −$292.0M | −5.89% |
| Q3 2020 | 2020-09-30 | $4.19B | −$601.0M | −12.54% |
| Q2 2020 | 2020-06-30 | $3.98B | −$813.0M | −16.97% |
| Q1 2020 | 2020-03-31 | $4.62B | $86.0M | +1.90% |
| Q4 2019 | 2019-12-31 | $4.96B | $801.0M | +19.27% |
| Q3 2019 | 2019-09-30 | $4.79B | $996.0M | +26.25% |
| Q2 2019 | 2019-06-30 | $4.79B | $652.0M | +15.76% |
| Q1 2019 | 2019-03-31 | $4.53B | −$219.0M | −4.61% |
| Q4 2018 | 2018-12-31 | $4.16B | −$1.20B | −22.33% |
| Q3 2018 | 2018-09-30 | $3.79B | −$935.0M | −19.77% |
| Q2 2018 | 2018-06-30 | $4.14B | −$531.0M | −11.37% |
| Q1 2018 | 2018-03-31 | $4.75B | −$14.0M | −0.29% |
| Q4 2017 | 2017-12-31 | $5.35B | $360.0M | +7.21% |
| Q3 2017 | 2017-09-30 | $4.73B | −$205.0M | −4.15% |
| Q2 2017 | 2017-06-30 | $4.67B | −$254.0M | −5.16% |
| Q1 2017 | 2017-03-31 | $4.76B | −$347.0M | −6.79% |
| Q4 2016 | 2016-12-31 | $4.99B | −$75.0M | −1.48% |
| Q3 2016 | 2016-09-30 | $4.93B | $755.0M | +18.06% |
| Q2 2016 | 2016-06-30 | $4.92B | $852.0M | +20.93% |
| Q1 2016 | 2016-03-31 | $5.11B | $949.0M | +22.80% |
| Q4 2015 | 2015-12-31 | $5.07B | $784.0M | +18.31% |
| Q3 2015 | 2015-09-30 | $4.18B | $621.0M | +17.45% |
| Q2 2015 | 2015-06-30 | $4.07B | $671.0M | +19.74% |
| Q1 2015 | 2015-03-31 | $4.16B | $710.0M | +20.57% |
| Q4 2014 | 2014-12-31 | $4.28B | $816.0M | +23.54% |
| Q3 2014 | 2014-09-30 | $3.56B | $66.0M | +1.89% |
| Q2 2014 | 2014-06-30 | $3.40B | −$65.0M | −1.88% |
| Q1 2014 | 2014-03-31 | $3.45B | $295.0M | +9.34% |
| Q4 2013 | 2013-12-31 | $3.47B | $529.0M | +18.01% |
| Q3 2013 | 2013-09-30 | $3.49B | — | — |
| Q2 2013 | 2013-06-30 | $3.46B | — | — |
| Q1 2013 | 2013-03-31 | $3.16B | — | — |
| Q4 2012 | 2012-12-31 | $2.94B | — | — |
QVC Group net debt trends
Over the last five fiscal years, QVC Group's net debt decreased from $4.67B to $4.01B, a change of −$650.0M. The latest reported quarter, Q2 2026, shows $3.98B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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