QVC Group annual operating expenses
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QVC Group Operating Expenses Growth & History (QVCG)
QVC Group's operating expenses was $10.31B for fiscal 2025.
View full QVC Group company overviewQVC Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.31B | $543.0M | +5.56% |
| 2024 | 2024-12-31 | $9.77B | $963.0M | +10.94% |
| 2023 | 2023-12-31 | $8.80B | −$2.48B | −21.99% |
| 2022 | 2022-12-31 | $11.29B | $1.44B | +14.61% |
| 2021 | 2021-12-31 | $9.85B | −$58.0M | −0.59% |
| 2020 | 2020-12-31 | $9.90B | $246.0M | +2.55% |
| 2019 | 2019-12-31 | $9.66B | −$111.0M | −1.14% |
| 2018 | 2018-12-31 | $9.77B | $2.31B | +30.93% |
| 2017 | 2017-12-31 | $7.46B | −$17.0M | −0.23% |
| 2016 | 2016-12-31 | $7.48B | $11.0M | +0.15% |
| 2015 | 2015-12-31 | $7.47B | $5.49B | +278.13% |
| 2014 | 2014-12-31 | $1.98B | $62.0M | +3.24% |
| 2013 | 2013-12-31 | $1.91B | $84.0M | +4.59% |
| 2012 | 2012-12-31 | $1.83B | −$24.0M | −1.30% |
| 2011 | 2011-12-31 | $1.85B | — | — |
QVC Group quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.70B | −$2.55B | −59.99% |
| Q1 2026 | 2026-03-31 | $1.71B | −$163.0M | −8.69% |
| Q4 2025 | 2025-12-31 | $2.29B | −$1.63B | −41.57% |
| Q3 2025 | 2025-09-30 | $1.89B | −$37.0M | −1.92% |
| Q2 2025 | 2025-06-30 | $4.26B | $2.29B | +115.93% |
| Q1 2025 | 2025-03-31 | $1.88B | −$78.0M | −3.99% |
| Q4 2024 | 2024-12-31 | $3.91B | $963.0M | +32.63% |
| Q3 2024 | 2024-09-30 | $1.93B | −$112.0M | −5.49% |
| Q2 2024 | 2024-06-30 | $1.97B | $121.0M | +6.54% |
| Q1 2024 | 2024-03-31 | $1.95B | −$9.0M | −0.46% |
| Q4 2023 | 2023-12-31 | $2.95B | $140.0M | +4.98% |
| Q3 2023 | 2023-09-30 | $2.04B | −$2.26B | −52.57% |
| Q2 2023 | 2023-06-30 | $1.85B | −$100.0M | −5.13% |
| Q1 2023 | 2023-03-31 | $1.96B | −$261.0M | −11.74% |
| Q4 2022 | 2022-12-31 | $2.81B | −$153.0M | −5.16% |
| Q3 2022 | 2022-09-30 | $4.30B | $2.10B | +95.86% |
| Q2 2022 | 2022-06-30 | $1.95B | −$408.0M | −17.30% |
| Q1 2022 | 2022-03-31 | $2.22B | −$105.0M | −4.51% |
| Q4 2021 | 2021-12-31 | $2.96B | −$127.0M | −4.11% |
| Q3 2021 | 2021-09-30 | $2.20B | −$119.0M | −5.14% |
| Q2 2021 | 2021-06-30 | $2.36B | $16.0M | +0.68% |
| Q1 2021 | 2021-03-31 | $2.33B | $172.0M | +7.97% |
| Q4 2020 | 2020-12-31 | $3.09B | −$70.0M | −2.21% |
| Q3 2020 | 2020-09-30 | $2.31B | $141.0M | +6.49% |
| Q2 2020 | 2020-06-30 | $2.34B | $193.0M | +8.98% |
| Q1 2020 | 2020-03-31 | $2.16B | −$18.0M | −0.83% |
| Q4 2019 | 2019-12-31 | $3.16B | $67.0M | +2.17% |
| Q3 2019 | 2019-09-30 | $2.17B | −$90.0M | −3.98% |
| Q2 2019 | 2019-06-30 | $2.15B | −$17.0M | −0.78% |
| Q1 2019 | 2019-03-31 | $2.17B | −$71.0M | −3.16% |
| Q4 2018 | 2018-12-31 | $3.09B | $735.0M | +31.16% |
| Q3 2018 | 2018-09-30 | $2.26B | $528.0M | +30.41% |
| Q2 2018 | 2018-06-30 | $2.17B | $493.0M | +29.47% |
| Q1 2018 | 2018-03-31 | $2.25B | $552.0M | +32.59% |
| Q4 2017 | 2017-12-31 | $2.36B | −$3.71B | −61.14% |
| Q3 2017 | 2017-09-30 | $1.74B | $1.27B | +272.53% |
| Q2 2017 | 2017-06-30 | $1.67B | $1.20B | +255.20% |
| Q1 2017 | 2017-03-31 | $1.69B | $1.22B | +258.90% |
| Q4 2016 | 2016-12-31 | $6.07B | $4.0M | +0.07% |
| Q3 2016 | 2016-09-30 | $466.0M | $5.0M | +1.08% |
| Q2 2016 | 2016-06-30 | $471.0M | $1.0M | +0.21% |
| Q1 2016 | 2016-03-31 | $472.0M | $1.0M | +0.21% |
| Q4 2015 | 2015-12-31 | $6.07B | $5.52B | +1008.96% |
| Q3 2015 | 2015-09-30 | $461.0M | −$17.0M | −3.56% |
| Q2 2015 | 2015-06-30 | $470.0M | −$10.0M | −2.08% |
| Q1 2015 | 2015-03-31 | $471.0M | $1.0M | +0.21% |
| Q4 2014 | 2014-12-31 | $547.0M | $11.0M | +2.05% |
| Q3 2014 | 2014-09-30 | $478.0M | $12.0M | +2.58% |
| Q2 2014 | 2014-06-30 | $480.0M | $31.0M | +6.90% |
| Q1 2014 | 2014-03-31 | $470.0M | $8.0M | +1.73% |
| Q4 2013 | 2013-12-31 | $536.0M | $32.0M | +6.35% |
| Q3 2013 | 2013-09-30 | $466.0M | $24.0M | +5.43% |
| Q2 2013 | 2013-06-30 | $449.0M | $10.0M | +2.28% |
| Q1 2013 | 2013-03-31 | $462.0M | $18.0M | +4.05% |
| Q4 2012 | 2012-12-31 | $504.0M | — | — |
| Q3 2012 | 2012-09-30 | $442.0M | — | — |
| Q2 2012 | 2012-06-30 | $439.0M | — | — |
| Q1 2012 | 2012-03-31 | $444.0M | — | — |
QVC Group operating expenses trends
Over the last five fiscal years, QVC Group's operating expenses increased from $9.90B to $10.31B, a change of $405.0M. The latest reported quarter, Q2 2026, shows $1.70B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review QVC Group source filings ↗