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Filing Flows › QVC Group (QVCG) › Q1 2026 › vs Q1 2025

QVC Group (QVCG) Q1 2026 vs Q1 2025 (year over year)

QVC Group's revenue fell $136M (-7%) from $1.9B in Q1 2025 to $1.8B in Q1 2026. The biggest changes: Home −$41.0M (-5%); Beauty −$37.0M (-11%); Electronics −$25.0M (-24%).

QVC Group, Q1 2026: revenue $1.8B (-7% year over year), operating margin 3.2%, net loss $16.0M, operating cash flow −$98.0M. The chart draws each line against Q1 2025, the increases inside each band.

QVC Group: what changed, Q1 2026 vs Q1 2025QVC Group: what changed, Q1 2026 vs Q1 2025Operating costs−$163MCosts & expenses−$155MCash used in operations$144MWorking capital & other$136MOperating cash sources$123MCost of revenue−$91.0MOperating expenses−$72.0MHome−$41.0MBeauty−$37.0MElectronics−$25.0M

Every line

LineQ1 2026Q1 2025Change%
Home$720M$761M−$41.0M-5%
Apparel$343M$357M−$14.0M-4%
Beauty$294M$331M−$37.0M-11%
Accessories$195M$219M−$24.0M-11%
Jewelry$102M$96.0M$6.0M+6%
Electronics$79.0M$104M−$25.0M-24%
Other revenue$36.0M$37.0M−$1.0M-3%
Revenue$1.8B$1.9B−$136M-7%
Net loss$16.0M$33.0M−$17.0M-52%
Costs & expenses$1.8B$1.9B−$155M-8%
Operating costs$1.7B$1.9B−$163M-9%
Interest & other, net$64.0M$64.0M$00%
Income tax$8.0M−$2.0M$10.0M—
Cost of revenue$1.2B$1.3B−$91.0M-7%
Operating expenses$533M$605M−$72.0M-12%
Operating cash sources$172M$49.0M$123M+251%
Depreciation & amortization$74.0M$95.0M−$21.0M-22%
Cash used in operations$98.0M−$46.0M$144M—
Net loss absorbed$16.0M$33.0M−$17.0M-52%
Working capital & other$156M$20.0M$136M+680%

Questions

How much did QVC Group's revenue grow year over year in Q1 2026?

QVC Group's revenue fell $136M (-7%) from $1.9B in Q1 2025 to $1.8B in Q1 2026.

What drove QVC Group's revenue change in Q1 2026?

Home −$41.0M (-5%); Beauty −$37.0M (-11%); Electronics −$25.0M (-24%).

Q1 2026 results → · Compare in the interactive Sankey →