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How QVC Group (QVCG) makes money

QVC Group (QVCG) made $1.8B of revenue in the second quarter 2026 (Q2 2026), -11% from a year earlier. Home brought in $695M (39%); Apparel brought in $374M (21%); Beauty brought in $299M (17%).

Drawing the Sankey…

QVC Group revenue by segment, Q2 2026QVC Group revenue by segment, Q2 2026Home$695MApparel$374MBeauty$299MAccessories$203MJewelry$98.0MElectronics$60.0MOther revenue$36.0M
QVC Group: revenue by line, Q4 2024 to Q2 2026QVC Group: revenue by line, Q4 2024 to Q2 2026HomeApparelBeautyAccessoriesElectronicsJewelryOther revenueHome: $695M latest$695MApparel: $374M latest$374MBeauty: $299M latest$299MAccessories: $203M latest$203MElectronics: $60.0M latestJewelry: $98.0M latestOther revenue: $36.0M latestQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Electronics went from 10% of revenue in Q4 2024 to 3% in Q2 2026, the largest shift in the mix.
QVC Group revenue by quarterQVC Group revenue by quarter$2.7BQ4 2024$1.9BQ1 2025$2.0BQ2 2025$2.0BQ3 2025$2.4BQ4 2025$1.8BQ1 2026$1.8BQ2 2026
QVC Group: where each dollar of revenue goesQVC Group: where each dollar of revenue goesIncome tax1¢Operating cash flow9¢Free cash flow7¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Home$695M39.4%-3%-9%
Apparel$374M21.2%+9%-9%
Beauty$299M16.9%+2%-14%
Accessories$203M11.5%+4%-14%
Jewelry$98.0M5.6%-4%-1%
Electronics$60.0M3.4%-24%-35%
Other revenue$36.0M2.0%0%-10%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$1.8B100.0%
Income tax$18.0M1.0%
Operating cash flow$154M8.7%
Free cash flow$121M6.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$1.8B-11%
Q1 2026$1.8B-7%
Q4 2025$2.4B-9%
Q3 2025$2.0B-5%
Q2 2025$2.0B-7%
Q1 2025$1.9B-10%
Q4 2024$2.7B-6%

From QVC Group's 10-Q filed Aug 4, 2026 (on EDGAR).

Questions

How does QVC Group make money?

QVC Group (QVCG) made $1.8B of revenue in the second quarter 2026 (Q2 2026), -11% from a year earlier. Home brought in $695M (39%); Apparel brought in $374M (21%); Beauty brought in $299M (17%).

What is QVC Group's biggest business?

Home: $695M in the second quarter 2026, 39% of revenue, -9% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.