Flagship explainer
How QVC, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $8.3B | 100% |
| |
| Cost of revenue | $5.5B | 66% |
|
| $2.8B | 34% |
| |
| −$2.0B | −24% |
| |
| Income before tax | −$2.3B | −27% |
|
| Income tax | −$153M | −2% |
|
| −$2.2B | −26% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001254699-26-000004