QVC Group, Inc. (QVCG) Income Statement
QVCG 2021 at a glance
Fiscal year ended December 31, 2021 · U.S. dollarsQVCG revenue and net income
Where QVCG's revenue goes
2021Each bar shows an amount and its share of revenue. QVCG kept 6.9% of revenue as net income.
QVCG profit margins
QVCG growth rates
to 2021| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
QVCG income statement
| 2021 | |
|---|---|
| Revenue | $11.35B |
| Cost of revenue | $7.37B |
| Gross profit | $3.99B |
| Sales, general & admin | $1.24B |
| Total operating expenses | $9.85B |
| Operating income | $1.51B |
| Interest expense | $249.0M |
| Income before taxes | $1.26B |
| Net income | $787.0M |
| EBITDA | $1.94B |
| Gross margin | 35.1% |
| Operating margin | 13.3% |
| Net margin | 6.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in QVCG's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
QVCG financial results
In fiscal year 2021 (ended December 31, 2021), QVC reported revenue of $11.4 billion. It had net income of $787.0 million, a net profit margin of 6.9%.
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QVCG income statement FAQ
What is QVC's annual revenue?
QVC reported total revenue of $11.4 billion for fiscal year 2021, which ended on December 31, 2021.
Is QVC profitable?
Yes. QVC reported net income of $787.0 million in fiscal 2021, a net profit margin of 6.9%; its operating margin was 13.3%.
What is QVC's gross margin?
QVC's gross margin was 35.1% in fiscal 2021: for every $100 of revenue, QVC kept $35 after the direct cost of its products and services.
When does QVC's fiscal year end?
QVC's fiscal year ends in December. The latest annual report covers the year ended December 31, 2021.