QVCG — QVC Income Statement

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Annual income statement for QVC, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	11,354	9,887	9,449	8,997	8,293
Cost of Revenue
Gross Profit	3,965	3,146	3,372	3,074	2,788
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	9,854	11,292	8,794	9,767	10,310
Operating Profit	1,500	-1,405	655	-770	-2,017
Total Net Non Operating Interest Income / Expense
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,259	-1,590	416	-1,019	-2,280
Provision for Income Taxes
Net Income After Taxes	851	-1,810	211	-1,022	-2,127
Minority Interest
Net Income Before Extraordinary Items
Net Income	787	-1,867	159	-1,069	-2,168
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	787	-1,867	159	-1,069	-2,168
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	791,731,533	-511,100,000	261,963,942	-107,650,000	-580,050,000