| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenues | 1,982 | 1,984 | 1,905 | 2,092 |
| Cost of goods sold (exclusive of depreciation and amortization shown separately below) | 1,317 | 1,281 | 1,271 | 1,366 |
| Amortization | - | - | - | 68 |
| Depreciation | - | - | - | 19 |
| Operating expense | 152 | 154 | 154 | 165 |
| Selling, general and administrative, including stock-based compensation | 326 | 328 | 299 | 310 |
| Depreciation and amortization | 97 | 98 | 95 | - |
| Goodwill and intangible asset impairment | 0 | 2,395 | - | - |
| Restructuring costs | -1 | 0 | 57 | - |
| Gain on sale leaseback transaction | 0 | 0 | - | - |
| Operating expenses | 1,891 | 4,256 | 1,876 | 1,928 |
| Operating income (loss) | 91 | -2,272 | 29 | 164 |
| Interest expense, net | -66 | -63 | -60 | -62 |
| Foreign currency gain (loss) | 1 | -9 | -4 | -6 |
| Other income | 0 | - | - | -7 |
| Nonoperating income (expense) | -65 | -72 | -64 | -75 |
| Earnings (loss) before income taxes | 26 | -2,344 | -35 | 89 |
| Income tax (expense) benefit | 15 | -190 | -2 | 27 |
| Net earnings (loss) | 11 | -2,154 | -33 | 62 |
| Less net (earnings) loss attributable to the noncontrolling interest | 9 | 11 | 9 | 11 |
| Net earnings (loss) attributable to qvc, inc. shareholder | 2 | -2,165 | -42 | 51 |
QVC INC (QVCC)
QVC INC (QVCC)