For the year ending 2025-12-31, QVCGA had $1,110M increase in cash & cash equivalents over the period. $118M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net earnings (loss) | -2,398 |
| Depreciation and amortization | 398 |
| Impairment of intangible assets | 930 |
| Impairment of goodwill | 1,477 |
| Stock-based compensation | 16 |
| Noncash interest expense | 101 |
| Realized and unrealized (gains) losses on financial instruments, net | -40 |
| Gains on sales of assets and sale leaseback transactions | 5 |
| Deferred income tax expense (benefit) | -230 |
| Gain on insurance proceeds, net of fire related costs | 0 |
| Insurance proceeds received for inventory, operating expenses and business interruption losses | 0 |
| Loss on disposition of zulily, net | 0 |
| Other, net | -3 |
| Decrease (increase) in trade and other receivables | -104 |
| Decrease (increase) in inventories | -112 |
| Decrease (increase) in prepaid expenses and other assets | -121 |
| (decrease) increase in trade accounts payable | -89 |
| (decrease) increase in accrued and other liabilities | -306 |
| Net cash provided (used) by operating activities | 274 |
| Capital expenditures | 156 |
| Expenditures for television distribution rights | 93 |
| Proceeds from sale of fixed assets | 12 |
| Cash proceeds from dispositions of investments | 0 |
| Cash paid for disposal of zulily | 0 |
| Insurance proceeds received for fixed asset loss | 0 |
| Payments for settlements of financial instruments | 0 |
| Payments from settlements of financial instruments | 0 |
| Other investing activities, net | 8 |
| Net cash provided (used) by investing activities | -245 |
| Borrowings of debt | 1,986 |
| Repayments of debt | 870 |
| Dividends paid to noncontrolling interest | 44 |
| Dividends paid to common shareholders | 1 |
| Indemnification agreement settlement | 0 |
| Other financing activities, net | -7 |
| Net cash provided (used) by financing activities | 1,064 |
| Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash | 17 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 1,110 |
| Cash, cash equivalents and restricted cash at beginning of year | 923 |
| Cash, cash equivalents and restricted cash at end of year | 2,033 |
QVC Group, Inc. (QVCGA)
QVC Group, Inc. (QVCGA)