QVC Group, Inc. balance sheet

At the end of fiscal 2025, QVC Group, Inc. had total assets of $8.46bn, total liabilities of $7.19bn and shareholders' equity of $1.20bn. It held $1.50bn in cash against $5.05bn of debt.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

QVC Group, Inc.: balance sheet, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	0.6	0.5	0.3	0.3	0.3	0.3	0.3	0.5	0.6	0.7	0.5	0.4	0.3	0.3	1.5	1.5
Receivables	—	1.1	1.1	1.2	1.4	1.2	1.7	1.8	1.8	1.6	1.6	1.4	1.3	1.1	1.0	0.7
Inventory	—	0.9	0.9	0.9	0.9	1.0	1.2	1.3	1.2	1.1	1.4	1.0	0.9	0.9	0.8	0.8
Total current assets	—	2.7	2.7	2.5	2.7	2.5	3.2	3.8	3.8	3.7	3.7	2.9	2.6	2.5	3.6	3.1
Goodwill	5.2	5.2	5.2	5.1	5.0	5.0	6.0	6.0	6.0	6.0	6.0	3.5	3.2	2.2	0.8	0.8
Total assets	—	13.4	13.1	12.2	12.1	11.5	14.3	14.9	14.9	16.6	16.1	12.4	11.7	9.9	8.5	6.2
Deferred revenue (current)	—	0.1	0.1	0.1	0.1	0.1	0.1	0.0	—	—	—	—	—	—	—	—
Total current liabilities	—	1.5	1.5	1.5	1.5	1.5	2.0	2.5	2.0	2.8	2.5	2.0	2.3	2.2	6.5	1.0
Short-term debt	—	—	—	—	—	—	—	—	0.0	0.4	0.0	0.2	0.4	0.6	5.0	0.0
Long-term debt	—	3.5	3.8	4.6	5.4	5.3	5.6	4.7	5.1	4.5	5.0	4.7	3.9	3.3	0.0	0.0
Total debt	0.0	3.5	3.8	4.6	5.4	5.3	5.7	5.1	5.1	5.0	5.0	4.9	4.3	3.9	5.0	5.0
Total liabilities	—	6.6	6.7	7.2	7.9	7.7	8.5	8.0	8.1	8.4	8.4	7.8	7.4	6.5	7.2	6.8
Shareholders' equity	8.0	6.7	6.2	4.9	4.0	3.8	5.7	6.7	6.7	8.0	7.6	4.5	4.3	3.3	1.2	−0.6

US$ millions unless shown otherwise. Fiscal quarters.

QVC Group, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	872	1,134	832	821	829	1,016	750	669
Inventory	1,112	901	1,001	1,012	1,018	832	860	805
Total current assets	2,435	2,504	2,273	2,322	3,361	3,563	3,181	3,143
Goodwill	3,162	2,204	2,230	817	808	800	782	777
Total assets	9,889	9,889	9,675	7,375	8,329	8,456	7,990	6,191
Total current liabilities	2,190	2,233	1,400	1,326	1,322	6,466	6,087	979
Short-term debt	586	585	0	1	1	5,023	5,024	1
Long-term debt	3,398	3,313	3,969	4,047	5,022	1	1	0
Total debt	3,984	3,898	3,969	4,048	5,023	5,024	5,025	1
Total liabilities	6,706	6,520	6,339	6,112	7,074	7,188	6,778	6,762
Shareholders' equity	4,629	3,293	3,258	1,183	1,169	1,195	1,139	−645
Non-controlling interests and other (assets − liabilities − equity)	−1,446	—	—	—	—	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from QVC Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to QVC Group, Inc.