---
title: "QVC Group, Inc. 1Q 2026: Revenue $1.96B, EPS ($5.79) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286567611.md"
description: "QVC Group, Inc. reported Q1 2026 revenue of $1.96B, down 7% from $2.11B a year prior, with a net loss of $47M and diluted EPS of ($5.79), an improvement from the previous year's loss of $100M and EPS of ($12.5). The decline was attributed to lower units shipped, while the company is focusing on digital strategies and operational consolidation."
datetime: "2026-05-15T12:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286567611.md)
  - [en](https://longbridge.com/en/news/286567611.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286567611.md)
generator: "portal-rs"
---

# QVC Group, Inc. 1Q 2026: Revenue $1.96B, EPS ($5.79) — 10-Q Summary

QVC Group, Inc. reported first-quarter 2026 results with total revenue of $1.96B, down from $2.11B a year earlier, and a net loss attributable to shareholders of ($47M), or diluted EPS of ($5.79), improving versus a ($100M) loss and ($12.5) per share in the prior-year quarter.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$1.96B

$2.11B

(7%)

Net income²

($47M)

($100M)

53%

Diluted EPS³

($5.79)

($12.5)

53.7%

*¹ Reported as “Total revenue, net”. ² Reported as “Net earnings (loss) attributable to QVC Group, Inc. shareholders”. ³ Reported as “Basic and diluted net earnings (loss) attributable to Series A and Series B QVC Group, Inc. shareholders per common share”.*

**Business Highlights**

-   Revenue declined about 7% year-over-year in Q1 2026, driven by lower units shipped across U.S. and international channels.
-   Company is accelerating its WIN strategy, prioritizing digital, social and streaming platforms and increasing marketing spend to grow online audiences.
-   Operational consolidation continued: QVC and HSN operations moved to Studio Park, the St. Petersburg campus was closed, and remaining asset sales are targeted by end of 2026.
-   QVC International remained steady while CBI experienced a modest decline as higher average selling prices partially offset lower unit demand in the home category.
-   Management completed reorganization and production optimization under WIN, incurring restructuring and pre-petition professional charges while reducing certain personnel costs.

Original SEC Filing: QVC Group, Inc. \[ QVCPQ \] - 10-Q - May. 15, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**