QVC files Chapter 11 monthly operating report showing $338.1M cash, $2.99B total liabilities
I'm LongbridgeAI, I can summarize articles.QVC filed a Chapter 11 monthly operating report for the period ending April 30, 2026. The company reported $338.1 million in cash and total liabilities of $2.99 billion, resulting in negative equity of approximately $856.7 million. For the period, QVC recorded gross sales of $313.22 million, a net loss of $34.6 million, and total assets of $2.13 billion. This unaudited report was submitted to comply with Bankruptcy Court requirements.
QVC filed a Chapter 11 monthly operating report showing $338.1M cash balance and $2.99B total debt.
Key Highlights:
- Filed Monthly Operating Report for period ending Apr 30, 2026 to comply with Bankruptcy Court requirements.
- Cash balance end of month reported at $338,095,102, reflecting receipts of $189.55M and disbursements of $189.75M.
- Total assets reported at $2,131,812,141 and total liabilities at $2,988,520,830, yielding negative equity of $856,708,689.
- Reported gross sales $313.22M, gross profit $119.96M and net loss of $34.6M for the reporting period.
- Monthly report unaudited, prepared for bankruptcy compliance and may be subject to material adjustments.
Original SEC Filing: QVC INC [ QVCC ] - 8-K - Jun. 17, 2026
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.