QVCAQ · As filed with the SEC
Old QVC Group balance sheet, by quarter
The statement as Old QVC Group presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Condensed Consolidated Balance Sheets · USD millions
| USD millions | Q2 2026 Jun 30, 2026 | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 1,367 | 1,684 | 1,972 | 1,817 | 897 | 833 | 905 | 873 |
| Trade and other receivables, net of allowance for credit losses of $79 million and $91 million, respectively | — | — | 1,040 | — | — | — | — | — |
| Trade and other receivables, net of allowance for credit losses of $65 million and $79 million, respectively | 694 | 776 | — | 840 | 819 | 844 | 1,143 | 883 |
| Inventories | 949 | 1,004 | 972 | 1,190 | 1,193 | 1,184 | 1,061 | 1,299 |
| Other current assets | 678 | 284 | 239 | 206 | 192 | 165 | 190 | 174 |
| Total current assets | 3,688 | 3,748 | 4,223 | 4,053 | 3,101 | 3,026 | 3,299 | 3,229 |
| Property and equipment | — | — | — | — | — | — | 1,460,000,000 | — |
| Accumulated depreciation | — | — | — | — | — | — | (958,000,000) | — |
| Property and equipment, net of accumulated depreciation of $980 million and $974 million, respectively | 373 | 384 | 401 | 407 | 465 | 478 | 502 | 500 |
| Goodwill | 777 | 782 | 800 | 821 | 830 | 2,243 | 2,217 | 3,175 |
| Trademarks | — | — | — | — | — | — | — | 2,698,000,000 |
| Intangible assets not subject to amortization | — | — | — | — | — | — | — | 5,873,000,000 |
| Tradenames | 1,190 | 1,190 | 1,190 | 1,190 | 1,190 | 2,120 | 2,120 | — |
| Intangible assets not subject to amortization | — | — | — | — | 2,020,000,000 | 4,363,000,000 | 4,337,000,000 | — |
| Intangible assets not subject to amortization, total | 1,967 | 1,972 | 1,990 | 2,011 | — | — | — | — |
| Intangible assets subject to amortization, net (note 6) | 263 | 298 | 336 | 380 | 419 | 419 | 402 | 437 |
| Operating lease right-of-use assets | 553 | 557 | 570 | 578 | 585 | 589 | 600 | 618 |
| Other assets, at cost, net of accumulated amortization | 126 | 99 | 106 | 109 | 109 | 106 | 103 | 116 |
| Assets held for sale noncurrent (note 9) | 17 | 17 | 17 | 22 | — | — | — | — |
| Total assets | 6,987 | 7,075 | 7,643 | 7,560 | 6,699 | 8,981 | 9,243 | 10,773 |
| Liabilities and Equity | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 439 | 481 | 701 | 660 | 648 | 676 | 776 | 839 |
| Accrued liabilities | 565 | 629 | 801 | 815 | 824 | 811 | 953 | 802 |
| Current portion of debt | — | — | 5,075 | — | — | — | — | — |
| Current portion of debt, $0 million and $52 million measured at fair value (note 7), respectively | 1 | 5,060 | — | 82 | 86 | 242 | 867 | 874 |
| Other current liabilities | 94 | 88 | 97 | 68 | 80 | 89 | 128 | 134 |
| Total current liabilities | 1,099 | 6,258 | 6,674 | 1,625 | 1,638 | 1,818 | 2,724 | 2,649 |
| Long-term debt (note 6) | — | — | 790 | — | — | — | — | — |
| Long-term debt (note 7) | 0 | 790 | — | 5,811 | 4,834 | 4,758 | 4,101 | 4,185 |
| Deferred income tax liabilities | 970 | 1,120 | 1,144 | 1,138 | 1,130 | 1,321 | 1,313 | 1,443 |
| Preferred stock (note 8) | 0 | 1,398 | 1,366 | 1,272 | 1,272 | 1,272 | 1,272 | 1,272 |
| Operating lease liabilities | 565 | 568 | 580 | 586 | 592 | 592 | 598 | 614 |
| Other liabilities | 85 | 95 | 106 | 103 | 121 | 113 | 120 | 131 |
| Liabilities Subject to Compromise | 8,005 | — | — | — | — | — | — | — |
| Total liabilities | 10,724 | 10,229 | 10,660 | 10,535 | 9,587 | 9,874 | 10,128 | 10,294 |
| Stockholders' equity: | ||||||||
| Series A | 0 | 0 | 0 | 0 | — | 4 | 4 | 4 |
| Series B | 0 | 0 | 0 | 0 | — | — | — | — |
| Series C common stock | 0 | 0 | 0 | 0 | — | — | — | — |
| Additional paid-in capital | 142 | 142 | 142 | 141 | 141 | 136 | 134 | 123 |
| Accumulated other comprehensive earnings (loss), net of taxes | (341) | 203 | 291 | 283 | 295 | 73 | (15) | 78 |
| Retained earnings (accumulated deficit) | (3,620) | (3,580) | (3,533) | (3,496) | (3,416) | (1,194) | (1,094) | 192 |
| Total stockholders' equity (deficit) | (3,819) | (3,235) | (3,100) | (3,072) | (2,980) | (981) | (971) | 397 |
| Noncontrolling interests in equity of subsidiaries | 82 | 81 | 83 | 97 | 92 | 88 | 86 | 82 |
| Total equity | (3,737) | (3,154) | (3,017) | (2,975) | (2,888) | (893) | (885) | 479 |
| Liabilities and Equity | 6,987 | 7,075 | 7,643 | 7,560 | 6,699 | 8,981 | 9,243 | 10,773 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.