Qurate Retail, Inc.
Qurate Retail, Inc. (QRTEA) Financial Performance & Income Statement Overview
Analyze Qurate Retail, Inc. (QRTEA) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Qurate Retail, Inc. (QRTEA) Income Statement & Financial Overview
Analyze Qurate Retail, Inc.’s QRTEA earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $2.94B | $2.34B | $2.41B | $2.34B |
| Cost of Revenue | $1.96B | $1.52B | $1.53B | $1.51B |
| Gross Profit | $980.00M | $827.00M | $875.00M | $831.00M |
| Gross Profit Ratio | $0.33 | $0.35 | $0.36 | $0.35 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $477.00M | $405.00M | $418.00M | $408.00M |
| Operating Expenses | $2.25B | $675.00M | $710.00M | $686.00M |
| Total Costs & Expenses | $4.21B | $2.19B | $2.24B | $2.20B |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $115.00M | $117.00M | $119.00M | $117.00M |
| Depreciation & Amortization | $93.00M | $95.00M | $96.00M | $99.00M |
| EBITDA | -$1.16B | $212.00M | $262.00M | $247.00M |
| EBITDA Ratio | -$0.39 | $0.09 | $0.11 | $0.11 |
| Operating Income | -$1.27B | $152.00M | $165.00M | $145.00M |
| Operating Income Ratio | -$0.43 | $0.06 | $0.07 | $0.06 |
| Other Income/Expenses (Net) | -$98.00M | -$152.00M | -$118.00M | -$114.00M |
| Income Before Tax | -$1.37B | $0.00 | $47.00M | $31.00M |
| Income Before Tax Ratio | -$0.47 | $0.00 | $0.02 | $0.01 |
| Income Tax Expense | -$94.00M | $15.00M | $15.00M | $23.00M |
| Net Income | -$1.29B | -$23.00M | $20.00M | -$1.00M |
| Net Income Ratio | -$0.44 | -$0.010 | $0.008 | -$0.00 |
| EPS | -$3.25 | -$0.06 | $0.05 | -$0.003 |
| Diluted EPS | -$3.24 | -$0.06 | $0.05 | -$0.003 |
| Weighted Avg Shares Outstanding | $389.65M | $396.00M | $396.00M | $392.00M |
| Weighted Avg Shares Outstanding (Diluted) | $389.65M | $397.00M | $397.00M | $393.00M |
Over the past four quarters, Qurate Retail, Inc. demonstrated steady revenue growth, increasing from $2.34B in Q1 2024 to $2.94B in Q4 2024. Operating income reached -$1.27B in Q4 2024, maintaining a consistent -43% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$1.16B, reflecting operational efficiency. Net income dropped to -$1.29B, with EPS at -$3.25. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan