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Information About QVC Group's Operating Segments (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting, Disclosure of Other Information about Entity's Reportable Segments [Abstract]

Schedule of Disaggregation of Revenue

Disaggregated total revenue, net by segment and product category consisted of the following:

			Three months ended March 31, 2026
			QxH						QVC Int'l						CBI												Total
			in millions
Home			$	497					223						147												867
Apparel			247						96						41												384
Beauty			179						115						—												294
Accessories			147						48						—												195
Jewelry			65						37						—												102
Electronics			60						19						—												79
Other revenue			36						—						—												36
Total revenue, net			$	1,231					538						188												1,957

			Three months ended March 31, 2025
			QxH						QVC Int'l						CBI												Total
			in millions
Home			$	538					223						160												921
Apparel			258						99						40												397
Beauty			211						120						—												331
Accessories			173						46						—												219
Jewelry			63						33						—												96
Electronics			89						15						—												104
Other revenue			36						1						—												37
Total revenue, net			$	1,368					537						200												2,105

Schedule of Performance Measures

Other performance measures reviewed by the CODM are as follows:

			Three months ended March 31, 2026
			QxH						QVC Int'l						CBI						Corporate and other						Total
			amounts in millions
Total revenue, net			$	1,231					538						188						—						1,957
Cost of goods sold (excluding depreciation and amortization)			824						356						108						—						1,288
Gross profit			407						182						80						—						669
Operating expense			92						45						9						—						146
Advertising expense			70						8						41						—						119
SG&A (excluding stock-based compensation, advertising and pre-petition charges)			153						80						39						6						278
Adjusted OIBDA			$	92					49						(9)						(6)						126

			Three months ended March 31, 2025
			QxH						QVC Int'l						CBI						Corporate and other						Total
			amounts in millions
Total revenue, net			$	1,368					537						200						—						2,105
Cost of goods sold (excluding depreciation and amortization)			923						348						115						—						1,386
Gross profit			445						189						85						—						719
Operating expense			111						43						9						—						163
Advertising expense			55						8						39						—						102
SG&A (excluding stock-based compensation, advertising and pre-petition charges)			157						75						41						4						277
Adjusted OIBDA			$	122					63						(4)						(4)						177

Schedule of Other Information by Segment

			March 31, 2026												December 31, 2025
			Total assets						Property and equipment, net						Total assets						Property and equipment, net
			amounts in millions
QxH (1)			$	4,377					159						4,780						166
QVC International			1,870						140						1,927						150
CBI			473						85						495						85
Corporate and other			355						—						441						—
Consolidated QVC Group			$	7,075					384						7,643						401

(1) QxH Property and equipment, net as of March 31, 2026 and December 31, 2025 excludes assets classified as assets held for sale in the condensed consolidated balance sheet.

			March 31, 2026																		March 31, 2025
			Depreciation						Amortization						Capital Expenditures						Depreciation						Amortization						Capital Expenditures
			amounts in millions
QxH			$	9					52						28						28						55						25
QVC International			6						7						4						6						6						5
CBI			3						3						4						4						3						4
Consolidated QVC Group			$	18					62						36						38						64						34

Schedule of Reconciliation of Adjusted OIBDA to Operating Income (Loss) and Earnings (Loss) Before Income Taxes

The following table provides a reconciliation of Adjusted OIBDA to Operating income (loss) and Earnings (loss) before income taxes:

			Three months ended March 31,
			2026						2025
			amounts in millions
Adjusted OIBDA			$	126					177
Depreciation and amortization			(80)						(102)
Gain (loss) on sale of assets			10						—
Pre-petition charges			(41)						—
Stock-based compensation			—						(4)
Restructuring benefits (costs)			—						(57)
Operating income (loss)			15						14
Interest expense			(132)						(112)
Realized and unrealized gains (losses) on financial instruments, net			79						(15)
Interest and dividend income			12						8
Other, net			1						2
Earnings (loss) before income taxes			$	(25)					(103)

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