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Side-by-side financial comparison of GXO Logistics, Inc. (GXO) and QVC Group, Inc. (QVCGA). Click either name above to swap in a different company.

GXO Logistics, Inc. is the larger business by last-quarter revenue ($3.3B vs $2.7B, roughly 1.2× QVC Group, Inc.). GXO Logistics, Inc. runs the higher net margin — 0.2% vs -1.4%, a 1.5% gap on every dollar of revenue. On growth, GXO Logistics, Inc. posted the faster year-over-year revenue change (10.8% vs -9.1%). QVC Group, Inc. produced more free cash flow last quarter ($191.0M vs $-31.0M). Over the past eight quarters, GXO Logistics, Inc.'s revenue compounded faster (7.6% CAGR vs 6.9%).

GXO Logistics, Inc. is an American global contract logistics company that manages outsourced supply chains and warehousing, and reverse logistics for blue-chip customers in over thirty countries. GXO's corporate headquarters are located in Greenwich, Connecticut, U.S. Its customers include Apple, Nike Inc., Boeing Co., Verizon, Whirlpool, Inditex SA, and Nestle SA.

QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

GXO vs QVCGA — Head-to-Head

Bigger by revenue
GXO
GXO
1.2× larger
GXO
$3.3B
$2.7B
QVCGA
Growing faster (revenue YoY)
GXO
GXO
+19.9% gap
GXO
10.8%
-9.1%
QVCGA
Higher net margin
GXO
GXO
1.5% more per $
GXO
0.2%
-1.4%
QVCGA
More free cash flow
QVCGA
QVCGA
$222.0M more FCF
QVCGA
$191.0M
$-31.0M
GXO
Faster 2-yr revenue CAGR
GXO
GXO
Annualised
GXO
7.6%
6.9%
QVCGA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GXO
GXO
QVCGA
QVCGA
Revenue
$3.3B
$2.7B
Net Profit
$5.0M
$-37.0M
Gross Margin
32.9%
Operating Margin
3.7%
Net Margin
0.2%
-1.4%
Revenue YoY
10.8%
-9.1%
Net Profit YoY
97.1%
EPS (diluted)
$0.03
$-17.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GXO
GXO
QVCGA
QVCGA
Q1 26
$3.3B
Q4 25
$3.5B
$2.7B
Q3 25
$3.4B
$2.2B
Q2 25
$3.3B
$2.2B
Q1 25
$3.0B
$2.1B
Q4 24
$3.3B
$2.9B
Q3 24
$3.2B
$2.3B
Q2 24
$2.8B
$2.4B
Net Profit
GXO
GXO
QVCGA
QVCGA
Q1 26
$5.0M
Q4 25
$43.0M
$-37.0M
Q3 25
$59.0M
$-80.0M
Q2 25
$26.0M
$-2.2B
Q1 25
$-96.0M
$-100.0M
Q4 24
$100.0M
$-1.3B
Q3 24
$33.0M
$-23.0M
Q2 24
$38.0M
$20.0M
Gross Margin
GXO
GXO
QVCGA
QVCGA
Q1 26
Q4 25
32.9%
Q3 25
34.0%
Q2 25
36.4%
Q1 25
34.2%
Q4 24
33.3%
Q3 24
35.3%
Q2 24
36.4%
Operating Margin
GXO
GXO
QVCGA
QVCGA
Q1 26
Q4 25
2.7%
3.7%
Q3 25
3.5%
2.7%
Q2 25
2.7%
-101.6%
Q1 25
-1.9%
0.7%
Q4 24
3.1%
-43.2%
Q3 24
2.6%
6.5%
Q2 24
2.6%
6.9%
Net Margin
GXO
GXO
QVCGA
QVCGA
Q1 26
0.2%
Q4 25
1.2%
-1.4%
Q3 25
1.7%
-3.6%
Q2 25
0.8%
-99.4%
Q1 25
-3.2%
-4.8%
Q4 24
3.1%
-43.7%
Q3 24
1.0%
-1.0%
Q2 24
1.3%
0.8%
EPS (diluted)
GXO
GXO
QVCGA
QVCGA
Q1 26
$0.03
Q4 25
$0.35
$-17.37
Q3 25
$0.51
$-9.89
Q2 25
$0.23
$-275.46
Q1 25
$-0.81
$-0.25
Q4 24
$0.83
Q3 24
$0.28
$-0.06
Q2 24
$0.32
$2.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GXO
GXO
QVCGA
QVCGA
Cash + ST InvestmentsLiquidity on hand
$794.0M
$2.0B
Total DebtLower is stronger
$2.6B
$790.0M
Stockholders' EquityBook value
$3.0B
$-3.1B
Total Assets
$12.2B
$7.6B
Debt / EquityLower = less leverage
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GXO
GXO
QVCGA
QVCGA
Q1 26
$794.0M
Q4 25
$854.0M
$2.0B
Q3 25
$339.0M
$1.8B
Q2 25
$205.0M
$897.0M
Q1 25
$288.0M
$833.0M
Q4 24
$413.0M
$905.0M
Q3 24
$548.0M
$873.0M
Q2 24
$469.0M
$1.2B
Total Debt
GXO
GXO
QVCGA
QVCGA
Q1 26
$2.6B
Q4 25
$2.6B
$790.0M
Q3 25
$2.2B
$5.9B
Q2 25
$2.6B
$4.9B
Q1 25
$2.5B
$5.0B
Q4 24
$2.5B
$4.1B
Q3 24
$2.6B
$5.1B
Q2 24
$2.6B
$5.3B
Stockholders' Equity
GXO
GXO
QVCGA
QVCGA
Q1 26
$3.0B
Q4 25
$3.0B
$-3.1B
Q3 25
$3.0B
$-3.1B
Q2 25
$2.9B
$-3.0B
Q1 25
$2.9B
$-981.0M
Q4 24
$3.0B
$-971.0M
Q3 24
$3.1B
$397.0M
Q2 24
$2.9B
$328.0M
Total Assets
GXO
GXO
QVCGA
QVCGA
Q1 26
$12.2B
Q4 25
$12.3B
$7.6B
Q3 25
$11.9B
$7.6B
Q2 25
$11.9B
$6.7B
Q1 25
$11.3B
$9.0B
Q4 24
$11.3B
$9.2B
Q3 24
$11.9B
$10.8B
Q2 24
$11.4B
$10.9B
Debt / Equity
GXO
GXO
QVCGA
QVCGA
Q1 26
0.88×
Q4 25
0.88×
Q3 25
0.74×
Q2 25
0.88×
Q1 25
0.89×
Q4 24
0.84×
Q3 24
0.82×
12.74×
Q2 24
0.88×
16.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GXO
GXO
QVCGA
QVCGA
Operating Cash FlowLast quarter
$31.0M
$244.0M
Free Cash FlowOCF − Capex
$-31.0M
$191.0M
FCF MarginFCF / Revenue
-0.9%
7.1%
Capex IntensityCapex / Revenue
2.0%
2.0%
Cash ConversionOCF / Net Profit
6.20×
TTM Free Cash FlowTrailing 4 quarters
$128.0M
$118.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GXO
GXO
QVCGA
QVCGA
Q1 26
$31.0M
Q4 25
$170.0M
$244.0M
Q3 25
$232.0M
$4.0M
Q2 25
$3.0M
$86.0M
Q1 25
$29.0M
$-60.0M
Q4 24
$186.0M
$212.0M
Q3 24
$198.0M
$20.0M
Q2 24
$115.0M
$267.0M
Free Cash Flow
GXO
GXO
QVCGA
QVCGA
Q1 26
$-31.0M
Q4 25
$115.0M
$191.0M
Q3 25
$88.0M
$-27.0M
Q2 25
$-44.0M
$48.0M
Q1 25
$-49.0M
$-94.0M
Q4 24
$82.0M
$150.0M
Q3 24
$104.0M
$-23.0M
Q2 24
$27.0M
$213.0M
FCF Margin
GXO
GXO
QVCGA
QVCGA
Q1 26
-0.9%
Q4 25
3.3%
7.1%
Q3 25
2.6%
-1.2%
Q2 25
-1.3%
2.1%
Q1 25
-1.6%
-4.5%
Q4 24
2.5%
5.1%
Q3 24
3.3%
-1.0%
Q2 24
0.9%
8.8%
Capex Intensity
GXO
GXO
QVCGA
QVCGA
Q1 26
2.0%
Q4 25
1.6%
2.0%
Q3 25
4.2%
1.4%
Q2 25
1.4%
1.7%
Q1 25
2.6%
1.6%
Q4 24
3.2%
2.1%
Q3 24
3.0%
1.8%
Q2 24
3.1%
2.2%
Cash Conversion
GXO
GXO
QVCGA
QVCGA
Q1 26
6.20×
Q4 25
3.95×
Q3 25
3.93×
Q2 25
0.12×
Q1 25
Q4 24
1.86×
Q3 24
6.00×
Q2 24
3.03×
13.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GXO
GXO

Segment breakdown not available.

QVCGA
QVCGA

Other$915.0M34%
Home$754.0M28%
Beauty$260.0M10%
Apparel$254.0M9%
Electronics$187.0M7%
Accessories$181.0M7%
Jewelry$87.0M3%
Manufactured Product Other$38.0M1%

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