How do International Paper and QVC INC compare by revenue?

International Paper reported revenue of $4.7B in Q4 FY2025, while QVC INC reported $2.4B in Q4 FY2025. International Paper is 2.0× larger by last-quarter revenue.

Which is growing revenue faster, International Paper or QVC INC?

International Paper's latest revenue grew 3.6% year-over-year, versus -8.9% for QVC INC. International Paper is growing faster on a YoY basis.

Which has a higher gross margin, International Paper or QVC INC?

International Paper's gross margin is 32.2% vs QVC INC's 32.5%. QVC INC converts more of each revenue dollar into gross profit.

Which has a higher net margin, International Paper or QVC INC?

International Paper's net margin is -50.3% vs QVC INC's 1.5%. QVC INC has the higher bottom-line margin.

What is the 2-year revenue CAGR for International Paper vs QVC INC?

Over the trailing 8 quarters, International Paper compounded revenue at roughly 1.3% per year, versus 7.1% for QVC INC. QVC INC has the faster medium-term growth trajectory.

Where does this IP vs QVCD data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of International Paper (IP) and QVC INC (QVCD). Click either name above to swap in a different company.

International Paper is the larger business by last-quarter revenue ($4.7B vs $2.4B, roughly 2.0× QVC INC). QVC INC runs the higher net margin — 1.5% vs -50.3%, a 51.8% gap on every dollar of revenue. On growth, International Paper posted the faster year-over-year revenue change (3.6% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs 1.3%).

International PaperIPEarnings & Financial Report

NYSE · Materials · Paper Mills

The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.

QVC INCQVCDEarnings & Financial Report

NYSE · Communication Services · Retail-Catalog & Mail-Order Houses

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

IP vs QVCD — Head-to-Head

Bigger by revenue

2.0× larger

$4.7B

$2.4B

Growing faster (revenue YoY)

+12.5% gap

3.6%

-8.9%

Higher net margin

QVCD

51.8% more per $

1.5%

-50.3%

Faster 2-yr revenue CAGR

QVCD

Annualised

7.1%

1.3%

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric	IP	QVCD
Revenue	$4.7B	$2.4B
Net Profit	$-2.4B	$37.0M
Gross Margin	32.2%	32.5%
Operating Margin	-56.4%	5.6%
Net Margin	-50.3%	1.5%
Revenue YoY	3.6%	-8.9%
Net Profit YoY	-1521.8%	103.0%
EPS (diluted)	$-4.76	—

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

QVCD

Q4 25	$4.7B	$2.4B
Q3 25	$6.2B	$2.0B
Q2 25	$6.8B	$2.0B
Q1 25	$5.9B	$1.9B
Q4 24	$4.6B	$2.7B
Q3 24	$4.7B	$2.1B
Q2 24	$4.7B	$2.1B
Q1 24	$4.6B	$2.1B

Net Profit

QVCD

Q4 25	$-2.4B	$37.0M
Q3 25	$-1.1B	$2.0M
Q2 25	$75.0M	$-2.2B
Q1 25	$-105.0M	$-42.0M
Q4 24	$-147.0M	$-1.2B
Q3 24	$150.0M	$51.0M
Q2 24	$498.0M	$53.0M
Q1 24	$56.0M	$51.0M

Gross Margin

QVCD

Q4 25	32.2%	32.5%
Q3 25	31.1%	33.6%
Q2 25	27.9%	35.4%
Q1 25	27.8%	33.3%
Q4 24	29.0%	32.6%
Q3 24	28.7%	34.7%
Q2 24	29.0%	35.6%
Q1 24	25.9%	35.0%

Operating Margin

QVCD

Q4 25	-56.4%	5.6%
Q3 25	-10.8%	4.6%
Q2 25	1.7%	-114.5%
Q1 25	-2.3%	1.5%
Q4 24	-4.9%	-47.1%
Q3 24	5.1%	7.8%
Q2 24	6.8%	7.6%
Q1 24	3.7%	7.4%

Net Margin

QVCD

Q4 25	-50.3%	1.5%
Q3 25	-17.7%	0.1%
Q2 25	1.1%	-109.1%
Q1 25	-1.8%	-2.2%
Q4 24	-3.2%	-46.0%
Q3 24	3.2%	2.4%
Q2 24	10.5%	2.5%
Q1 24	1.2%	2.4%

EPS (diluted)

QVCD

Q4 25	$-4.76	—
Q3 25	$-2.09	—
Q2 25	$0.14	—
Q1 25	$-0.24	—
Q4 24	$-0.42	—
Q3 24	$0.42	—
Q2 24	$1.41	—
Q1 24	$0.16	—

Balance Sheet & Financial Strength

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

Metric	IP	QVCD
Cash + ST InvestmentsLiquidity on hand	$1.1B	$1.5B
Total DebtLower is stronger	$8.8B	$1.0M
Stockholders' EquityBook value	$14.8B	$1.2B
Total Assets	$38.0B	$8.5B
Debt / EquityLower = less leverage	0.60×	0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

QVCD

Q4 25	$1.1B	$1.5B
Q3 25	$995.0M	—
Q2 25	$1.1B	—
Q1 25	$1.2B	—
Q4 24	$1.2B	$297.0M
Q3 24	$1.2B	$297.0M
Q2 24	$1.0B	$315.0M
Q1 24	$1.1B	$311.0M

Total Debt

QVCD

Q4 25	$8.8B	$1.0M
Q3 25	$9.0B	$5.0B
Q2 25	$9.7B	$4.0B
Q1 25	$9.2B	$4.0B
Q4 24	$5.4B	$3.3B
Q3 24	$5.3B	$3.4B
Q2 24	$5.3B	$3.7B
Q1 24	$5.5B	$3.8B

Stockholders' Equity

QVCD

Q4 25	$14.8B	$1.2B
Q3 25	$17.3B	$1.2B
Q2 25	$18.6B	$1.2B
Q1 25	$18.1B	$3.3B
Q4 24	$8.2B	$3.3B
Q3 24	$8.6B	$4.6B
Q2 24	$8.6B	$4.3B
Q1 24	$8.3B	$4.2B

Total Assets

QVCD

Q4 25	$38.0B	$8.5B
Q3 25	$40.6B	$8.3B
Q2 25	$42.4B	$7.4B
Q1 25	$41.2B	$9.7B
Q4 24	$22.8B	$9.9B
Q3 24	$23.2B	$9.9B
Q2 24	$23.1B	$11.2B
Q1 24	$23.0B	$11.4B

Debt / Equity

QVCD

Q4 25	0.60×	0.00×
Q3 25	0.52×	4.30×
Q2 25	0.52×	3.42×
Q1 25	0.51×	1.22×
Q4 24	0.66×	1.01×
Q3 24	0.62×	0.73×
Q2 24	0.62×	0.87×
Q1 24	0.66×	0.89×

Cash Flow & Capital Efficiency

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

Metric	IP	QVCD
Operating Cash FlowLast quarter	$905.0M	$245.0M
Free Cash FlowOCF − Capex	$255.0M	—
FCF MarginFCF / Revenue	5.4%	—
Capex IntensityCapex / Revenue	13.7%	—
Cash ConversionOCF / Net Profit	—	6.62×
TTM Free Cash FlowTrailing 4 quarters	$-159.0M	—