How do Kellanova and QVC INC compare by revenue?

Kellanova reported revenue of $3.3B in Q3 FY2025, while QVC INC reported $2.4B in Q4 FY2025. Kellanova is 1.3× larger by last-quarter revenue.

Which is growing revenue faster, Kellanova or QVC INC?

Kellanova's latest revenue grew 0.8% year-over-year, versus -8.9% for QVC INC. Kellanova is growing faster on a YoY basis.

Which has a higher gross margin, Kellanova or QVC INC?

Kellanova's gross margin is 33.3% vs QVC INC's 32.5%. Kellanova converts more of each revenue dollar into gross profit.

Which has a higher net margin, Kellanova or QVC INC?

Kellanova's net margin is 9.5% vs QVC INC's 1.5%. Kellanova has the higher bottom-line margin.

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

Over the trailing 8 quarters, Kellanova compounded revenue at roughly -9.0% per year, versus 7.1% for QVC INC. QVC INC has the faster medium-term growth trajectory.

Where does this K 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 Kellanova (K) and QVC INC (QVCD). Click either name above to swap in a different company.

Kellanova is the larger business by last-quarter revenue ($3.3B vs $2.4B, roughly 1.3× QVC INC). Kellanova runs the higher net margin — 9.5% vs 1.5%, a 8.0% gap on every dollar of revenue. On growth, Kellanova posted the faster year-over-year revenue change (0.8% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs -9.0%).

KellanovaKEarnings & Financial Report

Consumer Staples · Packaged Foods & Meats

Kellanova, formerly known as the Kellogg Company, is an American multinational food manufacturing company owned by Mars Inc. headquartered in Chicago, Illinois. The renaming took effect on October 2, 2023, and the company's North American cereal operations were spun off to form the WK Kellogg Co at the same time.

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.

K vs QVCD — Head-to-Head

Bigger by revenue

1.3× larger

$3.3B

$2.4B

Growing faster (revenue YoY)

+9.8% gap

0.8%

-8.9%

Higher net margin

8.0% more per $

9.5%

1.5%

Faster 2-yr revenue CAGR

QVCD

Annualised

7.1%

-9.0%

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric	K	QVCD
Revenue	$3.3B	$2.4B
Net Profit	$309.0M	$37.0M
Gross Margin	33.3%	32.5%
Operating Margin	13.9%	5.6%
Net Margin	9.5%	1.5%
Revenue YoY	0.8%	-8.9%
Net Profit YoY	-15.8%	103.0%
EPS (diluted)	$0.88	—

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	—	$2.4B
Q3 25	$3.3B	$2.0B
Q2 25	$3.2B	$2.0B
Q1 25	$3.1B	$1.9B
Q4 24	$3.1B	$2.7B
Q3 24	$3.2B	$2.1B
Q2 24	$3.2B	$2.1B
Q1 24	$3.2B	$2.1B

Net Profit

QVCD

Q4 25	—	$37.0M
Q3 25	$309.0M	$2.0M
Q2 25	$299.0M	$-2.2B
Q1 25	$304.0M	$-42.0M
Q4 24	$365.0M	$-1.2B
Q3 24	$367.0M	$51.0M
Q2 24	$344.0M	$53.0M
Q1 24	$267.0M	$51.0M

Gross Margin

QVCD

Q4 25	—	32.5%
Q3 25	33.3%	33.6%
Q2 25	34.0%	35.4%
Q1 25	34.3%	33.3%
Q4 24	37.7%	32.6%
Q3 24	36.4%	34.7%
Q2 24	36.4%	35.6%
Q1 24	32.2%	35.0%

Operating Margin

QVCD

Q4 25	—	5.6%
Q3 25	13.9%	4.6%
Q2 25	13.7%	-114.5%
Q1 25	13.9%	1.5%
Q4 24	17.0%	-47.1%
Q3 24	14.1%	7.8%
Q2 24	15.4%	7.6%
Q1 24	12.3%	7.4%

Net Margin

QVCD

Q4 25	—	1.5%
Q3 25	9.5%	0.1%
Q2 25	9.3%	-109.1%
Q1 25	9.9%	-2.2%
Q4 24	11.7%	-46.0%
Q3 24	11.4%	2.4%
Q2 24	10.8%	2.5%
Q1 24	8.3%	2.4%

EPS (diluted)

QVCD

Q4 25	—	—
Q3 25	$0.88	—
Q2 25	$0.85	—
Q1 25	$0.87	—
Q4 24	$1.05	—
Q3 24	$1.05	—
Q2 24	$1.00	—
Q1 24	$0.78	—

Balance Sheet & Financial Strength

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

Metric	K	QVCD
Cash + ST InvestmentsLiquidity on hand	$240.0M	$1.5B
Total DebtLower is stronger	$4.3B	$1.0M
Stockholders' EquityBook value	$4.2B	$1.2B
Total Assets	$15.6B	$8.5B
Debt / EquityLower = less leverage	1.02×	0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

QVCD

Q4 25	—	$1.5B
Q3 25	$240.0M	—
Q2 25	$354.0M	—
Q1 25	$330.0M	—
Q4 24	$694.0M	$297.0M
Q3 24	$569.0M	$297.0M
Q2 24	$272.0M	$315.0M
Q1 24	$242.0M	$311.0M

Total Debt

QVCD

Q4 25	—	$1.0M
Q3 25	$4.3B	$5.0B
Q2 25	$4.3B	$4.0B
Q1 25	$5.0B	$4.0B
Q4 24	$5.0B	$3.3B
Q3 24	$5.1B	$3.4B
Q2 24	$5.0B	$3.7B
Q1 24	$4.4B	$3.8B

Stockholders' Equity

QVCD

Q4 25	—	$1.2B
Q3 25	$4.2B	$1.2B
Q2 25	$4.1B	$1.2B
Q1 25	$3.9B	$3.3B
Q4 24	$3.8B	$3.3B
Q3 24	$3.6B	$4.6B
Q2 24	$3.3B	$4.3B
Q1 24	$3.2B	$4.2B

Total Assets

QVCD

Q4 25	—	$8.5B
Q3 25	$15.6B	$8.3B
Q2 25	$15.9B	$7.4B
Q1 25	$15.5B	$9.7B
Q4 24	$15.6B	$9.9B
Q3 24	$15.8B	$9.9B
Q2 24	$15.3B	$11.2B
Q1 24	$15.3B	$11.4B

Debt / Equity

QVCD

Q4 25	—	0.00×
Q3 25	1.02×	4.30×
Q2 25	1.05×	3.42×
Q1 25	1.28×	1.22×
Q4 24	1.32×	1.01×
Q3 24	1.40×	0.73×
Q2 24	1.51×	0.87×
Q1 24	1.40×	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	K	QVCD
Operating Cash FlowLast quarter	$503.0M	$245.0M
Free Cash FlowOCF − Capex	$359.0M	—
FCF MarginFCF / Revenue	11.0%	—
Capex IntensityCapex / Revenue	4.4%	—
Cash ConversionOCF / Net Profit	1.63×	6.62×
TTM Free Cash FlowTrailing 4 quarters	$599.0M	—