vs
Side-by-side financial comparison of Lineage, Inc. (LINE) and QVC INC (QVCD). Click either name above to swap in a different company.
QVC INC is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.8× Lineage, Inc.). QVC INC runs the higher net margin — 1.5% vs -7.3%, a 8.8% gap on every dollar of revenue. On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs -8.9%).
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.
LINE vs QVCD — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.4B |
| Net Profit | $-100.0M | $37.0M |
| Gross Margin | 32.3% | 32.5% |
| Operating Margin | 2.5% | 5.6% |
| Net Margin | -7.3% | 1.5% |
| Revenue YoY | 3.1% | -8.9% |
| Net Profit YoY | 79.4% | 103.0% |
| EPS (diluted) | $-0.44 | — |
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.
| Q4 25 | — | $2.4B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $1.3B | $1.9B | ||
| Q4 24 | $1.3B | $2.7B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.1B | ||
| Q1 24 | $1.3B | $2.1B |
| Q4 25 | — | $37.0M | ||
| Q3 25 | $-100.0M | $2.0M | ||
| Q2 25 | $-6.0M | $-2.2B | ||
| Q1 25 | $0 | $-42.0M | ||
| Q4 24 | $-71.0M | $-1.2B | ||
| Q3 24 | $-485.0M | $51.0M | ||
| Q2 24 | $-68.0M | $53.0M | ||
| Q1 24 | $-40.0M | $51.0M |
| Q4 25 | — | 32.5% | ||
| Q3 25 | 32.3% | 33.6% | ||
| Q2 25 | 31.9% | 35.4% | ||
| Q1 25 | 32.2% | 33.3% | ||
| Q4 24 | 32.3% | 32.6% | ||
| Q3 24 | 32.8% | 34.7% | ||
| Q2 24 | 33.4% | 35.6% | ||
| Q1 24 | 33.4% | 35.0% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | 2.5% | 4.6% | ||
| Q2 25 | 1.7% | -114.5% | ||
| Q1 25 | 4.3% | 1.5% | ||
| Q4 24 | -1.6% | -47.1% | ||
| Q3 24 | -38.6% | 7.8% | ||
| Q2 24 | 5.5% | 7.6% | ||
| Q1 24 | 7.6% | 7.4% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | -7.3% | 0.1% | ||
| Q2 25 | -0.4% | -109.1% | ||
| Q1 25 | — | -2.2% | ||
| Q4 24 | -5.3% | -46.0% | ||
| Q3 24 | -36.3% | 2.4% | ||
| Q2 24 | -5.1% | 2.5% | ||
| Q1 24 | -3.0% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.44 | — | ||
| Q2 25 | $-0.03 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $-0.52 | — | ||
| Q3 24 | $-2.44 | — | ||
| Q2 24 | $-0.46 | — | ||
| Q1 24 | $-0.28 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.5B |
| Total DebtLower is stronger | — | $1.0M |
| Stockholders' EquityBook value | $8.4B | $1.2B |
| Total Assets | $19.2B | $8.5B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $173.0M | $297.0M | ||
| Q3 24 | $409.0M | $297.0M | ||
| Q2 24 | $73.0M | $315.0M | ||
| Q1 24 | — | $311.0M |
| Q4 25 | — | $1.0M | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.7B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | — | $1.2B | ||
| Q3 25 | $8.4B | $1.2B | ||
| Q2 25 | $8.6B | $1.2B | ||
| Q1 25 | $8.6B | $3.3B | ||
| Q4 24 | $8.6B | $3.3B | ||
| Q3 24 | $9.0B | $4.6B | ||
| Q2 24 | $4.9B | $4.3B | ||
| Q1 24 | $5.6B | $4.2B |
| Q4 25 | — | $8.5B | ||
| Q3 25 | $19.2B | $8.3B | ||
| Q2 25 | $19.4B | $7.4B | ||
| Q1 25 | $18.8B | $9.7B | ||
| Q4 24 | $18.7B | $9.9B | ||
| Q3 24 | $19.3B | $9.9B | ||
| Q2 24 | $18.8B | $11.2B | ||
| Q1 24 | — | $11.4B |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.87× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $230.0M | $245.0M |
| Free Cash FlowOCF − Capex | $35.0M | — |
| FCF MarginFCF / Revenue | 2.5% | — |
| Capex IntensityCapex / Revenue | 14.2% | — |
| Cash ConversionOCF / Net Profit | — | 6.62× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $245.0M | ||
| Q3 25 | $230.0M | $76.0M | ||
| Q2 25 | $258.0M | $52.0M | ||
| Q1 25 | $139.0M | $46.0M | ||
| Q4 24 | — | $189.0M | ||
| Q3 24 | $186.0M | $98.0M | ||
| Q2 24 | $155.0M | $164.0M | ||
| Q1 24 | $105.0M | $84.0M |
| Q4 25 | — | — | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $95.0M | — | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $33.0M | — | ||
| Q2 24 | $-31.0M | — | ||
| Q1 24 | $-42.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | -2.3% | — | ||
| Q1 24 | -3.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | 14.2% | — | ||
| Q2 25 | 12.1% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 11.5% | — | ||
| Q2 24 | 13.9% | — | ||
| Q1 24 | 11.1% | — |
| Q4 25 | — | 6.62× | ||
| Q3 25 | — | 38.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | — | 3.09× | ||
| Q1 24 | — | 1.65× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
