vs

Side-by-side financial comparison of QVC INC (QVCD) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $2.4B, roughly 1.1× QVC INC). Molson Coors Beverage Company runs the higher net margin — 5.5% vs 1.5%, a 4.0% gap on every dollar of revenue. On growth, Molson Coors Beverage Company posted the faster year-over-year revenue change (2.0% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs -15.8%).

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

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

QVCD vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
1.1× larger
TAP
$2.7B
$2.4B
QVCD
Growing faster (revenue YoY)
TAP
TAP
+11.0% gap
TAP
2.0%
-8.9%
QVCD
Higher net margin
TAP
TAP
4.0% more per $
TAP
5.5%
1.5%
QVCD
Faster 2-yr revenue CAGR
QVCD
QVCD
Annualised
QVCD
7.1%
-15.8%
TAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
QVCD
QVCD
TAP
TAP
Revenue
$2.4B
$2.7B
Net Profit
$37.0M
$150.1M
Gross Margin
32.5%
33.0%
Operating Margin
5.6%
Net Margin
1.5%
5.5%
Revenue YoY
-8.9%
2.0%
Net Profit YoY
103.0%
25.0%
EPS (diluted)
$0.80

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
QVCD
TAP
TAP
Q1 26
$2.7B
Q4 25
$2.4B
$3.1B
Q3 25
$2.0B
$3.5B
Q2 25
$2.0B
$3.7B
Q1 25
$1.9B
$2.7B
Q4 24
$2.7B
$3.2B
Q3 24
$2.1B
$3.6B
Q2 24
$2.1B
$3.8B
Net Profit
QVCD
QVCD
TAP
TAP
Q1 26
$150.1M
Q4 25
$37.0M
$238.3M
Q3 25
$2.0M
$-2.9B
Q2 25
$-2.2B
$428.7M
Q1 25
$-42.0M
$121.0M
Q4 24
$-1.2B
$287.8M
Q3 24
$51.0M
$199.8M
Q2 24
$53.0M
$427.0M
Gross Margin
QVCD
QVCD
TAP
TAP
Q1 26
33.0%
Q4 25
32.5%
31.0%
Q3 25
33.6%
33.7%
Q2 25
35.4%
34.3%
Q1 25
33.3%
31.6%
Q4 24
32.6%
32.0%
Q3 24
34.7%
33.4%
Q2 24
35.6%
34.6%
Operating Margin
QVCD
QVCD
TAP
TAP
Q1 26
Q4 25
5.6%
10.4%
Q3 25
4.6%
-98.5%
Q2 25
-114.5%
15.6%
Q1 25
1.5%
6.9%
Q4 24
-47.1%
12.0%
Q3 24
7.8%
12.5%
Q2 24
7.6%
15.6%
Net Margin
QVCD
QVCD
TAP
TAP
Q1 26
5.5%
Q4 25
1.5%
7.6%
Q3 25
0.1%
-84.0%
Q2 25
-109.1%
11.5%
Q1 25
-2.2%
4.5%
Q4 24
-46.0%
8.9%
Q3 24
2.4%
5.5%
Q2 24
2.5%
11.1%
EPS (diluted)
QVCD
QVCD
TAP
TAP
Q1 26
$0.80
Q4 25
$1.32
Q3 25
$-14.79
Q2 25
$2.13
Q1 25
$0.59
Q4 24
$1.39
Q3 24
$0.96
Q2 24
$2.03

Balance Sheet & Financial Strength

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

Metric
QVCD
QVCD
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$1.5B
$382.6M
Total DebtLower is stronger
$1.0M
$3.8B
Stockholders' EquityBook value
$1.2B
$10.3B
Total Assets
$8.5B
$22.4B
Debt / EquityLower = less leverage
0.00×
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QVCD
QVCD
TAP
TAP
Q1 26
$382.6M
Q4 25
$1.5B
$896.5M
Q3 25
$950.2M
Q2 25
$613.8M
Q1 25
$412.7M
Q4 24
$297.0M
$969.3M
Q3 24
$297.0M
$1.0B
Q2 24
$315.0M
$1.6B
Total Debt
QVCD
QVCD
TAP
TAP
Q1 26
$3.8B
Q4 25
$1.0M
$6.3B
Q3 25
$5.0B
$6.3B
Q2 25
$4.0B
$6.3B
Q1 25
$4.0B
$6.2B
Q4 24
$3.3B
$6.1B
Q3 24
$3.4B
$6.2B
Q2 24
$3.7B
$7.0B
Stockholders' Equity
QVCD
QVCD
TAP
TAP
Q1 26
$10.3B
Q4 25
$1.2B
$10.2B
Q3 25
$1.2B
$10.3B
Q2 25
$1.2B
$13.4B
Q1 25
$3.3B
$13.1B
Q4 24
$3.3B
$13.1B
Q3 24
$4.6B
$13.3B
Q2 24
$4.3B
$13.2B
Total Assets
QVCD
QVCD
TAP
TAP
Q1 26
$22.4B
Q4 25
$8.5B
$22.7B
Q3 25
$8.3B
$22.9B
Q2 25
$7.4B
$26.8B
Q1 25
$9.7B
$25.9B
Q4 24
$9.9B
$26.1B
Q3 24
$9.9B
$26.6B
Q2 24
$11.2B
$27.4B
Debt / Equity
QVCD
QVCD
TAP
TAP
Q1 26
0.38×
Q4 25
0.00×
0.61×
Q3 25
4.30×
0.61×
Q2 25
3.42×
0.47×
Q1 25
1.22×
0.47×
Q4 24
1.01×
0.47×
Q3 24
0.73×
0.47×
Q2 24
0.87×
0.53×

Cash Flow & Capital Efficiency

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

Metric
QVCD
QVCD
TAP
TAP
Operating Cash FlowLast quarter
$245.0M
Free Cash FlowOCF − Capex
$-212.9M
FCF MarginFCF / Revenue
-7.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.62×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QVCD
QVCD
TAP
TAP
Q1 26
Q4 25
$245.0M
$540.7M
Q3 25
$76.0M
$616.1M
Q2 25
$52.0M
$718.3M
Q1 25
$46.0M
$-90.7M
Q4 24
$189.0M
$494.5M
Q3 24
$98.0M
$521.2M
Q2 24
$164.0M
$869.2M
Free Cash Flow
QVCD
QVCD
TAP
TAP
Q1 26
$-212.9M
Q4 25
$357.8M
Q3 25
$483.0M
Q2 25
$555.0M
Q1 25
$-328.0M
Q4 24
$383.4M
Q3 24
$350.4M
Q2 24
$691.7M
FCF Margin
QVCD
QVCD
TAP
TAP
Q1 26
-7.8%
Q4 25
11.4%
Q3 25
13.9%
Q2 25
14.8%
Q1 25
-12.2%
Q4 24
11.8%
Q3 24
9.7%
Q2 24
18.0%
Capex Intensity
QVCD
QVCD
TAP
TAP
Q1 26
Q4 25
5.9%
Q3 25
3.8%
Q2 25
4.4%
Q1 25
8.8%
Q4 24
3.4%
Q3 24
4.7%
Q2 24
4.6%
Cash Conversion
QVCD
QVCD
TAP
TAP
Q1 26
Q4 25
6.62×
2.27×
Q3 25
38.00×
Q2 25
1.68×
Q1 25
-0.75×
Q4 24
1.72×
Q3 24
1.92×
2.61×
Q2 24
3.09×
2.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QVCD
QVCD

Home$754.0M31%
QVC International$661.0M27%
Beauty$260.0M11%
Apparel$254.0M10%
Electronics$187.0M8%
Accessories$181.0M7%
Jewelry$87.0M4%
Otherrevenue$38.0M2%

TAP
TAP

Segment breakdown not available.

Related Comparisons