How do QVC INC and Tapestry, Inc. compare by revenue?

QVC INC reported revenue of $2.4B in Q4 FY2025, while Tapestry, Inc. reported $2.5B in Q2 FY2026. Tapestry, Inc. is 1.0× larger by last-quarter revenue.

Which is growing revenue faster, QVC INC or Tapestry, Inc.?

QVC INC's latest revenue grew -8.9% year-over-year, versus 14.0% for Tapestry, Inc.. Tapestry, Inc. is growing faster on a YoY basis.

Which has a higher gross margin, QVC INC or Tapestry, Inc.?

QVC INC's gross margin is 32.5% vs Tapestry, Inc.'s 75.5%. Tapestry, Inc. converts more of each revenue dollar into gross profit.

Which has a higher net margin, QVC INC or Tapestry, Inc.?

QVC INC's net margin is 1.5% vs Tapestry, Inc.'s 22.4%. Tapestry, Inc. has the higher bottom-line margin.

What is the 2-year revenue CAGR for QVC INC vs Tapestry, Inc.?

Over the trailing 8 quarters, QVC INC compounded revenue at roughly 7.1% per year, versus 29.9% for Tapestry, Inc.. Tapestry, Inc. has the faster medium-term growth trajectory.

Where does this QVCD vs TPR 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 QVC INC (QVCD) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.

Tapestry, Inc. is the larger business by last-quarter revenue ($2.5B vs $2.4B, roughly 1.0× QVC INC). Tapestry, Inc. runs the higher net margin — 22.4% vs 1.5%, a 20.9% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs -8.9%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs 7.1%).

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.

Tapestry, Inc.TPREarnings & Financial Report

NYSE · Consumer Discretionary · Apparel, Accessories & Luxury Goods

Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.

QVCD vs TPR — Head-to-Head

Bigger by revenue

TPR

1.0× larger

$2.5B

$2.4B

Growing faster (revenue YoY)

TPR

+22.9% gap

14.0%

-8.9%

Higher net margin

TPR

20.9% more per $

22.4%

1.5%

Faster 2-yr revenue CAGR

TPR

Annualised

29.9%

7.1%

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric	QVCD	TPR
Revenue	$2.4B	$2.5B
Net Profit	$37.0M	$561.3M
Gross Margin	32.5%	75.5%
Operating Margin	5.6%	28.6%
Net Margin	1.5%	22.4%
Revenue YoY	-8.9%	14.0%
Net Profit YoY	103.0%	80.8%
EPS (diluted)	—	$2.68

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

TPR

Q4 25	$2.4B	$2.5B
Q3 25	$2.0B	$1.7B
Q2 25	$2.0B	$1.7B
Q1 25	$1.9B	$1.6B
Q4 24	$2.7B	$2.2B
Q3 24	$2.1B	$1.5B
Q2 24	$2.1B	$1.6B
Q1 24	$2.1B	$1.5B

Net Profit

QVCD

TPR

Q4 25	$37.0M	$561.3M
Q3 25	$2.0M	$274.8M
Q2 25	$-2.2B	$-517.1M
Q1 25	$-42.0M	$203.3M
Q4 24	$-1.2B	$310.4M
Q3 24	$51.0M	$186.6M
Q2 24	$53.0M	$159.3M
Q1 24	$51.0M	$139.4M

Gross Margin

QVCD

TPR

Q4 25	32.5%	75.5%
Q3 25	33.6%	76.3%
Q2 25	35.4%	76.3%
Q1 25	33.3%	76.1%
Q4 24	32.6%	74.4%
Q3 24	34.7%	75.3%
Q2 24	35.6%	74.9%
Q1 24	35.0%	74.7%

Operating Margin

QVCD

TPR

Q4 25	5.6%	28.6%
Q3 25	4.6%	19.3%
Q2 25	-114.5%	-33.9%
Q1 25	1.5%	16.0%
Q4 24	-47.1%	22.4%
Q3 24	7.8%	16.7%
Q2 24	7.6%	14.8%
Q1 24	7.4%	13.8%

Net Margin

QVCD

TPR

Q4 25	1.5%	22.4%
Q3 25	0.1%	16.1%
Q2 25	-109.1%	-30.0%
Q1 25	-2.2%	12.8%
Q4 24	-46.0%	14.1%
Q3 24	2.4%	12.4%
Q2 24	2.5%	10.0%
Q1 24	2.4%	9.4%

EPS (diluted)

QVCD

TPR

Q4 25	—	$2.68
Q3 25	—	$1.28
Q2 25	—	$-2.30
Q1 25	—	$0.95
Q4 24	—	$1.38
Q3 24	—	$0.79
Q2 24	—	$0.67
Q1 24	—	$0.60

Balance Sheet & Financial Strength

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

Metric	QVCD	TPR
Cash + ST InvestmentsLiquidity on hand	$1.5B	$1.1B
Total DebtLower is stronger	$1.0M	$2.4B
Stockholders' EquityBook value	$1.2B	$551.2M
Total Assets	$8.5B	$6.5B
Debt / EquityLower = less leverage	0.00×	4.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

QVCD

TPR

Q4 25	$1.5B	$1.1B
Q3 25	—	$743.2M
Q2 25	—	$1.1B
Q1 25	—	$1.1B
Q4 24	$297.0M	$1.0B
Q3 24	$297.0M	$7.3B
Q2 24	$315.0M	$7.2B
Q1 24	$311.0M	$7.4B

Total Debt

QVCD

TPR

Q4 25	$1.0M	$2.4B
Q3 25	$5.0B	$2.4B
Q2 25	$4.0B	$2.4B
Q1 25	$4.0B	$2.4B
Q4 24	$3.3B	$2.4B
Q3 24	$3.4B	$7.0B
Q2 24	$3.7B	$6.9B
Q1 24	$3.8B	$7.7B

Stockholders' Equity

QVCD

TPR

Q4 25	$1.2B	$551.2M
Q3 25	$1.2B	$399.5M
Q2 25	$1.2B	$857.8M
Q1 25	$3.3B	$1.5B
Q4 24	$3.3B	$1.3B
Q3 24	$4.6B	$3.0B
Q2 24	$4.3B	$2.9B
Q1 24	$4.2B	$2.8B

Total Assets

QVCD

TPR

Q4 25	$8.5B	$6.5B
Q3 25	$8.3B	$6.4B
Q2 25	$7.4B	$6.6B
Q1 25	$9.7B	$7.3B
Q4 24	$9.9B	$7.3B
Q3 24	$9.9B	$13.7B
Q2 24	$11.2B	$13.4B
Q1 24	$11.4B	$13.7B

Debt / Equity

QVCD

TPR

Q4 25	0.00×	4.32×
Q3 25	4.30×	5.95×
Q2 25	3.42×	2.77×
Q1 25	1.22×	1.59×
Q4 24	1.01×	1.78×
Q3 24	0.73×	2.35×
Q2 24	0.87×	2.39×
Q1 24	0.89×	2.77×

Cash Flow & Capital Efficiency

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

Metric	QVCD	TPR
Operating Cash FlowLast quarter	$245.0M	$1.1B
Free Cash FlowOCF − Capex	—	$1.0B
FCF MarginFCF / Revenue	—	41.5%
Capex IntensityCapex / Revenue	—	1.7%
Cash ConversionOCF / Net Profit	6.62×	1.93×
TTM Free Cash FlowTrailing 4 quarters	—	$1.6B