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Side-by-side financial comparison of QVC Group, Inc. (QVCGA) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
QVC Group, Inc. is the larger business by last-quarter revenue ($2.7B vs $2.2B, roughly 1.2× RENAISSANCERE HOLDINGS LTD). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs -1.4%, a 24.9% gap on every dollar of revenue. On growth, QVC Group, Inc. posted the faster year-over-year revenue change (-9.1% vs -36.8%). Over the past eight quarters, QVC Group, Inc.'s revenue compounded faster (6.9% CAGR vs -11.9%).
QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
QVCGA vs RNR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.7B | $2.2B |
| Net Profit | $-37.0M | $515.8M |
| Gross Margin | 32.9% | — |
| Operating Margin | 3.7% | — |
| Net Margin | -1.4% | 23.5% |
| Revenue YoY | -9.1% | -36.8% |
| Net Profit YoY | 97.1% | 72.6% |
| EPS (diluted) | $-17.37 | $6.57 |
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.
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.7B | $3.0B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $2.3B | $4.0B | ||
| Q2 24 | $2.4B | $2.8B |
| Q1 26 | — | $515.8M | ||
| Q4 25 | $-37.0M | $760.5M | ||
| Q3 25 | $-80.0M | $916.5M | ||
| Q2 25 | $-2.2B | $835.4M | ||
| Q1 25 | $-100.0M | $170.0M | ||
| Q4 24 | $-1.3B | $-189.7M | ||
| Q3 24 | $-23.0M | $1.2B | ||
| Q2 24 | $20.0M | $503.9M |
| Q1 26 | — | — | ||
| Q4 25 | 32.9% | — | ||
| Q3 25 | 34.0% | — | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 34.2% | — | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 35.3% | — | ||
| Q2 24 | 36.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 42.5% | ||
| Q3 25 | 2.7% | 46.3% | ||
| Q2 25 | -101.6% | 41.8% | ||
| Q1 25 | 0.7% | -2.0% | ||
| Q4 24 | -43.2% | -3.6% | ||
| Q3 24 | 6.5% | 43.7% | ||
| Q2 24 | 6.9% | 25.0% |
| Q1 26 | — | 23.5% | ||
| Q4 25 | -1.4% | 25.6% | ||
| Q3 25 | -3.6% | 28.7% | ||
| Q2 25 | -99.4% | 26.1% | ||
| Q1 25 | -4.8% | 4.9% | ||
| Q4 24 | -43.7% | -8.3% | ||
| Q3 24 | -1.0% | 29.8% | ||
| Q2 24 | 0.8% | 17.8% |
| Q1 26 | — | $6.57 | ||
| Q4 25 | $-17.37 | $16.16 | ||
| Q3 25 | $-9.89 | $19.40 | ||
| Q2 25 | $-275.46 | $17.20 | ||
| Q1 25 | $-0.25 | $3.27 | ||
| Q4 24 | — | $-3.76 | ||
| Q3 24 | $-0.06 | $22.62 | ||
| Q2 24 | $2.57 | $9.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $1.6B |
| Total DebtLower is stronger | $790.0M | — |
| Stockholders' EquityBook value | $-3.1B | $4.3B |
| Total Assets | $7.6B | $53.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $897.0M | $1.4B | ||
| Q1 25 | $833.0M | $1.6B | ||
| Q4 24 | $905.0M | $1.7B | ||
| Q3 24 | $873.0M | $1.6B | ||
| Q2 24 | $1.2B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $790.0M | $2.3B | ||
| Q3 25 | $5.9B | $2.2B | ||
| Q2 25 | $4.9B | $2.3B | ||
| Q1 25 | $5.0B | $2.8B | ||
| Q4 24 | $4.1B | $1.9B | ||
| Q3 24 | $5.1B | $1.9B | ||
| Q2 24 | $5.3B | $2.0B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $-3.1B | $11.6B | ||
| Q3 25 | $-3.1B | $11.5B | ||
| Q2 25 | $-3.0B | $10.8B | ||
| Q1 25 | $-981.0M | $10.3B | ||
| Q4 24 | $-971.0M | $10.6B | ||
| Q3 24 | $397.0M | $11.2B | ||
| Q2 24 | $328.0M | $10.2B |
| Q1 26 | — | $53.7B | ||
| Q4 25 | $7.6B | $53.8B | ||
| Q3 25 | $7.6B | $54.5B | ||
| Q2 25 | $6.7B | $54.7B | ||
| Q1 25 | $9.0B | $53.6B | ||
| Q4 24 | $9.2B | $50.7B | ||
| Q3 24 | $10.8B | $52.8B | ||
| Q2 24 | $10.9B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | 12.74× | 0.17× | ||
| Q2 24 | 16.28× | 0.19× |
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 | $244.0M | — |
| Free Cash FlowOCF − Capex | $191.0M | — |
| FCF MarginFCF / Revenue | 7.1% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $118.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $244.0M | $483.0M | ||
| Q3 25 | $4.0M | $1.6B | ||
| Q2 25 | $86.0M | $1.5B | ||
| Q1 25 | $-60.0M | $157.8M | ||
| Q4 24 | $212.0M | $778.9M | ||
| Q3 24 | $20.0M | $1.5B | ||
| Q2 24 | $267.0M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $191.0M | — | ||
| Q3 25 | $-27.0M | — | ||
| Q2 25 | $48.0M | — | ||
| Q1 25 | $-94.0M | — | ||
| Q4 24 | $150.0M | — | ||
| Q3 24 | $-23.0M | — | ||
| Q2 24 | $213.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | -1.2% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | -4.5% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | 8.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 13.35× | 2.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
QVCGA
| Other | $915.0M | 34% |
| Home | $754.0M | 28% |
| Beauty | $260.0M | 10% |
| Apparel | $254.0M | 9% |
| Electronics | $187.0M | 7% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 3% |
| Manufactured Product Other | $38.0M | 1% |
RNR
Segment breakdown not available.
