vs

Side-by-side financial comparison of QVC Group, Inc. (QVCGA) and Take-Two Interactive (TTWO). Click either name above to swap in a different company.

QVC Group, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.7B, roughly 1.6× Take-Two Interactive). QVC Group, Inc. runs the higher net margin — -1.4% vs -5.5%, a 4.1% gap on every dollar of revenue. On growth, Take-Two Interactive posted the faster year-over-year revenue change (24.9% vs -9.1%). Take-Two Interactive produced more free cash flow last quarter ($236.2M vs $191.0M). Over the past eight quarters, Take-Two Interactive's revenue compounded faster (10.2% CAGR vs 6.9%).

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

Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993.

QVCGA vs TTWO — Head-to-Head

Bigger by revenue
QVCGA
QVCGA
1.6× larger
QVCGA
$2.7B
$1.7B
TTWO
Growing faster (revenue YoY)
TTWO
TTWO
+34.0% gap
TTWO
24.9%
-9.1%
QVCGA
Higher net margin
QVCGA
QVCGA
4.1% more per $
QVCGA
-1.4%
-5.5%
TTWO
More free cash flow
TTWO
TTWO
$45.2M more FCF
TTWO
$236.2M
$191.0M
QVCGA
Faster 2-yr revenue CAGR
TTWO
TTWO
Annualised
TTWO
10.2%
6.9%
QVCGA

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
QVCGA
QVCGA
TTWO
TTWO
Revenue
$2.7B
$1.7B
Net Profit
$-37.0M
$-92.9M
Gross Margin
32.9%
55.7%
Operating Margin
3.7%
-2.3%
Net Margin
-1.4%
-5.5%
Revenue YoY
-9.1%
24.9%
Net Profit YoY
97.1%
25.8%
EPS (diluted)
$-17.37
$-0.50

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
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$2.7B
$1.7B
Q3 25
$2.2B
$1.8B
Q2 25
$2.2B
$1.5B
Q1 25
$2.1B
$1.6B
Q4 24
$2.9B
$1.4B
Q3 24
$2.3B
$1.4B
Q2 24
$2.4B
$1.3B
Q1 24
$2.3B
$1.4B
Net Profit
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$-37.0M
$-92.9M
Q3 25
$-80.0M
$-133.9M
Q2 25
$-2.2B
$-11.9M
Q1 25
$-100.0M
$-3.7B
Q4 24
$-1.3B
$-125.2M
Q3 24
$-23.0M
$-365.5M
Q2 24
$20.0M
$-262.0M
Q1 24
$-1.0M
$-2.9B
Gross Margin
QVCGA
QVCGA
TTWO
TTWO
Q4 25
32.9%
55.7%
Q3 25
34.0%
55.3%
Q2 25
36.4%
62.8%
Q1 25
34.2%
50.8%
Q4 24
33.3%
55.9%
Q3 24
35.3%
53.8%
Q2 24
36.4%
57.6%
Q1 24
35.5%
33.5%
Operating Margin
QVCGA
QVCGA
TTWO
TTWO
Q4 25
3.7%
-2.3%
Q3 25
2.7%
-5.5%
Q2 25
-101.6%
1.4%
Q1 25
0.7%
-238.7%
Q4 24
-43.2%
-9.7%
Q3 24
6.5%
-22.0%
Q2 24
6.9%
-13.8%
Q1 24
6.2%
-193.9%
Net Margin
QVCGA
QVCGA
TTWO
TTWO
Q4 25
-1.4%
-5.5%
Q3 25
-3.6%
-7.5%
Q2 25
-99.4%
-0.8%
Q1 25
-4.8%
-235.5%
Q4 24
-43.7%
-9.2%
Q3 24
-1.0%
-27.0%
Q2 24
0.8%
-19.6%
Q1 24
-0.0%
-207.4%
EPS (diluted)
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$-17.37
$-0.50
Q3 25
$-9.89
$-0.73
Q2 25
$-275.46
$-0.07
Q1 25
$-0.25
$-21.27
Q4 24
$-0.71
Q3 24
$-0.06
$-2.08
Q2 24
$2.57
$-1.52
Q1 24
$-17.05

Balance Sheet & Financial Strength

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

Metric
QVCGA
QVCGA
TTWO
TTWO
Cash + ST InvestmentsLiquidity on hand
$2.0B
$2.4B
Total DebtLower is stronger
$790.0M
Stockholders' EquityBook value
$-3.1B
$3.5B
Total Assets
$7.6B
$10.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$2.0B
$2.4B
Q3 25
$1.8B
$2.1B
Q2 25
$897.0M
$2.0B
Q1 25
$833.0M
$1.5B
Q4 24
$905.0M
$1.2B
Q3 24
$873.0M
$879.6M
Q2 24
$1.2B
$1.1B
Q1 24
$1.1B
$776.0M
Total Debt
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$790.0M
Q3 25
$5.9B
Q2 25
$4.9B
Q1 25
$5.0B
Q4 24
$4.1B
Q3 24
$5.1B
Q2 24
$5.3B
Q1 24
$5.5B
Stockholders' Equity
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$-3.1B
$3.5B
Q3 25
$-3.1B
$3.4B
Q2 25
$-3.0B
$3.5B
Q1 25
$-981.0M
$2.1B
Q4 24
$-971.0M
$5.7B
Q3 24
$397.0M
$5.8B
Q2 24
$328.0M
$6.0B
Q1 24
$255.0M
$5.7B
Total Assets
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$7.6B
$10.0B
Q3 25
$7.6B
$10.1B
Q2 25
$6.7B
$9.7B
Q1 25
$9.0B
$9.2B
Q4 24
$9.2B
$12.7B
Q3 24
$10.8B
$13.1B
Q2 24
$10.9B
$12.9B
Q1 24
$11.0B
$12.2B
Debt / Equity
QVCGA
QVCGA
TTWO
TTWO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
12.74×
Q2 24
16.28×
Q1 24
21.53×

Cash Flow & Capital Efficiency

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

Metric
QVCGA
QVCGA
TTWO
TTWO
Operating Cash FlowLast quarter
$244.0M
$305.2M
Free Cash FlowOCF − Capex
$191.0M
$236.2M
FCF MarginFCF / Revenue
7.1%
13.9%
Capex IntensityCapex / Revenue
2.0%
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$118.0M
$487.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$244.0M
$305.2M
Q3 25
$4.0M
$128.4M
Q2 25
$86.0M
$-44.7M
Q1 25
$-60.0M
$279.0M
Q4 24
$212.0M
$-4.8M
Q3 24
$20.0M
$-128.4M
Q2 24
$267.0M
$-191.0M
Q1 24
$26.0M
$-8.9M
Free Cash Flow
QVCGA
QVCGA
TTWO
TTWO
Q4 25
$191.0M
$236.2M
Q3 25
$-27.0M
$96.5M
Q2 25
$48.0M
$-69.8M
Q1 25
$-94.0M
$224.9M
Q4 24
$150.0M
$-48.2M
Q3 24
$-23.0M
$-165.2M
Q2 24
$213.0M
$-226.1M
Q1 24
$-14.0M
$-55.1M
FCF Margin
QVCGA
QVCGA
TTWO
TTWO
Q4 25
7.1%
13.9%
Q3 25
-1.2%
5.4%
Q2 25
2.1%
-4.6%
Q1 25
-4.5%
14.2%
Q4 24
5.1%
-3.5%
Q3 24
-1.0%
-12.2%
Q2 24
8.8%
-16.9%
Q1 24
-0.6%
-3.9%
Capex Intensity
QVCGA
QVCGA
TTWO
TTWO
Q4 25
2.0%
4.1%
Q3 25
1.4%
1.8%
Q2 25
1.7%
1.7%
Q1 25
1.6%
3.4%
Q4 24
2.1%
3.2%
Q3 24
1.8%
2.7%
Q2 24
2.2%
2.6%
Q1 24
1.7%
3.3%
Cash Conversion
QVCGA
QVCGA
TTWO
TTWO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
13.35×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

QVCGA
QVCGA

Other$915.0M34%
Home$754.0M28%
Beauty$260.0M10%
Apparel$254.0M9%
Electronics$187.0M7%
Accessories$181.0M7%
Jewelry$87.0M3%
Manufactured Product Other$38.0M1%

TTWO
TTWO

Segment breakdown not available.

Related Comparisons