vs

Side-by-side financial comparison of QVC Group, Inc. (QVCGA) and Vertex Pharmaceuticals (VRTX). Click either name above to swap in a different company.

Vertex Pharmaceuticals is the larger business by last-quarter revenue ($3.2B vs $2.7B, roughly 1.2× QVC Group, Inc.). Vertex Pharmaceuticals runs the higher net margin — 37.3% vs -1.4%, a 38.7% gap on every dollar of revenue. On growth, Vertex Pharmaceuticals posted the faster year-over-year revenue change (9.5% vs -9.1%). Vertex Pharmaceuticals produced more free cash flow last quarter ($348.6M vs $191.0M). Over the past eight quarters, Vertex Pharmaceuticals's revenue compounded faster (8.9% 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.

Vertex Pharmaceuticals Incorporated is an American biopharmaceutical company based in Boston, Massachusetts. It was one of the first biotech firms to use an explicit strategy of rational drug design rather than combinatorial chemistry. It maintains headquarters in Boston, Massachusetts, and three research facilities, in San Diego, California, and Milton Park, Oxfordshire, England.

QVCGA vs VRTX — Head-to-Head

Bigger by revenue
VRTX
VRTX
1.2× larger
VRTX
$3.2B
$2.7B
QVCGA
Growing faster (revenue YoY)
VRTX
VRTX
+18.6% gap
VRTX
9.5%
-9.1%
QVCGA
Higher net margin
VRTX
VRTX
38.7% more per $
VRTX
37.3%
-1.4%
QVCGA
More free cash flow
VRTX
VRTX
$157.6M more FCF
VRTX
$348.6M
$191.0M
QVCGA
Faster 2-yr revenue CAGR
VRTX
VRTX
Annualised
VRTX
8.9%
6.9%
QVCGA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
QVCGA
QVCGA
VRTX
VRTX
Revenue
$2.7B
$3.2B
Net Profit
$-37.0M
$1.2B
Gross Margin
32.9%
85.4%
Operating Margin
3.7%
37.8%
Net Margin
-1.4%
37.3%
Revenue YoY
-9.1%
9.5%
Net Profit YoY
97.1%
30.5%
EPS (diluted)
$-17.37
$4.64

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
VRTX
VRTX
Q4 25
$2.7B
$3.2B
Q3 25
$2.2B
$3.1B
Q2 25
$2.2B
$3.0B
Q1 25
$2.1B
$2.8B
Q4 24
$2.9B
$2.9B
Q3 24
$2.3B
$2.8B
Q2 24
$2.4B
$2.6B
Q1 24
$2.3B
$2.7B
Net Profit
QVCGA
QVCGA
VRTX
VRTX
Q4 25
$-37.0M
$1.2B
Q3 25
$-80.0M
$1.1B
Q2 25
$-2.2B
$1.0B
Q1 25
$-100.0M
$646.3M
Q4 24
$-1.3B
$913.0M
Q3 24
$-23.0M
$1.0B
Q2 24
$20.0M
$-3.6B
Q1 24
$-1.0M
$1.1B
Gross Margin
QVCGA
QVCGA
VRTX
VRTX
Q4 25
32.9%
85.4%
Q3 25
34.0%
86.5%
Q2 25
36.4%
86.3%
Q1 25
34.2%
86.9%
Q4 24
33.3%
85.5%
Q3 24
35.3%
85.8%
Q2 24
36.4%
85.9%
Q1 24
35.5%
87.3%
Operating Margin
QVCGA
QVCGA
VRTX
VRTX
Q4 25
3.7%
37.8%
Q3 25
2.7%
38.6%
Q2 25
-101.6%
38.8%
Q1 25
0.7%
22.7%
Q4 24
-43.2%
35.2%
Q3 24
6.5%
40.3%
Q2 24
6.9%
-132.9%
Q1 24
6.2%
42.4%
Net Margin
QVCGA
QVCGA
VRTX
VRTX
Q4 25
-1.4%
37.3%
Q3 25
-3.6%
35.2%
Q2 25
-99.4%
34.8%
Q1 25
-4.8%
23.3%
Q4 24
-43.7%
31.4%
Q3 24
-1.0%
37.7%
Q2 24
0.8%
-135.8%
Q1 24
-0.0%
40.9%
EPS (diluted)
QVCGA
QVCGA
VRTX
VRTX
Q4 25
$-17.37
$4.64
Q3 25
$-9.89
$4.20
Q2 25
$-275.46
$3.99
Q1 25
$-0.25
$2.49
Q4 24
$3.62
Q3 24
$-0.06
$4.01
Q2 24
$2.57
$-13.92
Q1 24
$4.21

Balance Sheet & Financial Strength

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

Metric
QVCGA
QVCGA
VRTX
VRTX
Cash + ST InvestmentsLiquidity on hand
$2.0B
$6.6B
Total DebtLower is stronger
$790.0M
Stockholders' EquityBook value
$-3.1B
$18.7B
Total Assets
$7.6B
$25.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QVCGA
QVCGA
VRTX
VRTX
Q4 25
$2.0B
$6.6B
Q3 25
$1.8B
$6.3B
Q2 25
$897.0M
$6.4B
Q1 25
$833.0M
$6.2B
Q4 24
$905.0M
$6.1B
Q3 24
$873.0M
$6.5B
Q2 24
$1.2B
$5.8B
Q1 24
$1.1B
$10.2B
Total Debt
QVCGA
QVCGA
VRTX
VRTX
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
VRTX
VRTX
Q4 25
$-3.1B
$18.7B
Q3 25
$-3.1B
$17.3B
Q2 25
$-3.0B
$17.2B
Q1 25
$-981.0M
$16.5B
Q4 24
$-971.0M
$16.4B
Q3 24
$397.0M
$15.6B
Q2 24
$328.0M
$14.8B
Q1 24
$255.0M
$18.5B
Total Assets
QVCGA
QVCGA
VRTX
VRTX
Q4 25
$7.6B
$25.6B
Q3 25
$7.6B
$24.9B
Q2 25
$6.7B
$24.0B
Q1 25
$9.0B
$22.9B
Q4 24
$9.2B
$22.5B
Q3 24
$10.8B
$22.2B
Q2 24
$10.9B
$20.1B
Q1 24
$11.0B
$23.9B
Debt / Equity
QVCGA
QVCGA
VRTX
VRTX
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
VRTX
VRTX
Operating Cash FlowLast quarter
$244.0M
$498.0M
Free Cash FlowOCF − Capex
$191.0M
$348.6M
FCF MarginFCF / Revenue
7.1%
10.9%
Capex IntensityCapex / Revenue
2.0%
4.7%
Cash ConversionOCF / Net Profit
0.42×
TTM Free Cash FlowTrailing 4 quarters
$118.0M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QVCGA
QVCGA
VRTX
VRTX
Q4 25
$244.0M
$498.0M
Q3 25
$4.0M
$1.2B
Q2 25
$86.0M
$1.1B
Q1 25
$-60.0M
$818.9M
Q4 24
$212.0M
$584.6M
Q3 24
$20.0M
$1.4B
Q2 24
$267.0M
$-3.8B
Q1 24
$26.0M
$1.3B
Free Cash Flow
QVCGA
QVCGA
VRTX
VRTX
Q4 25
$191.0M
$348.6M
Q3 25
$-27.0M
$1.1B
Q2 25
$48.0M
$927.4M
Q1 25
$-94.0M
$778.2M
Q4 24
$150.0M
$492.0M
Q3 24
$-23.0M
$1.3B
Q2 24
$213.0M
$-3.8B
Q1 24
$-14.0M
$1.2B
FCF Margin
QVCGA
QVCGA
VRTX
VRTX
Q4 25
7.1%
10.9%
Q3 25
-1.2%
37.0%
Q2 25
2.1%
31.3%
Q1 25
-4.5%
28.1%
Q4 24
5.1%
16.9%
Q3 24
-1.0%
47.0%
Q2 24
8.8%
-144.5%
Q1 24
-0.6%
46.0%
Capex Intensity
QVCGA
QVCGA
VRTX
VRTX
Q4 25
2.0%
4.7%
Q3 25
1.4%
3.3%
Q2 25
1.7%
4.9%
Q1 25
1.6%
1.5%
Q4 24
2.1%
3.2%
Q3 24
1.8%
2.4%
Q2 24
2.2%
2.6%
Q1 24
1.7%
2.5%
Cash Conversion
QVCGA
QVCGA
VRTX
VRTX
Q4 25
0.42×
Q3 25
1.15×
Q2 25
1.04×
Q1 25
1.27×
Q4 24
0.64×
Q3 24
1.31×
Q2 24
13.35×
Q1 24
1.19×

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%

VRTX
VRTX

TRIKAFTAKAFTRIO$2.6B81%
ALYFTREK$380.1M12%
Manufactured Product Other$237.4M7%

Related Comparisons