Annual report [Section 13 and 15(d), not S-K Item 405]

Revenue (Tables)

v3.26.1
Revenue (Tables)
 12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue
Disaggregated revenue by segment and product category consisted of the following:

Year ended December 31, 2025
(in millions) QxH QVC-International Total
Home $ 2,389  956  3,345 
Apparel 1,094  422  1,516 
Beauty 883  545  1,428 
Accessories 708  206  914 
Electronics 441  66  507 
Jewelry 273  161  434 
Other revenue 148  1  149 
Total net revenue $ 5,936  2,357  8,293 
Year ended December 31, 2024
(in millions) QxH QVC-International Total
Home $ 2,626  975  3,601 
Apparel 1,177  418  1,595 
Beauty 1,010  566  1,576 
Accessories 799  208  1,007 
Electronics 539  69  608 
Jewelry 293  161  454 
Other revenue 154  2  156 
Total net revenue $ 6,598  2,399  8,997 
Year ended December 31, 2023
(in millions) QxH QVC-International Total
Home $ 2,768  982  3,750 
Apparel 1,207  436  1,643 
Beauty 1,083  588  1,671 
Accessories 846  208  1,054 
Electronics 617  68  685 
Jewelry 304  165  469 
Other revenue 170  7  177 
Total net revenue $ 6,995  2,454  9,449 
Summary of Activity in Allowance for Sales Returns
A summary of activity in the allowance for sales returns, recorded on a gross basis for the years ended December 31, 2025, 2024 and 2023, was as follows:
(in millions) Balance
beginning
of year		 Additions-
charged
to earnings		 Deductions Balance
end of
year
2025 $ 171  1,423  (1,454) 140 
2024 197  1,603  (1,629) 171 
2023 182  1,721  (1,706) 197