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Amazon Com vs Qvc: revenue, profit, margins and growth compared

Amazon Com brought in $716.9B of revenue in fiscal 2025, Qvc $8.3B in fiscal 2025. Revenue changed by +12.4% at Amazon Com and -7.8% at Qvc on the year before, so Amazon Com grew faster. Amazon Com kept 10.8% of its revenue as net profit, Qvc -26.1%. Free cash flow was $7.7B at Amazon Com and $287M at Qvc.

Side by side, latest fiscal year

AMZNQVCCQ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$716.9B$8.3B
Revenue growth+12.4%-7.8%
Net income$77.7B-$2.2B
Net margin10.8%-26.1%
Free cash flow$7.7B$287M
Free cash flow margin1.1%3.5%
Earnings per share (diluted)$7.17n/a
Cash$86.8B$1.5B
Debt$68.8B$5B
Price to earnings34.3n/a
Market value$2.66T$12
Dividend yieldn/an/a
Rank by revenue in sector#1 of 1065 · Consumer discretionary#143 of 1065 · Consumer discretionary

Over the years

Revenue
AMZN FY2018: $232.9BAMZN FY2019: $280.5BAMZN FY2020: $386.1BAMZN FY2021: $469.8BAMZN FY2022: $514BAMZN FY2023: $574.8BAMZN FY2024: $638BAMZN FY2025: $716.9BQVCCQ FY2018: $11.3BQVCCQ FY2019: $11BQVCCQ FY2020: $11.5BQVCCQ FY2021: $11.4BQVCCQ FY2022: $9.9BQVCCQ FY2023: $9.4BQVCCQ FY2024: $9BQVCCQ FY2025: $8.3BFY18FY19FY20FY21FY22FY23FY24FY25
AMZN $716.9BQVCCQ $8.3B
Net income
AMZN FY2018: $10.1BAMZN FY2019: $11.6BAMZN FY2020: $21.3BAMZN FY2021: $33.4BAMZN FY2022: -$2.7BAMZN FY2023: $30.4BAMZN FY2024: $59.2BAMZN FY2025: $77.7BQVCCQ FY2018: $882MQVCCQ FY2019: $767MQVCCQ FY2020: $844MQVCCQ FY2021: $787MQVCCQ FY2022: -$1.9BQVCCQ FY2023: $159MQVCCQ FY2024: -$1.1BQVCCQ FY2025: -$2.2BFY18FY19FY20FY21FY22FY23FY24FY25
AMZN $77.7BQVCCQ -$2.2B
Net margin
AMZN FY2018: 4.3%AMZN FY2019: 4.1%AMZN FY2020: 5.5%AMZN FY2021: 7.1%AMZN FY2022: -0.5%AMZN FY2023: 5.3%AMZN FY2024: 9.3%AMZN FY2025: 10.8%QVCCQ FY2018: 7.8%QVCCQ FY2019: 7.0%QVCCQ FY2020: 7.4%QVCCQ FY2021: 6.9%QVCCQ FY2022: -18.9%QVCCQ FY2023: 1.7%QVCCQ FY2024: -11.9%QVCCQ FY2025: -26.1%FY18FY19FY20FY21FY22FY23FY24FY25
AMZN 10.8%QVCCQ -26.1%
Revenue growth
AMZN FY2019: +20.5%AMZN FY2020: +37.6%AMZN FY2021: +21.7%AMZN FY2022: +9.4%AMZN FY2023: +11.8%AMZN FY2024: +11.0%AMZN FY2025: +12.4%QVCCQ FY2019: -2.6%QVCCQ FY2020: +4.4%QVCCQ FY2021: -1.0%QVCCQ FY2022: -12.9%QVCCQ FY2023: -4.4%QVCCQ FY2024: -4.8%QVCCQ FY2025: -7.8%FY19FY20FY21FY22FY23FY24FY25
AMZN +12.4%QVCCQ -7.8%
Free cash flow
AMZN FY2018: $17.3BAMZN FY2019: $21.7BAMZN FY2020: $25.9BAMZN FY2021: -$14.7BAMZN FY2022: -$16.9BAMZN FY2023: $32.2BAMZN FY2024: $32.9BAMZN FY2025: $7.7BQVCCQ FY2019: $1BQVCCQ FY2020: $2BQVCCQ FY2021: $959MQVCCQ FY2022: $193MQVCCQ FY2023: $912MQVCCQ FY2024: $362MQVCCQ FY2025: $287MFY18FY19FY20FY21FY22FY23FY24FY25
AMZN $7.7BQVCCQ $287M

Fiscal years as each company reports them; the two may end in different months.

Questions about Amazon Com and Qvc

Which is bigger by revenue, Amazon Com or Qvc?

Amazon Com is bigger by revenue: $716.9B in fiscal 2025, against $8.3B for Qvc in fiscal 2025.

Which keeps more of its revenue as profit, Amazon Com or Qvc?

Amazon Com had a net margin of 10.8% in fiscal 2025; Qvc had -26.1% in fiscal 2025.

Which grew revenue faster, Amazon Com or Qvc?

In their latest fiscal years revenue changed by +12.4% at Amazon Com and -7.8% at Qvc.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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