QVC Group, Inc. has filed a monthly operating report with the United States Bankruptcy Court for the Southern District of Texas, detailing the company's financial position as of August 5, 2026. This report covers the period from August 1, 2026, to August 5, 2026, and was submitted on September 21, 2026. The filing is part of the company's ongoing Chapter 11 reorganization process, which began on April 16, 2026.
According to the report, QVC Group’s cash balance at the end of the reporting period was $205,415,675. Total receipts for the month amounted to $48,017,456, while total disbursements were $43,185,336. The company reported gross income (sales) of $295,764,484 and a gross profit of $107,760,173 for the month. However, the company recorded a net loss of $42,288,271 for the period, with total expenses including interest, taxes, and reorganization items totaling $338,052,755.
The company’s balance sheet as of August 5, 2026, shows total assets of $2,051,922,390, consisting primarily of accounts receivable ($394,605,500) and inventory ($595,311,909). Total liabilities were reported at $7,891,414,791, which includes postpetition debt of $303,354,501 and prepetition debt, including secured debt ($5,046,391,000), priority debt ($4,180,810), and unsecured debt ($2,537,488,480). The company reported an ending equity deficit of $5,839,492,401.
The filing also notes that the company has 12,500 full-time employees. No assets were sold or transferred outside the ordinary course of business during the reporting period. The company has not paid any professional fees or expenses for the month, and no payments were made on prepetition debt or to insiders during this timeframe.
