Monthly UpdateJun 17, 2026, 04:52 PM
QVC Inc. Files Monthly Operating Report Amid Chapter 11
AI Summary
QVC, Inc. has filed its Monthly Operating Report (MOR) for the period ending April 30, 2026, detailing its financial condition and operations during its Chapter 11 bankruptcy case. The report indicates a cash balance of $338,095,102, with receipts of $189,546,732 and disbursements of $189,753,535 for the reporting period. The company reported a net loss of $34,598,764 and a significant net worth deficit of $856,708,689 due to total liabilities exceeding total assets. No professional fees were paid during this period.
Key Highlights
- QVC, Inc. filed its Monthly Operating Report for the period ending April 30, 2026, as required by its Chapter 11 bankruptcy proceedings.
- The report shows a cash balance of $338,095,102 as of April 30, 2026.
- Total receipts for the period April 16 to April 30, 2026, were $189,546,732.
- Total disbursements for the same period were $189,753,535.
- The company reported a net loss of $34,598,764 for the period.
- Total assets were $2,131,812,141, while total liabilities were $2,988,520,830, resulting in a net worth deficit of $856,708,689.
- No professional fees were authorized or paid during this reporting period.
Price Impact
More from QVCD