Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Disney reports robust Q4 results, focuses on streaming and Experiences growth

Disney's Q4 earnings call highlights strong performance across key segments, creative content offerings, and strategic investments. While facing challenges in certain areas, the company is focused on leveraging opportunities in streaming, DTC margins, and international expansion. Overall, Disney remains optimistic about its growth trajectory and future prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Amazon

Netflix

Netflix, Disney, and Amazon dominate a crowded streaming industry. Live sports could impact how market shares change over time.

Here Are the Top 3 Streaming Services by Subscriber Count. But Which Has the Best Stock to Buy Now?

MercadoLibre

This Latin American e-commerce leader continues to report tremendous growth, while the stock's valuation supports significant near-term upside potential. A return to profitable growth is driving Disney stock higher in 2024, and there's more to come.

2 Stocks Outperforming the S&P 500 With Room to Run

Disney had several big announcements in its earnings call. It's borrowing a strategy from Netflix called paid sharing.

Disney's Latest Strategy Looks Like a Slam Dunk for Investors. Is the Stock a Buy?

A major sports streaming collaboration between Walt Disney Co (NYSE:DIS, ETR:WDP)'s ESPN, Fox Corp (NASDAQ:FOXA) and Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) will be interrogated under US antitrust regulations, according to reports. Quoting “two people familiar with the matter”, Bloomberg reported that the Department of Justice is concerned that the joint venture could harm consumers, media rivals and even sports leagues.

Disney-Fox-Warner mega sports streamer faces antitrust probe

Following a dramatic year, during which Walt Disney Co (NYSE: DIS) witnessed ups and downs ranging from massive subscriber losses, actors and writers' strikes, and cuts that made its streaming business more profitable, the company's stock has recently made a massively bullish upturn.

Disney stock hits 1-year high; What's next for DIS?

Standard Chartered has appointed former Walt Disney Company executive Diane Jurgens to its board as an independent non-executive director, the British-based bank said on Friday.

StanChart names former Disney executive Diane Jurgens as new board director

Disney CEO Robert Iger is motivated to position Disney for the next cycle of the streaming wars. The market is optimistic due to solid numbers and potential catalysts. Disney should aggressively attack their debt load, but it is nevertheless in good financial shape, with better free-cash-flow prospects.

Disney: Bob Iger Is Serious About A Comeback

Twenty-First Century Fox

Warner Bros Discovery Inc

The regulators will examine the terms of the deal when it is finalized, the report added.

Disney, Fox, Warner Bros' sports streaming deal facing DOJ probe: report

The U.S. Department of Justice aims to scrutinize a sports streaming platform planned by Walt Disney , Fox and Warner Bros Discovery over concerns it could harm consumers, sports leagues and rivals, Bloomberg Law reported on Thursday.

US to scrutinize Disney, Fox, Warner sports streaming deal, Bloomberg Law reports

And, hey, we just celebrated a romantic holiday. So of course we've got a look at 1-800-Flowers.

Disney's New Magic: Cutting Costs

Bob Iger's return brought major changes to Disney, including the changing of its revenue segments. Disney's diverse revenue streams and recent financial wins could make it worth adding to your portfolio.

Here Are All the Ways Disney Makes Its Money

Roku

Tech enthusiasts and investors alike are especially interested in finding “The Next Netflix” when it comes to the rapidly evolving entertainment industry. This seismic shift in the technology sphere is led by streaming stocks, which are bringing in a new era where accessibility is king and content is king.

The Next Netflix? 3 Streaming Stocks That Investors Shouldn't Ignore.

Charter Communications

Comcast

The key question for pay TV distributors such as Comcast, Charter and DirecTV is whether they'll be able to offer the same sports bundle as the joint venture.

Pay TV distributors may be planning their attack against new sports joint venture

Indian oil-to-telecom conglomerate Reliance Industries is in talks to buy a 29.8% stake in subscription-based satellite TV and video streaming service provider Tata Play from Walt Disney , Business Standard newspaper reported on Thursday, citing sources close to the development.

India's Reliance Industries in talks to buy Tata Play stake from Disney - Business Standard

Investor Nelson Peltz is a major fan of Taylor Swift, the pop star and fellow billionaire 57 years his junior, Peltz said in an interview Wednesday with CNBC, as part of a rare tip of the cap to Disney's money-losing streaming division—which bought the rights to Swift's concert movie—as he engages in a bitter campaign to pry his way onto Disney's board of directors.

Billionaire Clashing With Disney Admits He's A Massive Taylor Swift Fan—Praises ‘Eras' Film On Disney+

The home of Mickey Mouse is in a proxy battle with Peltz who has pushed the company to cut costs, create Netflix-like profit for its streaming business and clean up its succession planning.

Nelson Peltz slams Disney's investment plans as throwing ‘spaghetti against the wall'

Billionaire Nelson Peltz's Trian Fund Management criticized Walt Disney's investment plans, calling it a "spaghetti against the wall plan", in a letter sent to the entertainment and media giant's shareholders on Monday.

Billionaire Peltz's Trian criticizes Disney's investment plans in letter to investors

BURBANK, Calif.--(BUSINESS WIRE)--Everything is coming up Disney for singer and actress Freya Skye, as she simultaneously locks recording and television deals with Disney. Freya has begun recording music for Hollywood Records, a division of Disney Music Group (DMG), after recently landing a holding deal with Disney Branded Television. As revealed during the 2024 Television Critics Association winter press tour, Freya is set to star as supernatural character Nova in the upcoming movie “ZOMBIES 4.

Freya Skye Inks First-Time Simultaneous Record and Television Deals With Disney

Nelson Peltz's Trian Fund Management, which is headed for a showdown with Walt Disney Co. at the company's annual shareholders meeting on April 3, upped the ante on Wednesday in a stinging letter that dismissed Disney's latest moves as a “spaghetti-against-the-wall plan.”

Activist investor Trian assails Disney moves as ‘spaghetti-against-the-wall plan'

Roblox

Pandemic conditions caused valuations for many stocks to surge. Since then, many of these pandemic-era darlings have seen big sell-offs.

A Bull Market Is Here: 2 Super Stocks Down 67% and 46% to Buy Right Now

The planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package.

Former Apple Executive Among CEO Candidates for New Sports-Streaming Venture

Performers of Disney's cartoon characters such as Mickey, Donald and Goofy at its Disneyland theme park are looking to join Actors' Equity Association, a labor union representing those who work in live theatrical performance.

Disneyland character performers announce plans to unionize

ESPN and the College Football Playoff have agreed to a six-year deal worth $1.3 billion annually that allows the network to keep exclusive rights to the 12-team playoff through the 2031 season, two people with knowledge of the agreement told The Associated Press.

ESPN, College Football Playoff agree to 6-year deal worth $1.3 billion annually

Paramount Global

Paramount's positive Super Bowl streaming numbers. Contextualizing bad press.

Super Bowl Streaming, Disney Deep Dive And Why Numbers Don't Lie

Some of the only Disneyland Resort workers who are not unionized announced today that they are organizing with Actors' Equity Association. Ironically, they are among the most public-facing of the resort's employees.

News for Disney Stock (DIS)