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 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.

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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

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

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Change in working capital

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The Walt Disney Company (DIS) Q1 2024 Earnings Call Transcript

The Walt Disney Co. is banking on a trio of pop-culture juggernauts to help juice its bottom line in the near future.

Disney leans into ‘Moana,' Taylor Swift and ‘Fortnite' for future growth

While the top- and bottom-line numbers for Disney (DIS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Disney (DIS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Walt Disney Co. revealed big strides at narrowing losses in its streaming business in its earnings report Wednesday, and touted another lever that will help in Chief Executive Bob Iger's ongoing efforts to turn the media giant's fortunes around — cracking down on password sharing.

Disney is making progress on a key goal, and is ready to pull another lever

PayPal

Wynn Resorts

This marks the fifth-straight earnings beat for Disney, which matches the five quarters since CEO Bob Iger returned to his post.

Disney, PayPal, Wynn Resorts All Outperform on Earnings, Sales

Disney announced a $1.5 billion investment in Epic Games, and a new Fortnite-related game universe focused on a broad range of Disney “stories and experiences,” its latest attempt to crack the code of newer media with its suite of hugely popular franchises and characters.

Disney Tries Again To Get Game Business Right With Epic, Fortnite Deal

Bob Iger announced a strong start to the year for Disney, beating Wall Street's expectations.  The returning CEO had faced challenges during his first year back at the company.

Disney's Bob Iger is back on top

Disney+ has reportedly begun taking steps to prevent password sharing among its U.S. subscribers. The streaming service began sending out emails on Wednesday (Feb. 7) notifying subscribers about its updated terms of service, which include restrictions on sharing account credentials outside of the subscriber's household, the Verge reported Wednesday.

Report: Disney+ Begins Crackdown on Password Sharing in US

Disney shares jumped after announcements meant to excite investors while activist investor Nelson Peltz tells CNBC he is pushing forward with a proxy fight.

Wall Street loves Disney's kitchen-sink quarter, but Nelson Peltz says he isn't backing down

Twenty-First Century Fox

Warner Bros Discovery Inc

The NFL and NBA are digesting the details behind a new platform that looms over their businesses.

Streaming Venture From ESPN, Fox and Warner Blindsides Sports Leagues

Walt Disney (DIS) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.99 per share a year ago.

Walt Disney (DIS) Surpasses Q1 Earnings and Revenue Estimates

Walt Disney handily beat Wall Street's earnings expectations on Wednesday, lifted by record results at its theme parks and continued cost-cutting efforts.

Disney tops earnings forecast, shares soar in extended trading

Disney CEO Bob Iger gave air time in today's earnings call to the partnership where Disney will invest $1.5 billion in Epic Games.

All the things Disney's Bob Iger said about the $1.5B investment in Epic and the new Disney universe

Disney's stock spiked as much as 8% in after-hours trading Wednesday after the conglomerate reported earnings, raising its guidance and telling investors it's on track to meet or exceed its $7.5 billion cost-cutting goal by the end of the fiscal year.

Disney Shares Jump 8% After Company Raises Guidance And Reports Cost-Cutting Progress

Today, it seems that every company is slowly on its way to becoming a gaming company.

Disney And Epic Games'Partnership Signals An Exciting Future For Gaming And Fandom

Disney (DIS) shares surged over 6% in after-hours trading Wednesday after the entertainment giant reported better-than-expected results and said it's investing $1.5 billion in Fortnite maker Epic Games, in its biggest push into video games yet.

Disney Stock Jumps on Earnings Beat, $1.5B Investment in Fortnite Maker Epic Games

Paid sharing will start with Disney Plus subscribers.

Disney to Charge Fee to Share Your Streaming Account Later This Year

Deal comes as the Hollywood studio released it latest earnings, reporting an increase of 49% in profits to $1.91bn

Disney invests $1.5bn in Fortnite maker Epic Games to create new ‘universe'

A "Moana" sequel will be released in theaters this Thanksgiving, Disney announced during its earnings call Wednesday.

Disney is releasing a 'Moana' sequel in theaters this Thanksgiving

Billionaire Taylor Swift announced the film version of her Eras Tour concert movie—“Taylor Swift | The Eras Tour (Taylor's Version)”—will be available to stream next month on Disney+, marking a big win for the streaming platform.

Disney Wins Streaming Rights To Taylor Swift's ‘Eras Tour' Movie — And Sets Date For Launch

Lego Fortnite is only two months old, but Epic Games is already out with an even bigger collaboration. Epic and Disney announced today that the companies will partner on an “all-new games and entertainment universe” that will bring characters from Disney's deep catalogue to life through Fortnite.

Epic Games and Disney partner up on an ‘entertainment universe'

Taylor Swift's Eras Tour concert film will start streaming next month on Disney+ with the addition of five songs that were not shown in theaters, Walt Disney said on Wednesday.

Next stop for Taylor Swift's Eras Tour film: Disney+

Three of the largest media companies Disney, Fox FOXA and Warner Bros Discovery have announced plans to launch a joint streaming sports service, with all of their sports properties available under one app. The announcement came as revenue from their linear television properties continue to decline from cord cutting and lower audiences for most programming with the exception of live premium sports.

Disney, Warner Bros. Discovery & Fox Combine To Offer Streaming Sports

"Our strong performance this past quarter demonstrates we have turned the corner and entered a new era of growth for our company," Iger said in a statement.

Disney tops earnings forecast, sending shares surging amid pressure from Nelson Peltz

Disney stock spiked on its big earnings beat and outlook Wednesday. The Dow Jones giant plans to repurchase $3 billion shares.

News for Disney Stock (DIS)