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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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

SeaWorld Entertainment

Six Flags

Over the weekend, intense rain and flooding stranded more than 70,000 people at Burning Man in the Nevada desert. It's the latest example of how extreme weather, exacerbated by climate change, impacted major North American attractions this summer.

Climate change is hurting Six Flags, SeaWorld and Disney World

Comcast

Comcast and Disney have been in discussions regarding Hulu's valuation.

Comcast, Disney move up deadline to decide Hulu future ownership

Comcast has extended the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 next year, CEO Brian Roberts said on Wednesday.

Comcast extends date for Hulu deal with Disney to Sept 2024

Anheuser-Busch InBev

Target

With all the recent controversies surrounding companies like Disney, Target and Bud Light, one financial firm decided to take the matter into its own hands — and file for an ETF.

Tuttle Capital files for an ETF shorting Disney, Target and Bud Light stocks

Charter Communications

Traditional purveyors of network television programming and the cable outlets distributing it know full well how video streaming has upended their decades-old model.

Is Disney's Dispute With Charter the End of Cable As We Know It?

BURBANK, Calif.--(BUSINESS WIRE)--Louise Pentland has been named Chief Counsel for the Disney Parks, Experiences and Products segment of The Walt Disney Company (NYSE: DIS), effective September 15. Pentland, who previously served as Chief Business Affairs and Legal Officer at PayPal, will report to Horacio Gutierrez, Senior Executive Vice President, General Counsel and Chief Compliance Officer of The Walt Disney Company, and act as a strategic advisor to Josh D'Amaro, Chairman, Disney Parks, Ex.

Louise Pentland Named Chief Counsel for Disney Parks, Experiences and Products

Paramount Global

The NFL season, which kicks off Thursday, will see more games exclusively on streaming services as media companies invest more outside of traditional TV.

NFL games are shifting away from traditional TV. Are you ready to stream some football?

Apple

Disney CEO Bob Iger may want to eventually sell Disney to Apple, but it's unclear if Apple wants to buy Disney.

Apple buying Disney would be a storybook ending for Iger, but fairy tales aren't real

Charter's CEO is losing interest in acquiescing to ever-rising demands from Walt Disney. Now, however, Walt Disney isn't applying pricing pressure from a position of strength.

Is Charter Communications (Finally) Calling Walt Disney's Bluff?

Disney stock is arguably cheaper than it has been in the last decade.

What's Going On With Disney Stock?

A breakdown in negotiations led to viewers missing out on the US Open and college football. Many wonder if ESPN will be back in time for NFL kickoff.

Disney vs. Spectrum: Here's Why Millions of People Can't Watch ESPN Right Now

Charter Communications , one of the biggest cable companies in the United States, is locked in a battle with Walt Disney in a distribution dispute that may shape the future of television in the streaming era.

What is Charter's Spectrum-Disney dispute over the future of TV?

Just as this summer's New York City wildfire smoke, LA hurricane and sneaker-melting heat have brought home the reality of climate change, the Disney-Charter carriage battle is foregrounding the fragility of the pay-TV bundle.

Disney-Charter Battle Makes Pay-TV Bundle's Fadeout A Stark Reality For Streaming-Focused Media Companies And Investors: “The Lifeboats Have Already Been Burned”

The Walt Disney Company urged Charter Communications customers to cut the cord in favor of its own Hulu + Live TV.

Disney urges Charter customers to switch to Hulu amid cable TV blackout

Coca-Cola

Pfizer

Disney and Pfizer may be about to enter new phases of growth -- and they are trading at bargain valuations. Coca-Cola offers the advantages of brand strength and a dividend you can count on.

3 Forever Stocks to Buy With $100

Late Thursday, all Disney channels, including ESPN and ABC, went dark on Charter Communications Inc.'s CHTR, -1.85% Spectrum cable service as discussions over affiliate renewals hit an impasse — in the middle of the U.S. Open and college football season, and with the NFL regular season kicking off this Thursday night on NBC.

Charter vs. Disney: Is this the end of the bundle as we know it?

The Walt Disney Company is facing challenges in its traditional cable and broadcasting divisions, with declining viewership and profits. Management is actively seeking strategic alternatives for these assets, including a potential partnership or sale to companies like Apple, Amazon, or Verizon. The company's streaming platforms, such as Disney+, ESPN+, and Hulu, have seen growth and are becoming increasingly important for Disney's future success.

Disney Stock: Prepare For A Seismic Strategic Shift

Cable company Charter Communications wants to pay less money than it has in the past for some Disney programs that run on its cable systems.

Disney's Trouble Gets Worse

ESPN was already expected to be a hot topic for Walt Disney Co. as the company planned to separate out the business's financials later this year, but now the sports network appears to also be a major sticking point in a distribution dispute.

ESPN's ‘melting iceberg' is yet another challenge for Disney, analyst says

The company is beefing big time with Disney over a distribution agreement where cable and streaming services collide head-on, with no resolution in sight

No ESPN On Spectrum? Disney Beef Escalates As Thousands Lose Access To Channels

KeyBanc's Brandon Nispel says Disney investors might be disappointed when they see ESPN's financials broken out as a stand-alone unit.

How Much Is ESPN Worth? Not Enough to Make Disney Stock a Buy, Analyst Says.

If any reasonable investor were told that Walt Disney NYSE: DIS would underperform the S&P 500 by as much as 41.8% during the past twelve months, such a claim would have been thought to be as crazy as apples falling upward from a tree. Well, today apples are falling upward.

Disney's Return To High Margins May Be Your Easiest Win This year

Disney is urging Spectrum cable service customers to consider switching to Hulu + Live TV for a streaming alternative amid its ongoing dispute with Charter.

Disney encourages Spectrum customers to move to Hulu + Live TV amid Charter dispute

A dispute between Disney and Charter Communications ultimately led to customers of the cable service Spectrum being cut off over the Labor Day holiday weekend.

Disney and Charter Locked in Dispute. Why the Consumer Is the Loser.

The Walt Disney Company is struggling to lift its stock price.

News for Disney Stock (DIS)