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

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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

Charter Communications

Disney said on Thursday that the company is in negotiations with Charter Communications for a new agreement after Disney pulled ESPN, ABC and other cable channels off Charter-owned Spectrum's cable service.

Disney, Charter in talks for new distribution agreement

More than 25 Disney channels were cut from the cable TV provider as both companies blame the other for the service disruption — which began as the college football season and much-anticipated US Open match between Carlos Alcaraz and Lloyd Harris got underway on the sports network.

Disney channels — including ESPN and ABC — go dark on Charter Spectrum amid spar over new deal

ESPN is among a number of Disney Entertainment channels that have gone dark on Charter Spectrum cable systems.

ESPN networks go dark on Charter Spectrum cable systems on busy night for sports

The company suspended its dividend in 2020 but aims to reinstate it later this year. It also is making progress on a major plan to cut costs and boost growth.

Could Disney Become a Top Dividend Stock?

Media stocks have fallen out of favor, but there could be opportunities to swap assets or buy properties at a discount. An end to the Hollywood strikes or some sleeper hits can turn the bearish narrative around in September.

Can Disney Stock Bounce Back in September?

Indian billionaire Mukesh Ambani's broadcasting unit grabbed rights to televise and live stream the national cricket team's bilateral matches for $721.41 million, in its latest win over Walt Disney that had previously held the rights.

Indian tycoon Ambani beats Disney to BCCI cricket media rights for $721 million

Excitement surrounding Disney's video streaming services drove shares higher during 2021, but the company's equity has come back down to earth. The recovery of Disney's theme parks and resorts operations post-COVID-19 and the resilience of its video streaming services offer some reassurance to long-term investors. However, the company's current valuation is fair, in our view, even after building in a strong recovery in future expected free cash flows within our valuation model.

Disney's Shares Aren't Cheap

The market doesn't like Disney stock at the moment, but that's an opportunity for investors who see the bigger picture.

How Disney Stock Becomes a Multibagger

When Disney's stock price fell below $84 last week it hit a nine-year low which comfortably put it behind Netflix in the ranking of the world's biggest media companies. It shouldn't have come as a surprise.

Who Is Really To Blame For Disney's Woes?

When Disney's stock price fell below $84 last week, it hit a nine-year low, and it shouldn't have come as a surprise.

It's No Surprise Disney's Stock Hit A Nine-Year Low. Here's Why

The suit claims Bob Chapek tried to conceal the “staggering costs” it incurred while attempting to boost its subscriber count and promise profitability by the end of 2024.

Disney sued over ‘fraudulent scheme' to hide streaming losses

The Walt Disney Company's stock has underperformed this year, down 6% so far, disappointing long-term shareholders. As a cyclical business, Disney is likely to feel the heat of macroeconomic challenges. Unfortunately, Disney's struggles extend beyond macroeconomic challenges.

Disney: Short-Term Headwinds Mask Attractive Valuation

Lovesac Company

The market is underestimating the long-term value of Disney's core entertainment properties. Lovesac is seeing strong demand for its upgradeable couches, but the stock is trading at a cheap valuation.

2 Top Stocks to Buy With $100 Right Now

U.S. Commerce Secretary Gina Raimondo visited Shanghai Disneyland and a Boeing facility in China Wednesday, touting two prominent American exports as she wrapped up a trip aimed at boosting Chinese-U.S. business ties.

Disney diplomacy: US commerce secretary visits China theme park

The slumping Hollywood titan faces yet another challenge from investors frustrated with the stock's underperformance.

Disney ‘Repeatedly Misled Investors' About Streaming Losses, Lawsuit Alleges

Disney has been hit again with another lawsuit from investors over the alleged sleight of hand accounting the company used to hide streaming losses. And once again, some big names, Bobs past and present, are being spotlighted.

Disney, Bob Iger, Bob Chapek Hit With Another Investors Suit Over “Fraudulent” Streaming Costs

Disney's costs ballooned last year as the company poured resources into growing its streaming services. Today, the entertainment giant is working to cut costs and boost growth -- and the efforts are starting to bear fruit.

Is Disney a Buy Right Now?

Apple

Amazon

Salesforce

Netflix

Following a round of spring cleaning that resulted in more than 120,000 layoffs, employers are beefing up staff with specialists in AI and machine learning.

After a wave of layoffs, tech is hiring for AI jobs

Walt Disney is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones, betting that the strategy will boost advertising revenue and offset the impact of a subscriber exodus.

Focus: Disney gambles on free cricket to turn the tables in India streaming war

American Express

Costco

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McDonald's

Blue-chip stocks have long been “buy and hold” firms with a dominant position in their industry. While they often lack the growth potential of their tech or growth stock peers, they make up for it with stability and reliability.

The 7 Most Promising Blue-Chip Stocks to Own Now

Disney's visual effects crew filed for an election to unionize with the National Labor Relations Board with the backing of the International Alliance of Theatrical Stage Employees (IATSE), the union announced Monday, just weeks after Marvel's VFX moved to unionize.

Walt Disney Pictures VFX workers file for unionization

Paramount Global

Warner Bros Discovery Inc

Four long months. That's the amount of time since the initial strikes by Hollywood writers and actors began.

3 Media Stocks to Sell as the Hollywood Strike Drags On

A $1,000 investment at the turn of the millennium would be worth about $4,000 today, while the same amount put into Apple and the S&P 500 would now be worth roughly $300,000 and $5,000, respectively.

Disney Stock Hits 9-Year Low: Here's How Its Performance Compares To Peers

Starbucks

Consumer discretionary stocks for your late August 2023 watchlist.

Best Stocks To Invest In Right Now? 2 Consumer Discretionary Stocks To Watch

As of August 25, Disney (NYSE: DIS) shares have found themselves in an unexpected time warp, reverting to prices reminiscent of nearly a decade ago in 2014, closing at $83.14. This stagnation has left investors puzzled and prompted discussions about the company's trajectory.

News for Disney Stock (DIS)