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

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Bulls Look Optimistic About Disney (DIS): Should You Buy?

Disney shares have rebounded from summer lows, trading in the mid-90s, with the potential to surpass $100 due to strong Disney+ performance and blockbuster film releases. Successful releases like Deadpool & Wolverine and Inside Out 2 have bolstered DIS's revenue, supporting future streaming and holiday sales. Expansion plans for Parks & Experiences, including new attractions and cruise ships, aim to drive growth despite recent margin weaknesses in this division.

Disney Shares Are Headed Upwards (Technical Analysis)

Disney has a compelling valuation, but it also has a lot of debt. Lower interest rates could help the company turn its balance sheet and business around.

The Fed Just Lowered Interest Rates. My Top Value Stock to Buy Now.

Disney stock currently trades at $93 per share, about 53% below its pre-inflation peak of about $200, seen on March 8, 2021. Several factors have driven the sell-off.

Will Disney Stock Recover To $200, Embracing Netflix's Playbook?

Paramount Global

It hasn't been a good week for the entertainment industry. Two of media's biggest names—the Walt Disney Company and Paramount Global—each announced layoffs this week.

Disney and Paramount lay off hundreds of employees as legacy media giants struggle with pay-TV decline in 2024

Needham analyst Laura Martin reiterated a Buy rating for Walt Disney Co DIS with a $110 price target.

Disney's Streaming Surge, Epic Games Deal Among Key Growth Drivers, Says Analyst

Disney is reportedly eliminating 300 corporate jobs this week — the latest round in a broad cost-cutting initiative by Chief Executive Bob Iger.

Disney slashes 300 jobs this week as CEO Bob Iger continues belt-tightening

EXCLUSIVE: More layoff news in what already has been a depressing week. Disney is in the middle of a new wave of cuts as part of a “cost-saving initiative,” sources tell Deadline.

Disney Layoffs Underway: Hundreds Of Corporate Staffers Impacted

Disney+ has laid out how its password sharing crackdown – or what streamers calls “paid sharing” – will unspool and what subscribers can expect.

Disney+ Unveils Details Of Password Sharing Crackdown

A Walt Disney Company DIS analyst says the company's momentum in box office blockbusters and streaming growth can help offset Experiences and linear weakness when the company reports fourth-quarter financial results in November.

Disney Stock Could Benefit From Box Office Strength, Streaming: Analyst Says DTC Set 'For Continued Revenue And Profit Growth'

Pubmatic

Visa

Most online brokers have shelved barriers and fees that had previously kept everyday investors on the sideline. America's hottest stock, artificial intelligence (AI) kingpin Nvidia, is contending with mounting headwinds and is worth avoiding.

Forget Nvidia: Putting $300 to Work in These 3 Unstoppable Stocks Right Now Would Be a Smarter Move

The Disney and Warner Bros. Discovery bundle shows promising early results. Linear Networks currently offer higher margins than streaming. The challenge is the amount of streaming business needed to replace the declining Linear profits long term.

Disney: Profit Opportunity Surfaces With Streaming Bundle

Disney just started paying dividends again earlier in 2024 after a four-year pause. The company's payout is roughly half of what it was before the COVID-19 pandemic.

What Is the Dividend Payout for Disney?

After closing lower for five straight months, Disney is trading higher so far in September. Disney's fiscal fourth-quarter earnings report arrives in early November.

3 Reasons Disney Stock Can Rise in the Fall

Disney's stock performance has been disappointing, but its operations remain fundamentally strong. Despite criticism and "Go woke, go broke" claims, Disney's diversified portfolio continues to perform well, with significant box office success and stable streaming market share. Disney's content pipeline, including sequels to strong franchises, looks promising, and investments in park attractions and cruise ships are strategically sound.

The Disney Magic Is Not Gone Forever

Disney's streaming business has been a drag on profits for most of its life, but that may be changing. Its entertainment streaming segment reported a profit in the fiscal third quarter -- for the first time.

Every Disney Investor Should Keep an Eye on This Number

Disney has revealed that at the height of the dispute between actors, writers and Hollywood studios last year, it filed official documents which wrongly claimed it was considering offering employees shares in the production companies behind its movies.

Disney Mistakenly Claimed It Was Considering Offering Actors Shares In Its Movies

An agonizing decline for the pay-TV business will likely get even worse in the coming years. Media analyst Tim Nollen thinks Disney's plan to protect its TV business will hurt cable.

Disney's plans to future-proof its TV business could help kill the cable bundle even faster than expected

Walt Disney Animation Studios, in a significant leadership shift, on Thursday named Academy Award-winning filmmaker Jared Bush as its new chief creative officer, effective immediately.

Walt Disney appoints 'Moana' writer Jared Bush as creative head of animation studios

Walt Disney (DIS) concluded the recent trading session at $93.45, signifying a -0.14% move from its prior day's close.

Walt Disney (DIS) Stock Declines While Market Improves: Some Information for Investors

Salesforce

Disney plans to stop using the messaging platform Slack in the coming months, according to an internal memo. It follows a breach by the hacking group NullBulge, which said it accessed Disney's Slack files.

Disney is ditching Slack after hackers gained access, and some employees aren't happy. Read the CFO's memo.

The Walt Disney Company will no longer use Slack for in-house company communication. The company's Slack server was hacked in July, leading to more than a terabyte of company data being leaked to the public.

Disney to ditch Slack following July data breach

Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. Chief financial officer Hugh Johnston announced the change this week, the Wall Street Journal (WSJ) reported Thursday (Sept.

Report: Disney Cuts Ties With Slack After Data Heist

An analyst views the launch of ESPN's DTC streaming platform as a mixed bag for The Walt Disney Company DIS, with both positives and negatives. While potential challenges loom, renewed NBA rights and NCAA football playoffs could help offset future weakness.

Disney Faces 'More Change Ahead' As ESPN DTC Launch Will Accelerate Cord Cutting: NBA Rights, College Football Offer Upside, Analyst Says

In August, Disney said it was investigating an unauthorized release of over a terabyte of data from one of its communication systems.

News for Disney Stock (DIS)