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

Media Networks

Studio Entertainment

DTC & International

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 Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

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Operating expenses

SG&A

Other

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Net income

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Total assets

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Cash & equivalents

Receivables

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Non-current liabilities

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Book value per share

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McCarthy is a 23-year Disney veteran who became CFO in 2015. A source said McCarthy's husband has been ill.

Top Disney exec Christine McCarthy, who helped lure Bob Iger back, steps down to take family medical leave

CEO Robert Iger says McCarthy's impact on Disney “cannot be overstated.”

Disney Finance Chief Christine McCarthy to Step Down

Disney CFO Christine McCarthy is stepping down and taking a family medical leave, the company announced. Longtime Disney exec Kevin Lansberry will serve as interim CFO.

Disney CFO Christine McCarthy, who was seen as a possible contender to be CEO, is stepping down

Christine McCarthy, Disney's chief financial officer, will step down from that role, the entertainment giant said.

Disney finance chief Christine McCarthy to step down

Walt Disney Co. DIS on Thursday said its chief financial officer, Christine M. McCarthy, is stepping down and taking a family medical leave of absence.

Disney CFO McCarthy to step down

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company's (NYSE: DIS) Senior Executive Vice President and Chief Financial Officer Christine M. McCarthy will be stepping down from her role and taking a family medical leave of absence, and veteran Disney executive Kevin Lansberry, Executive Vice President and Chief Financial Officer of Disney Parks, Experiences and Products, will serve as the company's Interim CFO, effective July 1, it was announced today by Bob Iger, Chief Executive Officer, T.

Christine McCarthy to Step Down as Disney's Chief Financial Officer; Kevin Lansberry Will Assume Role of Interim CFO

The trip's itinerary also includes stops at iconic landmarks such as the Eiffel Tower, the Pyramids of Giza, and the Taj Mahal.

Disney jacks up price of its ‘around the world' private jet theme parks tour to $115K per person

This Disney butterfly spread has the potential to return $710 while only risking $290.

This Low Risk, High Reward Disney Stock Butterfly Can Return Up To $710

Netflix

Warner Bros Discovery Inc

Netflix has introduced fees for account-sharing. Walt Disney is paring back content.

Why Netflix, Walt Disney, and Warner Bros. Discovery Are No-Brainer Buys Right Now

When Kantar recently released its BrandZ 2023 Most Valuable Global Brands list, one brand that took an outright beating was Disney.

Disney Brand Value Collapses

Pixar's "Elemental" arrives in theaters Friday amid Disney's struggle to lure audiences to the box office for animated features.

Disney looks to get out of animation rut with Pixar's 'Elemental'

The Walt Disney Company (NYSE:DIS) revealed a shake-up for its movie release calendar, resulting in a new “Moana” live-action adaptation being added to the schedule, while there are huge delays for multiple films within the Avatar, Avengers and Star Wars franchises. Disney hasn't offered an explanation behind the release date rearrangements, although the moves come as a writers' strike demanding higher pay and a stable pay structure, as well as fairer deals and contracts, hobbles the film and television industry.

Disney delays Avatar, Marvel and Star Wars movies while adding a new Moana live-action adaptation

Disney has more ability to increase revenue than you might think.

3 Reasons Disney Is a Great Buy

"Variety" expects Disney's "Elemental" to take in just $35 million in domestic ticket sales this weekend. Disney hasn't had a blockbuster at the multiplex for its animation studio since 2019.

Does Disney Have an Elemental Problem in Animation?

Buzzfeed

3 Companies That Are Now ‘Stocks to Buy' Following Layoffs

In my opinion, it is only a question of time until Disney management finds a business model to leverage its content into the Metaverse. Bob Igler's presentation during Apple's Vision Pro launch is certainly a notable step in that direction, highlighting the potential of the DIS' Metaverse thesis. While, likelihood, timing, and profitability of Metaverse cash flows are uncertain, I have little doubt that the strategy will eventually unlock a likely handsome payoff for investors.

Disney: Stock May Rebound Aggressively On Likely Metaverse Push

Disney reorganized its movie release calendar, pushing back various installments in the Avatar, Avengers, and Star Wars franchises.

Disney delays Avatar, Marvel and Star Wars movies as it shuffles releases

Walt Disney Co on Tuesday announced that a new "Star Wars" film will reach theaters in 2026 but said it would postpone the release of the next three installments in James Cameron's blockbuster "Avatar" series.

Disney sets date for new 'Star Wars' film, delays 'Avatar' sequels

Disney stock currently trades at $92 per share, about 54% below its pre-inflation shock high of about $202 seen on March 8, 2021.

Disney Stock Could More Than Double If It Recovers To Pre-Inflation Shock Highs

Sports are in trouble with the cable bundle dying, but there's a way streaming could pick up the slack.

Could Advertising Save Streaming Sports?

When Pixar Animation Studios releases its 27th feature film in theaters on Friday, the pioneering studio behind blockbuster movies such as "Toy Story," "Cars" and "Finding Nemo" will be under pressure to demonstrate it has not lost its Midas touch.

Disney's Pixar seeks return of box office magic with 'Elemental'

Dorothy "Pat" Rudd honored as "Veteran of the Day" during daily Flag Retreat ceremony in Magic Kingdom Park at Walt Disney World Resort LAKE BUENA VISTA, Fla. , June 12, 2023 /PRNewswire/ -- Disney honored World War II female U.S. Navy veteran Dorothy "Pat" Rudd as "Veteran of the Day" during the June 7 th Flag Retreat ceremony in Magic Kingdom at Walt Disney World.

Disney Honors 101-Year-Old World War II Female Navy Veteran

Shares of Walt Disney NYSE: DIS were trading as high as $203 per share just two years ago when justifiable reasons to worry about the underlying business fundamentals and drivers should have been at all-time highs. Today, the stock broke below $90 per share for a 58% decline since 2021.

Disney Stock Could Double: Return To Historical Performance

Disney stock is an attractively valued long-term investment pick with growth potential in streaming and theme parks. Despite recent customer losses, Disney+ is expected to benefit from higher pricing and an ad-tier, while theme parks see strong demand. Analysts have a consensus Buy rating with an average price target implying a potential 31% return over the next 12 months.

Disney: Forget AI, Buy This Media Giant Instead

Disney (DIS) reported earnings 30 days ago. What's next for the stock?

News for Disney Stock (DIS)