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

Disney's troubles are mainly centered on its direct-to-consumer segment, with losses climbing year over year. CEO Bob Iger is focusing on making the business more efficient by prioritizing profits for the streaming service.

Could Disney Stock Recover in 2023?

The unions that represent workers at Walt Disney World said Thursday that they have reached an agreement with Walt Disney Co. DIS, +0.98% that will raise the minimum wage to $18 an hour this year. The agreement comes after almost 14,000 union members rejected Disney's previous offer in February of a $17 minimum wage, the unions said in a news release.

Walt Disney World workers to get $18 minimum wage under union deal

About 32,000 hourly workers at Disney World will get raises equal to $3 an hour by the end of the year, and most will get raises of about 37% of their current pay by 2026 under a tentative five-year labor deal reached with a group of unions on the property Thursday.

Unions at Disney World win 37% pay hikes in tentative labor deal

I have high conviction that the return of Bob Iger will benefit the company's value, given his track record of smart strategic moves during his first term as a CEO. The company's high brand recognition and loyal fan base should drive demand for its products and services, making it very well-positioned to capture post-pandemic rebound.

Disney: Why I'm Betting On Bob Iger

Disney has been slow to recover after the 2022 bear market. While streaming has been a money pit so far, it could soon turbocharge profitability.

A Bull Market Is Coming: 2 Reasons to Buy Disney Stock Before It's Too Late

EXCLUSIVE: With Disney's April 3 shareholder meeting (a virtual affair this year) less than two weeks away, some clarity is emerging about the company's plans to reduce staff and cut costs. Insiders tell Deadline that multiple rounds of cuts are being prepared. The first one is being targeted for next week, we hear.

Disney Layoff Rounds Likely Starting Before Annual Meeting; Details On Cuts Emerge

Amazon

Microsoft

Amazon is venturing into the satellite internet market, set to rival SpaceX's Starlink. Meanwhile, Microsoft is steadily growing its position in the future of artificial intelligence.

Why Amazon, Microsoft, and Disney Are No-Brainer Buys Right Now

High-quality businesses can help you earn a fortune in the stock market. Those with diversified revenue streams can help protect your wealth.

3 Stocks to Buy That Could Create Lasting Wealth for Investors

Disney is planning to shed some $5.5 billion in costs as part of Bob Iger's turnaround effort.

Disney to fire 4,000 workers in April: report

After announcing a company overhaul with plans to get rid of nearly 7,000 jobs, the Walt Disney Company is reportedly asking managers to tighten budgets and pick out employees to be laid off in the coming weeks. It is unclear whether Disney will begin layoffs in “small waves” or cut thousands all at once, but the first wave of at least 4,000 layoffs is expected by April, according to Business Insider.

Disney set to fire 4,000 employees in two weeks

Disney went through with a large price increase for its ad-free Disney+ streaming service, and data suggests that barely any subscribers jumped ship. That's good news for the profitability of the streaming business.

Disney Flexes Its Streaming Pricing Power

Apple

High-growth stocks are probably not everyone's cup of tea right now. With talks of an impending recession, everyone is looking for safer options.

3 High-Growth Stocks to Invest in Now

As The Walt Disney Company's prospects started to fall apart last year, the company brought back former CEO Rober Iger.

Disney+ Wins

Netflix

Roku

Streaming media giants Netflix, Disney, and Roku are on sale again after a spirited run higher in the year's early weeks. These companies are still performing well and have long-term growth prospects, and the price drops look like wide-open buying windows.

All My Favorite Media-Streaming Stocks Are On Fire Sale Again

Etsy

Intuitive Surgical

MercadoLibre

Realty Income Corp

Pinterest

Shopify

Block

Here are 10 stocks that could be excellent additions to your portfolio for the rest of 2023 and for years to come.

Best Stocks To Invest In: March 2023

Roblox

What Stocks To Buy Today? 3 Entertainment Stocks In Focus

Subscribers to Walt Disney's flagship Disney+ streaming service barely blinked at a 38% price increase that the company imposed in December as part of its launch of an ad-supported streaming product.

Disney+ Users Digested the Streaming Service's Recent Price Jump

Tron Lightcycle Run officially opens on April 4, but it's been offering cast members and pass holders preview rides since early last month. With a third "Tron" movie in the works, the new coaster is a great example of the Disney flywheel in motion.

Can Disney World Avoid a Midlife Crisis?

Apple and Disney experienced substantial stock declines amid a sell-off in 2022. However, Apple's immensely successful products will likely continue to boost its lucrative services segment.

Better Buy: Apple vs. Disney

Third-party companies tout advanced knowledge for private tours of complex amusement parks that can cost $1,000 and up.

Do You Need a Fixer for Your Disney Vacation?

Activision Blizzard

Brookfield Renewable Partners

Brookfield Infrastructure

Blackrock Inc

Canadian Natural Resources

Enbridge

Fortis

Gentex

Home Depot

Kinder Morgan

Magna International

Royal Bank of Canada

Starbucks

SPDR S&P 500 ETF Trust

TELUS

Texas Instruments

Visa

V.F.

At the end of February, we performed our “spring clean-up” in our model portfolios with several trades. My biggest problem with Enbridge is not the dividend safety but rather the growth potential.

Spring Clean-Up And Smith Manoeuvre Is Back! - February Dividend Income Report

Bob Chapek's tenure was weighed down by PR battles and sluggish results. A returning Bob Iger has laid out a plan to rein in spending and return to growth.

Stock Market Sell-Off: Is Walt Disney a Buy?

Otis Worldwide

Moats function to protect long term profits

News for Disney Stock (DIS)