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

Stay away from Disney stock as a dividend or buybacks won't happen anytime soon. DIS stock won't be a bargain investment until Disney can figure out how to generate enough FCF to pay dividends and do buybacks.

Disney Stock Won't Be a Bargain Until It Has Enough FCF for Dividends

The Walt Disney Company (NYSE:DIS ) MoffettNathanson Annual Media & Communications Summit May 18, 2020 2:00 PM ET Company Participants Christine McCarthy - Senior Executive Vice President and Chief Financial Officer Rita Ferro - President, Advertising Sales Conference Call Participants Michael Nathanson - MoffettNathanson Michael Nathanson Hey, I'm back. Michael Nathanson.

The Walt Disney Company (DIS) Management Presents at MoffettNathanson Annual Media & Communications Summit (Transcript)

Shares of several companies in the broader consumer discretionary and streaming sectors, including Walt Disney Co (NYSE: DIS), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week. Anticipation of further Federal Reserve policy tightening.

Why Disney Shares Are Diving Today

If you managed to avoid the 50% sell-off seen in Disney (NYSE: DIS) stock over the past year, get excited. It might just be time to start backing up the truck.

Now's The Time To Buy Disney (NYSE: DIS)

Disney CEO Bob Chapek opened Disney's upfront in New York by telling the crowd of advertisers in attendance that the company “the most powerful force in the industry.” After a bumpy start to 2022, the company has delivered some positive results recently, reporting streaming gains in the most recent quarter. The upfronts crowd has been...

Disney CEO Bob Chapek Opens Upfront By Touting The Company As “The Most Powerful Force In The Industry”

DIS stock is in the spotlight after Dan Loeb's Third Point reported liquidating its entire position during Q1. Here's what you should know.

Billionaire Dan Loeb Sold Off Disney (DIS) Stock. Here's Why.

The Walt Disney Company announced two months ago that it would be offering an ad-supported tier. While questions remain about the plan, such as pricing and launch date, we now know that Disney+ is keeping the number of ads to a minimum.

Disney+ promises a light ad load and zero commercials for preschoolers on new ad-supported tier

Walt Disney Co. DIS, -2.00% plans to limit itself to four minutes of commercials per hour of programming on its new advertising-supported version of Disney+ streaming service, The Wall Street Journal reported on Tuesday. The media company also said no advertising will be shown at all to preschoolers who are using their own profile to watch the service.

Disney limiting commercials on new ad-supported Disney+ service: WSJ

Disney's (DIS) mixed second-quarter fiscal 2022 earnings results might impact ETFs, especially those with the largest allocation to this media and entertainment conglomerate.

How Are Disney (DIS) ETFs Reacting to Q2 Earnings?

Amazon

Third Point liquidated its position in Walt Disney Co during the first quarter, two years after the hedge fund first invested and began urging the media company to spend more aggressively on its streaming platform, and slashed its stake in Amazon.com Inc.

Third Point's Loeb turns back on Disney, cools on Amazon in first quarter

Apple

Stock Market Sell-Off: 3 Beaten-Down Stocks You Can Buy and Hold Forever

Disney grew revenue and Disney+ subscribers, but profits fell in Q2.

For Disney, Cutting Profits in Half May Be the Price of Growth

Epcot has a bar-raising new coaster about to open, making it a more complete destination for all ages.

Disney World's Worst Park Can Become Its Best

It's the second quarter in a row Disney World and Disneyland have seen a major increase in visitor spending compared to pre-pandemic times.

Disney CEO boasts that people are spending 40% more at its parks. Here's what's driving up costs.

Netflix

It's an all-out battle between these two streaming giants. One must come out on top.

Disney vs. Netflix: Which Company Deserves Your Cash?

Disney reported a top- and bottom-line miss, but the stock is trying to rally. Down 50% from the highs and DIS stock is worth a look.

Is Disney Stock a Buy Despite Earnings and Revenue Miss?

Microsoft

Hulu and Xbox have announced a partnership deal that gives existing U.S. Hulu subscribers three free months of PC Game Pass as part of the Hulu “Friends with Benefits” initiative.

Hulu partners with Xbox to bring PC Gamers free games in a bundle deal

Despite a world that is still in a pandemic, Disney's parks are on pace to beat their 2019 performance.

Disney's Theme Park Segment Is Fueling Profit Growth

Disney's gains come as Netflix is expecting to lose millions of subs.

Disney Makes Gains Against Netflix, Adds 9 Million Streaming Subscribers

Intel

NerdWallet

Upstart Holdings

Palantir Technologies

Markets may appear bleak for investors, but many are still searching for bargains. Here are seven bargain stocks to buy.

7 Bargain Stocks to Buy After the Selloff

On Wednesday, The Walt Disney Co ( DIS , Financial) reported earnings results for its fiscal second quarter of 2022, which included strong subscriber gains for its streaming service. Disney+ ended the quarter with 137.7 million subscribers, higher than the forecasted 135 million and marking a 7.9 million increase from the first quarter.

How Disney Is Eating Netflix's Lunch

For a brand that touts its genius at “storytelling,” the Magic Kingdom faces ever-growing problems in telling its own story. Symbolically, Disney has just broken ground on what it portrays as a “storyliving community” of 1,700 new “storytelling homes” in the desert town of Rancho Mirage, CA. “We are story tellers at heart,” its publicity...

Peter Bart: Disney's Storytelling Genius Does Not Extend To Its Own Corporate Narrative

Veteran communications executive Katherine Nelson has been named VP of Corporate Communications for Disney Branded Television. Nelson will be taking on a newly created role in which she'll be responsible for overall communications strategy for the division and its programming output targeting the Disney+ streaming platform and linear networks Disney Channel, Disney XD and Disney...

Katherine Nelson To Head Corporate Communications For Disney Branded Television

Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business. On Wednesday, Disney reported fiscal second-quarter adjusted EPS of $1.08 on revenue of $19.25.

7 Walt Disney Analysts React To Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness

The Walt Disney Company reported mixed financial results covering the second quarter of its 2022 fiscal year. Disney+ was particularly strong and management continues to expect up to 260 million global subscribers on the platform by the end of 2024.

News for Disney Stock (DIS)