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

Egan-Jones has become the second proxy advisory firm to back Nelson Peltz's push for board seats at Walt Disney , the activist investor's asset management firm said on Wednesday as it takes on the entertainment conglomerate in a bitter proxy battle.

Egan-Jones backs activist Peltz for Disney's board as proxy battle rages

Disney stock could continue its rally as free cash flow rises in the coming years. The company will need to solve various problems, including a stumbling film business and streaming losses.

Disney Stock Has 15% Upside, According to 1 Wall Street Analyst

Walt Disney completed the addition of the general-audience-focused Hulu streaming service to the family friendly Disney+ on Wednesday, putting titles such as "The Bear" and "American Horror Story" in the same app as "Moana" and "Frozen."

Hulu launches on Disney+ in bid to boost streaming use

Disney is making it easier for certain advertising platforms to bid on ad slots from its streaming platforms. Executives say direct integrations will increase advertising demand overall without taking away from its tech partners such as Magnite.

Disney Is Looking to Grow Its Ads Business Through Partnerships With a Trillion-Dollar Company and an Unstoppable Growth Stock

Proxy advisory company Egan-Jones on Wednesday became the second independent firm to support activist Nelson Peltz's effort to secure seats on the Disney board. The endorsement follows that of ISS earlier this month, which was a notable win for Peltz's Trian Fund Management.

In Disney Proxy Battle, A Second Proxy Advisory Firm Backs Activist Investor Nelson Peltz

UBS hoisted its price target on Disney stock on growth rate, free cash flow forecasts. The Dow Jones giant is trending toward two-year highs.

Dow Jones Giant Disney Sees Price Target Hike Amid 33% Rally To 23-Month Highs

Disney stock has rallied almost 20% in the past three months, outperforming the broader market. The stock is undervalued from a multiples perspective and has significant upside potential according to my discounted cash flow simulation. There are several positive catalysts related both to Disney's fundamentals and improving market sentiment around the stock.

Disney: Solid Catalysts Blend

One analyst thinks Disney is in the early stages of a recovery. The entertainment giant's streaming business is headed toward profitability.

Disney Just Hit Another 52-Week High: 3 Reasons It Can Keep Moving Higher

Disney shares hit another 52-week high on Monday. The shares are up 32% so far in 2024.

Disney Stock Is Fighting on 2 Fronts Right Now

Netflix

Roblox

Entertainment stocks to check out in the stock market now.

3 Entertainment Stocks To Watch Before April 2024

Spotify

DraftKings

DraftKings isn't profitable in online betting. The better bet may be one of the companies eating up its marketing dollars.

Forget DraftKings, These 2 Stocks Are Better Buys Today

In a shortened week of trading, Disney's (DIS) stock made headlines on Monday after reaching 52-week highs sparked by an upgrade from analysts at Barclays (BCS).

Time to Buy Disney's (DIS) Stock for Higher Highs?

Most of Disney's money is made away from the silver screen.

Disney Is Known for Blockbuster Movies, but It Makes Most of Its Money Somewhere Else

Barclays upgraded the stock to overweight with a $135 price target. An end to Disney's proxy battle with activist investors could benefit the stock in the near term.

Walt Disney Stock Has 17% Upside, According to 1 Wall Street Analyst

MGM Resorts

You don't have to be a sports fan to own sports betting stocks. You just have to do the math.

Slam Dunk Investments: 3 Sports Betting Stocks to Profit from March Madness Mania

Activist investor Nelson Peltz's firm Trian has reiterated that its proxy battle with Walt Disney Co (NYSE:DIS, ETR:WDP) is about the company's board, not about CEO Bob Iger and his leadership, but has reportedly withheld its votes for Iger's board re-election. Ahead of Disney's annual shareholder meeting being held on April 3, Trian has been campaigning to get two seats on Disney's 12-person board.

Nelson Peltz's firm reportedly withholds votes to re-elect Disney CEO Bob Iger to board

Nelson Peltz said today that his bitter proxy fight with Disney is “not about Mr. Iger, nor is it a referendum about his leadership” even as CNBC reported that his firm, Trian Partners, has withheld votes from the CEO, who is also a board nominee. Trian didn't respond to a request for comment.

Nelson Peltz Insists, Again, His Fight With Disney Is About The Board, Not Bob Iger – But It's A Fine Line

There's plenty of debate around Walt Disney Co.'s stock, but Barclays analyst Kannan Venkateshwar is now ready to side with the bulls.

Disney's stock has soared this year. Why this new bull says the rally has legs.

The shares of Walt Disney Co (NYSE:DIS) are 1.1% higher at $117.24 this morning, after a bull note from Barclays.

Analyst Implies 16.5% Upside for Disney Stock

Nelson Peltz has decided to not cast vote in favour of Bob Iger – chief executive of the Walt Disney Co (NYSE: DIS). Shares of the entertainment giant are in the green at writing.

Nelson Peltz to not cast vote in favour of Disney CEO Bob Iger

The move is hardly shocking, given the acrimonious nature of the battle. In recent weeks, Disney has stepped up its attacks on Trian and Peltz.

Nelson Peltz withholds votes from Disney CEO Bob Iger in proxy battle

Disney's business is rebounding strongly from devastations caused by the pandemic and changing consumer viewing habits.

My Disney Stock Prediction for 2024

Nelson Peltz told Financial Times of his battle with Disney that he's "not trying to fire Bob Iger." He also acknowledged to the outlet it's "probably true" that he's a "bully billionaire.

Activist investor Nelson Peltz says it's 'probably true' that he's a 'bully billionaire'

Walt Disney Co on Friday said that remarks by activist investor Nelson Peltz criticizing the company for making movies dominated by female and Black actors is evidence that he shouldn't be on Disney's board.

Disney criticizes Peltz remarks about casting of 'Black Panther,' 'The Marvels'

Disney and its current CEO, Bob Iger, have secured the backing of Iger's onetime boss, former Chairman and CEO Michael Eisner.

News for Disney Stock (DIS)