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

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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.

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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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Electronic Arts

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Despite continued macro headwinds, pockets of opportunity remain among the best communication services stocks.

Best Communication Services Stocks to Buy Now

We remain bullish on Disney. We expect Iger's turnaround plan to pan out well into 1H24 and are more constructive on Disney shifting much-needed focus to profitability.

Disney: Reversing Fortunes

Billionaire investor David Tepper revealed a new investment in Disney in Q4 2022. The guru's investment in Disney stands out as he recently revealed that he is leaning short on the stock market heading into 2023.

David Tepper Bets On Disney Despite 'Leaning Short' On Equities

Alphabet

PayPal

Alphabet has a lower P/E ratio than many other big techs. PayPal's free cash flow continues to be impressive.

3 Stocks You Might Be Glad You Bought at These Prices

Netflix

Two popular stocks that investors may consider are Disney (DIS) and Netflix (NFLX), let's see if it's time to buy either of these consumer discretionary giants after last week's selloff.

Should Investors Buy Disney or Netflix Stock on the Dip?

Comcast's Universal Studios Hollywood opened Super Nintendo World on Feb. 17, 2023, the second of four planned lands across its global collection of theme parks. Universal Orlando in Florida will get the next Nintendo-themed land, opening at Epic Universe when it opens in 2025.

Disney World Is Going to Have Its Hands Full in 2025

Microsoft

Microsoft and Disney are both widely held on Robinhood. Microsoft faces a cyclical slowdown this year as enterprise spending on its software and cloud-based services cools off.

Better Robinhood Stock: Microsoft vs. Disney

BURBANK, Calif.--(BUSINESS WIRE)--Sonia Coleman has been named Senior Executive Vice President and Chief Human Resources Officer of The Walt Disney Company, effective April 8, it was announced today by Robert A. Iger, Chief Executive Officer. Coleman, who most recently has served as Senior Vice President, Human Resources for Disney Entertainment and ESPN, succeeds Paul Richardson, who is leaving the company after more than 15 years at Disney.

Sonia Coleman Named Chief Human Resources Officer of the Walt Disney Company

Disney shares suffered last year -- but they've been climbing since the start of this year. Longtime CEO Bob Iger is back at the company and is working on a strategy to cut costs and drive growth.

Market Slump Got You Down? Here's 1 Supercharged Stock to Buy Now

Amazon

Check out these two top streaming stocks in the stock market this week.

2 Streaming Stocks For Your Watchlist This Week

Once and future Disney CEO Bob Iger was supposed to fix Disney. He was supposed to make huge staff cuts to convince skeptics that he could cut fat, not bone. He was supposed to reprice streaming services. He was supposed to save Disney properties from encroachment by the state of Florida.

Disney's Failure Deepens

Cleveland-Cliffs

Here are two stocks our experts have added to in recent weeks.

2 Great Stocks for Long-Term Investors to Buy and Hold

Disney stock has declined significantly over the past two years, primarily over concerns about its Disney+ streaming service. However, there are several reasons to be optimistic about the stock over the near term and the long term.

1 Dow Stock Down 53% to Buy Hand Over Fist

Both Netflix and Walt Disney have had a tumultuous 12 months. Netflix is starting to monetize its intellectual property away from streaming.

Better Buy: Netflix vs. Walt Disney

Exelixis

Innovative Industrial Properties

The widely followed Nasdaq Composite, which led Wall Street to new highs in 2021, was clobbered last year. Based on history, bear markets represent perfect buying opportunities for long-term investors.

Nasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip

“I always believed that Disney was a brand that needs to be accessible,” Iger said.

Bob Iger admits Disney was ‘too aggressive' with theme park price hikes

Costco

Roku

Disney and Roku are trading well below their 2021 peaks, but the prospects are brighter now for both consumer titans. Costco stock has hit a new all-time high every year for more than a decade.

Why Disney, Roku, and Costco Are No-Brainer Buys Right Now

Amazon is the king of e-commerce, a market that continues to have a lucrative outlook over the long term. Disney's recent stock dip makes the legendary company an excellent option to buy and hold indefinitely.

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

In January, Iger rolled back some policies which went into effect under his predecessor, Bob Chapek.

Disney CEO Iger admits the company was 'too aggressive in its zeal to grow profits' after theme park price hikes left fans furious

Walt Disney Co. Chief Executive Bob Iger says that while there's nothing wrong with Marvel's brand, the media giant may rely less on big-budget sequels as it looks to cut costs.

There may be fewer Marvel sequels in Disney's future, CEO Bob Iger says

Iger said he hopes to embrace a more curated HBO-like approach of making a few high-quality shows built around its major brands, as he works to lift Disney+ to a profit.

Bob Iger says Disney may resume making films, TV shows for rivals

Walt Disney Co Chief Executive Bob Iger Thursday said the studio may resume making films and television shows for its rivals, marking a departure from recent years, when its production resources were harnessed to launch and grow its marquee Disney+ steaming service.

Disney reconsiders making content for others under Bob Iger

Iger acknowledged Disney made a series of pandemic-era moves that angered loyal customers out of a “zeal to grow profits.”

CEO Bob Iger: Disney Park Pricing Was ‘Too Aggressive' And Hulu Might Be Worth Selling

The Walt Disney Company (NYSE:DIS ) Morgan Stanley Technology, Media and Telecom Conference March 9, 2023 12:45 PM ET Company Participants Bob Iger - CEO Conference Call Participants Ben Swinburne - Morgan Stanley Ben Swinburne Okay. Good morning, everyone.

The Walt Disney Company (DIS) Presents at Morgan Stanley Technology, Media and Telecom Conference (Transcript)

Walt Disney Chief Executive Robert Iger revealed some details of his plan to achieve profitability in the company's streaming business.

News for Disney Stock (DIS)