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

The Mouse is regaining its mojo on Wall Street. Disney stock, which hit a 2024 bottom of $83.91 over the summer, has roared back to life and is seeing a second straight day of significant gains after an upbeat earnings report Thursday morning.

Disney Stock Hits 6-Month High On Streaming Progress, Upbeat Financial Guidance And Wall Street Analysts' Cheers

Disney's theme park division posted record revenue and profit in fiscal 2024, and that growth is expected to continue next year. The company is breaking ground on new additions and updates to its domestic and international theme parks, but it will be several years before they become available to the public.

Disney is turning record parks profits — even before its big expansions

Disney shares surged due to strong Q4 earnings and a resurgence in Disney+ subscribers, driven by the ad-supported tier, which now comprises 37% of U.S. subscribers. The ad-supported tier has attracted cost-conscious consumers, contributing to Disney+ flipping to profitability and boosting overall company performance. Despite Disney's content library lagging behind Netflix, the nostalgia factor and cheaper ad-supported option are drawing in new subscribers effectively.

Disney Q4 Earnings: What's Driving The Comeback (Rating Upgrade)

The Walt Disney Company DIS provided a look at multi-year guidance, which surprised analysts and resulted in price targets being raised after the company's fourth-quarter financial results.

Disney Q4 Report Had 'A Lot To Like': Analyst Calls It A 'High-Quality' Profit Growth Performer

The Walt Disney Company DIS provided a look at multi-year guidance Thursday, which surprised analysts and resulted in price targets being raised after the company's fourth-quarter financial results.

Disney Q4 Earnings Show 'A Lot To Like': Analyst Calls It 'High-Quality' Profit Growth Performer

DIS' fourth-quarter fiscal 2024 results reflect growth in Disney+ subscribers and Media and Entertainment Distribution businesses.

Disney Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

The Disney-Reliance merger, a deal roughly nine months in the making, has finally gone through. But while that means it's time to move forward, there are still a lot of questions about this blockbuster Indian media merger worth roughly $8.58 billion.

5 Takeaways From The Disney-Reliance Merger, Including Hotstar Subscribers Impact

Disney (DIS) shares were moving higher in early trading Friday, adding to the big gains recorded yesterday after the entertainment giant topped Wall Street's quarterly estimates and provided an upbeat long-term outlook.

Disney Price Levels to Watch as Stock Extends Post-Earnings Surge

Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming profitable.

Disney nears tipping point as streaming profits start to offset cable decline

Disney Has Been Dead Money For a Decade. 3 Reasons That Could Finally Change

Disney's Q4 2024 results showed a 6.3% revenue increase to $22.57 billion, surpassing forecasts, despite earnings per share falling short of expectations. Streaming operations, particularly Disney+, showed growth with Disney+ Core subscribers reaching an all-time high of 122.7 million, offsetting declines in low-value Hotstar users. Theme parks and theatrical distribution saw mixed results, with domestic and international parks performing well and theatrical revenue nearly tripling year-over-year.

Disney Keeps The Magic Alive For Your Wallet

The Disney Adventure starts at $958 for two people, but rates go higher for those who want ocean views, verandahs and "Frozen" themed suites.

Bookings for Disney's first cruise in Asia are opening soon. Here's how much the trip costs

Disney's CFO Hugh Johnston discussed Universal Studios' upcoming theme park, Epic Universe. Johnston said in a call it's "generally beneficial" for Disney when other attractions open in Central Florida.

Disney CFO says Epic Universe's opening could boost attendance at Disney's Florida theme parks

The Walt Disney Company's strong DTC growth and margin expansion drive a “Strong Buy” rating with a fair value of $130 per share. The company reported 21.3% growth in adjusted operating profits for FY24, fueled by robust Disney+ subscriber growth and improved free cash flow margins. Disney anticipates double-digit adjusted EPS growth for FY26 and FY27, with significant investments in parks and cruise lines to sustain market leadership.

Disney Q4: Targeting Double-Digit EPS Growth For FY2026 And FY2027

Shares in the Walt Disney Company (NYSE: DIS) are rising this morning after the company reported its Q4 2024 earnings before the bell. As of the time of this writing, DIS shares are up over 6.5% in premarket trading to $109.41.

Disney stock price takes off today with a big boost from R-rated ‘Deadpool & Wolverine' and animated ‘Inside Out 2'

Disney's Q4 and full fiscal year results were exceptionally well-received by the market, but I remain skeptical. FY 2025 outlook is nothing to brag about, and DIS is very generously priced on a free cash flow basis. On top of that, margin improvements are unlikely to persist for long, which is quite concerning for long-term investors.

Disney Q4 Earnings: Concerning Trends Beneath The Surface

Tapestry

US stocks fell on Thursday as investors sought to regain the postelection momentum that had previously driven major indexes to record highs. The Dow Jones Industrial Average dropped 165 points, or 0.3%.

US stocks fall as post-election momentum begins to fade; Disney and Tapestry shares surge

For Disney's fiscal 2025, streaming will generate enough operating income to offset the parallel decline in operating income from linear TV, CFO Hugh Johnston said in an interview. Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024.

Disney earnings offer hope that streaming can successfully supplant linear TV

BofA Securities analyst Jessica Reif Ehrlich reiterated a Buy rating on Walt Disney Co DIS with a price target of $120.

Disney's Streaming Profits And Park Rebound Lead The Way: Analyst

Why Disney Stock Popped Thursday Morning

Bank of America has reiterated its ‘buy' rating on Walt Disney Co (NYSE:DIS, ETR:WDP) shares following the entertainment conglomerate's fourth-quarter results. Adjusted earnings per share of $1.14 exceeded BoA's forecasts, as did the company's guidance for the year ahead.

Disney's flagging sports segment offset by streaming and theme parks - analyst

JD.com

October PPI In Line With Expectations

The company's long-term forecast buoys hopes that streaming can make strong profits while theme parks show resilience.

Disney's Flywheel Picks Up Some Speed

The Walt Disney Company (NYSE:DIS ) Q4 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Carlos Gomez - Executive Vice President and Head of Investor Relations Robert Iger - Chief Executive Officer Hugh Johnston - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Benjamin Swinburne - Morgan Stanley Jessica Reif Ehrlich - Bank of America Merrill Lynch Robert Fishman - MoffettNathanson LLC Steven Cahall - Wells Fargo Securities, LLC John Hodulik - UBS Michael Morris - Guggenheim Securities David Karnovsky - JPMorgan Chase & Co. Laurent Yoon - Sanford C. Bernstein & Co. Tim Nollen - Macquarie Research Bryan Kraft - Deutsche Bank AG Operator Good day, everybody, and welcome to The Walt Disney Company Fourth Quarter and Full-Year 2024 Financial Results Conference Call.

The Walt Disney Company (DIS) Q4 2024 Earnings Call Transcript

The media stock is soaring after a blowout quarterly report.

News for Disney Stock (DIS)