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

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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

IMAX

Disney and IMAX have announced a collaboration that will see several Marvel movies presented in IMAX's Expanded Aspect Ratio format on Disney Plus.

13 Marvel Movies Will Debut As IMAX Enhanced Versions On Disney+ November 12

Disney+ is bringing IMAX's Expanded Aspect Ratio across 13 Marvel movies on its platform on November 12. The new format means that viewers will see smaller black bars in certain scenes.

Disney+ is launching a special IMAX format for 13 Marvel movies

Disney's (DIS) fiscal Q4 results are expected to reflect the success of Shang-Chi and the Legend of the Ten Rings, along with the growing popularity of Disney+.

Walt Disney (DIS) to Report Q4 Earnings: What's in the Cards?

The Walt Disney Company (NYSE: DIS) is partnering with a leading movie theater company to enhance the at-home viewing experience for consumers. What Happened: Disney is partnering with Imax Corp (NYSE: IMAX) to offer a new experience for at-home viewing.

Imax Comes To Living Rooms With Disney+ Partnership: What Investors Should Know

AMC Entertainment

AMC Entertainment (NYSE: AMC) is teaming with the Walt Disney Co. (NYSE: DIS) for a series of “surprise screenings” of Disney titles at more than 200 of AMC's U.S. venues from Nov. 12-14. What Happened: The screenings are being times in conjunction with the second annual Disney+ Day promotion, which occurs on Nov. 12.

AMC Teams With Disney On 'Surprise Screenings' In Conjunction With Disney+ Day

NEW YORK and LOS ANGELES, Nov. 8, 2021 /PRNewswire/ -- For the first time ever, fans will be able to stream some of their favorite Marvel titles in IMAX's Expanded Aspect Ratio at home with IMAX Enhanced on Disney+, launching on November 12th as part of Disney's company-wide Disney+ Day global celebration. The new collaboration was announced today by The Walt Disney Company (NYSE:DIS), IMAX Corporation (NYSE:IMAX), and DTS, a wholly-owned subsidiary of Xperi Holding Corporation (Nasdaq: XPER).

IMAX Enhanced to Launch on Disney+ with Titles from the Marvel Cinematic Universe in IMAX's Expanded Aspect Ratio

In a first for Imax and the recent era of all-out streaming competition, viewers will soon be able to stream 13 Marvel movies in a new format called Imax Enhanced on Disney+. The slate, which includes this year's Shang-Chi and the Legend of the 10 Rings, will stream in the expanded aspect ratio, which shows...

In Milestone Deal With Marvel And Disney, Imax Enters The Living Room With Enhanced Versions Of 13 Films For Disney+

The Walt Disney Co (NYSE: DIS) is offering a month of Disney+ for $1.99 for a limited period to entice paid streaming users, Reuters reports. The promotion will begin on November 8 and be valid for a week through November 14 for new and eligible returning subscribers in the U.S. and other countries.

Disney Slashes Streaming Fee To Entice Customers

Walt Disney Co said on Monday it was offering a month of Disney+ for $1.99 for a limited period, as the entertainment giant seeks to stem a slowdown in paid user growth at its streaming service.

Disney offers streaming service discount for a month to boost subscribers

Eternals was "Kingo" of the box office this weekend, hauling in $71 million in the US, but in a world packed with all-powerful expectations,.

Disney's Eternals Flames Out, Missing Box Office Expectations

The Walt Disney Co. (NYSE: DIS) took control of the U.S. box office this weekend with the premiere of its Marvel Cinematic Universe epic “Eternals,” which opened to $71 million in ticket sales from a release in 4,090 theaters. What Happened: According to a Variety report, “Eternals” had the fourth-best U.S. opening weekend of the pandemic era, joining other Marvel-inspired titles “Venom: Let There Be Carnage” ($90 million), “Black Widow” ($80.3 million) and “Shang-Chi and the Legend of the Ten Rings” ($75.3 million) as the year's most popular new releases.

Disney Rakes In $71M With 'Eternals' Opening Weekend

Disney says it is "committed to fair and equitable pay" for its cast members, but also says a local fair pay ordinance doesn't apply to it.

Lawyer plans to appeal decision in Disneyland 'fair pay' lawsuit

"Eternals"—the latest from Disney's Marvel Cinematic Universe—garnered impressive box-office numbers overseas despite mixed critical reception.

Disney's 'Eternals' Opens With Strong Overseas Collections

Merck

Boeing

Visa

Merck shares fell sharply on news that a competing COVID-19 pill from Pfizer is more effective, but employers reported a big increase in jobs growth last month, pushing the index higher.

Dow Jones Gains 300 Points on Jobs Report, Merck Shares Slammed on Pfizer's COVID Pill Results

Netflix

Netflix is happy to benefit from free advertising.

When It Comes to Intellectual Property, Netflix Has a Different Approach Than Disney

Walt Disney Co. (NYSE: DIS) is terminating its ESPN Classic cable network effective Jan. 1, 2022. What Happened: According to a Sports Business Journal report, the company is also terminating its ESPN Classic On Demand service.

Disney To Shut Down ESPN Classic

Affirm

D.R. Horton

Doximity

RingCentral

Five large-cap (market capital > $10 billion) stocks will report earnings results next week. These are: DHI, RNG, DOCS, DIS and AFRM.

5 Large-Cap Stocks Likely to Win Big on Earnings Next Week

Starbucks

Both have strong brands, but one gets the nod.

Better Buy: Disney vs. Starbucks

FuboTV

Roku

Negative reactions to earnings reports are a gold mine for investors who look past the headlines. Here are three streaming stocks to buy now.

3 Streaming Stocks to Buy on the Dips

BURBANK, Calif., Nov. 4, 2021 /PRNewswire/ -- The Walt Disney Company today launched its 2021 Disney Ultimate Toy Drive benefiting the Marine Toys for Tots Program, as part of its efforts to inspire a world of hope.

The Walt Disney Company Launches Disney Ultimate Toy Drive To Provide Toys To Children In Need This Holiday Season

Disney today offers the opportunity to invest in a transition story at the relatively early stages. Investors today will likely be handsomely rewarded over time. Looking at Disney's valuation with a SOTP method shows significant undervaluation with attractive risk-reward.

Disney Is A Conviction Buy

Amgen

Chevron

Dow Inc

Intel

Johnson & Johnson

Coca-Cola

Verizon

Walgreens

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration." Thirty Dow stocks represent nine of eleven sectors. Dow tracks utilities as a separate index and omits real estate. Broker top ten target-estimated net gains ranged from 14.02%-29.15% topped by V 11/1/21.

Check Out Dogs Of The Dow For November Dividend Income

The House of Mouse looks to report another quarter of progress in its recovery from the pandemic.

Walt Disney Q4 Earnings Preview: Disney+ Subscriber Figures Will Take Center Stage

Disney has transformed itself into a direct-to-consumer powerhouse. It's trying to position itself as a growth stock.

Disney Stock: Can Direct-To-Consumer Growth Justify Current Valuations?

Walt Disney Co. (NYSE: DIS) is dusting off two of its older properties, the 1993 comedy film “Hocus Pocus” and the 2001 animated feature “Atlantis: The Lost Empire,” with new productions designed to jump-start the long-dormant franchises. What Happened: The company had first announced plans on a belated “Hocus Pocus” sequel, although news that the film's three original stars — Bette Midler, Sarah Jessica Parker and Kathy Najimy — were returning as the wacky witches was not announced until May.

News for Disney Stock (DIS)