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

And all of Disney's streaming services make it a looming threat to Netflix.

Disney+ to Hit $4 Billion in Revenue by 2022

Disney's stock got nearly a 14% boost last week. The catalyst - optimism surrounding expansion of the streaming service Disney+.

Disney's Stock Gets 14% Boost – Is It Time To Get In For Long-Term Gains?

American Airlines

Darden Restaurants

General Motors

Lyft

United Continental Hlds

Airbnb

Investors are still underestimating the pandemic's long-term effects and expecting 2021 to look like 2019. Take profits on that.

8 Stocks That May Be Overpriced

The entertainment giant just announced new annual spending targets for Disney+ as it rapidly narrows its subscriber gap with the streaming-video leader.

Can Disney Outspend Netflix on Streaming Content?

The consumer has spoken, and Disney is answering in grandiose style.

Disney Is Setting Itself Up For a Monster 2021

BURBANK, Calif.--(BUSINESS WIRE)--Disney celebrates the history of Mickey Mouse and iconic Pop Artist Keith Haring with new product collaborations.

Disney Celebrates the History of Mickey Mouse and Iconic Pop Artist Keith Haring with New Product Collaborations Highlighting Some of the Artist's Most Renowned Work

AT&T

Disney, AT&T, and other large companies are battling over market share in the streaming industry.

AT&T Versus Disney: Streaming Wars Winner

The company is leveraging its core capabilities in producing original content to address the different segments of the video streaming market

Disney Is Getting Its Business Strategy Right

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 600 investors on whether shares of Walt Disney Co (NYSE: DIS) will reach $250 by 2022.

Will Disney's Stock Reach $250 By 2022?

Expedia

As vaccinations heat up, travel stocks could get some attention.

2 Best Travel/Destination Stocks to Watch in January

Management provided lots of updates and future plans -- here's what you need to know.

7 Things We Learned at Disney's Investor Day

Disney released its earnings which shows strength in streaming and an upside case of reopening. I believe Disney is a great reopening trade that also gets the benefit of streaming today.

Disney: Recovery Play And Streaming

BURBANK, Calif.--(BUSINESS WIRE)--The annual meeting of shareholders of The Walt Disney Company (NYSE: DIS) will be held on Tuesday, March 9, 2021 at 1:00 p.m. ET / 10:00 a.m. PT by virtual meeting and will be made available via webcast at www.disney.com/investors.

The Walt Disney Company Schedules Annual Meeting of Shareholders for March 9, 2021

The stock price of Walt Disney Co (NYSE:DIS) increased over 18% as the stock price went from $144.67 on November 16 to over $172 as of today. This is why it happened.

Walt Disney Stock Price Increased Over 18% This Past Month: Why It Happened

Disney shares dipped more than 2 percent Monday after a Wall Street analyst cautioned that the company has a lot of work to do before it rebounds from the pandemic and its economic fallout. BMO analyst Daniel Salmon, who lowered the rating on Disney stock from “outperform” to “market perform,” said streaming giant Netflix was.

Disney shares fall after analyst downgrades stock over pandemic concerns

Walt Disney Co. shares have surged recently amid optimism for the company's ambitious streaming targets, and that's reason enough to take a breather on the stock, according to one analyst.

The Ratings Game: Disney's stock gets a downgrade as company begins the ‘hard part' of meeting subscriber goals

At its 2020 Investor Day, Walt Disney Co (NYSE: DIS) tripled subscriber projections for Disney+ by 2024. It also revealed it will raise the monthly price to $8 which is the first price increase since the service launched last November, whereas Netflix Inc (NASDAQ: NFLX) took two years before making such a move.

Disney Just Made The Streaming Wars Even More Intense

Disney's lofty valuation has become a concern, and 3M is seeing strength in all of its segments.

Dow Jones Rallies as Vaccine Rolls Out; Analyst Cools on Disney Stock; 3M Reports 8% November Sales Growth

Disney (DIS) shares moved lower in pre-market hours after BMO Capital Markets downgraded the stock but raised its price target to $185.

Disney (DIS) Retreats From Record Highs

From mouse house to powerhouse. Quint Tatro of Joule Financial applauds the move in Disney but says to wait for a pullback to jump in.

‘Bravo to Disney,' says trader, but wait before putting new money to work

Apple

Acacia Research

AudioEye Inc

American Express

Caterpillar

Cisco Systems

Goldman Sachs

Intel

JPMorgan Chase & Co

NIKE

Walmart

Week 51 MDA Breakout Forecast - December: Short-Term Picks To Give You An Edge

Netflix

Hi! Welcome to the Insider Advertising daily for December 14. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at LJohnson@businessinsider.com. First: We want to hear from public relations executives. Please take our anonymous survey and tell us what you want to read about the PR industry in in 2021.

How Disney's growth plans compare to Netflix

The Walt Disney Company's (NYSE:DIS) stock has been on a tear over the last couple of weeks, and the stock hit a fresh all-time high on Dec. 11 as investors welcomed the outcome of the four-hour long Investor Day event, in which the company pledged to prioritize the streaming business.

Goldman Sachs Assigns a Street-High Target Price for Disney

Despite shares soaring recently, it may not be too late to get in on the stock as the media giant enters a new era.

Should You Buy Disney Stock As Its Streaming Business Ramps Up?

Shares of The Walt Disney Company (NYSE: DIS) erupted 13.6% on Friday after the company announced impressive results for the recent period, as well as numerous new features and pricing.   Fundamental analysis: Impressive results Disney said that its recently-launched Disney+ streaming platform now has 86.8 million subscribers, representing a gain of over 13 million new subscribers in less than two months.

News for Disney Stock (DIS)