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 Q2 2022

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Earnings data Q2 2024

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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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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

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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

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

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Cash from other sources

Net change in cash

Free cash flow

AT&T

The coronavirus continued to wreak havoc on the advertising market in May, new data shows. Last month, US advertising revenue plummeted 31 percent with the postponement of big-ticket sporting events dragging down big media companies like Disney, owner of ESPN, according to a new report from StandardMedia Tracker, which tracks media spend.

Ad sales plunge in May as lack of NBA hurts Disney, WarnerMedia

It's going to be another big month for the media giant, with theme park reopenings and a couple of notable Disney+ debuts.

5 Dates for Disney Investors to Circle in July

A new paper published by Disney Research in partnership with ETH Zurich describes a fully automated, neural network-based method for swapping faces in photos and videos – the first such method that results in high-resolution, megapixel resolution final results according to the researchers. That could make it suited for use in film and TV, where […]

Disney Research neural face swapping technique can provide photorealistic, high resolution video

Apple

Netflix

The overall “churn” rate, reflecting how many customers cancel their subscriptions to streaming services, rose to 41% during the first quarter of 2020 from 35% in the same period of 2019. Research firm Parks Associates revealed the statistic Monday, describing it as a gauge of consumers experimenting with streaming during COVID-19 shutdowns. The past few

Streaming Subscribers Have Itchy Trigger Fingers During COVID-19, With Churn Rate Rising To 41% – Report

Amazon

Comcast

The growth in subscription streaming hours will slow considerably over the next couple years.

Is It Too Late for New Subscription Video Services?

Workers at California's Disneyland Resort protested from their cars on Saturday, arguing that the Walt Disney Co has not agreed to adequate protections for employees when the destination reopens to the public amid a pandemic.

Some Disneyland workers protest reopening plans amid pandemic

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Studios (NYSE: DIS) announced today that Disney's “Mulan,” a live-action epic directed by acclaimed filmmaker Niki Caro, will now debut in theaters on August 21, 2020. The film’s release was previously delayed due to theater closures amid the COVID-19 pandemic and had been scheduled for release on July 24, 2020. “While the pandemic has changed our release plans for ‘Mulan’ and we will continue to be flexible as conditions require, it has not cha

Disney’s ‘Mulan’ to Open in Theaters on August 21, 2020

Cinemark Holdings

Discovery

Discovery Communications

Twenty-First Century Fox

iHeartMedia

Twitter

Stocks acclerated their downward trajectory Friday as the coronavirus ratcheted up with media shares following the market lower. The DJIA closed out the week down a hefty 730 points, or 2.8% in Friday’s session. The S&P 500 and Nasdaq dropped, respectively, 2.4% and 2.6% for the day. Exhibitors lost more ground with the summer release

Media Stocks End Dour Week Marred By COVID-19 Spike: Cinemark, Facebook, Netflix Losers Friday

Disneyland has said it will announce when it is reopening in Anaheim, CA after July 4.

Disneyland Delays Date To Reopen

The Walt Disney Company: A Complicated But Compelling Opportunity At Today's Levels

Disney will delay the reopening of theme parks and resort hotels in California, with a summer blockbuster also under pressure. 
The post Disney Stock Falls On Fresh Coronavirus Setbacks To Key Segments appeared first on Investor's Business Daily.

Disney Stock Falls On Fresh Coronavirus Setbacks To Key Segments

Southwest Airlines

Wynn Resorts

Leisure stocks were hit harder than most during the quarantine, but they will bounce back. Buy DIS, LUV and WYNN stocks for the recovery.

3 Leisure Stocks to Buy Into the 2021 Recovery

Disney is pushing back plans to re-open Disneyland, and Apple is shutting down some stores in virus hotspots.

Dow Jones Choppy as Disneyland Re-opening Delayed, Apple Re-closes Some Stores

Walt Disney Co said on Thursday it will renovate its Splash Mountain theme park ride to feature Tiana, the entertainment company's first Black princess and the star of 2009 animated film "The Princess and the Frog."

Disney to revamp Splash Mountain to feature company's first Black princess

Splash Mountain, one of the mainstay rides at Disneyland whose theme was based on the Uncle Remus Br’er Rabbit story from Disney’s controversial 1946 film Song of the South, will be reimagined based on the animated film The Princess and the Frog. The news comes amid growing calls to change the ride’s theme in the

Disneyland’s Splash Mountain To Be Reimagined With ‘Princess And The Frog’ Theme

Workers are asking the resort to stay closed, as Florida has reported record increases in coronavirus cases.

Florida Vs. California: Disney World Reportedly Still Plans To Reopen, While Disneyland Staying Closed

Actors’ Equity Association is calling on Walt Disney World in Florida to follow California’s Disneyland in postponing its re-opening due to the ongoing coronavirus pandemic, and to strengthen safety protocols with regular testing, the union said today. Walt Disney World in Orlando, Florida, currently is planning a phase reopening beginning July 11. “If Disneyland has

Actors’ Equity Urges Florida’s Walt Disney World To Postpone July Opening

Walt Disney Co (NYSE: DIS) shares were trading lower Thursday after the company announced it will delay the reopening of Disneyland in Anaheim, California.

Delayed Disneyland Reopening Sends The Mouse's Stock Lower

The dip in price would be a buying opportunity for long term investors.

Here’s Why You Should Buy Disney Stock if it Delays Reopening Parks

Disneyland is delaying its July 17 reopening, but Disney World remains on track for a mid-July restart.

Will Disney World Actually Open Next Month?

Shares of Walt Disney Co dropped 2.4% on Thursday after the media company delayed the reopening of theme parks and resort hotels in California, following a surge in fresh COVID-19 cases in the state.

Disney shares drop as company delays reopening of California Disneyland

Companies that were forced to shut down parts of their business due to Covid-19 have seen this summer as a chance to start getting back on track.

Surging Covid-19 cases are making it difficult for Disney and Apple to get back to normal

The opening of Disney’s two flagship theme parks in California will be delayed amid an increase in coronavirus cases, the company said Wednesday. Anaheim’s Disneyland and Disney California Adventure, both closed due to the pandemic, had planned a phased reopening beginning on July 17.

Disney’s California parks to delay reopening amid spike in coronavirus cases

Walt Disney Co's reopening of theme parks and resort hotels in California will be delayed until Disneyland receives government approval, the company said on Wednesday.

Disneyland reopening delayed beyond July 17

The Walt Disney Co. DIS, -3.87% is delaying the reopening of its California theme parks, including Disneyland, which had been scheduled to start reopening July 17.

News for Disney Stock (DIS)