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 2023

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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 Walt Disney Company's (NYSE: DIS) most recent earnings report, published on May 7, proved mixed divisive and offered investors little certainty about what could be next for the stock.

Analysts revise Disney stock price targets after earnings

Amazon

Walmart

As retail behemoths Amazon and Walmart compete for consumers' spending, both are turning to video streaming ads to open up new sales opportunities and drive conversion. On Wednesday (May 8), Disney Advertising announced a partnership with Walmart Connect, the superstore chain's retail media platform, to enable targeted advertising using the retailer's data.

Walmart Teams With Disney in Race Against Amazon for Streamers' Spending

Disney reported a penny-a-share loss for its latest quarter. Investors punished Disney stock with a 10% selloff.

Is Disney Stock Going Back to $130? 1 Wall Street Analyst Thinks So.

Warner Bros Discovery Inc

Disney and Warner Bros. Discovery announced a new bundle service.

The bundle is making a comeback

Warner Bros. Discovery CEO David Zaslav said the forthcoming bundle of WBD's Max and Disney's Hulu and Disney+, marks a “moment” for programmers in the streaming wars. “It does feel like this is a moment,” Zaslav said, “in terms of what the next year, two years, will bring.

WBD Chief David Zaslav On Streaming Bundle With Disney: “It Does Feel Like This Is A Moment”

Two firms will offer Disney+, Hulu and Max in a single bundle on ad-supported or ad-free plans

Disney and Warner Bros team up to bundle streaming services in US

Disney Entertainment has announced a new streaming bundle that hopes to give subscribers an 'unprecedented selection of content' with major brands in entertainment.

Disney Entertainment and Warner Bros. Discovery announce new bundle with Disney+, Hulu, Max

Walt Disney Co (NYSE:DIS, ETR:WDP) and Warner Brothers have laid down plans to launch a bundled streaming service in the US this summer. Disney+, Hulu and Max will be clubbed together and offered to US customers on all three streaming packages under the move.

Disney to bundle streaming services with Warner Bros

Investors sold off Disney's stock, but the company is still growing in the right places.

Disney's Future Is Brighter Than It Appears

The idea is to simplify choices for consumers, who will soon be able to sign up for a package that includes Disney+, Hulu, and Warner's Max services.

Disney and Warner Bros. Team Up on Streaming.

The House of Mouse finally sees a slowdown in demand for the theme parks.

Should Investors Buy Disney Stock on the Dip?

The companies would package ad-free and ad-supported versions of Disney+, Hulu and Max.

Disney and Warner to Offer Bundle of Their Streaming Services

Walt Disney Co. DIS and Warner Bros. Discovery Inc. WBD are putting aside their rivalry to partner on a new streaming bundle that includes Disney+, Hulu and Max.

Disney+, Hulu and Max to be part of new bundle as streaming rivals team up

Disney and Warner Bros. Discovery are already teaming up for a sports streaming joint venture, now the two companies have announced that they will be working together on a streaming bundle of Disney Plus, Hulu and Max for the US that is coming this summer.

Disney, Warner Bros. Discovery Announce Bundle Of Disney Plus, Hulu and Max

The offering from Disney and Warner Bros. Discovery shows how rival companies are willing to work together to navigate an uncertain entertainment landscape.

Disney, Hulu and Max Streaming Bundle Will Soon Become Available

Both companies are trying to build their streaming businesses as customers ditch traditional cable.

Disney, Warner Bros. join forces to offer streaming bundle of Disney+, Hulu and Max

Disney and Warner Bros. Discovery announced Wednesday they will launch a streaming bundle with Disney+, Hulu and Max this summer, marking the latest shift in the streaming realm toward bundling top brands.

Disney And Warner Bros. Discovery Launching Streaming Bundle For Disney+, Hulu, Max

Walt Disney and Warner Bros Discovery will offer a bundle of the Disney+, Hulu and Max streaming services in the United States starting this summer, the companies said in a statement on Wednesday.

Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max

Disney and Warner Bros. Discovery plan to bundle their streaming services, Disney+, Hulu and Max.

Disney, Warner Bros. Discovery to bundle streaming services

Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package. The companies are aiming to launch the bundle this summer.

In Streaming Milestone, Disney And Warner Bros. Discovery Team On Bundle Featuring Disney+, Hulu And Max

Apple

Apollo Global Management

Comcast

Alphabet

Netflix

Paramount Global

Sony

The streaming market is saturated and needs consolidation for a recovery to occur. Comcast and Disney have great assets, but will take time to realize value. Paramount and Warner need to be consolidated into competitors for the industry to recover sooner than later. The opportunity is on potential M&A.

Quick Takes On Streaming Stocks

Hershey

Palantir Technologies

Tyson Foods

United Continental Hlds

Verizon

As we enter the tail end of first-quarter earnings season, clear winners and losers have emerged. Many well-known blue-chip companies that were expected to knock the cover off the ball with their prints ended up striking out.

7 Blue-Chip Stocks to Sell in May Before They Crash & Burn

BURBANK, Calif.--(BUSINESS WIRE)--Bob Iger, Chief Executive Officer, The Walt Disney Company (NYSE: DIS) will participate in a question-and-answer session at the MoffettNathanson Media and Communications Summit on Wednesday, May 15, 2024 at approximately 9:00 a.m. ET/ 6:00 a.m. PT. To stream live, please visit www.disney.com/investors. A recording of the question-and-answer session will be archived on our website.

Bob Iger, CEO of The Walt Disney Company, to Participate in MoffettNathanson's Media, Internet & Communications Conference

Disney's (DIS) second-quarter fiscal 2024 results reflect growth in Disney+ subscribers and theme park and resort businesses.

Disney (DIS) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Lyft

Shopify

Uber

Reddit Reports Strong First Quarter Earnings. Uber Misses. Second Quarter Earnings Expectations Moving Up.

News for Disney Stock (DIS)