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 Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2023

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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.

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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

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Current liabilities

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Total liabilities & equity

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Book value per share

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Cash from other sources

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Free cash flow

Comcast

Paramount Global

Warner Bros Discovery Inc

Hollywood writers and studios have finalized the language of a tentative contract that will lead to the end to a nearly 150-day labor strike.

Hollywood writers strike to end on Wednesday as WGA, AMPTP finalize labor contract

Activision Blizzard

Electronic Arts

Take-Two Interactive Software

LOS ANGELES — Striking actors have voted to expand their walkout to include the lucrative videogame market, a step that could put new pressure on Hollywood studios to make a deal with the performers who provide voices and stunts for games.

Striking Hollywood actors vote to authorize new walkout against videogame makers

The media business isn't what it used to be, and now Disney is doubling down on parks and cruises.

Why Disney Is Betting $60 Billion on Parks and Cruise Liners

The union's next bargaining session with videogame companies and producers is scheduled for Sept. 26, Sept. 27, and Sept.

Videogame Actors Vote to Authorize Strike

The segment featuring its unmatched theme parks is typically a huge revenue driver. Meanwhile, streaming is still bleeding money while linear networks continue to falter.

What Does This Major Shift Mean for Disney Shareholders?

Fiverr

Pubmatic

Fiverr's digital marketplace for hiring freelancers has seen steadily rising revenue. PubMatic's digital ad platform for website owners should recover as the economy does.

3 Stocks Near 52-Week Lows to Buy Hand Over Fist

Disney stock price has been performing poorly recently, leading to concerns about the stock's medium-term prospects. The company's brand and unique assets can translate into long-term strength, but the lack of a dividend makes waiting out difficult issues risky. The article provides a way to create a synthetic dividend strategy on Disney using covered calls (and potentially cash-covered puts).

Disney: Looks A Lot Better With A Synthetic Dividend

Netflix

After nearly 150 days, the Hollywood writers strike appears to be coming to an end.

4 Entertainment Stocks Gurus Are Tuning Into as Writers Strike Agreement Reached

Producers of television talk shows were making plans on Monday to return to the air for the first time in five months after Hollywood writers reached a tentative deal to end a work stoppage that had shut down production.

Hollywood prepares for partial return to work after writers' deal

AMC Entertainment

Cinemark Holdings

Marcus

Big media shares, which rose in pre-market trading Monday, opened lower at the bell and are still trending down midday after the Writers Guild reached a tentative deal with studios to end their prolonged strike.

Big Media Stocks Backtrack In Jittery Market; Theater Chains Soar On Tentative WGA Deal

Disney laid off hundreds of employees in its Beijing office ahead of a meeting with a US congressman who chairs a committee focused on US competition with China and data privacy, according to a report.

Disney laid off hundreds of Beijing employees ahead of meeting with US congressman over data privacy: report

Sony

Shares of media companies jumped in pre-market trading on Monday before giving back those gains, after Hollywood writers reached a tentative agreement with major studios over the weekend.

Media Stocks Fluctuate After Writers Guild Reaches Tentative Deal With Studios

Disney stock is substantially underperforming the broader market this year due to fears regarding the ability of the company to successfully execute its transformation. Recent trends in financial performance suggest that the management is on the right path to making a stellar comeback for this iconic company. My valuation analysis suggests a massive upside potential for the stock price.

Disney: Stellar Comeback Is Approaching

Amazon

If you can not be first on board, at least catch the train before it leaves the station.

Amazon Buys Into AI, Writers Strike, $100 Oil

Home Depot

NIKE

The Dow Jones Industrial Average has a lengthy history. Charles Dow created the index in 1896 and introduced it in the Wall Street Journal.

Beware! 3 Dow Stocks Waving Massive Red Flags Right Now

DISH Network

A tentative agreement has been reached to cease the labor action that has shut down production of TV shows and movies.

Disney, Netflix, Other Stocks Rise With End in Sight for Hollywood Writers Strike

LOS ANGELES — Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking actors.

Tentative deal reached to end Hollywood writers strike, union says

Hollywood writers reached a tentative labor agreement with major studios on Sunday, the Writers Guild of America said, a deal expected to end one of two strikes that have halted most film and television production and cost the California economy billions.

Striking Hollywood writers reach tentative deal with studios

Talks between the Writers Guild of America and the Alliance of Motion Picture and Television Producers resumed this week after months of starts and stops.

Hollywood writers and studios reach tentative deal to end strike after nearly 150 days

Look for cable plans to shrink going forward, and for channels to be sold on a more a la carte basis. The highly competitive nature of the streaming business will make life tough for Disney.

Disney Is Leading the Debundling of Cable TV. Is It the Right Move for Shareholders?

Roku

It's hard to understate Netflix's dominance of the streaming landscape, something its profitability demonstrates. Thanks to its valuable intellectual property, Walt Disney has quickly become a major player in streaming too.

You Don't Have to Pick a Winner in Streaming Services. Here's Why.

The House of Mouse is doubling down on its theme park segment.

Huge News for Disney Stock Investors

Disney's operating losses in its Media and Entertainment segments have led to a shrinking margin, but if margins improve, it could be a good investment opportunity. Disney dominates the box office and holds a significant market share in the entertainment industry. The streaming boom presents a potential for Disney to increase its margins, and the expansion of in-person experiences like theme parks and cruises can contribute to its growth.

Disney's Road To Recovery: Streaming, Experiences, And Future Profits

Tesla

Many stocks that are flying high right now are flashing warning signs that some investors ignore at their own peril. Other stocks on the downslope are likely to continue sliding lower as their operations, earnings, and sentiment toward their shares worsens.

Beware! 3 Momentum Stocks Waving Massive Red Flags Right Now

Disney will nearly double investments in its parks division over the next decade to $60 billion. The move comes as the company's media and entertainment division is struggling.

News for Disney Stock (DIS)