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.

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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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

There were quite a few things to like about Disney's (DIS) fiscal third-quarter results on Wednesday which sent shares higher before cooling off in Friday's trading session.

Should Investors Buy Disney Stock After Earnings?

Eli Lilly

WeWork

Here are some of the major companies whose stocks moved on the week's news.

The Score: Eli Lilly, WeWork, Walt Disney and More Stocks That Defined the Week

The future of sports streaming at The Walt Disney Company (NYSE:DIS)'s ESPN is under pressure from the NFL after the league announced Thursday that it would offer NFL Network and NFL RedZone through its own streaming service, NFL+. The NFL+ basic plan will now cost $6.99 per month or $49.99 per year while its premium tier (that comes with NFL Redzone) will go for $14.99 per month or $99.99 per year.

Disney faces crunch to launch full ESPN streaming service as NFL unveils its own offering

First Trust S-Network Streaming and Gaming ETF

Fidelity MSCI Telecommunication Services Index ETF

Invesco Dynamic Media ETF

Invesco S&P 500 Equal Weight Communication Services ETF

Vanguard Telecommunication Services ETF

Examine the response of ETFs with investments in Disney to the company's Q3 earnings outcomes.

Earnings ETFs in Focus on Disney's Q3 Earnings

Disney's stock is expected to rally in the short term due to the Penn Gaming deal and bouncing off the $85 support level. Disney's streaming business is struggling, with declining subscribers for the key ESPN+ service. The stock trades at 17x aggressive FY24 EPS targets, providing limited upside on any rally.

Disney: Sentiment Shift For Limited Time

Mickey's Not-So-Scary Halloween Party kicks off tonight at Disney's Magic Kingdom park in Florida. Guests will pay as much as $199 to attend one of the Mickey's Not-So-Scary Halloween Party, but it's already sold out through early September.

It's Never Too Early for Disney World to Cash In on Halloween

Disney CEO Bob Iger has reiterated the plan for ESPN to pursue a full-scale direct-to-consumer model but key details on timing, pricing and the likely subscriber base are vague.

NFL Expands Streaming Service. Why That's Bad News for Disney's ESPN.

CNBC's Jim Cramer on Thursday shared common mistakes investors might make during big market moves.

Cramer gives his take on Disney's rally and shares pitfalls to avoid during big market moves

Apple

Netflix

Warner Bros Discovery Inc

Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.

Why Are Streaming Companies Raising Prices?

Disney posted weak growth on the top and bottom lines. A narrower loss in the streaming segment and an upcoming price hike pleased investors.

Why Walt Disney Stock Was Gaining Today

Partnering with sports leagues on ESPN may make sense for Disney, but it's not yet clear it makes sense for the leagues.

Disney wants sports leagues as ESPN partners, but it's not clear sports leagues want ESPN

In a recent earnings call, The Walt Disney Co.'s ( DIS , Financial) CEO, Robert Iger, and interim Chief Financial Officer Kevin Lansberry provided insights into its streaming business, financial results and strategic direction. The discussion shed light on the company's efforts to improve margins, the importance of partnerships and the role of content in fueling the direct-to-consumer businesses.

Disney: Streaming, Strategy and Sports Betting

Penn Entertainment

When Penn Entertainment Inc. announced plans on Tuesday to launch an ESPN-branded online sports-betting service, shares of the casino operator initially rallied. But afterward, some Wall Street analysts seemed less sure about the enthusiasm, saying that while the potential gains were big, the road to reach them could make for a bumpy ride.

Penn is betting big on ESPN for sports betting. One analyst sees ‘sizable execution risks.

Disney's (DIS) third-quarter fiscal 2023 results reflect a solid revival in the domestic and international theme park businesses.

Disney (DIS) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Krispy Kreme

Markets rose on favorable inflation data. Disney reported mixed quarterly results but raised prices on its subscriptions.

Disney Is Rising, but This Tasty Stock Isn't So Sweet on Thursday

Truist Securities analyst Barry Jonas downgraded his rating of Penn to Hold from Buy.

Why ESPN Gambling Deal Might Not Be a Win for Penn Entertainment Stock

Disney announced higher prices for its streaming services, and Wall Street is loving it. The entertainment company hiked prices for Disney+, Hulu, and ESPN by almost 30%.

Disney just hiked streaming prices by almost 30% and Wall Street is thrilled

Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.

Disney+ Raises Subscription Prices After Losing Millions of Subscribers

Disney's (NYSE: DIS ) financial performance has been a roller-coaster ride. While its third-quarter revenue for fiscal year 2023 saw 4% growth to reach $22.33 billion, it fell short of the estimated 4.8% growth to $22.53 billion.

Get Ready for a Rebound in Disney (DIS) Stock

The monthly rate for Disney+ without commercial interruptions is rising $3 a month in October, following a similar hike in December of last year. The timing isn't great with content cuts and strike-related production stoppages.

Did the Disney+ Price Hike Go Too Far?

The most recent Walt Disney Co. (NYSE: DIS) quarterly report caused the company to be hit by a wall of bad press.

Disney Gets Desperate

Six Flags

Recent earning calls from two of the US's premier theme park chains show hint at a growing sense of apathy within America's world-class rollercoaster circuit. Six Flags reported second-quarter revenues of US$444 million, up 2% from US$435 million in the same period in 2022, but down 3.5% from 2021 numbers.

Six Flags and Disney results show Americans are abandoning the rollercoaster circuit

Bob Iger has his work cut out for him as he tries to orchestrate a turnaround of Walt Disney Co. And while some on Wall Street were willing to give him credit for signs of progress after Wednesday's earnings, others worried Iger may be overplaying his hand as he seeks to jolt the streaming business.

Disney may be near a ‘turning point' — for better or worse

With the ESPN and Penn Entertainment deal, Disney is officially entering the world of sports betting.

ESPN Penn Entertainment Deal Is Disney's First Move Into Sports Betting

Walt Disney and Co. lost about 12 million Disney+ streaming subscribers, took a big hit due to restructuring costs, and missed revenue projections, but its third-quarter earnings per share beat analysts' expectations.

News for Disney Stock (DIS)