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 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

Walt Disney Co CEO Bob Iger dazzled Wall Street on Wednesday with sweeping changes and billions of dollars in cost cuts, and some analysts are convinced that will be enough to sway its harshest critic - activist investor Nelson Peltz.

Bob Iger's Disney revamp could keep critic Peltz 'at bay'

CEO Bob Iger has brought in big changes since retaking the helm in November.

Disney Is on the Path to Greater Profitability, Wall Street Analysts Say

The House of Mouse detailed a broad reorganization and wide-ranging cost cuts.

Disney to Cut 7,000 Jobs. Here's What the Company's Plans Mean for Investors

Disney beats expectations, and its new CEO isn't pulling any punches.

Bob Iger Isn't Wasting Any Time in Turning Disney Around

Disney Gets Warm Reception From Wall Street Analysts

Efficiency themes have been winning the day on Wall Street, and Walt Disney Co. Chief Executive Bob Iger is garnering praise for bringing more discipline to the media giant.

Disney is undergoing a ‘drastic evolution' in streaming, and more changes could be afoot

On the face of it, Walt Disney Co. (NYSE: DIS) earnings were OK.

Disney Falters

Disney boss Bob Iger dismissed rumours that the group could sell sports channel ESPN as part of a large-scale reshuffle. ESPN will become one of three core segments of The Walt Disney Company (NYSE:DIS), alongside an entertainment division and a parks, experiences and products wing, but will not be sold, he told investors on a first-quarter earnings call.

Disney boss shuts down ESPN sale rumours

The headline numbers for Disney (DIS) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Disney (DIS) Q1 Earnings: A Look at Key Metrics

The Walt Disney Company (NYSE:DIS) has announced plans to cut 7,000 jobs in a significant restructuring effort for the entertainment company. The move aims to save $5.5 billion and make its Disney+ streaming service financially sustainable, following the service's first decrease in subscribers since its launch in 2019.

Disney to cut 7,000 jobs as subscriber numbers for streaming platform drop

“While this is necessary to address the challenges we're facing today, I do not make this decision lightly,” CEO Bob Iger said.

Disney Will Cut 7,000 Jobs In Effort To Save $5.5 Billion In Costs

Less than three months into his second stint as CEO, and Disney's Bob Iger has unveiled his first sequel. This, as the returning executive told investors Wednesday (Feb. 8) that he was embarking on a third corporate revamp, no less disruptive than the creative control era he oversaw in the early 2000s with the acquisition of Pixar, Marvel and Lucas Films, or the shift-to-digital years he marshaled that culminated in the launch of Disney+ three years ago.

Disney's Iger Unveils 3rd Transformation, Says Streaming Economics No. 1 Priority

Walt Disney Co. Chief Executive Bob Iger returned to the earnings stage Wednesday and delivered a big beat, largely thanks to improving financial results at Disney's theme parks, but Disney+ subscribers declined more than expected.

Disney stock jumps as Iger plans 7,000 job cuts in return to earnings stage

The Walt Disney Company (NYSE:DIS ) Q1 2023 Earnings Conference Call February 8, 2023 4:30 PM ET Company Participants Alexia Quadrani - Senior Vice President, Investor Relations Bob Iger - Chief Executive Officer Christine McCarthy - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - BofA Securities Ben Swinburne - Morgan Stanley Michael Nathanson - SVB MoffettNathanson Philip Cusick - JPMorgan Doug Mitchelson - Credit Suisse Steven Cahall - Wells Fargo Operator Good day and welcome to The Walt Disney Company's First Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please note today's event is being recorded.

The Walt Disney Company (DIS) Q1 2023 Earnings Call Transcript

It's an auspicious return for CEO Bob Iger, who took back the helm at Disney in November of last year.

Disney (DIS) Beats in Fiscal Q1; MGM Beats, WYNN Mixed

CEO Robert Iger gets back to the company's roots, lessens focus on streaming and might quell activist Nelson Peltz's case.

Disney's Shake-Up Resets the Stage

Drops 2.4 million in fourth quarter, more than analysts had projected. But Bob Iger explained during the earnings call that subscribers in the U.S. and Canada were up slightly.

Disney Earnings: Why Disney+ Suffered First-Ever Decline In Subscribers

Walt Disney Co (NYSE: DIS) is trading up in extended hours even though subscriber count at its flagship streaming service dropped more than expected in its fiscal first quarter.

Disney Q1 earnings report: ‘this stock is unmatched anywhere else'

The entertainment giant is tightening its workforce by about 3%.

Disney Layoffs Will Cut 7,000 Jobs

Disney CEO Bob Iger reaffirmed the company's longstanding guidance to investors that its streaming business will become profitable by the end of fiscal 2024. Speaking on the company's quarterly earnings call, Iger called streaming “my No.

Disney Reaffirms Outlook For Streaming Profitability By 2024; CEO Bob Iger Calls The Business “My No. 1 Priority” But Vows Not To “Abandon” Movie Theaters Or Linear TV

Major U.S. companies laid off more than 81,000 employees in January.

2023 Layoffs: Disney To Cut 7,000

Bob Iger said today that ESPN is not for sale, although that possibility was explored by the previous regime.

Bob Iger Says ESPN Not For Sale

Disney (NYSE: DIS ) stock is up 6% in after-hours trading Wednesday after the company confirmed it would lay off 7,000 workers. The Disney layoffs come as part of a restructuring plan CEO Bob Iger presented alongside the company's fiscal first-quarter results.

Disney Layoffs 2023: What to Know About the Latest DIS Job Cuts

Bob Iger is back as Disney's CEO, replacing protege Bob Chapek after a brief, rocky tenure. Here's how the stunning ouster came about and what's next.

Inside the Disney drama as CEO Bob Iger announces massive layoffs and a reorg that dismantles the structure under predecessor Bob Chapek

Members fled most in India, but the US and Canada lost accounts too.

News for Disney Stock (DIS)