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

Media Networks

Studio Entertainment

DTC & International

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 Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 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

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.

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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

Total liabilities

Current liabilities

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Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

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Net debt

Book value per share

Cash from operations

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Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Other sources

Cash from financing

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

While speaking at a conference, CEO Bob Iger on Wednesday identified investing in technology as a measure that will help the Walt Disney Company make streaming a money-maker.

Disney's Bob Iger: tech is the key to streaming profitability

Iger said linear channels such as ABC still serve as an important marketing tool and reach older viewers who are not watching series such as "Abbott Elementary" on Disney's streaming platforms.

Disney CEO Bob Iger to cut spending ‘pretty dramatically' on traditional TV programming

The Walt Disney Company (NYSE:DIS ) MoffettNathanson's Media, Internet & Communications Conference May 15, 2024 9:00 AM ET Company Participants Bob Iger - CEO Conference Call Participants Michael Nathanson - MoffettNathanson Operator Certain statements in this discussion may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations, plans or beliefs, strategy or focus, guidance, priorities, plans or opportunities, including for expansion, growth, strategic initiatives, relationships, acquisitions, or dispositions and content right, and potential impact on future performance, potential future growth or performance, including future DTC profitability and drivers, future capital or content expenditures, trends, drivers of demand, efficiencies, goals, product or service offerings, including nature, timing and pricing, consumer and advertiser sentiment, behavior or demand, value of our intellectual property, and content offerings, impact of organizational structure and leadership positions and other statements that are not historical in nature. Any information that is not historical in nature is subject to change.

The Walt Disney Company (DIS) Presents at MoffettNathanson's Media, Internet & Communications Conference (Transcript)

Disney (DIS) shares fell over 2% in intraday trading Wednesday after CEO Bob Iger said the company "invested too much" in streaming and is making changes to tackle profitability challenges in its streaming business as it struggles to compete with Netflix (NFLX).

Disney CEO Bob Iger Says 'We Invested Too Much' in Streaming

Dell Technologies

The S&P 500 Information Technology Sector index was up 2% at 3:15 p.m. ET Wednesday, while the broader S&P 500 was 1% higher and the tech-heavy Nasdaq advanced by nearly 1.3%.

Tech Stocks on the Move Today: Walt Disney, Dell, and More

Walt Disney will cut its investment in programming for traditional television networks pretty dramatically as the company navigates the consumer shift to streaming, Chief Executive Bob Iger said on Wednesday.

Disney to dramatically cut spending for traditional TV networks

Netflix

Warner Bros Discovery Inc

Media and entertainment giant Warner Bros. Discovery Inc. NASDAQ: WBD shares initially tanked to $7.50 on its Q1 2024 earnings results.

Can a Warner Bros. Discovery and Disney Bundle Fend Off Netflix?

Comcast

Sony

It's hard to be a value investor in the media scene these days, with many of the top content creators now facing significant headwinds as they look to keep investing in their streaming futures. Undoubtedly, not every media company can become a Netflix (NASDAQ: NFLX ).

Media Meltdown Miracles: 3 Beaten-Down Stocks Ready to Rebound

NIKE

Tesla

Investors who buy and hold reliable companies can be rewarded immensely for staying strong during volatility. Even the best stocks endure corrections and points when many doubt long-term prospects.

3 Stocks to Sell in May Before They Crash & Burn

ConocoPhillips

Warren Buffett might be the greatest investor of all time, but he's not immune from making mistakes. This was on full display at the recent Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) annual meeting, where Buffett disclosed that he had sold the company's entire stake in Paramount Global (NASDAQ: PARA ) at a substantial loss.

Warren Buffet's Blunders: 3 Investments Even the Oracle Regrets

The Walt Disney Company, once again, stumbled again. I think investors may look back and say, we wish that Nelson Peltz had gotten those board seats and pushed Iger out.

Disney Stock Is Tanking

Airbnb

Celsius Holdings

Shopify

Toast

Trade Desk

Relatively strong earnings results from Shopify and Roblox were overshadowed by questions about the outlook for the rest of the year and whether consumers will keep up the online shopping and in-game spending.

Shopify, Roblox, and Other Reports Investors Are Interested In

We also check out the 60/40 portfolio, and if it still holds up in 2024.

How Is Disney Doing?

Look into ETFs, as Disney's shares experienced a decline, following the announcement of second-quarter results, which surpassed expectations.

Focus on Disney ETFs Post Q2 Earnings

Disney's (DIS) Kingdom of the Planet of the Apes dominates the box office, collecting a staggering $129 million globally on its opening weekend.

Disney's (DIS) New Film Rules the Box Office With $129M Opening

Disney shares hit a three-month low after a disappointing financial report last week, but it's still beating the market in 2024. The debut of "Kingdom of the Planet of the Apes" over the weekend gives Disney its first theatrical win this year.

3 Reasons Disney Stock Can Stay Hot This Summer

Paramount Global

Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.

Media companies look to woo advertisers as spending shifts to digital

LOS ANGELES — “Kingdom of the Planet of the Apes” reigned over the weekend box office with a $56.5 million North American opening, according to studio estimates Sunday, giving a needed surge to an uncertain season in theaters.

Strong start for ‘Kingdom of the Planet of the Apes,' as ‘Fall Guy' fades

Walmart

Disney and Walmart will combine their data to make advertising more effective. The entire industry is trying to connect sales data with marketing data.

How a Surprising Partnership Between Disney and Walmart Highlights the Future of Digital Advertising

The company's streaming business is improving but its profits are miniscule. Disney's top line is barely growing.

Why I'm Staying Away From Disney Stock Even After Selling Off

EyePoint Pharmaceuticals

Macerich

RXO Inc

Sensata Technologies Hld

Vestis Corp

The first full week of May did not bring more notable insider purchases from Warren Buffett.

Notable Insider Buying at Disney and More This Week

Pinterest

SoFi Technologies

Given the market headwinds, jazzing up your portfolio with growth stocks may be counterintuitive. The stock market is pausing after posting record gains in the first half of this year.

3 Growth Stocks Defying Today's Market Trends

Tyson Foods

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

The Score: Tyson Foods, Walt Disney, Shopify and More Stocks That Defined the Week

Disney (DIS) and Warner Bros. Discovery (WBD) teamed up this week to launch a new streaming bundle, the latest move by the legacy media giants to compete in the Netflix (NFLX)-dominated streaming space.

Netflix Has Nothing To Fear From New Disney+, Hulu, and Max Bundle, Analysts Say

Disney posted a mixed set of Q2 FY'24 results, with revenue growing just about 1% year-over-year to $22.08 billion, falling slightly short of estimates, although earnings were better than anticipated at $1.21 per share as the losses from the streaming business narrowed. However, Disney stock dropped by close to 10% in Tuesday's trading, as the third-quarter outlook for its experiences segment was weaker than expected.

News for Disney Stock (DIS)