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

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

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Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Comcast

SeaWorld Entertainment

Disney World, Universal Orlando, and SeaWorld deal with the negative impacts of the pandemic-related setback.

How Many Years Did COVID-19 Set the Theme Park Industry Back?

In an announcement on Wednesday, the Walt Disney Company (NYSE: DIS) said it will slash its workforce by 32 thousand jobs as the ongoing COVID-19 crisis continues to wreak havoc on its business. The company said the lay off will primarily affect workers at its theme parks where foot traffic is at an all-time low this year.

Disney says it will cut 32 thousand jobs in the first half of fiscal 2021

Disney is cutting more staff in its theme parks and cruise ship segment, which is running at a loss due to COVID-19 impacts.

Disney (DIS) Raises Planned Layoffs to 32,000

In September, Walt Disney Co (NYSE: DIS) announced plans to layoff roughly 28,000 employees , and this morning that number got a little bit bigger.

Disney Stock Dips as Park Layoffs Increase

Netflix

The industry's pre-pandemic powerhouses have held their value by offering consumers much-needed distraction while waiting for COVID-19 to pass.

The 3 Largest Entertainment Stocks in 2020

The Walt Disney Company (NYSE: DIS) announced it will cut 32,000 workers, up from an estimate of 28,000 made earlier this year.

Watch For Disney CEO Chapek To Make Millions Of Dollars, As Thousands Are Fired

The pandemic has forced Disney's theme parks to either remain completely shut or operate with limited visitors, causing a severe loss in revenue.

Disney Will Lay Off 32,000 Workers As Theme Parks Face Restrictions Due To Covid-19

In September, the company said it would lay off 28,000 people -- but that number jumped by 4,000 on Wednesday.

Disney to lay off 32,000 workers, mostly from theme parks

The layoffs will be in the first half of 2021, the company said in a filing with the Securities and Exchange Commission.

Disney To Lay Off 32,000 Workers As Coronavirus Pandemic Hits Theme Parks

Walt Disney Co. is laying off 32,000 employees, about 4,000 more than previously announced, as the coronavirus pandemic continues to hammer its parks and resorts business.

Disney is laying off 32,000 employees

Disney is laying off 32,000 people who work for the company in the first half of 2020. In a filing this week with the US Securities and Exchange Commission, The Walt Disney Company said it would be terminating the employment of "approximately 32,000 employees," primarily at its parks, Variety reported on Wednesday. The number includes Disney Parks' September announcement that 28,000 employees — many of whom were part-time employees — would be laid off, Variety confirmed.

Disney plans to lay off 32,000 workers in the first half of 2021

Walt Disney Co said on Wednesday it would layoff 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September as the company struggles with limited customers due to the coronavirus pandemic.

Disney to layoff about 32,000 workers in first half of 2021

The majority of these layoffs will be from its parks, experiences and products division and include the 28,000 workers that the company previously announced.

Disney increases layoffs to 32,000 workers as coronavirus batters its theme park business

Walt Disney said Wednesday a total of 32,000 employees, mainly in its Parks, Experiences and Resorts division, will be terminated in the first half of its fiscal 2021 – meaning by March. The entertainment giant previously announced in September a 28,000 staff cut at parks, which have been shuttered by the pandemic and only reopened...

Walt Disney To Terminate 32,000 Positions, Mostly In Parks, By March

Disney shares cooled off after a hot start to the week, dipping about 1.6% today to close the trading session at $149.08. Even with the slight retreat, though, the stock has fully recovered to pre-Covid-19 levels in a remarkable comeback that has a chance of continuing through the holiday season. The eyes of Wall Street...

Disney Stock Cools Off But Has Now Fully Recovered To Pre-Covid-19 Levels

There are three great reasons to put new money into this iconic company right now.

Got $1,000? Here's Why You Should Buy Shares of Disney

American Express

Boeing

Chevron

SPDR Dow Jones Industrial Average ETF

Goldman Sachs

Wall Street seemed super-excited as the Dow Jones reached 30,000 for the first time in history on Nov 24.

Dow Hits 30K for First Time: 7 Stocks Driving the ETF Rally

The streaming service had a phenomenal first year, but a repeat may be difficult.

Will Disney+ Remain a Streaming Superstar?

Amazon

Starbucks

These stocks have the potential to reward investors who hold them for the long run.

3 Growth Stocks to Buy and Hold for the Next 50 Years

Walt Disney Co (NYSE: DIS) ended the last fiscal year with 73.7 million paid subscribers for its Disney+ streaming platform. Growth could continue with two upcoming catalysts.

2 Catalysts That Could Boost Disney+ Subscribers

Tesla

Abercrombie & Fitch

Best Buy

Burlington Stores

Tesla, Disney, Abercrombie & Fitch, Best Buy and Burlington were our top stock trades for Wednesday. So, let's look at the charts to see why.

5 Top Stock Trades for Wednesday: TSLA, DIS, ANF, BBY, BURL

Daniel Loeb argued in a recent activist letter that the time to go all in on streaming is now. We consider that argument and whether/where it distinguishes itself from Disney's ongoing strategy.

Picking One's Battles In The Streaming Wars (Podcast)

During its last reported quarter, The Walt Disney Co. (NYSE: DIS) lost $2.4 billion of its parks and experiences segment which saw revenue drop as dramatically as 61%, generating $2.6 billion. The segment includes its parks, cruise lines, resorts and merchandising, which were ‘perfectly' exposed the havoc brought on by COVID-19.

COVID-19 Could Make Disney Even Stronger

A brief look at the Q4 earnings shows that the company is holding up well financially even though the parks and studio division are having difficulties. The company has created a distribution structure that will determine how content is sold in the marketplace.

Disney's Streaming Unit And Content Command A Premium

Disney (DIS) reportedly is considering sending three new potential blockbuster films directly to its streaming service and not to theaters.

News for Disney Stock (DIS)