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 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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The Mouse House’s streaming service will become the third most-watched service in just a few more years.
Despite the rocky reception of the live-action Mulan, which has lead to boycotts for all kinds of reasons, the Mouse House’s Disney Plus viewership is expected to continue to surge over the coming years, according to a new report from research firm eMarketer.

What ‘Mulan’ boycott? Disney Plus viewers will surpass Hulu by 2024

The streaming service continues its plans to challenge Netflix's global dominance.

Disney Plus spreads to 8 more countries

The California Attractions and Parks Association released a statement on Monday urging California Governor Gavin Newsom to issue guidelines that would allow the reopening of amusement parks in the state. The trade organization represents Disneyland Resort, Universal Studios, Six Flags Magic Mountain, SeaWorld San Diego, Knott’s Berry Farm and Legoland California Resort. Executive director Erin

Disneyland, Universal Studios Urge California Governor Gavin Newsom To Let Them Reopen

Caesars Entertainment

"This is an enormous opportunity. I'd liken it to when states outside of Nevada and New Jersey started to legalize riverboat casinos in the '90s," Caesars Entertainment CEO Tom Reeg told CNBC.

'There's a lot of money to be made' — Caesars CEO still bullish about sports betting after ESPN deal

DraftKings

In the latest in a flurry of big events for sports gambling sites, DraftKings and Caesars announced Monday a deal with ESPN that will feature their content on the network's digital and TV platforms.

DraftKings and Caesars shares soar following ESPN deal

DraftKings stock broke out after the online sports betting company signed a deal with Disney's ESPN sports network.

Online Gambling Stock Surges Into Buy Range On ESPN-DraftKings Deal

Shares of DraftKings jumped after the company announced a partnership with ESPN.

DraftKings surges after announcing ESPN deal

Shares of DraftKings Inc. DKNG, +11.63% shot up 11.0% toward a record high in midday trading Monday, after the digital sports and gaming company announce an agreement to become the co-exclusive provider of fantasy sports content and offerings for Walt Disney Co.

DraftKings stock soars toward a record after content integration deal with ESPN

ESPN signed deals with Caesars Entertainment Inc (NASDAQ: CZR) and DraftKings Inc (NASDAQ: DKNG) to strengthen its position in the growing sports betting market.

ESPN Diversifies With Sports Betting Deals From DraftKings And Caesars

Agreement Names DraftKings as a Co-Exclusive Sportsbook Link-Out Provider and an Exclusive Daily Fantasy Sports Provider Agreement Names DraftKings as a Co-Exclusive Sportsbook Link-Out Provider and an Exclusive Daily Fantasy Sports Provider

DraftKings and ESPN Enter into Co-Exclusive Content Integration Agreement

BRISTOL, Conn. & LAS VEGAS & NEW YORK--(BUSINESS WIRE)--ESPN today announced that it has entered into two separate multi-year agreements with Caesars Entertainment, Inc.

ESPN Enters into Co-Exclusive Agreements with Caesars Entertainment and DraftKings

Shares of Disney (NYSE: DIS) moved slightly lower this week after the release of blockbuster live-action version of Mulan disappointed in China.  Fundamental analysis: Disappointing debut Mulan secured $23.2 million over the weekend at box offices in China, which is a pretty week opening for a big-budget film about a Chinese hero.

Is Disney Stock a “Buy” as blockbuster Mulan Debuts in China?

Walt Disney Co’s (NYSE: DIS) Mulan is struggling at the box office in China and managed to scour amid calls for a boycott and a string of poor reviews, CNBC reported Sunday.

Disney's 'Mulan' Underwhelms On Chinese Debut

Disney had high hopes that "Mulan" would thrive in China, but the live-action remake of the beloved animated film didn't make quite the splash that was expected.

'Mulan' brings in $23.2 million during lackluster opening weekend in China

"Mulan" was designed to be a blockbuster in China. But so far, the Disney film is off to a pretty anemic start at the Chinese box office.

'Mulan' has a lackluster box office debut in China

Central Florida theme park operators are bracing for a fall slowdown to follow this "lost summer."

Disney World and Rivals Shift Into Survival Mode

Comparable movies also didn't have to clear the hurdle of a subscription wall and assurance that the film would be free to watch in the near future.

Modest Interest in Walt Disney's Mulan Shows PVOD Pricing Limits

STORE Capital

One is a typical stock people buy for kids, but I bet you can't guess the other one.

2 Stocks I've Bought for My Kids -- and Why

A group of bipartisan U.S. lawmakers urged Walt Disney Co CEO Bob Chapek to explain the company's connection with "security and propaganda" authorities of China's Xinjiang region during the production of live-action war epic "Mulan".

U.S. lawmakers quiz Disney CEO over Xinjiang connection to 'Mulan'

Disney World, Disneyland, Tokyo Disney and Disneyland Paris plan to reopen in July.

Here's when Disney is reopening its global theme parks following COVID-19 closures

“Mulan” pulled in soft box office sales on its opening day in China — a market where Disney had banked on raking in the big bucks. The live-action remake of the 1998 animated classic amassed just over $8 million on Friday, according to Chinese online ticketing platform Maoyan.

Disney’s ‘Mulan’ off to slow box office start in China

'Mulan' came off as a movie explicitly targeted at Chinese moviegoers but better suited to the time in which it was greenlit (five years ago) than the moment of its release.

Box Office: Disney’s ‘Mulan’ Bombs In China With Poor $8M Friday

Boeing

Controversy over Disney's "Mulan" could derail the film in China, and Boeing disclosed a fourth manufacturing issue with the 787 Dreamliner.

Dow Jones Rises 200 Points as Disney's 'Mulan' Runs Into Trouble, Boeing Finds Another 787 Dreamliner Flaw

In normal times, the lodging business is a big money-spinner for the company.

Disney Aims to Reopen Over Half of Its Hotels by Next Year

AT&T

"Tenet" and "Mulan" were meant to represent a return to normal. However, neither film has quite embodied that hope.

News for Disney Stock (DIS)