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.

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

McCarthy specifically mentioned three projects that Disney saw as priority: Star Wars: Galactic Starcruiser at the Walt Disney World Resort, and Avengers Campus and Mickey and Minnie’s Runaway Railway at the Disneyland Resort.

Disney’s Priority Projects Right Now Include New Rides And A New Hotel

The Walt Disney Company (DIS) Management Presents at Bank of America Virtual Media, Communications & Entertainment Conference (Transcript)

Netflix

Netflix Inc (NASDAQ: NFLX) co-CEO and co-founder Reed Hastings was interviewed by CNBC’s Andrew Ross Sorkin this week and shared his thoughts on the streaming video platform and its competitors.

What Netflix CEO Reed Hastings Thinks About Disney+

Disney CFO Christine McCarthy addressed the controversy over Mulan, which critics accuse of indirectly favoring the oppression of Uighur Muslims in China, noting the uproar has created “a lot of issues.” Authorities in the Xinjiang province, an area where Uighurs have been detained in mass internment camps, authorized filming in the region and a government

‘Mulan’: Disney CFO Christine McCarthy Concedes China Uproar “Has Generated A Lot Of Issues For Us”

Walt Disney Co expects to have reopened "a little over 50%" of its hotels and resorts by the end of the fiscal year, according to Chief Financial Officer Christine McCarthy, who spoke via online video to the Bank of America Virtual 2020 Media, Communications & Entertainment Conference on Thursday.

Disney expects to reopen a little over 50% of its hotels by end of fiscal year

Amazon

Home Depot

JPMorgan Chase & Co

Microsoft

Starbucks

Walmart

These long-term stocks to buy can boost your portfolio and deliver returns in both good and bad markets. Don't miss out.

7 Strong Long-Term Stocks to Buy and Hold

The backlash around Disney’s “Mulan” is escalating, with a US senator accusing the Mouse House of “whitewashing genocide” as it cooperated with the Chinese government to get the movie made. As the film nears its theatrical debut in China on Friday, critics have pointed to a line in the movie’s credits that thanks the Xinjiang authorities,.

Sen. Josh Hawley blasts Disney’s ‘Mulan’ for ‘whitewashing genocide’ in China

No reason was given, but sources told Reuters they believed it was because of the overseas backlash over the film's links to Xinjiang.

China bars media coverage of Disney's 'Mulan' after Xinjiang backlash

To take advantage of a boom it’s seeing in mobile traffic, ABC News has decided to launch three new digital video brands ahead of the November election.

ABC News’ Mobile Traffic Is Exploding. So It’s Launching Three New Digital Video Brands Ahead Of November

Walt Disney Company (DIS) Presents at Citi's 2020 Global Technology Virtual Broker Conference Call - (Transcript)

Settling on the release pattern for Mulan was “not an easy decision,” Disney CFO Christine McCarthy freely acknowledges. “There were so many factors at play here.” Ultimately, the $200 million tentpole was released on September 4 as a “premier access” title costing $30 to subscribers to Disney+, with some select theatrical engagements in parts of

‘Mulan’ Streaming Release Was Shaped By Consumer Sentiment On Movie Theaters, Disney CFO Christine McCarthy Says

Charter Communications

Comcast

DISH Network

Twenty-First Century Fox

Nintendo

ViacomCBS

Vivendi SE

With Comcast leading the pack, these are the 10 biggest entertainment companies by 12-month trailing revenue.

10 Biggest Entertainment Companies

By announcing prematurely that 'Mulan' would be available for free in December, Disney might have enticed many Disney+ subscribers to wait rather than rent now. A strategic blunder.

Disney May Have Blundered By Prematurely Announcing That ‘Mulan’ Is Free In December

The world's largest theme park resort is canceling some popular holiday events until 2021.

Disney World Kills Christmas Traditions, Births New Ones

AT&T

It's not been easy to see, but the key reasons consumers stick with cable aren't exactly exclusive to cable anymore.

Yes, Streaming TV Really Can (Eventually) Replace Cable

Coppersteel Holdco Inc

SeaWorld Entertainment

Six Flags

Gabelli Funds Commentary- Riding Out the Pandemic: Can Theme Parks Still Bring the Magic?

Walt Disney Co (NYSE: DIS) shares were trading higher on Tuesday despite pushback against the shooting locale for some scenes in the company’s new live action remake of “Mulan.

What Disney Investors Need To Know About #BoycottMulan

On a downbeat day for most stocks, Disney shares have posted solid gains after a resoundingly positive verdict on the company’s streaming progress by an analyst at a major Wall Street firm. The stock was up 3% in mid-day trading, at around $136 a share, on track for its highest closing price since February 21.

Disney Stock Returns To February Levels As Streaming Prompts Analyst Upgrade

LAKE BUENA VISTA, Fla., Sept. 8, 2020 /PRNewswire/ -- A reimagined holiday celebration will begin Nov.

Walt Disney World Resort Reimagines Holiday Traditions in 2020

Disney has publicly thanked a Chinese government agency accused of human rights abuses in Xinjiang for its help in making "Mulan" — a revelation that has provoked a storm of criticism online.

Disney heavily criticized after thanking Xinjiang authorities in 'Mulan' credits

Over the holiday weekend, the new Disney remake of the animated film “Mulan” sparked controversy for expressing gratitude to Chinese authorities in a locales where some of movie was filmed.

No Thanks China? Why Disney’s Mulan Remake Has Sparked Calls For Boycott

Disney is facing backlash after the final credits for its latest film "Mulan" thanked government entities in Xinjiang, the site of alleged human rights abuses.

Disney under fire for thanking Chinese groups linked to detention camps in 'Mulan' credits

The entertainment king's paid straight-to-streaming venture is proving to be a successful experiment.

Disney+ Downloads Surge 68% After 'Mulan' Release

Disney (DIS) benefits from Mulan's release on the Disney+ streaming app, which results in an increase in app download as well as consumer spending over the first three days.

Disney's (DIS) Disney+ App Downloads Spike on Mulan's Arrival

Disney’s live-action remake of “Mulan” skipped theaters to instead stream on Disney+ over the weekend, for the added fee of $30. According to early data, the launch helped grow Disney+ mobile installs by 68%, compared with one week prior.

News for Disney Stock (DIS)