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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Petitioners are pressing Disney to delay the July 11 reopening of its Orlando, Florida-based Walt Disney World, citing recent spikes in COVID-19 cases in the state.

Disney faces pushback on Walt Disney World reopening

The fourth article in a series about The Walt Disney Company

Disney Valuation, Part 4: Live Media and ESPN+

As the number of coronavirus cases surge in Florida, more than 7,000 people have signed an online petition urging Disney and government officials to reconsidering the opening of Disney World next month.

Walt Disney World employees petition to delay reopening as coronavirus cases surge in Florida

Consumers are signing up for Disney+ and Hulu but not ESPN+.

Disney's Streaming Bundle Isn't as Popular as Expected

More than 7,000 people are urging Disney and government officials to reconsider opening Disney World next month as coronavirus cases surge in Florida.

Disney World workers petition to delay reopening as Florida coronavirus cases surge

A confluence of factors makes now the time for Disney and ESPN to migrate sports broadcasting into the direct-to-consumer streaming world, according to a veteran media analyst. Ben Swinburne of Morgan Stanley wrote in a note to clients Wednesday that Disney, thanks to the scale of ABC and ESPN and its early streaming success with

Disney And ESPN “Uniquely Positioned” To Move Sports Fully Into Streaming – Analyst

Tokyo Disneyland has become the last of Disney’s theme parks to announce plans to reopen, but the expected return of visitors to all company sites by mid-July comes amid a rise in COVID-19 infections, especially in Florida. Officials at Tokyo Disneyland said Monday the park will reopen on July 1, joining the company’s venues in

Disney Sets Final Piece Of Parks Reopening Plan But Uncertainty Looms In Florida And California

American Airlines

General Electric

NVIDIA

General Electric, American Airlines, Disney and Nvidia were our top stock trades for Wednesday. So, here's what the charts look like now.

4 Top Stock Trades for Wednesday: NVDA, DIS, GE, AAL

Apple

Apple will end its reliance on Intel chips over the next two years, and Disney brings its streaming service to additional countries.

Dow Jones Surges as Apple Ditches Intel, Disney Brings Disney+ to New Markets

Amazon

These two stocks will fulfill your desire for returns if you ride them for the long term.

Have $2,000? Buy These 2 Stocks Right Now and Hold Them Forever

Masks will not be required at the non-Disney owned resort in Japan during certain summertime conditions.

Tokyo Disney Will Reopen With an Interesting Mask Requirement Next Week

Unions representing Disneyland workers are pushing back on plans to reopen the theme park next month as cases of coronavirus surge across the country.

Disneyland unions push back against reopening amid pandemic

Walt Disney Co said on Tuesday it would launch Disney+ in eight more countries in Europe, as millions of people stuck at home due to coronavirus-induced restrictions turn to streaming services for entertainment.

Disney+ to debut in eight more countries in Europe

Broadcom

Comcast

Omnicom Group

Oracle

Texas Instruments

With the market rising back, and with volatility coming with some frequency during the past week, this is an excellent time to look at things we should have done.

I Wish I'd Bought (More Of) These Communications/IT Companies

Strong streaming subscriber growth and signs of recovery in the theme parks point to a revenue bounce. But debt load and lower cash flows may limit the company's earnings growth.

Disney's Balance Sheet Contains a Hidden Message About Its Long Term Investing Viability

Workers at Disney World are petitioning to keep the park closed while union leaders at Disneyland are asking to delay its reopening.

Disney Workers: Please Don’t Reopen U.S. Theme Parks

Global media and entertainment giant Walt Disney Co (NYSE: DIS) is among the most hotly debated stocks on Wall Street. Some investors are concerned that demand for its parks won’t return for months, if not years due to the COVID-19 pandemic.

Pent up demand for Disney parks ’will be there,’ ex-Imagineer says

Delivering the second part of its bookended presentations to advertisers, Disney on Monday made its case for Hulu as “the most valuable streaming TV partner to today’s biggest brands.” The established streaming service, which Disney took full control of last year, laid out several new offerings for advertisers, including new format and measurement tools and

Hulu Rolls Out New Ad Format And Measurement Tools, Unified Disney Platform In Virtual NewFronts Pitch

Hulu is unveiling a new ad unit today, which it’s calling GatewayGo. The idea is to give viewers a way to directly interact with the advertisers and receive personalized offers.

Hulu announces a new offer-focused ad format called GatewayGo

If you think Disney's theme parks have been mothballed since they closed their doors to prevent the spread of the coronavirus then think again.

The Logistics Keeping Disney's Imagineering On Track During The Lockdown

Disney made announcements about most of its other theme parks, and now it's opening its European park.

Disneyland Paris Opening July 15

The House of Mouse sees no reason to attract subscribers through free trials anymore.

Disney Has Ended Free Trials for Disney+ and ESPN+

Disneyland Paris, closed since mid-March due to the coronavirus pandemic, will reopen in three weeks.

Disneyland Paris to reopen July 15

Demand is high for the world's largest theme park operator's summertime opening, and once again Disney's tech can't keep up with the requests.

Disney World's New Reservations System Off to a Rough Start

Disneyland Paris has set a phased re-opening of the resort beginning on July 15. Returning to operations will be the Disneyland Park, Walt Disney Studios Park, Disney’s Newport Bay Club Hotel and Disney Village, all in line with guidance from French government and health authorities. The news comes as coronavirus restrictions continue to ease in

News for Disney Stock (DIS)