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

Earnings data Q2 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

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

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.

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

The day after Walt Disney Co. vanquished an activist investor challenge to its board, an emboldened company chief executive Bob Iger dismissed the ability of the actions of Elon Musk to sway shareholders.

Elon Musk's comments ‘have no relevance to the Walt Disney Company', Iger says

Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company's board.

Disney's boardroom battle is over. Shareholders reject activist investor

Disney CEO Bob Iger called Nelson Peltz's proxy battle with the company a "distraction" and said the company's board is focused on succession planning.

Disney's Iger says Peltz proxy battle was a 'distraction,' board is focused on picking his successor

Iger also said there was a need for some consolidation in the streaming industry and Disney was eventually looking at double-digit margins in streaming, in a wide-ranging interview with CNBC.

Disney to crack down on password-sharing after CEO Bob Iger wins board fight

The CEO rolled out of a string of initiatives that helped inoculate the company against the activist's attack.

How Disney's Bob Iger Vanquished Wall Street Agitator Nelson Peltz

Bob Iger took a victory lap this morning, a day after the company fended off activist investor Nelson Peltz in a fierce proxy battle. In an interview on CNBC, he said the fight had one positive, getting the company in closer tough with investors as it lobbied for its board slate.

Bob Iger On Succession, Nelson Peltz, Elon Musk & “Woke” Content Day After Disney Wins Proxy Battle

Disney (DIS) shares edged higher in early trading Thursday as investors contemplate what lies ahead for the entertainment conglomerate a day after it successfully fended off activist investors' bids to win board seats and gain greater influence over the company's corporate governance.

What's Next for Disney Stock After Proxy Vote Win—Monitor this Key Chart Level

Walt Disney's streaming service will start cracking down on password-sharing from June, Chief Executive Bob Iger said on Thursday, as the entertainment conglomerate looks to boost subscriber growth and profitability at the business.

Disney to start cracking down on password-sharing from June, CEO Iger says

The Walt Disney Company embarks on recovery with strategic initiatives under CEO Bob Iger, aiming for streaming profitability. Despite competition, Disney moves toward profitability in streaming, offsetting subscriber plateau with cost-saving measures. Disney affirms its ability to return shareholder value by reinstating dividends and announcing a $3 billion buyback program.

Disney's Daring Comeback

Alphabet

American Express

Don't feel the need to jump into the crowded technology plays just because you're worried about being left behind, as most others around you cash in on high-tech themes such as generative artificial intelligence or augmented reality. There are more than one or two ways to make money in the market, after all!

The 3 Best Blue-Chip Stocks to Buy in Q2 2024

DIS stock has risen approximately 50% over the past six months but dropped 3.1% after a series of proxy votes. Activist firms, including Trian Partners and Blackwells Capital, challenged Disney's management but were ultimately defeated. Walt Disney's management has made changes and improvements, leading to growth in revenue, cash flows, and reduction in debt.

Disney Emerges Victorious From Proxy Fight And Can Return To Focusing On Continued Value Creation

Walt Disney Co. (NYSE: DIS) may have won its proxy fight against raider Nelson Peltz.

Disney Shares Crushed by S&P 500

Trian Partners lost its bid for board seats, but profited on its investment.

Nelson Peltz's Disney Consolation Prize: A $300 Million Gain

Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners' Nelson Peltz.

Disney beat back activist investor Nelson Peltz. Now the real work begins

Walt Disney Co (NYSE:DIS, ETR:WDP) has successfully rebuffed a challenge from activist investor Nelson Peltz, affirming CEO Bob Iger's leadership. In a shareholder vote, Disney's nominees were backed by a "substantial margin", with large investors such as Vanguard and BlackRock supporting the entertainment giant.

Walt Disney's Bob Iger comfortably survives Nelson Peltz challenge

Magnite

Magnite is recommended as a buy, with potential for growth in line with the industry and a positive impact from the Disney deal. Concerns about the Disney deal are overblown, as MGNI will still play a crucial role in powering the technology and receiving recurring fees. The Company has multiple growth drivers, including live-streamed sports and Amazon's ad tier expansion, which should fuel future growth.

Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds

Disney CEO Bob Iger leads the company to a successful proxy battle win, with all directors elected or re-elected to the board. Shareholders demand a long-term vision and a "pot of gold" in the future from management. Activist investor Nelson Peltz (and his group) and others attempting to gain control of Disney's board did not succeed due to a lack of a comprehensive future vision.

Disney: The Mouse House Runs Up The Score

Billionaire investor Nelson Peltz lost but he also won.

Peltz loses at Disney but his investors win; changes may still be ahead

Disney CEO Bob Iger on Wednesday said the company will make the ESPN streaming service it plans to launch in 2025 available through Disney+ for viewers willing to bundle their subscriptions and said the new service will include fantasy sports, e-commerce and other features.

ESPN's New Standalone Streaming Service Will Be Available Through Disney+ In 2025

Disney's (DIS) annual shareholder meeting on Wednesday brought a victory for the company's board nominees including CEO Bob Iger after a months-long proxy battle with activist investors and offered key details on the entertainment giant's streaming strategy and parks segment.

Key Takeaways From Disney's Shareholder Meeting

Investors support company's slate of board nominees; Peltz loses bid to become a director in win for the Disney CEO.

Disney, Bob Iger Defeat Activist Nelson Peltz in Shareholder Vote

Bob Iger seems to have convinced investors that he's really turning Disney around. But he won't get a final grade until he does the one thing he's been very bad at — finding a successor.

Bob Iger has one really, really important thing left to do.

Walt Disney Co. CEO Bob Iger touted as a “win-win” the recent settlement of litigation with the Ron DeSantis-appointed special district board that oversees the company's Florida theme park properties.

Bob Iger Touts Florida Lawsuit Settlement At Disney Annual Meeting, Talks Of Future Investment In The State

Walt Disney Co (NYSE: DIS) just secured victory against Nelson Peltz. Its shares are still in the red at writing.

Disney just secured victory in its proxy battle against Nelson Peltz

Scoring a big and costly win this morning against Nelson Peltz's second attempt to get on the Disney board, Bob Iger was both gracious and a little biting in victory.

News for Disney Stock (DIS)