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

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Earnings data Q1 2022

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Earnings data Q1 2024

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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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders will vote yes or no at Wednesday's board meeting.

Disney shareholders to decide Nelson Peltz's board fate at annual meeting

Elon Musk is backing Nelson Peltz in the proxy battle for the future of Disney.

Elon Musk Backs Nelson Peltz In Disney Proxy Fight After Polls Close

Walt Disney Co has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz's hedge fund Trian Fund Management, people familiar with the matter said on Tuesday.

Exclusive: Disney prevails over Trian in board fight

The minutes are ticking down to the close of Disney's bitter proxy fight with Nelson Peltz, whose attempt to scale the board is a direct challenge to CEO Bob Iger.

As Disney Proxy Fight Nears End, Succession Saga Will Keep Heat On Bob Iger Regardless Of Shareholder Vote Tally

The entertainment giant's past handling of Iger's succession is a key criticism that Trian Partners has raised in pushing for board seats.

Disney Vote Is a Referendum on Bob Iger's Many CEO Contract Extensions

Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before the company's annual meeting on Wednesday.

Disney edges ahead in the battle for board seats. Things could still change

Vanguard has voted for Disney management ahead of Wednesday's shareholder meeting, Bloomberg News reported citing people familiar.

Disney's largest shareholder Vanguard reportedly backing management over Peltz in board fight

Nelson Peltz's proxy fight with Disney may hinge on three major investors. BlackRock, Vanguard, and State Street voted against Peltz's firm Trian Partners in a 2015 proxy battle.

Nelson Peltz's Disney proxy fight may hinge on the same investors who doomed his DuPont battle nearly a decade ago

Disney shareholders will vote for the company's board at its annual meeting on Wednesday. The vote will bring to an end a long proxy fight between CEO Bob Iger and Trian's Nelson Peltz.

Disney's fight with Nelson Peltz will come to a head tomorrow. Here's where things stand.

The Disney annual stockholders meeting is coming up, with board seats at stake.

Here's What's at Stake in Disney's Proxy Battle With Nelson Peltz

With Walt Disney Co (NYSE:DIS, ETR:WDP)'s annual shareholder meeting now just one day away, the entertainment company has reportedly taken the lead in its proxy battle with activist investor Nelson Peltz. According to a report from The Wall Street Journal citing anonymous sources, Disney's nominated directors have pulled ahead with more than half of the votes already in.

Disney reportedly ahead of Peltz in proxy fight with more than half the votes cast

With the votes of more than half of all shares counted, Disney has pulled ahead of Trian thanks to the backing of BlackRock and T. Rowe.

Disney pulling ahead of Nelson Peltz's Trian in fierce battle for board seats: report

T The grouse within the Mouse House will come to a head on Wednesday. After months of contention stirred by Disney activist shareholder Nelson Peltz within the media and behind closed doors over the direction of the company, Disney holds its annual shareholder meeting at 11 a.m.

5 Things To Know Before Disney's Shareholder Meeting

We'll soon find out who comes out on top in Walt Disney Co.'s proxy battle with activist investors, but one winner may be apparent before the votes are even counted.

Disney's board showdown is coming to a head, but one winner is already clear

State Street

Blackrock Inc

The Disney proxy fight pits Trian Partners' Nelson Peltz against the board and CEO Bob Iger.

Disney board seat for Nelson Peltz hinges on Vanguard, State Street, institutional investors

Disney stock has been rising — up 33% this year — under the second leadership term of CEO Bob Iger.

Disney Stock Up 34% As Trian Proxy Vote Threatens Bob Iger's Turnaround

Norges Bank Investment Management, one of Walt Disney's biggest investors, said on Tuesday that it voted to re-elect the entertainment giant's directors, dealing a blow to the hedge funds pushing for seats on Disney's board.

Norges Bank Investment Management backs Disney in board room fight with hedge funds

Other than "Avatar: The Way of Water," Disney has not had a movie generate more than $1 billion since the last Star Wars movies in 2019.

Disney's cinematic drought may have opened a door for activist investor Peltz

With more than half the votes counted, Peltz's nominations for Disney's board are losing, The Wall Street Journal reported.

Disney Is Winning the Proxy Fight Against Nelson Peltz

BofA analysts see Disney stock rising about 20% on the strength of the parks business. However, other parts of the business remain works in progress.

1 Wall Street Analyst Thinks Disney Stock Is Going to $145. Is It a Buy Around $121?

Disney may have nudged Nelson Peltz farther from its board as giant BlackRock is said to be backing the company's slate of directors. The firm is Disney's second-largest shareholder at about 4.2%. The news, first reported in the Wall Street Journal, followed T. Rowe Price, an 0.

Disney Said To Be Edging Past Nelson Peltz In Proxy Fight Ahead Of Annual Meeting

This week, the expensive, high-profile battle over board seats for a resurgent Walt Disney comes to a close with a Wednesday vote at the annual shareholders meeting. But in many ways, the importance of the vote's outcome has shrunk rapidly as the company's share price jumped by half and multiple management initiatives undercut the argument for change.

Can Iger Pivot Disney To Future Fast Enough To Fend Off Challengers?

Disney edges ahead in battle for board seats with activist investors

The entertainment giant and activist investors are jostling for shareholder votes as Disney's annual meeting approaches.

The Battle Lines in the War Over Disney's Board

BlackRock and T. Rowe Price are among the major investors backing Disney; voting continues through April 3 meeting.

News for Disney Stock (DIS)