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

Investors have been disappointed with Disney's ballooning streaming costs. Its flagship Disney+ service is still bringing in new subscribers.

This 1 Chart Shows Why Disney Still Has a Chance in the Streaming Wars

Blackwells Capital says that Mason Morfit's ValueAct has collected $95 million in fees to manage Disney pension funds prior to backing management.

Disney paid ValueAct millions in fees before winning its support in proxy fight, activist says

Blackwells Capital said on Monday Walt Disney failed to tell shareholders that ValueAct Capital Management had invested more than $350 million of the U.S. entertainment giant's pension fund assets, creating a conflict of interest.

Blackwells says Disney failed to disclose ValueAct's money management role

This company is undergoing a massive cost-cutting campaign that is boosting profitability.

1 Super Growth Stock Down 45% to Buy Now and Hold Forever

MoffettNathanson recenlty raised its near-term price target to $125 from $120. Analysts see more upside as Disney improves profitability in the streaming business.

Walt Disney Stock Has 13% Upside, According to 1 Wall Street Analyst

Disney shares were up 2% at mid-day Monday, extending their recent rally, as the company renewed its attacks on activist investor Nelson Peltz. In a video posted to VoteDisney.

Disney Shares Extend Recent Gains As Company Renews Attacks On Activist Investor Nelson Peltz

Disney (DIS) is seeking approval from local authorities to expand the California theme park offerings over the next four decades.

Disney (DIS) Plans Major Expansion for California Theme Park

Walt Disney responded on Monday to billionaire Nelson Peltz and his Trian Fund's campaign to win two board seats in a video that attacks the activist shareholder's motivations and qualifications.

Disney attacks investor Nelson Peltz's motivations, qualifications

Walt Disney Company stock has outperformed the S&P 500 since my previous update, as the Magic Kingdom has rediscovered its winning touch. Disney's ability to rationalize costs and focus on achieving streaming profitability has boosted investor confidence. The recent joint venture with Fox and Warner in sports streaming showcases Disney's ability to unlock growth opportunities from its existing world-class assets.

Disney: The Magic Kingdom Has Finally Unlocked Its Shackles

"A ton of us have or had second jobs just to survive," lead plaintiff Charlie Torres said. "I was working 48-plus hours a week in the mornings at Disney and delivering pizzas five nights a week for Pizza Hut.

Over 100 Calif. Disney workers sue over getting paid less than fast food workers

Goldman Sachs

Home Depot

Analysts are increasingly optimistic about the future of the U.S. economy. Recent data shows strong growth in the Q4 2023 and continued resilience in the job market.

The Top 3 S&P 500 Stocks to Buy in March 2024

Disney (DIS) reported earnings 30 days ago. What's next for the stock?

Why Is Disney (DIS) Down 0.3% Since Last Earnings Report?

Parks are the foundation, but streaming is starting to show signs of life, too.

Huge News: Bob Iger Reveals Disney's Big Wins

Mastercard

Exxon Mobil

Unless you are very wealthy or an institutional investor, the world of hedge funds is closed to the average investor; thus, it's a good idea to look at the stocks hedge funds are buying. That's not necessarily a bad thing because these funds operate on a 2-and-20 fee structure.

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Disney is facing a board fight, but CEO Bob Iger has a strong track record. Activists often prioritize short-term profits over long-term goals, which may not be beneficial for long-term shareholders. Finding knowledgeable board members for a large and diverse company like Disney is challenging, and there's currently a lack of suitable candidates by the activists.

Disney: It's A War Over The Board

After skidding to multi-year lows in late-2023, Disney stock has rebounded more than 20% thus far in 2024 as two activist investment firms have launched a proxy fight. The stock finished Thursday trading at $110.18, up a fraction. It started the year at $90.10, putting its gains at 22% for the year to date.

Disney's Stock Has Risen More Than 20% In 2024 With Proxy Fight Brewing; ValueAct Capital Reaffirms Support Of Bob Iger Ahead Of April 3 Shareholder Meeting

Activist hedge fund ValueAct Capital reiterated its backing for Walt Disney on Thursday amid a board challenge from billionaire Nelson Peltz's Trian Fund Management.

ValueAct reiterates backing for Disney amid boardroom fight with Trian

Paramount Global

Paramount Global could be set for change in the tough Indian media market. A Bloomberg report, citing unnamed sources, claims the MTV and Comedy Central owner is in talks with Reliance Industries to sell its stake in their channels and streaming venture, Viacom18.

Paramount In Talks To Sell Stake In Viacom18 To Disney India Partner Reliance — Bloomberg

Builders FirstSource

Catalent

Fortinet

Juniper Networks

Tapestry

Targa Resources

Uber

Missed big runs in some S&P 500 stocks? Don't worry — it's not too late.

8 Stocks Already Up Big This Year Will Rise Even More, Analysts

Disney is intent on pulling the right levers to drive profits. It expects its streaming segment to reach profitability for the first time later in 2024.

1 Wall Street Firm Raises Disney's Price Target Almost 25%: Here's Why It's Right.

Two activist groups are putting up board nominees in the upcoming Disney annual shareholder meeting on April 3. Disney stock hit another 52-week high this week, but it's ambitiously promoting its strengths to win shareholder support.

Should You Buy Disney Stock Before April 3?

Twenty-First Century Fox

Warner Bros Discovery Inc

In February, ESPN, Fox, and Warner Bros. announced plans to launch a sports streaming platform.

Does the ESPN, Fox, and Warner Bros. Joint Venture Mean Game Over for This Struggling Streaming Stock?

Bristol-Myers

Intel

Pfizer

PayPal

If you're searching for must-have stocks for wealth, look no further. In investing, identifying the right stocks leads to a fear of missing out.

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Alphabet

Microsoft

NVIDIA

Visa

Even if you're as shrewd a trader as Warren Buffett or have a substantial investment portfolio like Bill Gates, it won't guarantee success against insider trading. And Dan Meuser is regarded as one of the most adept insider traders in US politics.

This US politician beats Warren Buffett, Bill Gates portfolios by almost 30%

Disney CEO Bob Iger said the company is focusing on producing quality films. Iger's statements follow a series of box office misses from the company.

News for Disney Stock (DIS)