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

BOSTON--(BUSINESS WIRE)--Black Friday researchers at Retail Egg are rounding-up any early Tonies & Toniebox deals and offers for Black Friday 2023.

Tonies & Toniebox Black Friday (2023): Round-up of Early PAW Patrol, Cocomelon, Disney, Marvel & More Offers Reported by Retail Egg

Disney's stock price could trade between $120 and $190 a share, far above its current $94.19 price, ValueAct has suggested.

Disney drama builds for Bob Iger as another activist investor builds large stake

The investor bought shares over the summer, when Disney stock was languishing around $80 a share.

Activist ValueAct Builds Stake in Disney

Walt Disney Co.'s stock DIS, +3.50% rose 3.6% Wednesday, after CNBC reported that ValueAct Capital has been building a stake in the company since the summer. The activist investor has held talks with Disney management and is still building out its position, CNBC reported.

Disney's stock pops after CNBC says activist investor ValueAct has been building a stake

ValueAct Capital has built a stake in the entertainment company, according to a report.

Disney Stock Rises on Report Activist Is Building 'Significant' Stake

ValueAct Capital has built a large stake in Walt Disney and sees room for the media and entertainment giant's stock price to roughly double, people familiar with the investment firm's thinking said on Wednesday.

ValueAct builds stake in Disney, adds drama at home of Mickey Mouse -sources

In its obsession over the “Magnificent Seven” technology stocks, the market has largely ignored legacy companies like Disney (NYSE: DIS ). Also, some people are concerned about the aggressive pursuits of an activist investor who has his sights set on Disney.

DIS Stock Opportunity: This Is a Magic Moment for Disney Investors

ValueAct began buying Disney this summer during the Hollywood strikes and it is now one of the investor's largest positions, the Activist Spotlight has learned.

Activist investor ValueAct has been building a stake in Disney

Apple

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

Bank of America

BASF SE

B&G Foods

Bayerische Motoren Werke AG

BRT Apartments

Blackstone Group

Colgate-Palmolive

Cisco Systems

CVS Health

Dominion Energy

Diversified Healthcare Trust

S&P 500 and Dow Jones dropped for the third straight month in October, just before staging a remarkable reversal in November. Interest rates were kept steady again in a range of 5.25% to 5.5%, and it is uncertain if 2023 will see yet another hike. Net investments of around $1,800 in October, primarily targeting the financial sector and high-yielding BDCs.

My Dividend Stock Portfolio: New October Dividend Record - 98 Holdings With 23 Buys

Penn Entertainment has launched its new sports gambling service ESPN Bet after buying rights to the name from Disney for US$1.5 billion in August. Under the terms of the deal, Penn will run the gambling with ESPN to market it through its platforms with the service initially to be available in seventeen US states.

ESPN Bet launches in seventeen states

Disney is gaining subscribers just as it's raising prices, a good sign for the service's long-term success.

Disney's Streaming Dreams Are Becoming Reality

Disney got a lift from international subscriber growth. Price hikes also made an impact, and so did cost cuts.

How Disney Cut $1 Billion of Losses From Its Streaming Business

Netflix

Netflix and Disney+ stand as titans in the ever-expanding realm of streaming services, each offering a unique blend of content that has captured the attention of audiences worldwide. Netflix, a pioneer in the streaming landscape, has redefined how we consume entertainment with its vast library of original series, films, and documentaries.

Estimated 2025 advertising revenue soars to $1.207B for Netflix, $1.779B for Disney+

Disney's strong Q3 earnings report resulted in a 6% price move to the upside. Growth in Disney+ core subscribers, particularly in the international market, as well as price increases, contributed to a 12% increase in streaming segment revenues. Disney's focus on cost-cutting measures and bullish free cash flow forecast justify a rating upgrade.

Disney: The Recovery Could Be Epic

Penn Entertainment

NEW YORK — ESPN Bet, a sports-gambling service rebranded with the name of the Disney-owned sports channel, launched Tuesday in 17 U.S. states.

Penn Entertainment launches its rebranded sports gambling service, ESPN Bet

DraftKings

DKNG stock climbs after DraftKings hikes outlook on rapid gambling growth. PENN stock rallies after ESPN Bet launch.

DKNG Stock: DraftKings Hoists Outlook On Rapid Growth; PENN Stock Rallies On ESPN Bet Launch

Disney's stock has plummeted, but recent solid quarter results show potential for streaming and cost-cutting. Disney's theme parks performed well and there is potential for strong performance in the future. Disney's cash flow is improving and streaming continues to grow, with international subscribers increasing.

Disney: Consider Buying The Mickey Mouse Kingdom

"The Marvels" just posted the worst opening of a Marvel Cinematic Universe film in the 15-year history of the franchise.

How Disney can save the Marvel Cinematic Universe

Amazon

FuboTV

Streaming expert Dan Rayburn discusses the reality of the industry and the slow process of technology disruption. Q3 earnings reports reveal the importance of defined methodology and the need for profitability in the streaming market.

Streaming Reality Vs. Fantasy With Dan Rayburn

LAKE BUENA VISTA, Fla. , Nov. 14, 2023 /PRNewswire/ --  Walt Disney World Resort, one of the world's most visited vacation destinations, generated $40 billion in economic impact across the state and more than a quarter of a million total jobs in fiscal year 2022, according to a new study from Oxford Economics announced today.

New Study: Disney Generates $40 Billion in Annual Economic Impact in Florida and Over Quarter of a Million Jobs

A new economic study found that Disney had a $40.3 billion impact in Florida last fiscal year. The war between Disney and Florida Gov.

Disney World Flexes Its Muscles in Florida

The latest superhero movie released by Disney (DIS) posted the worst showing for a Marvel film in the franchise's 15-year run, earning just $47 million on its opening weekend.

Disney's Latest Marvel Movie Turns In Worst Box-Office Showing for Marvel

DIS may face more pain in the near term, as rumors suggest a potential sale of its profitable linear network business as a way to fund the unprofitable Hulu acquisition. The restart of its content productions from December 2023 may also trigger expanded expenditures, delaying its eventual FY2024 cost savings. Depending on the DIS management's choice of fund-raising for Hulu, be it through debt, share dilution, and/ or cash, we believe that its near-term prospects are uncertain.

Disney: More Pain Likely - Only For Contrarian Buyers

Disney's 100th year in business was a rough one due to several factors. The entertainment giant is making moves to strengthen its streaming business.

Is Now the Time to Buy Disney Stock?

Macy's

NEW YORK--(BUSINESS WIRE)--Today, Macy's announced that it has expanded Disney products across all categories to bring joy to all ages this Holiday season. From fine jewelry to home and toys, Macy's has an exclusive assortment of products to celebrate Disney's 100th Anniversary. The Disney collection is now available to shop at Macy's stores nationwide, online at macys.com and Macy's mobile app. Macy's has also unveiled a Disney Princess collection that includes role play costumes, accessories,.

News for Disney Stock (DIS)