Walt Disney Company (The)DISEarnings & Financial Report
The Walt Disney Company, commonly known as simply Disney, is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Founded on October 16, 1923, as an animation studio by brothers Walt Disney and Roy Oliver Disney as Disney Brothers Cartoon Studio, Disney operated under the names Walt Disney Studio and Walt Disney Productions before adopting its current name in 1986.
Revenue
$23.2B
Gross Profit
N/A
Operating Profit
$4.2B
Net Profit
$2.6B
Gross Margin
N/A
Operating Margin
18.2%
Net Margin
11.3%
YoY Growth
3.7%
EPS
$1.43
Walt Disney Company (The) Q3 FY2024 Financial Summary
Walt Disney Company (The) reported revenue of $23.2B (up 3.7% YoY) for Q3 FY2024, with a net profit of $2.6B (up 669.8% YoY) (11.3% margin).
Key Financial Metrics
| Total Revenue | $23.2B |
|---|---|
| Net Profit | $2.6B |
| Gross Margin | N/A |
| Operating Margin | 18.2% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Walt Disney Company (The) Q3 FY2024 revenue of $23.2B breaks down across 11 segments, led by Subscription Fees at $4.7B (20.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription Fees | $4.7B | 20.4% |
| Sports Third Party | $4.3B | 18.5% |
| Admission | $2.8B | 12.0% |
| Products | $2.3B | 10.0% |
| Retailandwholesalesalesofmerchandisefoodandbeverage | $2.2B | 9.7% |
| Resortandvacations | $2.1B | 9.1% |
| Advertising | $1.9B | 8.4% |
| Affiliatefees | $1.7B | 7.5% |
| Theatricaldistributionlicensing | $724.0M | 3.1% |
| License | $143.0M | 0.6% |
| Entertainment | $142.0M | 0.6% |
Walt Disney Company (The) Revenue by Segment — Quarterly Trend
Walt Disney Company (The) revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription Fees and Sports Third Party) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Subscription Fees | — | — | — | $5.2B |
| Sports Third Party | — | $4.5B | — | $4.0B |
| Admission | — | — | $2.7B | $3.0B |
| Products | — | $2.8B | $2.4B | $2.4B |
| Retailandwholesalesalesofmerchandisefoodandbeverage | — | — | $2.3B | $2.4B |
Walt Disney Company (The) Annual Revenue by Year
Walt Disney Company (The) annual revenue history includes year-by-year totals (for example, 2025 revenue was $94.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $94.4B |
| 2024 | $91.4B |
| 2023 | $88.9B |
| 2022 | $82.7B |
Walt Disney Company (The) Quarterly Revenue & Net Profit History
Walt Disney Company (The) results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $25.2B | +6.5% | $2.5B | 9.8% |
| Q1 FY2026 | $26.0B | +5.2% | $2.4B | 9.2% |
| Q4 FY2025 | $22.5B | -0.5% | $1.3B | 5.8% |
| Q3 FY2025 | $23.6B | +2.1% | $5.3B | 22.2% |
| Q2 FY2025 | $23.6B | +7.0% | $3.3B | 13.9% |
| Q1 FY2025 | $24.7B | +4.8% | $2.6B | 10.3% |
| Q4 FY2024 | $22.6B | +6.3% | $460.0M | 2.0% |
| Q3 FY2024 | $23.2B | +3.7% | $2.6B | 11.3% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.16B | $22.57B | $24.69B | $23.62B | $23.65B | $22.46B | $25.98B | $25.17B |
| YoY Growth | 3.7% | 6.3% | 4.8% | 7.0% | 2.1% | -0.5% | 5.2% | 6.5% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $197.77B | $196.22B | $197.05B | $195.83B | $196.61B | $197.51B | $202.09B | $205.22B |
| Liabilities | $97.15B | $95.52B | $95.11B | $91.49B | $87.47B | $87.64B | N/A | $89.91B |
| Equity | $100.62B | $100.70B | $101.93B | $104.34B | $109.14B | $109.87B | $108.48B | $115.31B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $2.60B | $5.52B | $3.21B | $6.75B | $3.67B | $4.47B | $735.0M |