Inferra AI / Company / DIS
Walt Disney Company
DIS · Communication Services
Last earnings Aug 5, 2026
Key results
Revenuequarter
2%
Revenues increased 2% for Q3 to $23.7 billion from $23.2 billion in Q3 fiscal 2024 Income before income taxes increased 4% for Q3 to $3.2 billion from $3.1 billion in Q3 fiscal 2024 Total segment operating income (1) increased 8% for Q3 to $4.6 billion from $4.2 billion in Q3 fiscal 2024 Diluted earnings per share (EPS
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Points Entertainment Segment operating incomequarter
$1.0 billion
Key Points Entertainment Segment operating income of $1.0 billion, a $179 million decrease versus Q3 fiscal 2024
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Direct-to-Consumer revenuequarter
6%
Direct-to-Consumer revenue increased 6%, which included an adverse impact of 3 percentage points due to Disney+ Hotstar being included in the prior-year quarter s results
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Sports Segment operating incomequarter
$1.0 billion
Sports Segment operating income of $1.0 billion, an increase of $235 million versus Q3 fiscal 2024 Year-over-year increase reflects the impact of a $314 million loss at Star India in Q3 fiscal 2024 Domestic ESPN operating income declined 7% versus the prior-year quarter primarily due to higher programming and productio
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Domestic ESPN operating incomequarter
$235 million
Sports Segment operating income of $1.0 billion, an increase of $235 million versus Q3 fiscal 2024 Year-over-year increase reflects the impact of a $314 million loss at Star India in Q3 fiscal 2024 Domestic ESPN operating income declined 7% versus the prior-year quarter primarily due to higher programming and productio
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Experiences Segment operating incomequarter
$2.5 billion
Experiences Segment operating income of $2.5 billion, an increase of $294 million versus Q3 fiscal 2024 Operating income in the quarter reflects a $40 million benefit from timing of the Easter holiday, and a $30 million impact from pre-opening expenses at Disney Cruise
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Operating incomequarter
$294 million
Experiences Segment operating income of $2.5 billion, an increase of $294 million versus Q3 fiscal 2024 Operating income in the quarter reflects a $40 million benefit from timing of the Easter holiday, and a $30 million impact from pre-opening expenses at Disney Cruise
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Domestic Parks Experiences operating incomequarter
22%
Line Domestic Parks Experiences operating income grew 22% to $1.7 billion (1) Total segment operating income and diluted EPS excluding certain items (also referred to as adjusted EPS) are non-GAAP financial measures.
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Entertainment Direct-to-Consumer operating incomequarter
$1.3 billion
Entertainment Direct-to-Consumer Operating income of $1.3 billion Entertainment Double-digit percentage segment operating income growth Sports 18% segment operating income growth Experiences 8% segment operating income growth Disney Cruise Line pre-opening expense of $185 million
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Average Monthly revenuequarter
57.8 %
and Canada) 57.8 57.8 % International 69.9 68.2 2 % Total Disney+ (2) 127.8 126.0 1 % Hulu SVOD Only 51.2 50.3 2 % Live TV + SVOD 4.3 4.4 (2) % Total Hulu (2) 55.5 54.7 1 % Average Monthly Revenue Per Paid Subscriber for the quarter ended June 28, 2025 March 29, 2025 Change Disney+ Domestic (U.
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Net incomequarter
$5,943 million
Net income 5,943 2,842 11,988 5,209
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
EPSquarter
$ 2.92
Diluted $ 2.92 $ 1.43 $ 6.12 $ 2.46
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
AI analysis
Q2 2025 · reported Aug 6, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 2% | — | — |
| Points Entertainment Segment operating income | $1.0 billion | — | — |
| Direct-to-Consumer revenue | 6% | — | — |
| Sports Segment operating income | $1.0 billion | — | — |
| Domestic ESPN operating income | $235 million | — | — |
| Experiences Segment operating income | $2.5 billion | — | — |
| Operating income | $294 million | — | — |
| Domestic Parks Experiences operating income | 22% | — | — |
Guidance · company-stated
Direction: reiterated
No guidance located in the held release
“1 August 5, 2026 To Our Shareholders and the Broader Investment Community, Our strong fiscal Q3 results and reiterated full-year outlook reinforce our confidence that we are uniquely well positioned.”
Capital allocation
Management believes that information about free cash flow provides investors with an important perspective on the cash available to service debt obligations, make strategic acquisitions and investments and pay dividends or repurchase shares.
Forward-looking statements generally relate to future events or our future financial or operating performance and may include statements concerning, among other things, financial results; business plans (including statements regarding new products and services, agreements, future expenditures, costs and investments); future liabilities and other obligations; impairments and amortization; estimates of the financial impact of certain items, accounting treatment, events or circumstances; competition and seasonality on our businesses and results of operations; and capital allocation, including share repurchases and dividends.
Company-stated claims
Forward-looking · triple · subscribers_users · next three years
“Across the next three years we plan to roughly triple the number of local original series on Disney+ to drive new international users to the platform and reduce churn.”
EX-99 · Aug 5, 2026Event summary
Walt Disney Company Q2 2025 — Revenues increased 2% for Q3 to $23.7 billion from $23.2 billion in Q3 fiscal 2024 Income before income taxes increased 4% for Q3 to $3.2 billion from $3.1 billion in Q3 fiscal 2024 Total segment oper…
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Management believes that information about free cash flow provides investors with an important perspective on the cash available to service debt obligations, make strategic acquisitions and investments and pay dividends or repurchase shares.
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Forward-looking statements generally relate to future events or our future financial or operating performance and may include statements concerning, among other things, financial results; business plans (including statements regarding new products and services, agreements, future expenditures, costs and investments); future liabilities and other obligations; impairments and amortization; estimates of the financial impact of certain items, accounting treatment, events or circumstances; competition and seasonality on our businesses and results of operations; and capital allocation, including share repurchases and dividends.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Based on the closing price of Fubo common stock of $ 3.69 on October 29, 2025, the estimated fair value of Fubo was $ 1.3 billion, which was primarily allocated to goodwill of $ 1.4 billion and identifiable intangible assets of $ 0.4 billion, partially offset by debt of $ 0.4 billion.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Cash, Cash Equivalents, Restricted Cash and Borrowings Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
dollar denominated borrowings (2) 38,658 5,046 ( 3,625 ) 240 40,319 Asia Theme Parks borrowings 1,075 45 1,120 Foreign currency denominated borrowings and other 231 12 243 $ 42,026 $ 13,556 $ ( 9,867 ) $ 326 $ 46,041 (1) Borrowings and reductions of borrowings are reported net.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
(2) The other activity includes borrowings assumed in the acquisition of Fubo.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Strategy & priorities
Additional passenger cruise days reflected the launch of the Disney Treasure in the first quarter of the current year Increased costs primarily due to new guest offerings, including the fleet expansion at Disney Cruise Line OTHER FINANCIAL INFORMATION Corporate and Unallocated Shared Expenses Corporate and unallocated shared expenses increased $82 million for the quarter, from $328 million to $410 million, primarily due to a legal settlement, timing of allocations to the segments and higher compensation costs, partially offset by a gain on a land sale.
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Management believes that information about free cash flow provides investors with an important perspective on the cash available to service debt obligations, make strategic acquisitions and investments and pay dividends or repurchase shares.
SEC original ↗Walt Disney Company — Earnings release (8-K exhibit)EX-99Aug 6, 2025
In some cases, you can identify forward-looking statements because they contain words such as may, will, would, expects, plans, could, intends, target, projects, forecasts, believes, estimates, anticipates, potential, continue, assumption or judgment or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Company subsidiaries (the Management Companies) have management agreements with the Asia Theme Parks, which provide the Management Companies, subject to certain protective rights of joint venture partners, with the ability to direct the day-to-day operating activities and the development of business strategies that we believe most significantly impact the economic performance of the Asia Theme Parks.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Risks & headwinds
Legal Proceedings 56 ITEM 1A.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from expectations or results projected or implied by forward-looking statements.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Commitments and Contingencies Legal Matters Securities Actions On May 12, 2023, a private securities class action lawsuit was filed in the U.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
The Company intends to defend against the lawsuit vigorously.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
On December 8, 2025, a private securities lawsuit was filed in the U.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
The Company intends to defend against this lawsuit vigorously.
SEC original ↗Walt Disney Company — 10-Q Quarterly report10-QAug 5, 2026
Earnings deck slides
0 decks with slide viewWalt Disney Company — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
67 documents- Q2 2026
- 10-QDIS
Aug 5, 2026
- 8-KDIS
Aug 5, 2026
- Q1 2026
- 10-QDIS
May 6, 2026
- 8-KDIS
May 6, 2026
- Q4 2025
- 8-KDIS
Mar 20, 2026
- 8-KDIS
Mar 3, 2026
- 8-KDIS
Feb 24, 2026
- 8-KDIS
Feb 12, 2026
- 8-KDIS
Feb 3, 2026
- 10-QDIS
Feb 2, 2026
- 8-KDIS
Feb 2, 2026
- Q3 2025
- 8-KDIS
Dec 9, 2025
- 10-KDIS
Nov 13, 2025
- 8-KDIS
Nov 13, 2025
- 8-KDIS
Nov 12, 2025
- 8-KDIS
Nov 7, 2025
- 8-KDIS
Oct 16, 2025
- 8-KDIS
Oct 1, 2025
- Q2 2025
- 10-QDIS
Aug 6, 2025
- 8-KDIS
Aug 6, 2025
- Q1 2025
- 8-KDIS
Jun 9, 2025
- 10-QDIS
May 7, 2025
- 8-KDIS
May 7, 2025
- Q4 2024
- 8-KDIS
Mar 24, 2025
- 8-KDIS
Mar 4, 2025
- 10-QDIS
Feb 5, 2025
- 8-KDIS
Feb 5, 2025
- 8-KDIS
Jan 6, 2025
- EX-99DIS
Jan 6, 2025
- Q3 2024
- 10-KDIS
Nov 14, 2024
- 8-KDIS
Nov 14, 2024
- 8-KDIS
Oct 21, 2024
- Q2 2024
- 8-KDIS
Aug 7, 2024
- 10-QDIS
Aug 7, 2024
- 8-KDIS
Jul 19, 2024
- Q1 2024
- 8-KDIS
May 7, 2024
- 10-QDIS
May 7, 2024
- 8-K/ADIS
Apr 17, 2024
- 8-KDIS
Apr 9, 2024
- 8-KDIS
Apr 3, 2024
- EX-99DIS
Apr 3, 2024
- Q4 2023
- 8-KDIS
Mar 4, 2024
- 8-KDIS
Feb 28, 2024
- EX-99DIS
Feb 28, 2024
- 8-KDIS
Feb 7, 2024
- 10-QDIS
Feb 7, 2024
- Q3 2023
- 8-KDIS
Dec 22, 2023
- 8-KDIS
Nov 30, 2023
- 8-KDIS
Nov 29, 2023
- EX-99DIS
Nov 29, 2023
- 10-KDIS
Nov 21, 2023
- 8-KDIS
Nov 8, 2023
- 8-KDIS
Nov 6, 2023
- EX-99DIS
Nov 6, 2023
- 8-KDIS
Nov 1, 2023
- EX-99DIS
Nov 1, 2023
- 8-KDIS
Oct 18, 2023
- Q2 2023
- 8-KDIS
Sep 19, 2023
- 8-KDIS
Sep 8, 2023
- 8-KDIS
Aug 9, 2023
- 10-QDIS
Aug 9, 2023
- 8-KDIS
Jul 12, 2023
- EX-99DIS
Jul 12, 2023
- Q1 2023
- 8-KDIS
Jun 15, 2023
- 8-KDIS
Jun 12, 2023
- 8-KDIS
Jun 2, 2023
- 10-QDIS
May 10, 2023
Earnings releases
20 documentsPresentations
1 document- Q2 2023
- DISDeck
Transcripts
0 documentsNo transcripts for Walt Disney Company are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Walt Disney Company by name or ticker. A mention is counted once per document, from the document text the library holds.
Innovex International, Inc. (INVX)
“rice of $24.59 per share • Closed the acquisition of Drilling Innovative Solutions, LLC ("DIS") for $16 million at approximately 4x TTM EBITDA (1) Adjusted… …14,757 Earnings (loss) per common share ”
See also the earnings calendar for every tracked company’s next earnings date.