The Walt Disney Company, or Disney, is a top American entertainment company. It was founded on October 16, 1923, by Walt Disney and his brother Roy. It began as a small animation studio called Disney Brothers Cartoon Studio. Over time, Disney became famous for family entertainment, creating beloved characters like Mickey Mouse and expanding into movies, TV shows, theme parks, and more.
Today, Disney is a global leader in the entertainment industry, owning big names like ABC, ESPN, Pixar, Marvel, Lucasfilm, and National Geographic. The company continues to grow and innovate, providing a wide range of content and experiences that captivate audiences around the world.
Walt Disney Fiscal Q2 2025
Walt Disney (DIS) reported strong financial results for Q2 2025, exceeding estimates for both revenue and earnings per share.
- Revenue grew 7% year-over-year, reaching $23.6 billion, compared to $22.1 billion in Q2 2024.
- Income before taxes saw a significant increase, rising from $0.7 billion last year to $3.1 billion this quarter.
- Segment operating income grew 15%, reaching $4.4 billion, up from $3.8 billion in Q2 2024.
- Adjusted EPS increased 20% year-over-year, reaching $1.45, up from $1.21 in Q2 2024.
- The company repurchased $1 billion in shares during the quarter, maintaining its trajectory to reach $3 billion in share buybacks for the year.
Outlook
Disney expects a modest increase in Disney+ subscribers in Q3 2025.
For the full fiscal year, the company projects adjusted EPS of $5.75, a 16% rise from 2024, and $17 billion in cash flow, $2 billion higher than previous estimates due to deferred tax payments.
Growth expectations include double-digit gains in Entertainment, 18% in Sports, and 6% to 8% in Experiences segment operating income.
Boards Statements
Robert A. Iger, CEO of The Walt Disney Company, highlighted the company’s outstanding performance in the quarter, with adjusted EPS rising 20% year-over-year, driven by strong results in the Entertainment and Experiences businesses. He emphasized Disney’s continued success in building for growth and executing its strategic priorities.
Reflecting on an excellent first half of the fiscal year, Iger expressed enthusiasm for the company’s upcoming initiatives, including a promising theatrical slate, the launch of ESPN’s new direct-to-consumer offering, and a significant number of expansion projects within the Experiences segment. He reaffirmed Disney’s optimism regarding its trajectory and outlook for the remainder of the fiscal year.
Impact on the Stock Market
Disney’s strong Q2 2025 earnings gave its stock a boost, rising 6% after the report. Revenue and EPS exceeded expectations, reinforcing investor confidence, especially in streaming growth and Disney+.
Despite this positive momentum, Disney’s stock is still down 17% year-to-date, reflecting broader market concerns.
Some investors see potential in the company’s new theatrical releases and ESPN’s upcoming direct-to-consumer service, while there might be challenges in advertising and experienced revenue.
