Business
The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2025
BURBANK, Calif., August 06, 2025--The Walt Disney Company (NYSE: DIS) today reported earnings for its third fiscal quarter ended June 28, 2025.

About this update from Walt Disney Company (the)
[{"type":"text","content":"BURBANK, Calif., August 06, 2025--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) today reported earnings for its third fiscal quarter ended June 28, 2025.","length":160,"tagName":"p"},{"type":"text","content":"Financial Results for the Quarter:","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues increased 2% for Q3 to $23.7 billion from $23.2 billion in Q3 fiscal 2024","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Income before income taxes increased 4% for Q3 to $3.2 billion from $3.1 billion in Q3 fiscal 2024","length":98,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total segment operating income(1) increased 8% for Q3 to $4.6 billion from $4.2 billion in Q3 fiscal 2024","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Diluted earnings per share (EPS) for Q3 improved to $2.92 from $1.43 in Q3 fiscal 2024, and adjusted EPS(1) increased 16% for Q3 to $1.61 from $1.39 in Q3 fiscal 2024","length":166,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":451,"olType":false},{"type":"text","content":"Key Points:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Entertainment: Segment operating income of $1.0 billion, a $179 million decrease versus Q3 fiscal 2024","length":102,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"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","length":170,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Direct-to-Consumer operating income increased $365 million to $346 million","length":74,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"183 million Disney+ and Hulu subscriptions, an increase of 2.6 million versus Q2 fiscal 2025","length":92,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"128 million Disney+ subscribers, an increase of 1.8 million versus Q2 fiscal 2025","length":81,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Linear Networks operating income declined $269 million versus Q3 fiscal 2024 largely driven by the Star India transaction","length":121,"tagName":"p","attribs":{}}]},{"val":[{"type...