Business Segments · Programming and Production Costs

Segment Eliminations — Programming and Production Costs

Walt Disney Segment Eliminations — Programming and Production Costs decreased by 18.4% to -$643.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 32.9%, from -$484.00M to -$643.00M.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026

How to read this metric

Fluctuations in these eliminations reflect changes in the volume and cost structure of internal content licensing and production transfers. Higher eliminations typically correlate with increased internal synergy and content sharing across the company's various distribution platforms.

Detailed definition

This metric captures the elimination of intercompany expenses related to the internal transfer of programming and produc...

Peer comparison

Media and entertainment conglomerates with vertically integrated production and distribution arms typically report these adjustments to clarify consolidated operating expenses.

Metric ID: dis_segment_segment_eliminations_programming_and_production_costs

Historical Data

8 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q3 '24Q1 '25Q3 '25Q1 '26
Value-$349.25M-$349.25M-$349.25M-$349.25M-$447.00M-$484.00M-$543.00M-$643.00M
QoQ Change+0.0%+0.0%+0.0%-28.0%-8.3%-12.2%-18.4%
YoY Change-28.0%-21.5%-32.9%
Range-$643.00M-$349.25M
CAGR+41.7%
Avg YoY Growth-27.4%
Median YoY Growth-28.0%
Current Streak4 quarters decline

Frequently Asked Questions

What is Walt Disney's segment eliminations — programming and production costs?
Walt Disney (DIS) reported segment eliminations — programming and production costs of -$643.00M in Q1 2026.
How has Walt Disney's segment eliminations — programming and production costs changed year-over-year?
Walt Disney's segment eliminations — programming and production costs decreased by 32.9% year-over-year, from -$484.00M to -$643.00M.
What does segment eliminations — programming and production costs mean?
The total production and programming costs removed during consolidation to avoid double-counting expenses incurred between internal business units.