Operating Expenses

SG&A

Walt Disney SG&A decreased by 1.2% to $4.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $4.14B to $4.07B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 5.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$2.92B$3.79B$3.77B$4.10B$3.79B$3.83B$3.61B$3.87B$3.83B$3.78B$3.79B$3.87B$3.78B$3.93B$3.98B$4.14B$3.93B$4.12B$4.07B
QoQ Change+29.8%-0.5%+8.8%-7.6%+1.1%-5.6%+7.2%-1.2%-1.1%+0.2%+2.2%-2.3%+3.9%+1.3%+4.0%-5.1%+4.9%-1.2%
YoY Change+29.8%+1.1%-4.1%-5.5%+1.1%-1.1%+4.9%-0.1%-1.1%+3.9%+5.0%+6.9%+3.9%+4.9%-1.6%
Range$2.92B$4.14B
CAGR+7.7%
Avg YoY Growth+3.2%
Median YoY Growth+1.1%

Business Segments

View all
SegmentQ2 '26
Entertainment Segment$2.33B
Experiences Segment$1.12B
Sports Segment$337.00M
Total$4.07B

Frequently Asked Questions

What is Walt Disney's sg&a?
Walt Disney (DIS) reported sg&a of $4.07B in Q1 2026.
How has Walt Disney's sg&a changed year-over-year?
Walt Disney's sg&a decreased by 1.6% year-over-year, from $4.14B to $4.07B.
What is the long-term trend for Walt Disney's sg&a?
Over 4 years (2021 to 2025), Walt Disney's sg&a has grown at a 5.6% compound annual growth rate (CAGR), from $12.99B to $16.17B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.