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Walt Disney DIS Business Segments

Q2 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Entertainment Segment$11.72B+0.9%$11.61B+8.5%$10.7B+0.2%$10.68B0.0%$10.68B-1.7%
Experiences Segment$9.49B-5.2%$10.01B+10.1%$9.09B+2.2%$8.89B0.0%$8.89B-5.6%
Segment Eliminations-$643M-18.4%-$543M-21.2%-$448M+7.4%-$484M0.0%-$484M-8.3%
Sports Segment$4.61B-6.1%$4.91B+14.0%$4.31B-5.0%$4.53B0.0%$4.53B-6.5%
Revenue by Product
Advertising$2.8B-13.8%$3.25B+16.6%$2.79B+1.2%$2.76B0.0%$2.76B-15.0%
Content Sales$1.73B-13.6%$2B$1.64B
Merchandise licensing$865M-23.9%$1.14B+29.9%$875M+2.7%$852M0.0%$852M-22.0%
Other$1.1B-17.4%$1.33B+21.9%$1.09B-5.6%$1.15B0.0%$1.15B-15.2%
Resorts and vacations$2.56B+6.4%$2.41B+1.6%$2.37B+0.6%$2.36B0.0%$2.36B+6.2%
Retail and wholesale sales of merchandise, food and beverage$2.44B-10.9%$2.74B+14.4%$2.4B+2.7%$2.33B0.0%$2.33B-9.3%
Subscription and affiliate fees$10.58B+7.8%$9.82B$9.61B
Theme park admissions$3.09B-6.3%$3.3B+10.2%$3B+2.6%$2.92B0.0%$2.92B-5.4%
Revenue by Geography
Americas$20.4B-2.2%$20.86B+8.9%$19.16B-1.7%$19.49B0.0%$19.49B-2.0%
Asia Pacific$1.92B-6.1%$2.04B+23.0%$1.66B-1.7%$1.69B0.0%$1.69B-13.7%
Europe$2.85B-7.3%$3.08B+8.8%$2.83B+15.5%$2.45B0.0%$2.45B-14.2%

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Questions, answered.

How does Walt Disney break its business down?
Walt Disney (DIS) reports revenue by business across 4 parts — Entertainment Segment, Experiences Segment, Segment Eliminations and Sports Segment. Each is extracted from the segment footnotes and tracked over time.
Where does Walt Disney's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Walt Disney's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.