Walt Disney DIS Business Segments
| Q2 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '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% | |
| Segment operating income by Business | ||||||
| Entertainment Segment | $1.34B+21.5% | $1.1B+7.6% | $1.02B-18.8% | $1.26B0.0% | $1.26B-26.1% | |
| Experiences Segment | $2.62B-21.0% | $3.31B+31.5% | $2.52B+1.0% | $2.49B0.0% | $2.49B-19.9% | |
| Sports Segment | $652M+241% | $191M-81.6% | $1.04B+50.9% | $687M0.0% | $687M+178% | |
| Total costs and expenses by Business | ||||||
| Entertainment Segment | $10.49B-1.3% | $10.63B— | —— | $9.55B— | —— | |
| Experiences Segment | $6.87B+2.6% | $6.7B— | —— | $6.4B— | —— | |
| Sports Segment | $3.97B-15.9% | $4.72B— | —— | $3.87B— | —— | |
| Other Cost and Expense, Operating by Business | ||||||
| Entertainment Segment | $1.5B+2.1% | $1.47B— | —— | $1.36B— | —— | |
| Experiences Segment | $985M+9.2% | $902M— | —— | $877M— | —— | |
| Sports Segment | $248M-3.5% | $257M— | —— | $240M— | —— | |
| Selling, General and Administrative Expense by Business | ||||||
| Entertainment Segment | $2.33B-11.3% | $2.63B— | —— | $2.29B— | —— | |
| Experiences Segment | $1.12B+15.9% | $962M— | —— | $1.02B— | —— | |
| Sports Segment | $337M+9.4% | $308M— | —— | $347M— | —— | |
| Equity in the loss of India joint venture by Business | ||||||
| Entertainment Segment | $108M-8.5% | $118M+15.7% | $102M-17.7% | $124M0.0% | $124M+5.1% | |
| Sports Segment | $13M+333% | $3M-88.5% | $26M+44.4% | $18M0.0% | $18M+80.0% | |
| D&A by Business | ||||||
| Entertainment Segment | $251M+15.1% | $218M— | —— | $203M— | —— | |
| Experiences Segment | $788M+3.8% | $759M— | —— | $705M— | —— | |
| Sports Segment | $28M+16.7% | $24M— | —— | $11M— | —— | |
| Goodwill by Business | ||||||
| Entertainment Segment | $52.6B+2.6% | $51.26B0.0% | $51.26B0.0% | $51.28B0.0% | $51.28B0.0% | |
| Experiences Segment | $5.55B0.0% | $5.55B0.0% | $5.55B0.0% | $5.55B0.0% | $5.55B0.0% | |
| Sports Segment | $16.54B+0.3% | $16.49B0.0% | $16.49B0.0% | $16.49B0.0% | $16.49B0.0% | |
| Programming and Production Costs by Business | ||||||
| Entertainment Segment | $6.41B+1.5% | $6.31B— | —— | $5.69B— | —— | |
| Segment Eliminations | -$643M-18.4% | -$543M— | —— | -$484M— | —— | |
| Sports Segment | $3.36B-18.8% | $4.13B— | —— | $3.27B— | —— | |
| 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% | |
| Costs of goods sold and distribution costs by Product | ||||||
| Product | $1.48B-10.9% | $1.67B+11.2% | $1.5B+4.6% | $1.43B0.0% | $1.43B-11.4% | |
| Service | $14.42B-3.9% | $15B+15.1% | $13.03B-2.6% | $13.38B0.0% | $13.38B-3.0% | |
| 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% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
