Walt Disney DIS Business Segments
| Q2 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Entertainment Segment | $11.72B+9.7% | $11.61B+6.8% | $10.7B+1.2% | $10.68B+1.0% | $10.68B+9.0% | |
| Experiences Segment | $9.49B+6.7% | $10.01B+6.3% | $9.09B+8.3% | $8.89B+6.0% | $8.89B+5.9% | |
| Segment Eliminations | -$643M-32.9% | -$543M-21.5% | -$448M-21.4% | -$484M-31.2% | -$484M-15.8% | |
| Sports Segment | $4.61B+1.7% | $4.91B+1.2% | $4.31B-5.5% | $4.53B-0.5% | $4.53B+5.1% | |
| Segment operating income by Business | ||||||
| Entertainment Segment | $1.34B+6.2% | $1.1B-35.4% | $1.02B-14.9% | $1.26B+4.7% | $1.26B+61.1% | |
| Experiences Segment | $2.62B+5.0% | $3.31B+6.4% | $2.52B+13.2% | $2.49B+12.1% | $2.49B+9.0% | |
| Sports Segment | $652M-5.1% | $191M-22.7% | $1.04B+29.3% | $687M-14.3% | $687M-11.7% | |
| Total costs and expenses by Business | ||||||
| Entertainment Segment | $10.49B+9.8% | $10.63B+14.4% | —— | $9.55B— | —— | |
| Experiences Segment | $6.87B+7.4% | $6.7B+6.2% | —— | $6.4B— | —— | |
| Sports Segment | $3.97B+2.7% | $4.72B+2.3% | —— | $3.87B— | —— | |
| Other Cost and Expense, Operating by Business | ||||||
| Entertainment Segment | $1.5B+10.2% | $1.47B+9.6% | —— | $1.36B— | —— | |
| Experiences Segment | $985M+12.3% | $902M+15.1% | —— | $877M— | —— | |
| Sports Segment | $248M+3.3% | $257M+2.8% | —— | $240M— | —— | |
| Selling, General and Administrative Expense by Business | ||||||
| Entertainment Segment | $2.33B+1.6% | $2.63B+14.5% | —— | $2.29B— | —— | |
| Experiences Segment | $1.12B+8.9% | $962M+1.5% | —— | $1.02B— | —— | |
| Sports Segment | $337M-2.9% | $308M-0.6% | —— | $347M— | —— | |
| Equity in the loss of India joint venture by Business | ||||||
| Entertainment Segment | $108M-12.9% | $118M0.0% | $102M-17.1% | $124M+0.8% | $124M-10.1% | |
| Sports Segment | $13M-27.8% | $3M-70.0% | $26M0.0% | $18M-30.8% | $18M+200% | |
| D&A by Business | ||||||
| Entertainment Segment | $251M+23.6% | $218M+22.5% | —— | $203M— | —— | |
| Experiences Segment | $788M+11.8% | $759M+11.8% | —— | $705M— | —— | |
| Sports Segment | $28M+155% | $24M+140% | —— | $11M— | —— | |
| Goodwill by Business | ||||||
| Entertainment Segment | $52.6B+2.6% | $51.26B0.0% | $51.26B-0.1% | $51.28B-1.2% | $51.28B-1.2% | |
| 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+12.6% | $6.31B+15.3% | —— | $5.69B— | —— | |
| Segment Eliminations | -$643M-32.9% | -$543M-21.5% | —— | -$484M— | —— | |
| Sports Segment | $3.36B+2.8% | $4.13B+2.2% | —— | $3.27B— | —— | |
| Revenue by Product | ||||||
| Advertising | $2.8B+1.7% | $3.25B+0.4% | $2.79B-15.0% | $2.76B-16.0% | $2.76B+1.2% | |
| Content Sales | $1.73B+4.9% | $2B+20.0% | —— | $1.64B— | —— | |
| Merchandise licensing | $865M+1.5% | $1.14B+4.1% | $875M+3.6% | $852M+0.8% | $852M+8.1% | |
| Other | $1.1B-4.9% | $1.33B-2.4% | $1.09B-0.6% | $1.15B+5.2% | $1.15B-2.2% | |
| Resorts and vacations | $2.56B+8.7% | $2.41B+8.5% | $2.37B+12.2% | $2.36B+11.5% | $2.36B+12.3% | |
| Retail and wholesale sales of merchandise, food and beverage | $2.44B+4.7% | $2.74B+6.6% | $2.4B+6.7% | $2.33B+3.9% | $2.33B+3.0% | |
| Subscription and affiliate fees | $10.58B+10.2% | $9.82B+3.8% | —— | $9.61B— | —— | |
| Theme park admissions | $3.09B+5.9% | $3.3B+6.9% | $3B+7.8% | $2.92B+5.0% | $2.92B+4.0% | |
| Costs of goods sold and distribution costs by Product | ||||||
| Product | $1.48B+3.6% | $1.67B+3.0% | $1.5B+1.7% | $1.43B-2.8% | $1.43B-5.1% | |
| Service | $14.42B+7.8% | $15B+8.8% | $13.03B-1.5% | $13.38B+1.1% | $13.38B+5.6% | |
| Revenue by Geography | ||||||
| Americas | $20.4B+4.7% | $20.86B+4.9% | $19.16B+4.8% | $19.49B+6.5% | $19.49B+10.5% | |
| Asia Pacific | $1.92B+13.6% | $2.04B+4.5% | $1.66B-27.6% | $1.69B-26.4% | $1.69B-22.0% | |
| Europe | $2.85B+16.5% | $3.08B+7.8% | $2.83B+10.0% | $2.45B-4.7% | $2.45B+7.4% |
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.
