Disney Q3 Operating Income Jumps 21% to $5.6 Billion as Streaming Profit More Than Doubles
Updated
Updated · Deadline · Aug 5
Disney Q3 Operating Income Jumps 21% to $5.6 Billion as Streaming Profit More Than Doubles
3 articles · Updated · Deadline · Aug 5
Summary
$5.6 billion in fiscal Q3 operating income and $2.06 adjusted EPS both topped Wall Street forecasts, with revenue rising 7% to $25.2 billion in Josh D’Amaro’s first full quarter as CEO.
Toy Story 5, which has passed $1 billion at the global box office, helped lift entertainment profit 64% to $1.7 billion, while streaming operating income more than doubled to $712 million on 11% revenue growth.
Experiences added another pillar: profit rose 20% to more than $3 billion as global guests increased 4%, domestic park attendance climbed 3%, and per-capita ticket revenue gained 5%.
Sports was the weak spot, with ESPN-led operating income falling 17% to $853 million on higher rights and production costs, shorter NBA playoff runs and a carriage-dispute impact.
Disney paired the results with strategic moves including a $1.2 billion sale of its A+E stake, a new TikTok short-form partnership and plans to triple Disney+ local originals over three years.