Walt Disney Co.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.43B | $91.36B | $88.90B | $82.72B | $67.42B | $65.39B | $69.57B | $59.43B |
| Media Networks | — | — | — | — | — | $28.39B | $24.83B | $24.50B |
| Parks and Resorts | — | — | — | — | — | — | — | $20.30B |
| Studio Entertainment | — | — | — | — | — | $9.64B | $11.13B | $9.99B |
| Consumer Products & Interactive | — | — | — | — | — | — | — | $4.65B |
| Parks Experiences and Products | — | — | — | — | — | $16.50B | $26.23B | — |
| Direct-to-Consumer & International | — | — | — | — | — | $16.97B | $9.35B | — |
| Eliminations (4-Segment Era) | — | — | — | — | — | $-6.11B | $-1.96B | — |
| Disney Media & Entertainment Distribution | — | — | — | $55.04B | $50.87B | — | — | — |
| Disney Parks Experiences and Products | — | — | — | $28.71B | $16.55B | — | — | — |
| Content License Early Termination Adj | — | — | — | $-1.02B | — | — | — | — |
| Entertainment | $42.47B | $41.19B | $40.64B | — | — | — | — | — |
| Sports | $17.67B | $17.62B | $17.11B | — | — | — | — | — |
| Experiences | $36.16B | $34.15B | $32.55B | — | — | — | — | — |
| Segment Eliminations | $-1.87B | $-1.60B | $-1.40B | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $16.50B | $15.76B | $15.34B | $16.39B | $13.52B | $12.37B | $11.55B | $8.86B |
| Operating Income | $17.55B | $15.60B | $12.86B | $12.12B | $7.77B | $8.11B | $14.85B | $15.69B |
| Operating Margin | 18.6% | 17.1% | 14.5% | 14.7% | 11.5% | 12.4% | 21.3% | 26.4% |
| Interest Expense | $-1.81B | $-2.07B | $-1.97B | $-1.55B | $-1.55B | $1.65B | $1.25B | $682.0M |
| Pretax Income | $12.00B | $7.57B | $4.77B | $5.29B | $2.56B | $-1.74B | $13.92B | $14.73B |
| Income Tax Expense | $-1.43B | $1.80B | $1.38B | $1.73B | $25.0M | $699.0M | $3.03B | $1.66B |
| Net Income | $12.40B | $4.97B | $2.35B | $3.15B | $2.00B | $-2.86B | $11.05B | $12.60B |
| Net Margin | 13.1% | 5.4% | 2.6% | 3.8% | 3.0% | -4.4% | 15.9% | 21.2% |
| EPS (Basic) | $6.88 | $2.72 | $1.29 | $1.73 | $1.10 | $-1.58 | $6.68 | $8.40 |
| EPS (Diluted) | $6.85 | $2.72 | $1.29 | $1.72 | $1.09 | $-1.58 | $6.64 | $8.36 |
| Shares Outstanding (Basic) | 1.80B | 1.83B | 1.83B | 1.82B | 1.82B | 1.81B | 1.66B | 1.50B |
| Shares Outstanding (Diluted) | 1.81B | 1.83B | 1.83B | 1.83B | 1.83B | 1.81B | 1.67B | 1.51B |
| Dividends Per Share | — | — | — | — | — | — | — | — |