Financials in USD. Standardized financial statements.
A compact view of how The Walt Disney Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $94.42B | $91.36B | $88.90B | $82.72B | $67.42B | $65.39B | $69.61B | $59.43B | $55.14B | $55.63B |
| Revenue Growth? | +3.4% | +2.8% | +7.5% | +22.7% | +3.1% | -6.1% | +17.1% | +7.8% | -0.9% | 0.0% |
| Cost of Revenue? | $58.77B | $58.70B | $59.20B | $54.40B | $45.13B | $43.88B | $42.06B | $32.73B | $30.31B | $29.99B |
| Gross Profit? | $35.66B | $32.66B | $29.70B | $28.32B | $22.29B | $21.51B | $27.55B | $26.71B | $24.83B | $25.64B |
| Gross Margin? | +37.8% | +35.8% | +33.4% | +34.2% | +33.1% | +32.9% | +39.6% | +44.9% | +45.0% | +46.1% |
| Operating Expenses? | $21.83B | $20.75B | $20.70B | $21.55B | $18.63B | $17.71B | $15.72B | $11.87B | $10.96B | $11.28B |
| Operating Income? | $13.83B | $11.91B | $8.99B | $6.77B | $3.66B | $3.79B | $11.83B | $14.84B | $13.87B | $14.36B |
| EBITDA? | $19.14B | $14.63B | $12.11B | $12.00B | $9.08B | $5.09B | $19.07B | $18.31B | $17.08B | $17.75B |
| Income Before Tax | $12.00B | $7.57B | $4.77B | $5.29B | $2.56B | -$1.74B | $13.92B | $14.73B | $13.79B | $14.87B |
| Income Tax Expense | -$1.43B | $1.80B | $1.38B | $1.73B | $25.00M | $699.00M | $3.03B | $1.66B | $4.42B | $5.08B |
| Net Income? | $12.40B | $4.97B | $2.35B | $3.15B | $2.00B | -$2.86B | $11.05B | $12.60B | $8.98B | $9.39B |
| EPS? | $6.88 | $2.72 | $1.29 | $1.73 | $1.10 | $-1.58 | $6.68 | $8.40 | $5.73 | $5.76 |
| Diluted EPS? | $6.85 | $2.72 | $1.29 | $1.72 | $1.09 | $-1.58 | $6.64 | $8.36 | $5.69 | $5.73 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality