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Walt Disney CoDIS

Sector
Other
Industry
Services-Miscellaneous Amusement & Recreation
Exchange
NYSE

Stock Price $DIS

Latest filings

You are here#4 of 17 in Communication by market cap

Filing record · 2019–202610-K910-Q238-K106

DIS filed 9 annual reports (10-K), 23 quarterly reports (10-Q) and 106 current reports (8-K) between 2019 and 2026.

  1. Deal closed8-K · Aug ’19Aug ’19
  2. Leadership change8-K · May ’21May ’21
  3. Leadership change8-K · Nov ’22Nov ’22
  4. FY2025 annual report10-K · Nov ’25Nov ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  10. $94.42B
YoY changeLargest recent move+22.7%in FY22Latest +3.4%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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All DIS Financial Metrics57 metrics

Income Statement13

Balance Sheet25

Cash Flow14

Per Share5

02—Overview

Walt Disney Co Financial Overview 2021–2025

Updated Jul 10, 2026

Disney’s direct-to-consumer segment engineered a massive financial reversal, swinging from a staggering $4.0 billiona operating loss in FY2022 to a $1.3 billion operating profit by the end of FY2025. This streaming turnaround, combined with relentless theme park demand, proves the entertainment giant has successfully transitioned from an era of cash-burning audience acquisition into a sustainably profitable digital model.

The company steadily expanded its footprint as total revenue grew from $67.4 billion in FY2021 to $94.4 billionb in FY2025. While revenue growth moderated to 3% in the final year of that stretch, bottom-line profitability exploded. Net income more than doubled to $12.4 billion in FY2025, aided by sweeping cost efficiencies and strategic tax benefits, which pushed diluted earnings per share to $6.85. Operational discipline also generated massive liquidity, with operating cash flow surging 30% year-over-year to reach $18.1 billion in FY2025. Despite this fundamental inflection and a management commitment to repurchasing $7 billion in shares, the market maintained a relatively cautious multiple, pricing the stock at $113.47 and 16.6x earnings at the close of FY2025.

Recent Developments (Q1 and Q2 2026)

Disney began 2026 with a leadership transition as Josh D’Amaro became CEO in March 2026. Top-line growth persisted through Q2 2026, with total revenue rising 7% to $25.2 billionc, driven by a 10% jump in Entertainment revenue and a 7% gain in Experiences. However, bottom-line metrics faced headwinds. Q2 2026 net income sank 31% to $2.2 billion, pushing diluted EPS down 30% to $1.27 due to restructuring charges and a missing prior-year tax benefit. To support liquidity, Disney executed a $4.5 billion debt offering and secured $9.25 billion in new credit facilities.

Bulls can point to consistent theme park revenue and aggressive capital returns, including $3.5 billiond in stock repurchases during Q2 2026. Bears will focus on the 35% drop in Entertainment operating income during Q1 2026 and a 2% Sports revenue decline in Q2 2026. Trading at 15.8x earnings as of May 6, 2026, shares offer a potential discount if the new executive team stabilizes profitability.

What to watch: margin execution under CEO Josh D'Amaro; integration impacts from the Reliance joint venture.

03—Filings

Recent SEC Filings

  1. 8-KWalt Disney Co 8-K Report, Financial Results (Aug 5, 2026)The Walt Disney Company (DIS) filed an 8-K on August 5, 2026, primarily to furnish its earnings release for the quarter ended June 27, 2026. This filing serves as the official notification of the company's latest financial performance, providing investors with key metrics and operational updates. Investors should refer to the furnished earnings release (Exhibit 99.1) for detailed financial results and management's commentary on the quarter's performance. The company also reiterated its commitment to using its Investor Relations website (www.disney.com/investors) as a primary channel for distributing material non-public information and fulfilling its Regulation FD disclosure obligations. This highlights the importance of monitoring the company's investor website for timely updates and comprehensive information beyond formal SEC filings.
  2. 8-KWalt Disney Co 8-K Report, Financial Results (May 6, 2026)Walt Disney Co. (DIS) filed an 8-K on May 6, 2026, to report its financial results for the quarter ended March 28, 2026. The primary purpose of this filing is to furnish the accompanying earnings release, which contains the detailed financial performance for the period. Investors should refer to the earnings release (Exhibit 99.1) for comprehensive information on the company's operational and financial condition during this fiscal quarter. Disney also reiterates its commitment to using its Investor Relations website (www.disney.com/investors) for the disclosure of material non-public information, underscoring its importance for staying updated on company news and regulatory compliance under Regulation FD.
  3. 8-KWalt Disney Co 8-K Report, Executive Changes (Mar 20, 2026)This 8-K filing from The Walt Disney Company reports on key events from its annual shareholder meeting held on March 18, 2026. Most notably, Josh D'Amaro, currently the Chief Executive Officer of the Company, has been appointed to the Board of Directors and its Executive Committee, effective immediately. This move integrates operational leadership more directly into the company's governance structure. The filing also provides the final voting results from the annual meeting on various shareholder proposals and director elections, all of which overwhelmingly passed with substantial support.
  4. 8-KWalt Disney Co 8-K Report, Corporate Update (Mar 3, 2026)The Walt Disney Company (DIS) announced on March 3, 2026, through an 8-K filing, the establishment of new credit facilities. The company entered into a $5.25 billion 364-Day Credit Agreement and a $4 billion Five-Year Credit Agreement, replacing previous facilities of similar amounts. These new agreements are unsecured and guaranteed by TWDC Enterprises 18 Corp., providing essential liquidity for commercial paper borrowings and general corporate purposes. The new facilities offer flexibility in borrowing terms, including options for various interest rate benchmarks (SOFR, EURIBOR, TIBO, SONIA, or Base Rate) plus a spread based on DIS's public debt rating. Both agreements include customary covenants, such as financial reporting and limitations on mergers, and require a minimum Consolidated EBITDA to Consolidated Interest Expense ratio of 3.00:1.00. The 364-day facility can be extended by a year, while the five-year facility matures in 2031, providing significant financial flexibility.
  5. 8-KWalt Disney Co 8-K Report, Executive Changes (Feb 24, 2026)This 8-K filing from The Walt Disney Company announces the departure of Kristina K. Schake, Senior Executive Vice President and Chief Communications Officer, effective March 19, 2026. The termination is without cause, and Ms. Schake will receive separation benefits as per her existing employment agreement. This change in a key executive position, particularly in communications, may signal a shift in the company's strategic messaging or public relations approach heading into a new fiscal period. Investors should monitor any subsequent announcements regarding the appointment of a successor and the broader implications for Disney's corporate communications strategy. While the separation is reportedly without cause, understanding the rationale behind this executive change and the continuity of communication efforts will be crucial for assessing its impact on the company's public image and stakeholder relations.
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04—See also

Related Companies

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