Walt Disney

DIS Communication Services Market cap $188B as of Sep 14, 2026 16:03 ET S&P 500

Q3 FY26 Mar 29 – Jun 27, 2026 reported Aug 5, 2026

Revenue$25.2B +7% year over year

Gross profit$10.1B 40% margin

Operating profit$5.6B 22% margin

Net profit$2.6B 10% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Jun 27, 2026).
Item	Value	Share of revenue	Year over year
Revenue	25.2	100%	+7%
Subscription	10.6	42%
Theme park admissions	3.1	12%
Advertising	2.8	11%
Resorts & vacations	2.6	10%
Retail & wholesale sales	2.4	10%
Content sales	1.7	7%
Other revenue	1.2	5%
Merchandise licensing	0.9	3%
Cost of revenue	−15.1	60%
Gross profit	10.1	40% margin	+2pp
SG&A	−4.0	16%	−2pp
Other	−0.6	2%	+0pp
Operating profit	5.6	22% margin	+3pp
Interest & other costs	−2.1
Tax	−0.8
Net profit	2.6	10% margin	−12pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Mar 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	25.2	100%	+7%
Subscription	10.6	42%
Theme park admissions	3.1	12%
Advertising	2.8	11%
Resorts & vacations	2.6	10%
Retail & wholesale sales	2.4	10%
Content sales	1.7	7%
Other revenue	1.1	4%
Merchandise licensing	0.9	4%
Cost of revenue	−15.9	63%
Gross profit	9.3	37% margin	+0pp
SG&A	−4.1	16%	−1pp
Other	−0.6	3%	+0pp
Operating profit	4.6	18% margin
Interest & other costs	−1.5
Tax	−0.9
Net profit	2.2	9% margin	−5pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Dec 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	26.0	100%	+5%
Subscription	9.8	38%
Theme park admissions	3.3	13%
Advertising	3.3	12%
Retail & wholesale sales	2.7	11%
Resorts & vacations	2.4	9%
Content sales	2.0	8%
Other revenue	1.3	5%
Merchandise licensing	1.1	4%
Cost of revenue	−16.7	64%
Gross profit	9.3	36% margin	−2pp
SG&A	−4.1	16%	+0pp
Other	−0.6	2%	+0pp
Operating profit	4.6	18% margin	−3pp
Interest & other costs	−1.0
Tax	−1.2
Net profit	2.4	9% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Sep 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	22.5	100%	+0%
Cost of revenue	−14.0	62%
Gross profit	8.4	38% margin	+1pp
SG&A	−4.4	20%	+1pp
Other	−0.5	2%	+0pp
Operating profit	3.5	15% margin	−1pp
Interest & other costs	−1.6
Tax	−0.6
Net profit	1.3	6% margin	+4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Jun 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	23.65	100%	+2%
Subscription fees	5.63	24%	+9%
Other revenue	3.75	16%
Affiliate fees	3.72	16%	−7%
Theme park admissions	3.00	12%	+8%
Advertising	2.79	12%	−15%
Retail & wholesale sales	2.40	10%	+7%
Resorts & vacations	2.37	10%
Cost of revenue	−14.53	61%
Gross profit	9.12	39% margin	+2pp
SG&A	−4.14	17%	+1pp
Other	−0.40	2%	+0pp
Operating profit	4.58	19% margin	+1pp
Interest & other costs	−2.05
Tax benefit	2.73
Net profit	5.26	22% margin	+11pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Mar 29, 2025).
Item	Value	Share of revenue	Year over year
Revenue	23.62	100%	+7%
Subscription fees	5.64	24%
Affiliate fees	3.96	17%
Other revenue	3.65	15%
Theme park admissions	2.92	12%
Advertising	2.76	12%
Resorts & vacations	2.36	10%
Retail & wholesale sales	2.33	10%
Cost of revenue	−14.81	63%
Gross profit	8.81	37% margin	+1pp
SG&A	−3.98	17%	+0pp
Other	−0.39	2%	+0pp
Operating profit	4.44	19% margin	+1pp
Interest & other costs	−1.48
Tax benefit	0.31
Net profit	3.28	14% margin	+14pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26 Mar 29 – Jun 27, 2026 reported Aug 5, 2026 Operating margin 22% Net profit $2.6B	Mar 29 – Jun 27, 2026	Aug 5, 2026	$25.25B	+7%	22%	$2.6B	10%
Q2 FY26 Dec 28, 2025 – Mar 28, 2026 reported May 6, 2026 Operating margin 18% Net profit $2.2B	Dec 28, 2025 – Mar 28, 2026	May 6, 2026	$25.17B	+7%	18%	$2.2B	9%
Q1 FY26 Sep 28 – Dec 27, 2025 reported Feb 2, 2026 Operating margin 18% Net profit $2.4B	Sep 28 – Dec 27, 2025	Feb 2, 2026	$25.98B	+5%	18%	$2.4B	9%
Q4 FY25 Jun 29 – Sep 27, 2025 reported Nov 13, 2025 Operating margin 15% Net profit $1.3B	Jun 29 – Sep 27, 2025	Nov 13, 2025	$22.46B	+0%	15%	$1.3B	6%
Q3 FY25 Mar 30 – Jun 28, 2025 reported Aug 6, 2025 Operating margin 19% Net profit $5.3B	Mar 30 – Jun 28, 2025	Aug 6, 2025	$23.65B	+2%	19%	$5.3B	22%
Q2 FY25 Dec 29, 2024 – Mar 29, 2025 reported May 7, 2025 Operating margin 19% Net profit $3.3B	Dec 29, 2024 – Mar 29, 2025	May 7, 2025	$23.62B	+7%	19%	$3.3B	14%