FINHUB Insights

DIS · Q3 FY25 · Mar 30 – Jun 28, 2025

Walt Disney Q3 FY25: where the revenue came from and where it went

Walt Disney Q3 FY25: revenue $23.7B (+2% year over year). Net profit $5.3B. Largest cohort Subscription fees $5.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 30 – Jun 28, 2025
Reported
Aug 6, 2025 10-Q
Sankey diagram of Walt Disney's income statement for Q3 FY25: revenue of $23.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$23.7B +2% year over year
Gross profit$9.1B 39% margin
Operating profit$4.6B 19% margin
Net profit$5.3B 22% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Jun 28, 2025).
ItemValueShare of revenueYear over year
Revenue 23.7 100% +2%
Subscription fees 5.6 24% +9%
Other 3.7 16%
Affiliate fees 3.7 16% −7%
Theme park admissions 3 13% +8%
Advertising 2.8 12% −15%
Retail and wholesale sales of… 2.4 10% +7%
Resorts and vacations 2.4 10%
Cost of revenue−14.561%
Gross profit9.139% margin+2pp
SG&A−4.118%+1pp
Other−0.42%+0pp
Operating profit4.619% margin+1pp
Interest & other costs−2
Net profit5.322%+11pp
Filing on EDGAR More quarters of DIS

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters