The Walt Disney Company said revenues for the quarter ended March 29, 2025 increased 7%, or $1.5 billion, to $23.6 billion; net income attributable to Disney increased to $3.3 billion compared to a loss of $20 million in the prior-year quarter; and diluted earnings per share attributable to Disney increased to $1.81 compared to a loss of $0.01 in the prior-year quarter.

1. 01

   The Walt Disney Company said revenues for the quarter ended March 29, 2025 increased 7%, or $1.5 billion, to $23.6 billion; net income attributable to Disney increased to $3.3 billion compared to a loss of $20 million in the prior-year quarter; and diluted earnings per share attributable to Disney increased to $1.81 compared to a loss of $0.01 in the prior-year quarter.

2. 02

   The company cited the comparison to goodwill impairments in the prior-year quarter, a non-cash benefit from the resolution of a prior-year tax matter in the current quarter and higher operating income at Entertainment and Experiences as factors in the EPS increase. Restructuring and impairment charges in the current quarter were $109 million compared to $2,052 million in the prior-year quarter.

3. 03

   The Walt Disney Company said it completed the Star India Transaction with RIL on November 14, 2024, following which it began recognizing its 37% share of the India joint venture's results in 'Equity in the income of investees.' Income from equity investees decreased to $36 million from $141 million, a decrease of $105 million, which the company attributed to losses from the India joint venture in the current quarter.

4. 04

   The Walt Disney Company said revenues for the 6 months ended March 29, 2025 increased $2.7 billion to $48.3 billion; net income attributable to Disney increased $3.9 billion to $5.8 billion; and diluted earnings per share increased to $3.21 from $1.03.

Key figures

Quarter ended March 29, 2025

Revenue

$23.6B

Operating income

$4.4B

Net income

$3.3B

EPS

$1.81

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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