On May 7, 2025, The Walt Disney Company announced its Q2 2025 financial results, revealing a 7% year-over-year (YoY) increase in revenue to $23.62 billion. This growth was driven by strong performances across multiple segments, including its parks and resorts, and streaming services.
Key Financial Highlights
Revenue: $23.62 billion, up 7% YoY.
Adjusted EPS: $1.45, a 20% increase YoY.
Net Income: $3.4 billion, compared to $216 million in the same period last year.
Segment Performance
Parks and Resorts
Disney’s parks and resorts segment saw a 9% increase in revenue to $8.89 billion. The domestic parks in the US, particularly in California and Florida, reported strong visitor numbers and holiday package sales. However, international parks, such as those in Shanghai and Hong Kong, faced challenges due to macroeconomic pressures.
Streaming Services
Disney’s streaming services, including Disney+ and Hulu, continued to grow. Disney+ added 1.4 million subscribers in Q2, bringing its total to 126 million. Hulu also saw a 9% increase in subscribers to 54.7 million. The company reported a profit of $336 million from its streaming services, a significant increase from the $47 million reported in the same period last year.
Media Networks
Disney’s media networks segment, which includes ESPN, saw a 5% increase in revenue to $4.53 billion. This growth was driven by higher advertising revenues and subscriber fees.
Future Outlook
Disney has raised its full-year adjusted EPS forecast to $5.75, up from the previous estimate of $5.30. This increase reflects the company’s confidence in its continued growth in parks and resorts, as well as its streaming services. Disney also announced plans to build a new theme park in Abu Dhabi, marking its seventh global theme park.
Market Reaction
Disney’s stock price surged over 10% following the release of its Q2 results. Investors were particularly encouraged by the company’s strong financial performance and its upward revision of full-year earnings expectations.
Conclusion
Disney’s Q2 results highlight the company’s robust performance across its key segments. The growth in parks and resorts, coupled with the continued expansion of its streaming services, positions Disney well for future success. As the company looks ahead, its strategic investments in new parks and content creation are expected to drive further growth and solidify its position in the entertainment industry.
