Walt Disney Company
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Walt Disney Company (DIS). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|
| Entertainment Segment | $10.87B 44.0% | $10.68B 45.2% | $10.70B 45.3% | $11.61B 44.7% | $11.72B 46.5% · +7.8% | $11.35B 44.9% · +6.2% |
| Experiences Segment | $9.42B 38.1% | $8.89B 37.6% | $9.09B 38.4% | $10.01B 38.5% | $9.49B 37.7% · +0.8% | $9.97B 39.5% · +12.1% |
| Sports Segment | $4.85B 19.6% | $4.53B 19.2% | $4.31B 18.2% | $4.91B 18.9% | $4.61B 18.3% · -5.0% | $4.50B 17.8% · -0.7% |
| Segment Eliminations | -$447.0M -1.8% | -$484.0M -2.0% | -$448.0M -1.9% | -$543.0M -2.1% | -$643.0M -2.6% · -43.8% | -$565.0M -2.2% · -16.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|
| Entertainment Segment | $1.70B 15.7% | $1.26B 11.8% | $1.02B 9.5% | $1.10B 9.5% | $1.34B 11.4% | $1.68B 14.8% |
| Experiences Segment | $3.11B 33.0% | $2.49B 28.0% | $2.52B 27.7% | $3.31B 33.1% | $2.62B 27.6% | $3.02B 30.3% |
| Sports Segment | $247.0M 5.1% | $687.0M 15.2% | $1.04B 24.1% | $191.0M 3.9% | $652.0M 14.1% | $858.0M 19.1% |
| Segment Eliminations | – | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|
| Americas | $19.88B 80.5% | $19.49B 82.5% | $19.16B 81.0% | $20.86B 80.3% | $20.40B 81.1% · +2.6% | $20.06B 79.4% · +2.9% |
| Europe | $2.86B 11.6% | $2.45B 10.4% | $2.83B 12.0% | $3.08B 11.9% | $2.85B 11.3% · +0.0% | $3.18B 12.6% · +29.6% |
| Asia Pacific | $1.95B 7.9% | $1.69B 7.1% | $1.66B 7.0% | $2.04B 7.9% | $1.92B 7.6% · -1.9% | $2.01B 8.0% · +19.4% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Remaining performance obligations
Remaining performance obligations are the part of the business already sold but not yet delivered and therefore not yet booked as revenue. In subscription and project businesses it points the way earlier than revenue does.
| As of | Remaining performance obligations |
|---|---|
| Q2 2026 | $16.00B |
| Q1 2026 | $17.00B |
| Q4 2025 | $16.00B |
| Q3 2025 | $16.00B |
| Q2 2025 | $16.00B |
| Q1 2025 | $15.00B |
| Q4 2024 | $15.00B |
| Q3 2024 | $16.00B |
Operating metrics
Operating metrics are the figures a company uses to measure its own business — customer counts, stores, deliveries or the churn rate. None of them appear in the financial statements, and they often explain earlier than revenue does why revenue is moving.
| Metric | Q2 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Domestic Available Hotel Room Nights | 2.6M | 2.6M | 2.6M | 2.6M +0.0% |
| International Available Hotel Room Nights | 791,000 | 797,000 | 786,000 | 797,000 +0.8% |
| Domestic Hotel Occupancy | 86.0% | 87.0% | 89.0% | 91.0% +5.8% |
| International Hotel Occupancy | 87.0% | 87.0% | 86.0% | 85.0% -2.3% |
| International Per Capita Guest Spending Growth | 2.0% | 2.0% | 1.0% | 7.0% +250.0% |
| Domestic Per Capita Guest Spending Growth | 8.0% | 4.0% | 5.0% | 4.0% -50.0% |
| Domestic Change in Per Room Guest Spending | – | 4.0% | 7.0% | 3.0% |
| International Park Attendance Growth | 1.0% | 6.0% | 4.0% | – |
These metrics are not part of the financial statements; they sit in the narrative text of the filings. We read them out of the SEC filings using artificial intelligence and check every single figure against the original passage in the report; anything that is not found there verbatim is discarded. Source: SEC EDGAR (annual and quarterly reports, 10-K/10-Q).
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: September 22, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.