Disney (DIS) earnings Q3 2025

Introduction to Disney’s Fiscal Third-Quarter Earnings

A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Disney reports its fiscal third-quarter earnings before the bell on Wednesday, and Wall Street will be looking for updates on the state of its streaming, TV and movies businesses, as well as its theme parks.

Expected Earnings and Revenue

Here is what Wall Street expects Disney to report on Wednesday:

• Earnings per share: $1.47 expected
• Revenue: $23.73 billion expected

Focus on Streaming Business

Once again, the streaming business will be in focus. Investors are anticipating further updates on the company’s ESPN direct-to-consumer streaming service. ESPN has said it will launch the app this fall, but has yet to give a firm date. The streaming service, which will be named simply ESPN, will house all of the content from the network’s traditional TV channel and more. It will cost $29.99 a month.

Competition in Streaming Services

The move comes as more consumers exit the traditional pay TV bundle and switch to streaming. On Tuesday, Fox Corp announced its own direct-to-consumer streaming app, Fox One, would launch on August 21 and cost $19.99 per month.

Previous Earnings Report

During Disney’s last earnings report in May, the company upped some of its fiscal 2025 guidance and said it expected a modest rise in customers for streaming service Disney+. Disney said at the time its flagship service had 126 million global subscribers, exceeding analyst expectations for the period. Disney has previously reported that its streaming business has reached profitability, a metric that has outranked the importance of subscriber growth for media companies.

Expansion of Theme Parks and Resorts

Disney also announced in May that it reached a deal to bring a theme park and resort to Abu Dhabi — its seventh theme park resort as the company continues to expand internationally. Disney’s experiences business, which includes parks, cruises and resorts as well as consumer products, reported 6% year-over-year revenue growth last quarter. Domestic theme park revenue was up 9%, while international park revenue dipped 5%.

Conclusion

Disney’s fiscal third-quarter earnings report is highly anticipated, with a focus on the company’s streaming business, including updates on ESPN’s direct-to-consumer streaming service. The company’s theme parks and resorts business is also expected to show growth, with the announcement of a new theme park and resort in Abu Dhabi.

FAQs

• Q: What are the expected earnings per share for Disney’s fiscal third-quarter?
  A: $1.47 expected
• Q: What is the expected revenue for Disney’s fiscal third-quarter?
  A: $23.73 billion expected
• Q: When will ESPN’s direct-to-consumer streaming service launch?
  A: This fall, with a firm date yet to be announced
• Q: How much will ESPN’s direct-to-consumer streaming service cost?
  A: $29.99 a month
• Q: What is the name of Fox Corp’s new direct-to-consumer streaming app?
  A: Fox One
• Q: When will Fox One launch?
  A: August 21
• Q: How much will Fox One cost?
  A: $19.99 per month