The Walt Disney Company Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Oct '22 Oct 1, 2022	Oct '21 Oct 2, 2021
Revenue	95,716	94,425	91,361	88,898	82,722	67,418
Revenue Growth (YoY)	3.48%	3.35%	2.77%	7.47%	22.70%	3.10%
Cost of Revenue	60,029	58,766	58,698	59,201	54,401	45,131
Gross Profit	35,687	35,659	32,663	29,697	28,321	22,287
Selling, General & Admin	16,692	16,501	15,759	15,336	16,388	13,517
Depreciation & Amortization Expenses	5,366	5,326	4,990	5,369	5,163	5,111
Other Operating Expenses	676	819	3,595	3,092	237	654
Operating Income	12,953	13,013	8,319	5,900	6,533	3,005
Interest Expense	-1,213	-1,305	-1,260	-1,209	-1,397	-1,406
Other Non-Operating Income (Expense)	296	295	510	878	149	962
Total Non-Operating Income (Expense)	-917	-1,010	-750	-331	-1,248	-444
Pretax Income	12,036	12,003	7,569	5,569	5,285	2,561
Provision for Income Taxes	-1,235	-1,428	1,796	1,379	1,732	25
Net Income	12,252	12,404	4,972	2,354	3,145	1,995
Minority Interest in Earnings	1,019	1,027	801	1,036	360	512
Earnings From Discontinued Operations	-	-	-	-	-48	-29
Net Income to Common	12,252	12,404	4,972	2,354	3,145	1,995
Net Income Growth	118.20%	149.48%	111.22%	-25.15%	57.64%	-
Shares Outstanding (Basic)	1,798	1,804	1,825	1,828	1,822	1,816
Shares Outstanding (Diluted)	1,805	1,811	1,831	1,830	1,827	1,828
Shares Change (YoY)	-1.12%	-1.09%	0.06%	0.16%	-0.06%	1.11%
EPS (Basic)	6.80	6.88	2.72	1.29	1.72	1.10
EPS (Diluted)	6.80	6.85	2.72	1.29	1.72	1.09
EPS Growth	121.50%	151.84%	110.85%	-25.00%	57.80%	-
Free Cash Flow	7,060	10,077	8,559	4,897	1,059	1,988
Free Cash Flow Growth	-29.94%	17.74%	74.78%	362.42%	-46.73%	-44.69%
Free Cash Flow Per Share	3.91	5.56	4.67	2.68	0.58	1.09
Dividends Per Share	1.500	1.500	1.450	0.300	-	-
Dividend Growth	-	3.45%	383.33%	-	-	-
Gross Margin	37.28%	37.76%	35.75%	33.41%	34.24%	33.06%
Operating Margin	13.53%	13.78%	9.11%	6.64%	7.90%	4.46%
Profit Margin	13.86%	14.22%	6.32%	3.81%	8.53%	7.48%
FCF Margin	7.38%	10.67%	9.37%	5.51%	1.28%	2.95%
EBITDA	18,319	18,339	13,309	11,269	11,696	8,116
EBITDA Margin	19.14%	19.42%	14.57%	12.68%	14.14%	12.04%
EBIT	12,953	13,013	8,319	5,900	6,533	3,005
EBIT Margin	13.53%	13.78%	9.11%	6.64%	7.90%	4.46%
Effective Tax Rate	-10.26%	-11.90%	23.73%	24.76%	32.77%	0.98%

Updated Dec 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.