The Walt Disney Company (VIE:DIS)

The Walt Disney Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021
Revenue	94,425	91,361	88,898	82,722	67,418
Revenue Growth (YoY)	3.35%	2.77%	7.47%	22.70%	3.10%
Cost of Revenue	58,766	58,698	59,201	54,401	45,131
Gross Profit	35,659	32,663	29,697	28,321	22,287
Selling, General & Admin	16,240	15,355	14,996	16,326	13,684
Operating Expenses	21,566	20,345	20,365	21,489	18,795
Operating Income	14,093	12,318	9,332	6,832	3,492
Interest Expense	-1,812	-2,070	-1,973	-1,549	-1,546
Interest & Investment Income	246	406	424	90	307
Earnings From Equity Investments	295	575	782	816	761
Other Non Operating Income (Expenses)	-	-65	-73	-4	-
EBT Excluding Unusual Items	12,822	11,164	8,492	6,185	3,014
Merger & Restructuring Charges	-	-	-	-237	-654
Impairment of Goodwill	-	-1,287	-721	-	-
Gain (Loss) on Sale of Investments	-635	-158	28	-663	201
Asset Writedown	-184	-2,150	-3,030	-	-
Pretax Income	12,003	7,569	4,769	5,285	2,561
Income Tax Expense	-1,428	1,796	1,379	1,732	25
Earnings From Continuing Operations	13,431	5,773	3,390	3,553	2,536
Earnings From Discontinued Operations	-	-	-	-48	-29
Net Income to Company	13,431	5,773	3,390	3,505	2,507
Minority Interest in Earnings	-1,027	-801	-1,036	-360	-512
Net Income	12,404	4,972	2,354	3,145	1,995
Net Income to Common	12,404	4,972	2,354	3,145	1,995
Net Income Growth	149.48%	111.22%	-25.15%	57.64%	-
Shares Outstanding (Basic)	1,804	1,825	1,828	1,822	1,816
Shares Outstanding (Diluted)	1,811	1,831	1,830	1,827	1,828
Shares Change (YoY)	-1.09%	0.06%	0.16%	-0.06%	1.11%
EPS (Basic)	6.88	2.72	1.29	1.73	1.10
EPS (Diluted)	6.85	2.72	1.29	1.72	1.09
EPS Growth	151.84%	111.22%	-25.29%	57.54%	-
Free Cash Flow	10,077	8,559	4,897	1,067	1,989
Free Cash Flow Per Share	5.56	4.67	2.68	0.58	1.09
Dividend Per Share	1.250	0.950	0.300	-	-
Dividend Growth	31.58%	216.67%	-	-	-
Gross Margin	37.76%	35.75%	33.41%	34.24%	33.06%
Operating Margin	14.92%	13.48%	10.50%	8.26%	5.18%
Profit Margin	13.14%	5.44%	2.65%	3.80%	2.96%
Free Cash Flow Margin	10.67%	9.37%	5.51%	1.29%	2.95%
EBITDA	19,419	17,308	14,701	11,995	8,603
EBITDA Margin	20.57%	18.95%	16.54%	14.50%	12.76%
D&A For EBITDA	5,326	4,990	5,369	5,163	5,111
EBIT	14,093	12,318	9,332	6,832	3,492
EBIT Margin	14.92%	13.48%	10.50%	8.26%	5.18%
Effective Tax Rate	-	23.73%	28.92%	32.77%	0.98%
Revenue as Reported	94,425	91,361	88,898	82,722	67,418

Source: S&P Global Market Intelligence. Standard template. Financial Sources.