Disney has just dropped some MAJOR updates, and we’ve got to share them with you!
On August 6th, 2025, Disney released its earnings report and held its earnings call for the third quarter of fiscal year 2025. The Company shared updates about Disney+, how the Disney theme parks are doing financially, and MUCH more. Want to know all the latest news? You’re in the right place! Let’s dive into the updates!
1 — Financial Results – Overview
First, we have the financial overview. Disney has shared some numbers that show, as a whole, how the Company is doing financially. For Q3, Disney revealed that revenue increased by 2% and income before taxes increased by 4%.
By comparison, for Q2, Disney revealed that revenues were $23.6 billion, segment operating income was $4.4 billion, and diluted earnings per share (EPS) were $1.81.
That’s a big-picture look at the numbers. Now, let’s dive into the different divisions of the Walt Disney Company to see how those are doing.
2 — Disney+
Next up, we have Disney+. Disney has shared that the total number of paid subscribers for Disney+ is now 183 million.
Disney has also noted that the average monthly revenue per paid subscriber is now $8.09, and operating income for direct-to-consumer as a whole is $346 million.
By comparison, in Q2, Disney shared that Disney+ had 126 million subscribers, and Direct-to-Consumer operating income was $336 million.
During past updates, Disney has shared that pricing for Disney+ will steadily increase over a period of years, though dramatic price increases are not planned. Things are subject to change, though. We’ve also seen Disney updating its Disney+ library with things like “WHAT YOU NEED TO KNOW” and the live-action Snow White. We’ll continue to watch for updates about the Disney+ service and bring you all the latest.
Click here to see some perks YOU can get as a Disney+ subscriber!
3 — Disney Experiences (Theme Parks, Cruise Line, Merchandise)
Next, let’s tackle the Disney Experiences division, which covers Disney’s theme parks, Disney Cruise Line, and merchandise. For Q3, Disney shared that segment operating income increased by $294 million, for a total of $2.5 billion, and operating income grew 22% to $1.7 billion.
By comparison, during Q2, segment operating income was $2.5 billion, and the Domestic Parks & Experiences’ operating income was $1.8 billion.
Disney had previously revealed that bookings were up for the summer. But, interestingly, we have seen Disney running several promotions and deals, like offering gift cards for those who purchase new Annual Passes.
Major changes are on the way for the Disney theme parks (especially Disney World), including a new Cars-themed area in Magic Kingdom, a Villains Land in Magic Kingdom, a Monsters, Inc.-themed land in Hollywood Studios, and Pueblo Esperanza in Animal Kingdom. Plus, there are changes planned for Disneyland and more cruise ships in the works. It’ll be interesting to see how all of that change impacts attendance. We’ll be watching for updates!
Click here to see ALL the new rides and attractions coming to Disney World in 2025 (and beyond)
There weren’t too many updates on Disney Cruise Line, but it was mentioned that the launch of the Disney Treasure in the first quarter of the year helped increase the volume of passenger cruise dates and occupied rooms. There was also an increase in costs due to the fleet expansion.
Click here to learn about the Disney Cruise Line fleet expansion
4 — ESPN
Disney also shared an update about ESPN. For Q3, Disney announced that the segment’s operating income was $1.0 billion, an increase of $235 million.
By comparison, during Q2, ESPN had a segment operating income of $687 million.
New things are in the works for ESPN, with Disney working on a new streaming service for ESPN, which is set to launch on August 21st.
5 — More!
A final word from the CEO of the Walt Disney Company, Bob Iger: “The company is taking major steps forward in streaming with the upcoming launch of ESPN’s direct-to-consumer service, our just announced plans with the NFL, and our forthcoming intergration of Hulu into Disney+, creating a truly differentiated streaming proposition that harnesses the highest-caliber brands and franchises, general entertainment, family programming, news and industry-leading sports content. And we have more expansions underway around the world in our parks and experiences than at any other time in our history.”
During the last earnings call, Disney dropped some MAJOR news about a new theme park they’ll be building in Abu Dhabi. This earnings call, we didn’t get quite that big of an announcement, but we still learned about the Company’s current financial status and just how each of its divisions is doing.
Why is that important? Well, it gives us a HUGE insight into what is doing well (and what’s not doing well) for Disney right now. That can clue us into what steps they might take next — what areas they may want to focus on and invest more in, how prices may increase or otherwise change in the coming months/years, etc.
While at first this might seem like stuff that’s far removed from the interactions you have with Mickey Mouse on Main Street, U.S.A., or the show you’re watching on Disney+, it’s all connected and crucial to the operation of the Company that makes those moments happen. And now you’re a true Disney expert since you’ve caught up on all that big news — LOOK AT YOU GO! (Now go show all your friends how smart you are!)
As always, we’ll continue to watch for the latest updates from the Disney Company, so stay tuned for more news.
In the meantime, click here to see 20 BIG changes Disney has already announced for 2026
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