Disney is always dropping new announcements, and it just shared a bunch, mostly about how the company is doing financially.

Recently, Disney released its fourth-quarter fiscal year 2025 earnings report and held its earnings call. The Walt Disney Company shared new information about Disney+, the theme parks, and more. Ready to learn more?

Financial Results

First up, we’ve got a glimpse at Disney’s financial overview. Revenues for Q4 were similar to Q4 2024 with $22.5 billion. Things actually improved year-to-year, with a 3% increase for the fiscal year, totalling $94.4 billion in revenue. Pre-tax income also increased from last year, with a fiscal year total of $12.0 billion.

For the various segments of the company in Q4, Entertainment had an increase in operating income, while the Sports division saw a loss as compared to Q4 of last year. Experiences had a record full-year operating income of $10 billion.

Disney+, Streaming, and Entertainment

Of course, everyone’s usually curious about the updated Disney+ subscriber count. As of September 27th, 2025, it sits at 131.6 million. That’s a 3% increase in subscriber count during Q4 2025 alone. Hulu is now at 64.1 million subscribers.  

As far as film success goes, Disney reported that the live-action Lilo & Stitch remains the highest-grossing Hollywood film at any global box office this calendar year. It also got 14.3 million views in its earliest days on Disney+, which is the streaming service’s largest premiere ever.

Perhaps one of the most interesting notes from the call is that Iger shared a hope to use AI in the future to make “Disney+ a portal to all things Disney.” The idea is that it would create opportunities for commerce, engagement for people to go to the parks and cruises, games, and EPIC integration. They also plan to use AI to provide users with an engaging experience, including the opportunity to create and consume user-generated content.

Coming soon, Disney is hoping for success with Zootopia 2, Avatar: Fire & Ash, and The Devil Wears Prada 2. Strong television contenders this quarter were High Potential and Alien: Earth, as well as Dancing with the Stars and Tempest.

Disney Experiences (Theme Parks, Cruise Line, Merchandise)

Disney Experiences covers our favorite theme parks, cruise ships, and merchandise. Operating income increased at Disney Experiences as compared to 2024, largely attributed to growth with Disney Cruise Line. Disney CEO Bob Iger reports that demand for the cruise line is high currently, despite increasing capacity with multiple new ships (the Disney Treasure launched in Q1 2025).

Iger also noted during the Q&A session that Disney Cruise Line has the highest guest satisfaction of any of the vacation offerings throughout the company.

The Disney Destiny will have its maiden voyage on November 20th, 2025, and the Disney Adventure will be on March 10th, 2026, making these two cruise ships the newest additions to the lineup. There are more ships on the way, expanding Disney Cruise Line, and increasing the number of guests that can be on board.

Looking into 2026 with the parks, Iger shared that advance bookings are up 3% for Q1, and they’re up for the year overall, so they have a positive outlook on attendance. He even noted that the opening of Universal Epic Universe has seemed to affect Disney’s competitors more than it has affected Disney World. The changes in attendance they noticed due to the park opening were in line with expectations.

There are also major Disney Parks expansions, including four new lands coming to Disney World, a large expansion in Disneyland, a makeover for Disneyland Paris, and a whole new park coming to Abu Dhabi.

ESPN

Recently, Disney launched the full ESPN direct-to-consumer service, and so far, the response has been good from fans. The app includes multiview and sports betting, and has attracted new viewership in line with Disney’s goals. They strive to get people to stay in the bundle rather than using linear channels, and this has helped achieve that.

It’s attracting more advertising, and the algorithm has been useful for users. Bob Iger called it “a step in the direction of solidifying ESPN’s future.” So far, about 80% of signups have been for the trio bundle.

Why is all of this important? It gives us a true insight into how the Walt Disney Company is doing. It can show clues as to what they’re working on next and what areas they want to focus on. We know sometimes the numbers seem like the unimportant part to the consumer, but it all connects to your experience in the parks, on the cruise ships, and watching your favorite movies.

Make sure you keep following Disney Food Blog for more of the latest updates.

ALL THE NEW RIDES AND ATTRACTIONS AT DISNEY WORLD IN 2025 AND BEYOND

What do you think about these updates? Tell us your thoughts in the comments.