Citable filing context

DIS filing events and research context

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DIS's research view summarizes recent SEC filing context, starting with earnings from Aug 5, 2026.

DIS filing events and research context
FiledItemContext
Aug 5, 2026earningsThe Walt Disney Company reported fiscal Q3 2026 revenue of $25.2 billion, a 7% increase year-over-year.
May 6, 2026earningsDisney reported Q2 2026 revenue of $25.2 billion, a 7% increase from Q2 2025.
Mar 20, 2026management_changeWalt Disney Co appointed Josh D’Amaro as a Director to its Board, effective March 18, 2026.
Aug 5, 2026Guidance: adjusted_eps_growth16.00 to 16.00
Aug 5, 2026Guidance: adjusted_eps_growth10.00 to not reported
Aug 5, 2026Guidance: capital_expenditures9000.00 to 9000.00
Aug 5, 2026mda_quarterlyFor the quarter ended June 27, 2026, The Walt Disney Company reported revenues of $25.2 billion, a 7% increase year-over-year, driven by growth in the Experiences and Entertainment segments. Net income attributable to Disney fell to $2.6 billion from $5.3 billion in the prior-year quarter, primarily due to a significant non-cash tax benefit recognized in the prior period related to Hulu’s U.S. tax classification and a $812 million impairment charge on the company’s investment in A+E Global Media. The Entertainment segment saw operating income rise 64% to $1.7 billion, bolstered by higher subscription and affiliate fees, including impacts from the Fubo and NFL transactions. Conversely, Sports segment operating income declined 17% to $858 million, as revenue gains were offset by increased programming and production costs, including contractual rate hikes and new sports rights. The Experiences segment remained a strong performer, with operating income up 20% to $3.0 billion, fueled by higher theme park attendance and increased cruise ship capacity following the launches of the *Disney Destiny* and *Disney Adventure*. The company continues to manage significant legal exposure, including ongoing securities class actions and antitrust litigation related to its streaming and carriage agreements.
May 6, 2026mda_quarterlyRevenues for the quarter ended March 28, 2026, increased 7% to $25.2 billion, while net income attributable to Disney decreased to $2.2 billion, primarily due to a significant tax benefit recognized in the prior-year period. Growth was bolstered by the Fubo and NFL transactions, which expanded the company's vMVPD and sports media reach. The Entertainment segment saw a 10% revenue increase to $11.7 billion, driven by higher subscription fees and the theatrical performance of Zootopia 2 and Avatar: Fire and Ash. The Experiences segment grew 7% to $9.5 billion, fueled by domestic park growth and the launch of the Disney Destiny and Disney Adventure cruise ships. Conversely, Sports operating income declined 5% to $652 million as rising programming and production costs offset revenue gains. Disney projects fiscal 2026 capital expenditures of $9 billion and content spending of $24 billion, while targeting $8 billion in share repurchases. Key financial risks include inflationary pressures on operating labor and ongoing antitrust litigation involving DISH and the Unger Action. The company maintains a strong liquidity position with $12.25 billion in unused bank facilities to fund these strategic investments and obligations.

Source: SEC EDGAR filing text and events; period Aug 5, 2026; filed Aug 5, 2026.

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