Disney Experiences Had Its Best Fiscal Year EVER
Wall Street’s attention was once again fixated on The Walt Disney Company this morning, as Bob Iger presented its FY2025 Q4 results.
While overall, Disney’s earnings were a mixed bag for investors, Disney Experiences delivered a stellar quarter. In fact, the unit delivered record income!
Walt Disney Company
Diving into the numbers, Disney Experiences saw revenue increase 6% last quarter to $8.766 billion. For fiscal year 2025, the unit generated $36.156 billion in revenue.
Operating income, on the other hand, was up 13% last quarter to $1.878 billion. For the year, Disney Experiences generated $9.995 billion, accounting for roughly 57% of the company’s operating income.
Photo: Disney
Here is how those figures broke down.
A Good Year For Domestic Parks
While attendance was down 1% at the domestic parks, Walt Disney World and Disneyland had a strong year.
Domestic Parks & Experiences’ operating income grew 9% to $920 million.
Disney
“In addition, we continue to add value for our guests, resulting in strong customer satisfaction, ”Iger and Johnson. “Despite increased competition in the marketplace, Walt Disney World and Disneyland remain the two most visited theme parks in the world, offering an unparalleled guest experience.”
Spaceship Earth
As the Disney executives note, the record-breaking year for Disney Experiences came even as Epic Universe opened in Florida.
International Parks Shine
Internationally, the Disney Parks saw their attendance increase by 1% last quarter, and their operating results increased versus the prior year.
Photo: Disney
Overall, International Parks & Experiences’ operating income grew 25% to $375 million.
According to Disney, this growth was primarily driven by higher attendance, increased guest spending, and higher costs attributable to new guest offerings.
The Disney Cruise Line Continues To Expand
Finally, there is the Disney Cruise Line.
As we have previously reported, the Disney Cruise Line is expanding in exciting new ways. With the Disney Treasure now sailing and the Disney Destiny debuting this month, Disney has drastically increased its cruise line capacity.
Disney Destiny
Despite this, the Disney Cruise Line has seen demand continue to grow and an increase in passenger cruise days.
Last year, these gains were partially offset by the launch of the Disney Treasure.
The Best Is Yet To Come
Even as Disney Experiences delivers record-breaking income, the unit is preparing to expand in exciting new directions.
Photo: Disney
With major projects underway at Walt Disney World, Disneyland Paris, and Disneyland Resort, the best is yet to come.
“With expansion projects underway at every one of our theme parks, five additional cruise ships scheduled for launch beyond fiscal 2026, and a new theme park planned for Abu Dhabi, the strategic investments we are making now will help ensure our offerings remain best-in-class and appeal to audiences worldwide well into the future,” Iger and Johnson said.
Photo: Disney
What an exciting time to be a Disney fan!
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