DIS · Walt Disney Co

The Walt Disney Company (NYSE:DIS) today reported earnings for its first quarter ended December 27, 2025. Financial Results for the Quarter: Revenues increased 5% for the quarter to $26.0 billion from $24.7 billion in Q1 fiscal 2025. Income before income taxes for Q1 of $3.7 billion was comparable to Q1 fiscal 2025. Total segment operating income (1) decreased 9% for the quarter to $4.6 billion from $5.1 billion in Q1 fiscal 2025. Diluted earnings per share (EPS) for Q1 decreased to $1.34 from $1.40 in Q1 fiscal 2025. Adjusted EPS (1) for Q1 decreased to $1.63 from $1.76 in Q1 fiscal 2025. Key Points: Entertainment: Revenue increased 7% compared to Q1 fiscal 2025. Operating income (OI) declined $0.6 billion to $1.1 billion, resulting in Entertainment segment operating margin of 9.5%, as higher programming and production and marketing costs in the quarter more than offset an increase in subscription and affiliate fees and higher theatrical revenue SVOD (2) revenue increased 11%

Benjamin Swinburne has been named Executive Vice President of Investor Relations and Corporate Strategy for The Walt Disney Company (NYSE: DIS), it was announced today by Hugh F. Johnston, Senior Executive Vice President and Chief Financial Officer. Swinburne will join Disney in the near future and report directly to Johnston. He has most recently served as Managing Director and Head of US Media and Telecom & Cable Services Research at Morgan Stanley. “Ben has been one of the industry’s most respected media analysts and brings deep insight into the evolving global entertainment landscape,” said Johnston. “His analytical rigor, strategic perspective, and long-standing knowledge of our business and broader industry make him an exceptional addition to our team as we continue to execute against our long‑term vision and deliver sustained value for our shareholders.” In this new role, Swinburne will lead Disney’s investor relations function, communicating the company’s financial

The Walt Disney Company (NYSE: DIS) today announced the creation of a new enterprise marketing and brand organization designed to align the company’s industry-leading marketing teams more closely across its businesses and strengthen how Disney connects with consumers around the world. Asad Ayaz has been named Chief Marketing and Brand Officer of The Walt Disney Company and will lead the organization. Asad Ayaz (photo credit: Jennelle Fong) The new enterprise marketing organization will harness the collective strength of marketing teams across the company to support a more connected approach to how Disney reaches audiences, elevates its campaigns, and advances the business goals of each segment and the company as a whole. “Over more than two decades at the company – and as Disney’s first-ever Chief Brand Officer – Asad has helped bring the magic of Disney to life for millions through his exceptional leadership,” said The Walt Disney Company’s CEO Bob Iger. “As our businesses have

The Walt Disney Company (NYSE: DIS) will host a live audio webcast to discuss fiscal first quarter 2026 financial results beginning at 8:30 a.m. ET / 5:30 a.m. PT on Monday, February 2, 2026. Disney will release results before the opening of regular trading on February 2, 2026 and post earnings materials at www.disney.com/investors . To listen to the webcast, please visit www.disney.com/investors . The webcast will be archived. Materials and webcast may include forward-looking information. Carlos Gómez Investor Relations (818) 560-1933 David Jefferson Corporate Communications (818) 560-4832 Source: The Walt Disney Company