The operating income of Disney's direct-to-consumer business, including the streaming services Disney+, Hulu, and ESPN+, amounted to *** million U.S. dollars in the fourth quarter of 2025, marking considerable growth from the same quarter of the previous year. Like other U.S.-based media companies, Disney has struggled to make positive profits with its streaming division. As a result, the company announced cost-cutting measures, such as layoffs, reducing programming costs, as well as increasing subscription prices. In addition, the company formed a joint venture with Reliance Industries Limited in November 2024, transferring majority control of its Star India business, including Disney+ Hotstar.
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Walt Disney. (November 13, 2025). Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 4th quarter 2025 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1402610/operating-income-disney-d2c/
Walt Disney. "Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 4th quarter 2025 (in million U.S. dollars)." Chart. November 13, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1402610/operating-income-disney-d2c/
Walt Disney. (2025). Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 4th quarter 2025 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1402610/operating-income-disney-d2c/
Walt Disney. "Operating Income/Loss of The Walt Disney's Direct-to-consumer Business from 2nd Quarter 2021 to 4th Quarter 2025 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Nov 2025, /statistics/1402610/operating-income-disney-d2c/
Walt Disney, Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 4th quarter 2025 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1402610/operating-income-disney-d2c/ (last visited July 21, 2026)
Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 4th quarter 2025 (in million U.S. dollars) [Graph], Walt Disney, November 13, 2025. [Online]. Available: /statistics/1402610/operating-income-disney-d2c/
