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[Alpha Biz= Paul Lee] August 6, 2025 – Burbank, California — The Walt Disney Company reported a sharp increase in net income for the fiscal third quarter of 2025, but revenues fell short of market expectations as its traditional television and film businesses continued to underperform.



For the quarter ending in June, Disney posted net income of $5.26 billion, up 100.8% from $2.62 billion a year earlier. Revenue grew 2% year-over-year to $23.65 billion, while operating income rose 8% to $4.6 billion.



The sharp rise in profit was largely driven by a one-time tax benefit from Disney’s full acquisition of Hulu. In July, Disney completed the purchase of Comcast's remaining stake in the streaming service for $438.7 million, which resulted in a $3.3 billion tax benefit.



Despite the profit boost, Disney’s legacy businesses continued to face challenges. The TV segment, which accounts for approximately 20% of the company's revenue, saw a 15% decline in sales, down to $2.27 billion. Operating profit in the segment plunged 28%, impacted by declining viewership and lower advertising rates.



Meanwhile, its film and content licensing division posted an operating loss of $21 million, following weak box office performance from high-budget projects such as Thunderbolts.



Shares of Disney closed down 2.74% at $115.17 on the New York Stock Exchange, as investors reacted to the mixed results.

 

 

 

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