Form 10-Q · Quarterly report
The Walt Disney Company 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0001744489
- Accession no.
- 0001744489-26-000057
Summary
The Walt Disney Company reported a 7% increase in quarterly revenue to $25.2 billion for the quarter ended June 27, 2026, while net income attributable to Disney fell to $2.6 billion from $5.3 billion a year earlier. Disney attributed the decline mainly to the prior-year quarter's $3.3 billion non-cash tax benefit from a change in Hulu's U.S. income tax classification and to an $812 million impairment of its investment in A+E.
Key points
- Diluted earnings per share attributable to Disney was $1.51 for the quarter, down from $2.92 a year earlier; nine-month EPS was $4.12 versus $6.12.
- Quarterly restructuring and impairment charges of $900 million included $812 million for the A+E investment impairment and $88 million for severance.
- Nine-month revenue rose to $76.4 billion from $72.0 billion, while nine-month net income attributable to Disney fell to $7.3 billion from $11.1 billion.
- Quarterly service revenue growth included an approximately 2 percentage point favorable impact from the Fubo and NFL transactions.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations ORGANIZATION OF INFORMATION Management’s Discussion and Analysis provides a narrative of the Company’s financial performance and condition that should be read in conjunction with the accompanying financial statements. It includes the following sections: •Consolidated Results •Current Quarter Results Compared to Prior-Year Quarter •Current Nine-Month Period Results Compared to Prior-Year Nine-Month Period •Seasonality •Business Segment Results •Corporate and Unallocated Shared Expenses •Financial Condition •Market Risk •Commitments and Contingencies •Other Matters •Supplemental Guarantor Financial…
An excerpt of the text as filed with the SEC, cut for length.
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