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Disney (DIS) reported a significant turnaround in their third-quarter fiscal 2025 results, achieving an operating income of $346 million in their streaming segment, a recovery from previous losses. This report, released in August 2025, also indicated the addition of 2.6 million net subscribers, bringing total subscriptions for Disney+ and Hulu to 183 million, with 128 million for Disney+ alone. Management has raised their operating income forecast for the streaming segment in fiscal 2025 to $1.3 billion.
In the Experiences segment, operating income increased by 13% to $2.5 billion, driven largely by Disney’s domestic parks, which saw a 22% year-over-year rise, totaling $1.7 billion. As part of its ongoing expansion, Disney Cruise Line debuted the Disney Destiny ship on November 2, 2025, adding capacity for approximately 4,000 passengers and featuring Marvel-themed attractions.
Looking ahead, Disney forecasts over 10 million new subscriptions in the fourth quarter of fiscal 2025, primarily due to an expanded deal with Charter Communications. The parks segment is expected to achieve an 8% operating income growth in fiscal 2025, amidst competitive pressures from companies like Netflix and Amazon in the evolving entertainment landscape.
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