The Walt Disney Company (DIS) reported significant growth in its streaming and theme park operations in its fourth-quarter fiscal 2025 results. Streaming’s operating income reached $352 million, a 39% increase year-over-year, contributing to a full-year operating income of $1.3 billion—an impressive recovery from a $4 billion loss three years ago. At the end of the quarter, Disney+ and Hulu combined subscriptions totaled 196 million, up 12.4 million from the previous quarter.
The Experiences segment, which includes theme parks, also performed strongly with a record operating income of $1.9 billion for the quarter, a 13% increase. Full-year operating income for this segment was $10 billion, representing an 8% increase. Despite a slight 1% dip in domestic park attendance, guest spending rose by 5%, and Disney projects continued growth in operating income for fiscal 2026.
Comcast’s Universal parks reported a 19% revenue increase to $2.72 billion, aided by the opening of Epic Universe. However, Six Flags Entertainment saw a slight attendance increase of 1%, but a 2% revenue decline to $1.32 billion due to changing spending patterns among guests.
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