FOR IMMEDIATE RELEASE Exhibit 99.1 November 13, 2025 THE WALT DISNEY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR EARNINGS FOR FISCAL 2025 BURBANK, Calif. – The Walt Disney Company today reported earnings for its fourth quarter and full year ended September 27, 2025. Financial Results for the Quarter and Full Year: Key Points: Total segment operating income and diluted EPS excluding certain items (also referred to as adjusted EPS) are non-GAAP financial measures. The most comparable GAAP measures are income ...

Core Insights - Streaming and experiences profits have increased, leading Disney to announce plans to return more cash to investors [1] Group 1: Financial Performance - Profits from streaming services and experiences have shown significant growth [1] - The company is focusing on enhancing shareholder returns through increased cash distributions [1]

Core Insights - Disney's strong performance in streaming, particularly a significant increase in subscribers, helped mitigate challenges faced by its film studio and advertising sales in the fiscal fourth quarter [1] Streaming Performance - The total number of subscribers for Disney+ and Hulu reached 196 million, with a year-over-year increase of 12.4 million, exceeding Wall Street's expectations by over 2 million [2] - Operating income in the direct-to-consumer segment rose by $99 million to $352 million, with an 8% increase in revenue [2] Financial Results - Adjusted earnings per share decreased to $1.11 from $1.14 in the previous year but still surpassed analysts' expectations by six cents [3] - Total revenue remained flat year-over-year at $22.5 billion, falling short of forecasts [3] Advertising and Studio Performance - A $40 million shortfall in political ad spending compared to the previous year impacted results [4] - The film studio faced challenges due to tough comparisons with the same quarter last year, which featured successful releases like Inside Out 2 and Deadpool & Wolverine [4] - Content Sales/Licensing and Other revenue declined by $368 million [4] Theme Parks and Corporate Division - The Experiences division, which includes theme parks, saw a modest revenue increase of 6% to $8.77 billion [5] - A significant carriage dispute with YouTube TV led to a two-week blackout, although this issue was not reflected in the quarterly report as it occurred after the quarter ended [5]

Core Insights - Walt Disney announced a 50% increase in its dividend and plans to double its share buyback program for fiscal 2026, driven by strong performance in its streaming and parks businesses [1] Financial Performance - The quarterly earnings exceeded expectations, indicating robust growth in both the streaming and parks segments [1] Strategic Initiatives - The decision to boost dividends and share buybacks reflects the company's confidence in its financial health and future growth prospects [1]

Financial Performance - The Walt Disney Company reported Q4 revenues of $22.5 billion, comparable to Q4 fiscal 2024, and a full year revenue increase of 3% to $94.4 billion from $91.4 billion [4][10] - Income before income taxes for Q4 increased to $2.0 billion from $0.9 billion in Q4 fiscal 2024, and for the year, it rose to $12.0 billion from $7.6 billion [4][10] - Diluted EPS for Q4 increased to $0.73 from $0.25 in Q4 fiscal 2024, while adjusted EPS decreased 3% for Q4 to $1.11 from $1.14 [4][10] Segment Performance - Total segment operating income decreased 5% for Q4 to $3.5 billion from $3.7 billion in Q4 fiscal 2024, but increased 12% for the year to $17.6 billion from $15.6 billion [4][10] - The Entertainment segment saw a full year operating income increase of 19% to $4.7 billion, but Q4 operating income decreased by $376 million to $691 million [4][10] - Direct-to-Consumer revenue increased 8% in Q4, with operating income rising by $99 million to $352 million [4][10] Subscriber Metrics - At the end of Q4, Disney+ and Hulu subscriptions reached 196 million, an increase of 12.4 million from Q3 fiscal 2025, with Disney+ subscribers increasing by 3.8 million [4][10] - Domestic Disney+ average monthly revenue per paid subscriber remained stable at $8.09, while international revenue per subscriber increased from $7.67 to $8.00 [21][22] Cash Flow and Investments - Cash provided by operations increased to $18.1 billion from $14.0 billion, with free cash flow rising to $10.1 billion from $8.6 billion [40][41] - Capital expenditures increased to $8.0 billion from $5.4 billion, driven by higher spending on cruise ship fleet expansion and new theme park attractions [43] Future Guidance - For fiscal year 2026, the company anticipates double-digit percentage segment operating income growth compared to fiscal 2025, with adjusted EPS also expected to grow by double digits [6][8] - The Board declared a cash dividend of $1.50 per share, payable in two installments [6][8]

Core Insights - The Walt Disney Company is set to release its fourth-quarter earnings on November 13, with analysts expecting earnings of $1.02 per share, a decrease from $1.14 per share in the same quarter last year [1] - The consensus estimate for Disney's quarterly revenue is $22.78 billion, an increase from $22.57 billion year-over-year [1] Business Developments - On October 29, Disney merged Fubo's business with its Hulu + Live TV service, creating the sixth-largest pay TV company in the U.S. with nearly 6 million subscribers in North America [2] - Following recent developments, Disney's shares increased by 1.6%, closing at $116.65 [2] Analyst Ratings - Rosenblatt analyst Barton Crockett maintains a Buy rating with a price target of $141, with an accuracy rate of 65% [5] - Needham analyst Laura Martin reiterated a Buy rating with a price target of $125, having an accuracy rate of 75% [5] - Evercore ISI Group analyst Vijay Jayant raised the price target from $134 to $140 while maintaining an Outperform rating, with an accuracy rate of 61% [5] - Morgan Stanley analyst Benjamin Swinburne raised the price target from $120 to $140 while maintaining an Overweight rating, with an accuracy rate of 75% [5] - UBS analyst John Hodulik raised the price target from $120 to $138 while maintaining a Buy rating, with an accuracy rate of 76% [5]

Core Insights - The Walt Disney Company is set to release its fourth-quarter earnings on November 13, with analysts expecting earnings of $1.02 per share, a decrease from $1.14 per share in the same quarter last year [1] - The consensus estimate for Disney's quarterly revenue is $22.78 billion, an increase from $22.57 billion in the previous year [1] Business Developments - On October 29, Disney merged Fubo's business with its Hulu + Live TV service, creating the sixth-largest pay TV company in the U.S. with nearly 6 million subscribers in North America [2] - Disney's shares increased by 1.6%, closing at $116.65 on Wednesday [2] Analyst Ratings - Rosenblatt analyst Barton Crockett maintains a Buy rating with a price target of $141 [5] - Needham analyst Laura Martin reiterated a Buy rating with a price target of $125 [5] - Evercore ISI Group analyst Vijay Jayant raised the price target from $134 to $140 while maintaining an Outperform rating [5] - Morgan Stanley analyst Benjamin Swinburne raised the price target from $120 to $140 while maintaining an Overweight rating [5] - UBS analyst John Hodulik raised the price target from $120 to $138 while maintaining a Buy rating [5]

So, what can we expect, Carter. >> Let's get right to it. Uh, you got five charts and they're identical.So, first one, >> which is so often the case, has nothing on it. It's the baseline. Let's put some things on it.So, uh, next iteration, what we know is that, of course, Disney uh, surged off its COVID low and then gave it all back. And what we have in technical pardon is a triple bottom annotated there. Uh the next iteration uh depicts another way to draw the lines which is to say this downtrend line in e ...

Core Insights - Walt Disney Co. is expected to report its fiscal fourth-quarter earnings, with analysts anticipating growth in its streaming business, theme parks, and sports segments [1][9] - Citi analysts have raised their price target for Disney stock to $145, highlighting investor focus on the streaming outlook and potential impacts from recent events [2][3] - A stronger-than-expected earnings report could enhance investor enthusiasm for Disney shares, which have underperformed compared to the S&P 500 this year [4][3] Financial Projections - Analysts project Disney will report earnings per share of $1.04, with revenue expected to rise less than 1% year-over-year to $22.75 billion, driven by direct-to-consumer and experiences segments [5] - Revenue from Disney's linear networks, including ABC and ESPN, is anticipated to decline compared to the previous year [5] Analyst Sentiment - Wall Street analysts are predominantly bullish on Disney stock, with all six analysts rating it a "buy" and a mean target price of $146, indicating a potential 25% upside from recent closing prices [6]

Core Insights - Disney is facing significant financial losses due to an ongoing carriage dispute with YouTube TV, costing the company tens of millions of dollars weekly [1][2] - The blackout of Disney channels, including ABC and ESPN, has lasted for 13 days, impacting YouTube TV subscribers [1][2] Financial Impact - Morgan Stanley estimates that the 14-day blackout will result in a $60 million revenue loss for Disney, translating to approximately $30 million per week or $4.3 million per day [2] - Each week of lost distribution is projected to decrease Disney's adjusted earnings per share (EPS) by $0.02 [3] Market Position - YouTube TV is identified as the third-largest multichannel provider in the U.S., highlighting its significance in the market [3] - Disney's stock is currently trading around $116 per share, with Morgan Stanley maintaining an overweight rating and a price target of $140 [6] Subscriber Compensation - In response to the blackout, YouTube TV is offering subscribers a $20 credit to compensate for the loss of Disney channels [6][7] Negotiation Status - Disney executives have indicated that YouTube TV is seeking preferential terms that are below market value, complicating negotiations [10] - Previous discussions aimed at restoring ABC for Election Day coverage were unsuccessful [10]