DISWalt Disney
The Walt Disney Company, together with the subsidiaries through which businesses are conducted (the Company), is a diversified worldwide entertainment company with operations in three segments: Entertainment, Sports and Experiences. 10-K, Item 1
- Employees
- 231,000
- Headquarters
- Burbank, CA
- Next results
- around Nov 12, 2026
Key numbers
Latest fiscal year, with ten years behind eachWhat changed
10-K filed Nov 13, 2025 against Nov 14, 2024| Area | What changed | Source |
|---|---|---|
| Risk factors | 6 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Critical audit matters changed | New this year: Amortization of Production Costs Predominantly Monetized as a Group (“As described in Notes 2 and 7 to the consolidated financial statements, production costs that are predominantly monetized as a group (hereinafter referred to as “production costs”) are amortized based on projected usage. For the year ended September 27, 2025, the Company recognized $7,072 million of”). No longer listed: TABLE OF CONTENTS; Annual Goodwill Impairment Assessment - Entertainment Linear Networks and Direct-to-Consumer (DTC) Services Reporting Units | 10-K · XBRL |
| Accounting checks | 10 other checks clear, 1 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 0 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Nov 13, 2025Paragraphs in Risk Factors that were not in the 10-K filed 2024-11-14. Quoted as filed.
The success of our DTC streaming services will be impacted by the success of our content curation and investment decisions and ability to offer compelling content and product features; our ability to grow subscription and advertising
10-K, Item 1A
Accounting checks
latest 10-K10 of 11 clear 1 worth a look. Checks, not verdicts.
- !Critical audit matters changedNew this year: Amortization of Production Costs Predominantly Monetized as a Group (“As described in Notes 2 and 7 to the consolidated financial statements, production costs that are predominantly monetized as a group (hereinafter referred to as “production costs”) are amortized based on projected usage. For the year ended September 27, 2025, the Company recognized $7,072 million of”). No longer listed: TABLE OF CONTENTS; Annual Goodwill Impairment Assessment - Entertainment Linear Networks and Direct-to-Consumer (DTC) Services Reporting Units
- ✓Receivables +3.8% vs revenue +3.4% (+0.5 pts)
- ✓Cash from operations $18.1B vs net income $12.4B (FY ending 2025-09-27)
- ✓Inventory +5.5% vs revenue +3.4% (+2.2 pts)
- ✓Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →Nothing new. The most recent filings:
- Aug 5, 20268-K Quarterly results 8-K item 2.02
- Aug 5, 202610-Q Quarterly report (10-Q) period ended Jun 27, 2026
- May 6, 20268-K Quarterly results 8-K item 2.02
- May 6, 202610-Q Quarterly report (10-Q) period ended Mar 28, 2026
Work on DIS in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/DIS/export.csv") into a cell.