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Screener / SEC EDGAR /CIK 0001744489 /10-K filed Nov 13, 2025, compared with Nov 14, 2024 /Numbers from the XBRL of the 10-Ks
Communication peers:
CHTRTMUSVZDISCMCSAT
NYSE Communication · Entertainment

Walt Disney DIS

DIS quote by TradingView

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 Feb 1, 2027
Compare with peers Embed

DIS among Communication peers

Six ratios from the latest 10-K. Each corner is the share of 18 peers the company is above, not a score.

Compare
Revenue growth: 3.4%, above 39% of 18 peers (their median 7.7%) REVENUE GROWTH 3.4% · above 39% Operating margin: 18.4%, above 50% of 16 peers (their median 19.5%) OPERATING MARGIN 18.4% · above 50% Net margin: 8.7%, above 39% of 18 peers (their median 9.7%) NET MARGIN 8.7% · above 39% FCF margin: 8.4%, above 47% of 15 peers (their median 11.6%) FCF MARGIN 8.4% · above 47% Return on capital: 12.6%, above 69% of 13 peers (their median 9.2%) RETURN ON CAPITAL 12.6% · above 69%
DIS Peer median Below the median

What changed

6 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Nov 13, 2025 against Nov 14, 2024.

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.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • 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
  • Receivables +3.8% vs revenue +3.4% (+0.5 pts)
9 more checks with nothing to note
  • Cash from operations $18.1B vs net income $12.4B (FY ending Sep 27, 2025)
  • 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 their words

6 paragraphs in Risk Factors that were not in the 10-K filed Nov 14, 2024. Quoted as filed.

All 6 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Nov 14, 2024 10-K, ITEM 1A
    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
  2. Item 1A · new paragraph · not in the 10-K filed Nov 14, 2024 10-K, ITEM 1A
    We face risks from claims, litigation, governmental investigations and other proceedings to our businesses, reputation, results of operation and financial condition. We are subject to various actual and threatened claims, litigation, investigations and other proceedings, including private individual actions, class actions and actions…

New risk paragraphs, against peers

Latest 10-K of each, Communication companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$82.7B$88.9B$91.4B$94.4B
Net income$3.1B$2.4B$5.0B$12.4B
Operating cash flow$6.0B$9.9B$14.0B$18.1B
Free cash flow$1.1B$4.9B$8.6B$10.1B

Revenue, FY2017 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$94.4B ▲ 3.4% in FY2025

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

No new filings in the last 30 days · SEC EDGAR

All filings

Nothing new. The most recent filings:

About the company

Walt Disney, Burbank, CA · from the 10-K filed Nov 13, 2025

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. The Entertainment segment generally encompasses the Company’s non-sports focused global film and episodic content production and distribution activities. The lines of business within Entertainment along with their significant business activities include the following:

Headquarters
Burbank, CA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
October 3
Last results
Aug 5, 2026
Incorporated in
DE

Employees, at the top of the page: "The Company employed approximately 231,000 people as of fiscal year end 2025, of which approximately 172,000 were employed in the U" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Nov 13, 2025 (open at SEC), compared with the 10-K filed Nov 14, 2024. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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