Disney beat Wall Street expectations with a 5% lift in revenue for the December 2025 quarter, and its streaming biz continued its up-and-to-the-right trajectory — but the company is no longer reporting Disney+ and Hulu subscriber totals.
The Mouse House’s total revenue came in at $25.98 billion for the three months ended Dec. 27, 2025, the first quarter of Disney’s 2026 fiscal year. Net income before income taxes was $3.69 billion, roughly in line with the year-prior quarter, and adjusted earnings per share declined 7% to $1.63.
Entertainment segment revenue increased 7%, thanks to box-office blockbuster “Zootopia 2” — which has become the highest-grossing animated film ever — and other movies,…
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