In the second fiscal quarter of 2024, The Walt Disney Company generated about 22.1 billion U.S. dollars in revenue. Company's revenues for the quarter did not show significant growth year-on-year.
The Walt Disney Company: net income
Disney's quarterly net income often varies wildly throughout each fiscal year, sometimes surpassing four or five billion U.S. dollars and other times dipping below one billion. In the third fiscal quarter of 2023, the company made a loss for the third time in years.
The company's segments
As far as revenue is concerned, the company's most lucrative area is its media and entertainment business. The Walt Disney Company announced a revenue of 88.9 billion U.S. dollars in 2023, up from 82.7 billion U.S. dollars a year earlier – an annual growth of over seven percent. Of this revenue, over 40 billion U.S. dollars was generated in its media and entertainment segment in 2023.
