The Walt Disney Company has released its second quarter earnings for fiscal year 2025, and the Experiences division that encapsulates the Disney theme parks, cruise line, and products, posted a revenue of $8.9 billion with an operating income of $2.5 billion. On the revenue side, that represents a 6% increase versus this time last year, and on the operating income front, Disney Experiences saw a year-over-year bump of 9%. Here are the details.
Disney Experiences Records $8.9 Billion in Revenue for Q2 2025
Domestically, theme parks recorded $6.5 billion in revenue and $1.8 billion in profit, a 9% and 13% jump respectively. International parks saw a 5% decline in revenue to $1.4 billion and a 23% decline in operating income to just $225 million. Here’s what Disney had to say about the Experiences results.
Operating results at our domestic parks and experiences increased compared to the prior-year quarter primarily due to growth at our domestic parks and resorts and, to a lesser extent, Disney Vacation Club and Disney Cruise Line reflecting:
- Higher volumes attributable to increases in passenger cruise days, theme park attendance, occupied room nights and Disney Vacation Club unit sales. Additional passenger cruise days reflected the launch of the Disney Treasure in the first quarter of the current year
- An increase in guest spending due to higher spending at our theme parks
- Increased costs primarily attributable to the fleet expansion at Disney Cruise Line and inflation
The decrease in operating income at our international parks and experiences was attributable to Shanghai Disney Resort and Hong Kong Disneyland Resort due to lower theme park attendance and increased costs.
The increase in operating income at consumer products was due to higher licensing revenue,
including a benefit from the release of the licensed game, Marvel Rivals.
Our outstanding performance this quarter—with adjusted EPS up 20% from the prior year driven by our Entertainment and Experiences businesses—underscores our continued success building for growth and executing across our strategic priorities. Following an excellent first half of the fiscal year, we have a lot more to look forward to, including our upcoming theatrical slate, the launch of ESPN’s new DTC offering, and an unprecedented number of expansion projects underway in our Experiences segment. Overall, we remain optimistic about the direction of the company and our outlook for the remainder of the fiscal year.
As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!