The results are in for Q4 (and the fiscal year) for 2024, and the Walt Disney Company has reported revenue of $22.6 billion for the quarter.
The Walt Disney Company Revenue for Q4 2024
Analysts predicted a revenue of $22.45 billion for Q4, as compared to Q4 of 2023, where Disney reported a revenue of $21.2 billion.
Income before taxes declined 6% to $0.9 billion from $1.0 billion in the prior year quarter, and increased 59% for the year to $7.6 billion from $4.8 billion in the prior year.
The diluted earnings per share (EPS) for Q4 increased 79% to $0.25 from $0.14 in the prior year quarter, and more than doubled for the year, to $2.72 from $1.29 in the prior year.
This was a pivotal and successful year for The Walt Disney Company, and thanks to the significant progress we’ve made, we have emerged from a period of considerable challenges and disruption well positioned for growth and optimistic about our future.
Our solid performance in the fiscal fourth quarter reflected the success of our strategic efforts to improve quality, innovation, efficiency, and value creation. In Q4 we saw one of the best quarters in the history of our film studio, improved profitability in our streaming businesses, a record-breaking 60 Emmy Awards for the company, the continued power of live sports, and the unveiling of an impressive collection of new projects coming to our Experiences segment. As a result of our strategies and our focus on managing our businesses for both the near- and long-term, we are differentiating ourselves from traditional competitors, leveraging the deepest and broadest set of entertainment assets in the industry to drive attractive returns and further advance our goals.
Robert A. Iger, Chief Executive Officer, The Walt Disney Company
On the experiences side, Disney Parks & Experiences brought in $8.24 billion in revenue during the quarter.
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