Disney's theme parks and experiences segment has delivered record operating income for the fourth quarter and 2024–25 fiscal year, as revealed in the company's latest financial results.
For the full year, Disney has reported record operating income of $10 billion, an increase of $723 million compared to the prior year.
As for the fourth quarter, the company has announced record operating income of $1.9bn, an increase of $219m or 13 percent compared to the prior-year quarter.
Broken down, Disney's international parks and experiences reported an operating income increase of 25 percent to $375m, primarily due to growth at Disneyland Paris.
Its US parks and experiences posted operating income of $920m, up 9 percent.
This has been attributed to an increase in passenger cruise days at Disney Cruise Line, partially offset by higher fleet expansion costs.
New park expansions and cruise ships
In a joint statement, Disney CEO Bob Iger and CFO Hugh Johnston said: “Despite increased competition in the marketplace, Walt Disney World and Disneyland remain the two most visited theme parks in the world, offering an unparalleled guest experience.”
Revenue in Disney's parks and experiences segment in Q4 was up 6 percent from $8.2bn to $8.7bn.
Iger and Johnston said the company is looking forward to the launch of two new cruise ships in the coming months.
The Disney Destiny's maiden voyage is set for 20 November, while the Disney Adventure is due to launch in March.
“With expansion projects underway at every one of our theme parks, five additional cruise ships scheduled for launch beyond fiscal 2026, and a new theme park planned for Abu Dhabi, the strategic investments we are making now will help ensure our offerings remain best-in-class and appeal to audiences worldwide well into the future,” Iger and Johnston said.
Images courtesy of Disney
