Disney has reported earnings for its second fiscal quarter ended 29 March 2025, with operating income and revenue up in the theme parks division.
In Disney’s theme parks and experiences segment, operating income was $2.5 billion, a slight increase of $0.2bn compared to the prior-year quarter.
Revenue for Disney’s experiences segment increased by 6 percent to $8.9bn.
Operating income for Disney’s US parks grew 13 percent to $1.8bn. The company attributes this rise to increases in passenger cruise days, theme park attendance, occupied room nights and Disney Vacation Club unit sales.
Operating income at Disney’s international parks and experiences decline by 23 percent due to lower attendance and higher costs at Shanghai Disney Resort and Hong Kong Disneyland.
Revenue for Disney’s US parks dropped by 5 percent from the same quarter last year, but was up by 4 percent at Disney’s international parks.
Disney parks expand across the world
In a statement alongside the financial results, Disney said it currently has more expansion projects underway across the world than at any time in its history.
The second-quarter earnings come just one day after the company announced a partnership with Miral to create a theme park resort in Abu Dhabi, UAE.
The new destination on Yas Island will be Disney’s most advanced and interactive to date.
Disney CEO Bob Iger said in his post-earnings remarks: “This seventh Disney theme park resort will rise from the shores of this land in spectacular fashion, blending wonderful Disney stories and characters with the cultures and tastes of this country and this region.
“It will combine contemporary architecture and cutting-edge technology with the timeless magic of Disney to offer guests deeply immersive experiences in unique and modern ways.”
Disney’s focus, he added, “must always be on building for tomorrow as much as it is on managing for today”.
Images courtesy of Disney