Disney posted its first-quarter earnings for fiscal year 2025 on Feb. 5. While its Disney+, Hulu, and ESPN+ streaming platforms reported a profit of $293 million, subscribers to Disney+ streaming service dropped by 700,000.
For the quarter ended Dec. 28, 2024, Disney’s revenues increased 5 percent, to $24.7 billion, up from $23.5 billion a year earlier. Pretax income rose 27 percent, from $2.9 billion to $3.7 billion, and earnings per share increased to $1.76.