Disney warned during its fiscal fourth-quarter report in November that it expected a “modest decline” in subscriptions during the December period.

Animated blockbuster “Moana 2” put wind into Disney’s sales for the last three months of 2024. The sequel’s strong showing at the box office, along with another profitable quarter for Disney+ and Hulu,

Walt Disney surprised analysts with a strong first-quarter performance, driven by an uptick in its direct-to-consumer segment and content sales.

Moana 2' helped float a solid fiscal first quarter for Disney with studio profit riding the strong box office of the animated sequel that’s topped $1 billion worldwide.

Disney streaming services saw a successful Q1 in 2025, officially completing a second consecutive profitable quarter. However, the core Disney+ model saw a drop in subscribers after recent price increases.

Disney (DIS) reported first quarter earnings on Wednesday that beat expectations as the media and entertainment giant reported a profit in its streaming segment while its parks business faced setbacks in the midst of two back-to-back hurricanes and greater cruise ship investments.