Disney Parks Suffer $967 Million Loss in Second Quarter 2021

Tom Corless


Disney Parks Suffer $967 Million Loss in Second Quarter 2021

With the results for Q2 2021 now released, Disney has announced that the company had revenue of $15.6 billion, short of the projected $16.0 billion for the quarter.

The Disney Parks specifically lost over $967 million in the second quarter of fiscal 2021. Domestic parks lost $587 million, including the Walt Disney World and Disneyland Resorts. International destinations lost $387 million. Disney estimated the bottom line negative impact from COVID this quarter on the Disney Parks, Experiences, and Products division as whole to be $1.2 billion.

Per the quarterly report:

Disney Parks, Experiences and Products revenues for the quarter decreased 44% to $3.2 billion, and segment operating results decreased $1.2 billion to a loss of $406 million. Lower operating results for the quarter were due to decreases at our parks and experiences business, partially offset by growth at our consumer products business.

As a result of COVID-19, Disneyland Resort and Disneyland Paris were closed and our cruise business was suspended for all of the current quarter, whereas these businesses closed in mid-March of the prior-year quarter. Hong Kong Disneyland Resort was open for approximately 30 days during the current quarter, compared to approximately 25 days in the prior-year quarter. Walt Disney World Resort and Shanghai Disney Resort were both open in the current quarter. In the prior-year quarter, Walt Disney World Resort closed in mid-March and Shanghai Disney Resort closed in late January. Our parks and resorts that were open during the quarter operated at significantly reduced capacities.



  • Tom Corless

    Tom has been regularly visiting the Walt Disney World® Resort from the time he was 4 months old. While he has made countless visits in the last 28 years, he did not become a truly active member in the Disney fan community until the summer of 2007, when he decided to launch the WDW News Today website and podcast. Tom has since become an Orlando-local and is a published author on Walt Disney World. Contact Tom at tom@wdwnt.com.

1 thought on “Disney Parks Suffer $967 Million Loss in Second Quarter 2021”

  1. Honestly, Disney, what did you expect after losing a spine and pandering to government control and the CDC?!?!

Comments are closed.