Disney Experiences Sees Global Revenue Growth, But Operating Income Suffers at US Parks and Cruise Line

Katie Francis

Updated on:

Two characters dressed as captains stand on a cruise ship deck, smiling and waving. Behind them is the Disney Treasure cruise ship, with water and a partly cloudy sky in the background.

Disney Experiences Sees Global Revenue Growth, But Operating Income Suffers at US Parks and Cruise Line

The Disney Experiences division, including Parks and Consumer Products, saw an overall growth of 3% for the first quarter of 2025, with a net revenue of $9.4 billion. However, operating income at the domestic US parks saw a 5% dip.

Disney Exerpeinces Q1 Revenue

The image captures a vibrant, colorful castle adorned with blue spires and gold accents. As part of the daily recap, people can be seen strolling through the area, enjoying the clear day's enchanting atmosphere.

The loss of operating income in the US was pinned on the effects of hurricanes, including Hurricane Milton which forced the closure of Walt Disney World and changes to Disney Cruise Line itineraries. Experts estimated Walt Disney World has lost a total of $547 million due to hurricanes.

Another hit to the domestic operating income was $75 million in pre-opening expenses for the new Disney Treasure cruise ship.

The international parks continue on an upward swing with 28% growth in Q1 operating income. Disney attributes this increase to growth in guest spending and increased attendance.

New international offerings this quarter, which ended December 28, included the first World of Frozen holiday celebrations at Hong Kong Disneyland and a Disneyland Paris drone show celebrating the reopening of Notre-Dame Cathedral.

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