In the second quarter of the fiscal year 2025, the domestic operating income for Disney Parks & Experiences grew 13% but international parks income dropped by 23%.
Q2 FY25 Disney Parks Operating Income
The Walt Disney Company released their Q2 FY25 fiscal report on Wednesday morning for the quarter ending on March 29, 2025. The Disney Experiences segment saw a 9% total increase of operating income from $2,286 million in the FY24 quarter to $2,491 million this year. The domestic total was $1,823 million, an increase from $1,607 million last year.
Consumer products also increased by 14% from $387 million to $443 million. International parks, however, dropped from $225 million to $292 million.
The total Disney Experiences revenue increased by 6% from $8,393 to 8,889. Domestic parks revenue increased 9%, consumer products increased 4%, and international parks dropped by 5%.
Disney credited the domestic increase to growth at these parks, Disney Vacation Club, and Disney Cruise Line. There were increases in passenger cruise days (reflecting the launch of the Disney Treasure in Q1), theme park attendance, occupied room nights, and DVC unit sales. There was also an increase in guest spending at theme parks.
The launch of the Disney Treasure and ongoing work on the Disney Cruise Line fleet expansion meant increased costs. Disney attributed the decrease in operating income at their international parks to lower theme park attendance and increased costs at Shanghai Disney Resort and Hong Kong Disneyland Resort.
Consumer products, meanwhile, saw an increase “due to higher licensing revenue,” including from the release of the game Marvel Rivals.
Following an excellent first half of the fiscal year, we have a lot more to look forward to, including our upcoming theatrical slate, the launch of ESPN’s new DTC offering, and an unprecedented number of expansion projects underway in our Experiences segment. Overall, we remain optimistic about the direction of the company and our outlook for the remainder of the fiscal year […] Our focus must always be on building for tomorrow, as much as it is on managing for today.
Bob Iger, CEO, The Walt Disney Company
The Walt Disney Company reported a total revenue in Q2 FY25 of $23.6 billion. Ahead of the bell, the company announced a new theme park in Abu Dhabi.
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