Photo :AI-GANERATED 

May11, 2025

Andrew Campbell 

On May 7, Disney released its fiscal second-quarter earnings for the period ending March 29, 2025. Strong performance in its streaming sector and a recovery in its domestic parks business drove the outcome, which exceeded expectations.

Disney posted better-than-expected profitability for the first three months of 2025. Its revenue increased 7% to US$23.6 billion. Overall, Robert A. Iger, Chief Executive Officer of Walt Disney Company, is optimistic about the company's path and outlook for the remainder of the fiscal year.

The Disney+ streaming service gained 1.4 million customers. Attendance at US parks increased, with tourists spending more. In addition, cruise ship bookings increased with the launch of the new Disney Treasure.

Walt Disney also revealed plans to open its first theme park in the Middle East. Walt Disney and Miral, a local leisure and entertainment company, will collaborate to build its seventh global resort on Abu Dhabi's Yas Island in the United Arab Emirates (UAE).