Disney Parks Admit Loss of $120 Million

Even after great successes company-wide, the Walt Disney Company shares a loss of $120 million for the domestic Disney Parks. Check out the full reason for this big loss.

Disney First Quarter Successes

Today, The Walt Disney Company shared its earnings report for the fiscal 1st quarter 2025 results. Current Disney CEO Bob Iger shared that the “outstanding box office performance from our studios, which had the top three movies of 2024,” is a testament to the “advanced strategic initiatives set in motion over the past two years.”

For streaming, adding the new ESPN tile on Disney+ was an important step to improve Entertainment DTC streaming businesses.

Iger shares, “Overall, this quarter proved to be a strong start to the fiscal year, and we remain confident in our strategy for continued growth.”

Big Disney Parks Loss

Overall, the Walt Disney Company’s total revenue for the 1st fiscal quarter was $24.7 billion, which is up 5% year-over-year. Although Disney’s Parks and Experiences brought in a strong revenue the price of two large hurricanes negatively impacted the overall earnings.

Walt Disney World rarely closes, with only closing 9 times in the past for hurricanes. In 2024, Walt Disney World closed for the 10th time for Hurricane Milton. The Disney Parks closed early, canceled Mickey’s Not So Scary Halloween Party, and all parks closed for one day.

This closure, along with changes to the Disney Cruise Line itinerary and earlier impacts from Hurricane Helene resulted in an estimated $120 million negative impact on Disney Parks, Experiences, and Products.

Lower Park Attendance

The overall spending at Disney Parks increased but lower attendance and higher operating costs due to inflation and the Disney Cruise Line expansions affected the overall operating income.

“Overall, this quarter proved to be a strong start to the fiscal year, and we remain confident in our strategy for continued growth.” – Bob Iger.

Disney’s Domestic Parks and Experiences saw a revenue of $6.4 billion, which is up 2% year-over-year. International Disney Park attendance increased even more and there was higher guest spending.

What do you think of the negative impact of two hurricanes for the Disney Parks? Do you think the domestic Disney Parks should make changes to increase guest attendance? Share your thoughts with us, and share this news with your Disney pals.