Walt Disney annual operating expenses
2017
2018
2019
2022
2023
2024
2025
Walt Disney Operating Expenses Growth & History (DIS)
Walt Disney's operating expenses was $21.83B for fiscal 2025.
View full Walt Disney company overviewWalt Disney annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-27 | $21.83B | $1.08B | +5.20% |
| 2024 | 2024-09-28 | $20.75B | $44.0M | +0.21% |
| 2023 | 2023-09-30 | $20.70B | −$846.0M | −3.93% |
| 2022 | 2022-10-01 | $21.55B | — | — |
| 2019 | 2019-09-28 | $42.02B | $9.29B | +28.39% |
| 2018 | 2018-09-29 | $32.73B | $2.42B | +7.99% |
| 2017 | 2017-09-30 | $30.31B | — | — |
Walt Disney quarterly operating expenses
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-27 | $5.38B | −$91.0M | −1.66% |
| Q2 2026 | 2026-03-28 | $5.48B | — | — |
| Q1 2026 | 2025-12-27 | $5.44B | — | — |
| Q4 2025 | 2025-09-27 | $5.84B | — | — |
| Q3 2025 | 2025-06-28 | $5.47B | — | — |
| Q1 2020 | 2019-12-28 | $13.02B | $4.01B | +44.61% |
| Q4 2019 | 2019-09-28 | $11.82B | — | — |
| Q3 2019 | 2019-06-29 | $12.82B | $4.47B | +53.56% |
| Q2 2019 | 2019-03-30 | $8.38B | $835.0M | +11.07% |
| Q1 2019 | 2018-12-29 | $9.00B | — | — |
| Q3 2018 | 2018-06-30 | $8.35B | — | — |
| Q2 2018 | 2018-03-31 | $7.54B | — | — |
Walt Disney operating expenses trends
Between the periods ended 2017-09-30 and 2025-09-27, Walt Disney's operating expenses decreased from $30.31B to $21.83B, a change of −$8.48B. The latest reported quarter, Q3 2026, shows $5.38B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Walt Disney source filings ↗