Disney Q4 2025 Earnings: Revenue Miss, Dividend Hike and a Disney+–Hulu Subscriber Surge Amid Kimmel Fallout
Disney reported quarterly revenue of $22.46 billion, missing Wall Street estimates, but net income jumped to $1.31 billion from $460 million a year ago. Streaming posted $352 million in operating income, and Disney+ subscribers rose to 132 million. The board raised the annual dividend 50% to $1.50 per share and doubled share buybacks to $7 billion for 2026. Traditional TV operating income fell 21%.