The Walt Disney (DIS) Revenue — Quarter Ended Apr 1, 2023
Revenue for the quarter was lower than the prior quarter but higher than the same quarter last year. The year-over-year increase continued a trend of growth despite the sequential decline.
Key takeaway
Quarter ended Apr 1, 2023 · FY2023 Q2
Revenue for the quarter was lower than the prior quarter but higher than the same quarter last year. The year-over-year increase continued a trend of growth despite the sequential decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$21.8B
Revenue reported for this quarter.
Quarter-over-quarter
-7.2%
Change from the immediately preceding quarter.
Year-over-year
+13.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$87B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 2, 2022 | $21.5B | +26.3% |
| Oct 1, 2022 | $20.2B | +8.7% |
| Dec 31, 2022 | $23.5B | +7.8% |
| Apr 1, 2023 | $21.8B | +13.3% |
Revenue performance
The reported revenue decreased compared to the immediately preceding quarter, while it increased compared to the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue contracted; compared to the year-ago period, revenue expanded.
What to watch
The sequential decline in revenue contrasts with the year-over-year increase, marking a reversal from the prior quarter's growth.