The Walt Disney (DIS) Revenue — Quarter Ended Dec 30, 2023
Revenue increased for the quarter, rising compared to both the prior quarter and the same quarter a year earlier. The growth rate versus the preceding quarter was notably stronger than the modest year-over-year gain.
Key takeaway
Quarter ended Dec 30, 2023 · FY2024 Q1
Revenue increased for the quarter, rising compared to both the prior quarter and the same quarter a year earlier. The growth rate versus the preceding quarter was notably stronger than the modest year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$23.5B
Revenue reported for this quarter.
Quarter-over-quarter
+10.9%
Change from the immediately preceding quarter.
Year-over-year
+0.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$88.9B
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 |
|---|---|---|
| Apr 1, 2023 | $21.8B | +13.3% |
| Jul 1, 2023 | $22.3B | +3.8% |
| Sep 30, 2023 | $21.2B | +5.4% |
| Dec 30, 2023 | $23.5B | +0.2% |
Revenue performance
Services revenue held nearly flat year-over-year, while product revenue increased slightly.
Quarterly comparison
Revenue rose sharply from the immediate prior quarter, reversing a decline seen in the previous sequential period. Compared to the same quarter one year ago, revenue edged up modestly.
What to watch
The absence of restructuring and impairment charges this quarter, after such charges existed in the year-ago period, may warrant attention.