Hey Thrill Seekers,
Disney has reported a solid performance for the final three months of the year, posting a 7% increase in revenue across both its domestic and international theme parks compared with the same period in 2024. Domestic parks revenue rose to $6.9 billion, while international parks generated $1.75 billion. The company attributed the growth primarily to the expansion of its cruise line, following the launch of Disney Treasure in December 2024 and Disney Destiny in November 2025, which boosted available cruise-day capacity. Disney also highlighted a recovery from the impact of Hurricane Milton, which had weighed on results in late 2024.
Attendance at Disney’s domestic parks increased by 1% during the quarter, while per capita guest spending rose by 4%. Domestic operating income climbed 8% year-on-year to $2.15 billion, while international operating income increased 2% to $428 million. Overall, the Disney Experiences segment—including parks, cruises, and consumer products—recorded a 6% increase in both revenue and operating income for the quarter.
Meanwhile, Universal Destinations & Experiences reported quarterly revenue of $2.89 billion, marking a 21% year-on-year increase. Universal credited the strong growth to the recent grand opening of its Epic Universe theme park in Orlando, Florida.
Disney warns of headwinds
Disney has warned of near-term headwinds for its Orlando theme parks as demand from UK and European visitors comes under pressure, driven by a combination of weaker exchange rates against the US dollar, higher airfares, and rising accommodation, which are making long-haul trips to Central Florida more expensive. Ongoing cost-of-living pressures across Europe, coupled with economic uncertainty in key source markets, are also prompting some families to shorten stays, delay bookings, or consider alternative destinations closer to home, while increased competition from new attractions—most notably Universal’s Epic Universe—adds further pressure on Disney to maintain value perception and international appeal.
One major positive for Orlando is that Florida has group stage and beyond World Cup matches taking place, which should see hotel occupancy and theme park visitor attendance rise. One thing is for sure, Disney must be looking at what they can add to their parks to freshen up their appeal.
Smiles included…
Jamie
