by Lacey Pfalz
Last updated: 12:00 PM ET, Thu November 13, 2025
Disney Treasure christening (Photo Credit: Disney Cruise Line)
The Walt Disney Company is celebrating making a record full-year operating income of $10 billion as the entertainment giant’s 2025 fiscal year draws to a close.
Its parks and experiences category includes its many theme parks, like Walt Disney World Resort, along with Disney Cruise Line.
Annual revenue and fourth quarterly revenue grew 6 percent year-over-year in this category. In the fourth quarter alone, experiences generated an income of some $8.76 billion, while annual revenue reached some $36 billion.
International parks revenue grew 10 percent year-over-year, while domestic parks revenue grew 6 percent.
Disney Cruise Line’s expansion with the launch of the Disney Treasure and Disney Destiny, and the growth of Disneyland Paris are two main reasons why operating income has increased this year, as fleet expansions and parks growth generally increase both attendance and pricing.
Alice in Wonderland show debuts at Disneyland Paris. (Photo Credit: Disneyland Paris Media)
“This was another year of great progress as we strengthened the company by leveraging the value of our creative and brand assets and continued to make meaningful progress in our direct-to-consumer businesses,” said Robert A. Iger, Chief Executive Officer, The Walt Disney Company.
“Our strategy, coupled with our portfolio of complementary businesses and a strong balance sheet, enables us to continue investing in high-quality offerings for our consumers and increasing our returns to shareholders, and I’m pleased with our many achievements this fiscal year to position Disney for the future,” said Iger.
This important business segment saw an increase in operating income of $723 over 2024, with a record fourth quarter operating income of $1.9 billion. Operating income grew 25 percent for international parks and experiences, while it grew 9 percent for domestic parks and experiences.
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