The Walt Disney Company on Thursday reported its fourth-quarter financial results for fiscal 2025, posting revenue of $22.5 billion, a slight decline from the $22.6 billion reported in the same quarter last year. The figure also came in below market expectations, reflecting continued challenges across some business segments.

For the full fiscal year 2025, Disney reported revenue of $94.4 billion, marking a 3% increase over the prior year and signalling steady recovery momentum despite a softer end to the year.

More updates to follow as the company releases additional details…