v3.25.2
Revenues (Tables)
9 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue by Major Source
The following table presents revenues by segment and major source:
Quarter Ended June 28, 2025
EntertainmentSportsExperiencesEliminationsTotal
Subscription fees$5,215$415$— $— $5,630 
Affiliate fees1,5502,484— (315)3,719 
Advertising1,6411,148— — 2,789 
Theme park admissions2,996 — 2,996 
Resorts and vacations
2,373 — 2,373 
Retail and wholesale sales of merchandise, food and beverage2,397    —    2,397    
Merchandise licensing149726 — 875 
TV/VOD and home entertainment distribution
87884— — 962 
Theatrical distribution licensing820— — 820 
Other451177594 (133)1,089 
$10,704$4,308$9,086 $(448)$23,650 
Quarter Ended June 29, 2024
EntertainmentSportsExperiencesEliminationsTotal
Subscription fees$4,729 $414 $— $— $5,143 
Affiliate fees1,726 2,571 — (291)4,006 
Advertising1,941 1,339 — — 3,280 
Theme park admissions— — 2,780 — 2,780 
Resorts and vacations
— — 2,115 — 2,115 
Retail and wholesale sales of merchandise, food and beverage—    —    2,246    —    2,246    
Merchandise licensing143 — 702 — 845 
TV/VOD and home entertainment distribution
812 108 — — 920 
Theatrical distribution licensing724 — — — 724 
Other505 126 543 (78)1,096 
$10,580 $4,558 $8,386 $(369)$23,155 
Nine Months Ended June 28, 2025
EntertainmentSportsExperiencesEliminationsTotal
Subscription fees$15,495 $1,270 $— $— $16,765 
Affiliate fees4,848 7,766 — (968)11,646 
Advertising5,137 3,647 — — 8,784 
Theme park admissions— — 9,002 — 9,002 
Resorts and vacations
— — 6,953 — 6,953 
Retail and wholesale sales of merchandise, food and beverage—    —    7,302    —    7,302    
Merchandise licensing462 — 2,357 — 2,819 
TV/VOD and home entertainment distribution
2,769 212 — — 2,981 
Theatrical distribution licensing2,108 — — — 2,108 
Other1,439 797 1,776 (411)3,601 
$32,258 $13,692 $27,390 $(1,379)$71,961 
Nine Months Ended June 29, 2024
EntertainmentSportsExperiencesEliminationsTotal
Subscription fees$14,041 $1,246 $— $— $15,287 
Affiliate fees5,251 7,918 — (883)12,286 
Advertising5,709 3,640 — — 9,349 
Theme park admissions— — 8,568 — 8,568 
Resorts and vacations
— — 6,334 — 6,334 
Retail and wholesale sales of merchandise, food and beverage—    —    6,989    —    6,989    
Merchandise licensing471 — 2,321 — 2,792 
TV/VOD and home entertainment distribution
2,226 235 — — 2,461 
Theatrical distribution licensing1,098 — — — 1,098 
Other1,561 666 1,699 (303)3,623 
$30,357 $13,705 $25,911 $(1,186)$68,787 
Disaggregation of Revenue by Geographical Markets
The following table presents revenues by segment and primary geographical markets:
Quarter Ended June 28, 2025
EntertainmentSportsExperiencesEliminationsTotal
Americas$8,569 $4,218 $6,824 $(448)$19,163 
Europe1,580    72    1,177    —    2,829    
Asia Pacific555 18 1,085 — 1,658 
Total revenues$10,704 $4,308 $9,086 $(448)$23,650 
Quarter Ended June 29, 2024
EntertainmentSportsExperiencesEliminationsTotal
Americas$8,222 $4,190 $6,250 $(369)$18,293 
Europe1,427    75    1,070    —    2,572    
Asia Pacific931 293 1,066 — 2,290 
Total revenues$10,580 $4,558 $8,386 $(369)$23,155 
Nine Months Ended June 28, 2025
EntertainmentSportsExperiencesEliminationsTotal
Americas$25,617 $13,377 $20,915 $(1,379)$58,530 
Europe4,804    221    3,109    —    8,134    
Asia Pacific1,837 94 3,366 — 5,297 
Total revenues$32,258 $13,692 $27,390 $(1,379)$71,961 
Nine Months Ended June 29, 2024
EntertainmentSportsExperiencesEliminationsTotal
Americas$23,450 $12,663 $19,591 $(1,186)$54,518 
Europe4,219    329    2,915    —    7,463    
Asia Pacific2,688 713 3,405 — 6,806 
Total revenues$30,357 $13,705 $25,911 $(1,186)$68,787 
Contract with Customer, Asset and Liability
Accounts receivable and deferred revenues from contracts with customers are as follows:
June 28,
2025
September 28,
2024
Accounts receivable
Current$11,115 $10,463   
Non-current1,010 1,040 
Allowance for credit losses(139)(118)
Deferred revenues
Current6,145 5,587 
Non-current818 858