Disney will stop reporting quarterly subscriber numbers staring with its Q1 report for fiscal year 2026 later this year, executives said while announcing Q3 numbers on Wednesday.

The statement in an executive commentary from CEO Bob Iger and Chief Financial Officer Hugh Johnston follows a similar move by Netflix that came into effect at the start of the year.

“Since we began reporting the number of paid subscribers and ARPU [average revenue per user], our DTC [direct-to-consumer] strategy and the operating environment have evolved,” Iger and Johnston said.

“[W]e believe quarterly updates on the number of paid subscribers and ARPU have become less meaningful to evaluating the performance of our businesses […] While we will no longer disclose subscribers and ARPU, we will provide inform

See Full Page