DIS · 10-Q · 2026Q2 · Full report
Interest Rate Environment
Walt Disney Co · 2026-08-05 · Importance 41 · Surprise 48 · From source text
Disney’s net interest expense declined 22% to $813 million in the nine months ended June 27, 2026, primarily because of lower average interest rates. The benefit from lower rates was partially offset by higher average debt balances. In the quarter, net interest expense increased 8% because higher average debt balances more than offset lower effective interest rates.
Key facts
- Nine months interest expense, net decreased 22% to $813 million from $1,037 million prior-year source
- Interest expense for the quarter ended June 27, 2026: $463 million, down 6% from $438 million prior-year; interest expense, net for quarter: $298 million, vs $324 million prior-year (8% change) source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +0.9% | Nine months interest expense, net decreased 22% to $813 million from $1,037 million prior-year |