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Does Disney make more than Amazon?

Amazon (NASDAQ:AMZN) carries a market capitalization of $1.56 trillion, about 4x last year's sales of $386 billion. But when you look at Disney (NYSE:DIS) stock, the company is worth $375 billion, or 5.4x fiscal 2020's revenue of $65 billion.



No, Amazon makes significantly more revenue than The Walt Disney Company. As of early 2026, the financial scale of the two companies is vastly different. Amazon is a global titan of e-commerce, cloud computing (AWS), and logistics, with annual revenues often exceeding $600 billion. In contrast, Disney is a media and entertainment giant focusing on film, streaming (Disney+), and theme parks, with annual revenues typically hovering around the $90 billion to $100 billion mark. While Disney is a powerhouse in its specific niche and has a higher cultural "footprint" in terms of intellectual property, Amazon's business model captures a much larger share of global consumer spending across multiple industries. Even when comparing market capitalization (the total value of a company's stock), Amazon is usually valued in the trillions of dollars, whereas Disney is valued in the hundreds of billions. Disney remains one of the most profitable entertainment entities in the world, but in terms of sheer cash flow and gross revenue, it does not come close to the scale of Amazon's diversified digital and retail empire.

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The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2023. BURBANK, Calif. —The Walt Disney Company (NYSE: DIS) today reported earnings for its third quarter and nine months ended July 1, 2023. Revenues for the quarter and nine months grew 4% and 8%, respectively.

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By market cap measure, Apple (AAPL), with valuation of $2.6T, is in a league that includes Microsoft (MSFT) and, really, no one else is even close. Disney (DIS) has a market cap of about $178B.

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There would likely be major regulatory issues, and media mega mergers have a long track record of abject failure and value destruction. Apple's history suggests it stays away from large M&A, and there's little evidence Apple wants to buy Disney.

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With costs so high, it's no wonder why many families find it difficult to afford a Disney vacation. A recent LendingTree survey found that 18% of Disney visitors have gone into debt for one or more of their trips to the destination. And among those with Disney debt, 8% say it will take more than a year to pay it off.

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