The Walt Disney Company

2025 Q1 Reports

The Walt Disney Company reported that the Disney Treasure had a “spectacular start,” and they anticipate that the ship will be profitable in its first full quarter of operation.

During Wednesday morning's Q1 FY25 earnings call, CEO Bob Iger and CFO Hugh Johnston fielded questions about the Treasure's launch last month. Johnston mentioned that the Treasure had a successful debut, with all rooms sold out. Guests have rated the ship as “excellent,” which is consistent with ratings for other Disney Cruise Line vessels. Disney is feeling optimistic about this feedback and expects the Disney Treasure to achieve profitability in its first full quarter of sailing, which will be Q2 FY25.

Additionally, there was a $75 million impact on domestic operating income due to pre-opening expenses associated with the new Disney Treasure cruise ship.