--- description: The Oscar-winning, box office hit helps boost Disney's earnings months after its theatrical release, as the company boasted first-quarter profits of $1.9 billion, up 27 percent year-over-year, as well as revenues of $11.6 billion, up 10 percent title: Disney FIrst Quarter Earnings Impress Thanks to Frozen image: https://static.time.com/v3/assets/bltea6093859af6183b/blt10c0fcf24cc4fcd5/6986880d3617606e8390b31e/olaf_trailer_frame.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close * [Earnings](/tag/earnings/) ## Earnings Update your preferences in [Account Settings](/account/preferences/) Close # Disney's Earnings Aren't _Frozen_ by [Victor Luckerson](/author/victor-luckerson/) ## Victor Luckerson Update your preferences in [Account Settings](/account/preferences/) Close May 6, 2014 9:07 PM CUT  Walt Disney Pictures by [Victor Luckerson](/author/victor-luckerson/) ## Victor Luckerson Update your preferences in [Account Settings](/account/preferences/) Close May 6, 2014 9:07 PM CUT The _Frozen_ juggernaut is still boosting Disney’s bottom line, the company revealed in its quarterly earnings report. The Walt Disney Company posted profits of $1.9 billion in the first quarter, up 27 percent year-over-year, as well as revenues of $11.6 billion, up 10 percent. Both numbers easily beat analysts’ estimates. Disney’s movie studio led the company in growth, with operating income more than tripling to $475 million and revenue climbing 35 percent year-over-year to $1.8 billion. Disney attributed the huge figures to _Frozen_, which was smashing both [box office ](http://variety.com/2014/film/news/frozen-becomes-the-highest-grossing-animated-film-ever-1201150128/ "undefined")and [home-video ](http://variety.com/2014/film/news/frozen-sells-3-2-million-dvd-blu-ray-discs-in-one-day-1201139509/ "undefined")sales record during the first quarter, as well as _Thor: The Dark World_, another release in a string of hit movies based on the Marvel universe of characters. Disney stock was essentially flat in after-hours trading following the release of the earnings report. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/90006/disneys-earnings-arent-frozen/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/90006/disneys-earnings-arent-frozen/"},"headline":"Disney's Earnings Aren't Frozen","datePublished":"2014-05-06T21:07:59.000Z","dateModified":"2026-02-21T07:41:23.294Z","description":"The Oscar-winning, box office hit helps boost Disney's earnings months after its theatrical release, as the company boasted first-quarter profits of $1.9 billion, up 27 percent year-over-year, as well as revenues of $11.6 billion, up 10 percent","url":"https://time.com/90006/disneys-earnings-arent-frozen/","keywords":["Earnings","Frozen","Disney","Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt10c0fcf24cc4fcd5/6986880d3617606e8390b31e/olaf_trailer_frame.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Victor Luckerson","jobTitle":null,"url":"https://time.com/author/victor-luckerson/"}],"articleSection":"World","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt10c0fcf24cc4fcd5/6986880d3617606e8390b31e/olaf_trailer_frame.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Frozen","caption":"Frozen","creditText":"Walt Disney Pictures","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/earnings/","name":"Earnings"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/90006/disneys-earnings-arent-frozen/","name":"Disney's Earnings Aren't Frozen"}}]}] ```