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Disney+ paid subscribers, 2020 to 2025

Disney+ ended fiscal 2025 with 131.6 million paid subscribers; counting Hotstar, it peaked at 164.2 million in fiscal 2022.

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What the data shows

  • Disney+ including Hotstar: 74M in 2020, 159M in 2024 (2.2× higher). It peaked at 164M in 2022.
  • Disney+ excluding Hotstar: 75M in 2021, 132M in 2025 (1.8× higher).

About this chart

Disney+ ended fiscal 2025 (September 27, 2025) with 131.6 million paid subscribers, up 5% from 125.3 million restated a year earlier on the same basis. That count leaves out Hotstar, the India and Southeast Asia service that Disney stopped reporting after the 2024 Star India transaction. Disney also stopped disclosing subscriber counts from fiscal 2026, so the series ends at fiscal 2025.

Including Hotstar, Disney+ peaked at 164.2 million at the end of fiscal 2022. It launched in November 2019 and had 73.7 million by October 3, 2020 and 118.1 million by October 2, 2021. The combined total fell to 150.2 million in fiscal 2023 as Hotstar dropped from 61.3 million to 37.6 million. Excluding Hotstar, subscribers grew every year: 74.8, 102.9, 112.6, 122.7 and then 131.6 million.

The data

Source: The Walt Disney Company Form 10-K filings, FY2020-FY2025 (SEC EDGAR), Entertainment DTC key metrics. Retrieved November 4, 2026. Fiscal years end around Sept 30 (label = fiscal year). 'Including Hotstar' = Disney+ Core + Disney+ Hotstar (India/SE Asia); FY2023 and FY2024 values are the sum of the two reported lines (112.6+37.6, 122.7+35.9). Disney stopped reporting Hotstar after the 2024 Star India transaction; FY2025 is Disney+ only (131.6M, a definition that includes Southeast Asia; FY2024 restated on that basis was 125.3M, vs 122.7M as originally reported). Disney stopped disclosing subscriber counts from fiscal 2026, so the series ends at FY2025.

Disney+ paid subscribers, Paid subscribers at fiscal year-end, millions, 2020-2025, 2020–2025
DateDisney+ including HotstarDisney+ excluding Hotstar
202074M
2021118M75M
2022164M103M
2023150M113M
2024159M123M
2025132M

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Frequently asked questions

How many subscribers does Disney+ have?

Disney+ had 131.6 million paid subscribers at the end of fiscal 2025, which ended September 27, 2025. That figure excludes Hotstar, and Disney no longer reports subscriber counts from fiscal 2026.

What was Disney+'s peak subscriber count?

Including Hotstar, Disney+ peaked at 164.2 million paid subscribers at the end of fiscal 2022. The combined total fell to 150.2 million in fiscal 2023 as Hotstar shrank, then recovered to 158.6 million in fiscal 2024.

Where does this data come from?

The Walt Disney Company Form 10-K filings, FY2020-FY2025 (SEC EDGAR), Entertainment DTC key metrics. Retrieved November 4, 2026. Fiscal years end around Sept 30 (label = fiscal year). 'Including Hotstar' = Disney+ Core + Disney+ Hotstar (India/SE Asia); FY2023 and FY2024 values are the sum of the two reported lines (112.6+37.6, 122.7+35.9). Disney stopped reporting Hotstar after the 2024 Star India transaction; FY2025 is Disney+ only (131.6M, a definition that includes Southeast Asia; FY2024 restated on that basis was 125.3M, vs 122.7M as originally reported). Disney stopped disclosing subscriber counts from fiscal 2026, so the series ends at FY2025. You can download the full table as a CSV from this page.

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