Disney Q2 Revenue Hits $25.2B, Beats Estimates

Walt Disney Co. reported better-than-expected second-quarter fiscal 2026 results on May 6, 2026, from its Burbank, California, headquarters, marking a strong start for new Chief Executive Josh D'Amaro in his first earnings release since succeeding Bob Iger in mid-March.

The company posted revenue of $25.2 billion, a 7 percent increase from the prior year and above analysts' estimates of $24.8 billion. Adjusted earnings per share came in at $1.57, surpassing expectations of around $1.50. Total segment operating income rose 4 percent to $4.6 billion. Entertainment revenue climbed 10 percent to $11.7 billion, with operating income up 6 percent to $1.34 billion, fueled by streaming gains at Disney+ and Hulu, which generated $582 million in operating income, an 88 percent surge on $5.5 billion in revenue. Higher subscriptions, advertising, and content sales from hits like Zootopia 2 and Avatar: Fire and Ash contributed.

The experiences segment, covering theme parks, cruises, and consumer products, saw revenue increase 7 percent to $9.5 billion and operating income rise 5 percent to $2.6 billion. Domestic parks benefited from higher guest spending, while cruises logged more passenger...