The Walt Disney Company has shared its earnings for second quarter of 2026, the first under new CEO Josh D’Amaro, and the results are fairly positive.
The company achieved revenue of $25.17 billion, up 7%. Net income fell 31% to $2.25 billion largely on a higher tax bill, translating to adjusted earnings per share of $1.57 (up 8%). That beat analyst estimates for revenue of $24.85 billion and adjusted earnings per share of $1.50.
The biggest news is likely the company’s streaming services posted an 88% leap in operating income, reaching $582 million. Disney credited subscriber gains, price increases that occurred in Fall 2025, and more ad impressions due to in-demand content like Zootopia 2 which came to Disney+ in March.
Disney Entertainment revenue climbed 10% to $11.7 billion, while operating income went up 6% to $1.336 billion.
Disney Experiences, the division consisting of theme parks, cruises and consumer products, saw March quarter revenue of $9.5 billion (up 7%) and operating income of $2.6 billion (up 5%) — both records for fiscal Q2. “Current demand at our domestic parks and resorts is healthy,” D’Amaro and CFO Hugh Johnston said. “However, we are mindful of the macroeconomic uncertainty consumers are facing today.”
Attendance at U.S. Disney theme parks was down 1% during the first three months of the year, partly reflecting “continued softness in international visitation.” The company expects year-over-year attendance at Disneyland Resort and Walt Disney World Resort in the June quarter to improve.
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