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Walt Disney Co. reported revenue of $25.17 billion for the three months ended March 28, 2026, up 7% from a year earlier. Adjusted earnings per share reached $1.57, beating analyst estimates, while net income fell 31% to $2.25 billion. The results represent the first earnings release under CEO Josh D’Amaro.
Walt Disney Co. reported revenue of $25.17 billion for the three months ended March 28, 2026, a 7% increase from the same period a year earlier. Adjusted earnings per share were $1.50, up 8% from the prior-year quarter.
Streaming revenue reached $6.5 billion, up 13% from 2025, while streaming operating income rose 88% to $582 million. Theme parks and experiences revenue was $8.6 billion, up 10%. Domestic parks and resorts revenue rose 2% to an unspecified amount within that total, though operating income fell 5% to $652 million because of higher sports rights costs and the absence of UFC pay-per-view revenue.
International parks revenue declined 1% due to continued softness in international visitors, according to the earnings materials. Entertainment revenue was $4.4 billion, up 9%.
In their first earnings report as CEO and CFO, Josh D’Amaro and Hugh Johnston said in a shareholder letter that the company was encouraged by current demand and expected fiscal third-quarter domestic attendance numbers to improve. They stated that AI could play a role in content creation and production, monetization, workforce productivity, consumer and guest experiences, and enterprise operations.
D’Amaro and Johnston added that Disney is committed to implementing AI in a way that keeps human creativity at the center of everything it does and respects creators and the value of its intellectual property. The company will continue to explore commercial opportunities with OpenAI and other companies, they said.
Disney released the fiscal second quarter 2026 earnings on May 6, 2026. The company did not provide updated full-year guidance in the release.
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