What was Disney's revenue in Q2 2026?

Disney's revenue was $22.3 billion, up 8% year-over-year.

Did Disney's streaming segment turn profitable?

No, Disney still recorded a streaming loss of $0.5 billion, but that was a 40% improvement from last year.

Why did Disney stock rise after the earnings release?

The stock rose because the financial results beat expectations, particularly in the parks and cruise segments.

What is Disney's future guidance?

Disney expects continued parks revenue growth, plans to add two cruise ships in 2027, and raised Disney+ subscriber forecast to 250 million.

Disney Earnings Beat on Cruise, Parks Pricing Power

Disney reported fiscal Q2 earnings that beat analyst estimates, with parks and cruise segments showing pricing power, while streaming losses continued to narrow.

Walt Disney Company (DIS) reported fiscal second-quarter 2026 financial results that exceeded analyst expectations, driven by strong pricing power in its parks and cruise ship segments, while streaming losses continued to narrow. Shares rose 4.2% in after-hours trading.

Key Financial Results

Metric	Q2 2026	YoY Change
Revenue	$22.3B	+8%
Net Income	$2.6B	+15%
EPS	$1.45	+12%
Parks Revenue	$8.2B	+10%
Streaming Loss	$0.5B	-40%

Highlights from the Statement

CEO Bob Iger said, "Our parks and cruises continue to generate strong revenue due to high demand and our ability to raise prices without impacting attendance." He added that the streaming segment is on track to reach profitability by year-end.

Future Guidance

Disney expects parks revenue to continue growing at a similar pace in the second half of the year, with plans to expand its cruise fleet by adding two new ships in 2027. The company also raised its Disney+ subscriber forecast to 250 million by year-end.

Impact on the Stock

Disney shares rose 4.2% in after-hours trading to $115, recovering from a 6% decline over the past month.

What This Means for Investors

The results show Disney still has pricing power in its traditional businesses (parks and cruises) while approaching profitability in streaming. However, investors should monitor continued improvement in streaming margins and the company's ability to sustain growth amid inflation.