Disney (DIS) Stock: Q1 Revenue Hits $26B on Theme Park Strength
Disney reported a strong Q1 revenue of $26 billion, surpassing Wall Street estimates, primarily driven by a robust performance in theme parks which generated $10 billion and accounted for 72% of operating profit. The streaming segment also exceeded expectations with a 72% increase in operating income, despite a setback in sports income due to a dispute costing $110 million. The company is set to name a new CEO soon, with Josh D’Amaro as a potential frontrunner.
TLDR Disney beat Wall Street estimates with $26 billion in revenue for the quarter ending December 27, up 5% from last year Theme parks drove results with $10 billion in revenue and 72% of total operating profit of nearly $5 billion Streaming services saw operating income jump 72% to $450 million, beating analyst expectations YouTube TV dispute cost Disney’s sports unit $110 million, leading to a 23% drop in sports operating income Company expects to name Bob Iger’s replacement as CEO this week, with Josh D’Amaro considered the front-runner Disney crushed Wall Street’s expectations for its first fiscal quarter. The company posted $26 billion in revenue for the period ending December 27, topping the $25.7 billion analyst forecast. The Walt #Disney Company$DIS, Q1-26. Results: Adj. EPS: $1.63 Revenue: $25.98B Net Income: $2.4B Strong Experiences performance offset declines in Entertainment segment operating income pic.twitter.com/MPfY7W7yv9 — EarningsTime (@Earnings_Time) February 2, 2026 The entertainment giant earned $1.63 per share on an adjusted basis. That beat estimates of $1.57 per share, though it marked a 7% decline from the previous year. Theme parks carried the quarter. The experiences division brought in $10 billion in revenue and generated 72% of Disney’s nearly $5 billion in quarterly operating profit. The Walt Disney Company, DIS Walt Disney World saw strong performance compared to last year. Hurricane Milton had forced the Orlando parks to close during the same period in 2024. Domestic park attendance rose 1% while guest spending per person increased 4%. The cruise line also performed well after adding a new ship to its fleet. Streaming Profits Surge Past Expectations Disney’s streaming business delivered a standout performance. Operating income for Disney+ and Hulu jumped 72% to $450 million, well above Wall Street’s projections. CFO Hugh Johnston credited strong viewership of older titles like “Avatar” and “Zootopia” whose sequels released in 2025...
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