
Disney’s Parks, Streaming and ‘Toy Story 5’ Drive Earnings Beat
Disney’s parks, streaming operations and “Toy Story 5” helped The Walt Disney Company post adjusted third-quarter earnings above forecasts for the period ended June 27, 2026. The results show where the company gained momentum, how its businesses supported one another and why sports costs and international park performance remained important pressure points. Key Takeaways Disney reported adjusted earnings of $2.06 per share, above the $1.86 average forecast cited by FactSet. Experiences revenue rose 10% to $9.97 billion, while operating income increased 20% to $3.02 billion. Disney+, Hulu and related streaming services generated $712 million in operating income, more than double the prior-year result. Disney said “Toy Story 5” contributed across theaters, streaming engagement and consumer products. Sports revenue increased, but operating income declined 17% as programming and production costs rose. The Walt Disney Company reported stronger adjusted earnings for its fiscal third quarter as gains from Disney’s parks, streaming operations and “Toy Story 5” outweighed weaker profit results in sports and international destinations. Adjusted earnings rose 28% to $2.06 per share from $1.61 a year earlier. That exceeded the $1.86 average forecast cited by FactSet. Revenue increased 7% to $25.25 billion, narrowly below the $25.39 billion expected by analysts. Total













































