The Walt Disney Company earnings overview

DIS FY2026 Q2 · Calendar Q2 2026

The Walt Disney Company

Disney's Q2 FY2026 beat on both lines was driven by accelerating Disney+ subscriber and ad revenue growth alongside record parks performance, with management maintaining FY26 and FY27 EPS growth guidance. The bullish score declined from 85 to 78 quarter-over-quarter, reflecting rising capex and macro uncertainty. The post-earnings rally of 7.5% subsequently reversed, with shares drifting 8% lower as the market weighed increasing capital expenditure against the beat.