Disney managed a solid showing in its third quarter, bolstered by movies like 鈥淭oy Story 5鈥� and ongoing strength from its U.S. theme parks that made up for continued weakness from international tourism.
Disney also announced a global short-form content sharing deal with TikTok on Wednesday. The agreement will bring Disney-focused fan-created content from TikTok to the Disney+ app.
The Walt Disney Co. cautioned earlier this year that its theme parks division would likely see modest growth due in part to declining .
International tourism in the U.S. has waned for a number of reasons after President Donald Trump鈥檚 return to the White House, including tariffs, a crackdown on immigrants, and repeated jabs at .
For the third quarter, the Experiences division, which includes Disney鈥檚 six global theme parks, its cruise line, merchandise and video game licensing, reported that operating income climbed 20% to $3.02 billion and revenue totaled $9.97 billion. Operating income rose 27% at domestic parks, while operating income declined 13% for international parks and Experiences.
Disney earned $2.64 billion, or $1.51 per share, for the three months ended June 27. It earned $5.26 billion, or $2.92 per share, a year ago.
Removing certain items, earnings were $2.06 per share. That easily topped the $1.86 per share that analysts polled by FactSet predicted.
Revenue for the Burbank, California-based company rose 7% to $25.25 billion. Wall Street was looking for $25.39 billion.
Disney is anticipated to have a very strong showing at the box office through the end of the year.
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
